Alex Morgan

Alex is a 42-year-old former corporate executive and business consultant with a degree in business administration. Boasting over 15 years of experience working in various industries, including technology, finance, and marketing, Alex has acquired in-depth knowledge about business strategies, management principles, and market trends. In recent years, Alex has transitioned into writing business articles and providing expert commentary on business-related issues. Fluent in English and proficient in data analysis, Alex strives to deliver well-researched and insightful content to readers, combining practical experience with a keen analytical eye to offer valuable perspectives on the ever-evolving business landscape.
  • Business NewsTrueMoney, true borders: Fintech giants unite for cross-border payments | Thaiger

    TrueMoney, true borders: Fintech giants unite for cross-border payments

    Ant Group and TrueMoney, a dominant fintech company in Southeast Asia, have forged a collaboration to facilitate mobile payments across borders between China and Thailand, a move that will see Thai tourists making cross-border payments to millions of merchants in China via the TrueMoney e-wallet. The cross-border payments are facilitated by Alipay+, a cross-border mobile payment ecosystem under Ant Group,…

  • Business NewsEnergy Absolute sees a revenue soar due to EV demand and battery sales | Thaiger

    Energy Absolute sees a revenue soar due to EV demand and battery sales

    The Stock Exchange of Thailand (SET)-listed renewable energy and electric vehicle (EV) developer and operator, Energy Absolute (EA), is set to record a significant surge in its total revenue. This year’s revenue is projected to exceed 41 billion baht, a substantial leap from last year’s 27.5 billion baht. This surge can be attributed to the burgeoning demand for commercial EVs…

  • Business NewsSolar sparks fly: SPCG revs up to electrify Eastern Economic Corridor | Thaiger

    Solar sparks fly: SPCG revs up to electrify Eastern Economic Corridor

    After nearly two years of delay, SPCG, a leading solar farm developer in Thailand, is set to start construction of solar farms within the Eastern Economic Corridor (EEC). SPCG anticipates generating a combined power capacity of 500 megawatts. The delay was due to the need to identify suitable areas for the project and awaiting the license approval from the new…

  • Business NewsWeixin Pay rolls out red carpet for tourists in Thailand with new payment perks | Thaiger

    Weixin Pay rolls out red carpet for tourists in Thailand with new payment perks

    Tencent’s Weixin Pay, commonly known as WeChat Pay, a Chinese payment service provider, has introduced innovative features aimed at simplifying payments for foreign tourists in China and cross-border transactions in Thailand. These features allow visitors to conveniently make payments by scanning QR codes, streamlining the payment process. Starting in July, Tencent has been collaborating closely with major global credit card…

  • Business NewsThai economy to be driven by private consumption, tourism in 2023 | Thaiger

    Thai economy to be driven by private consumption, tourism in 2023

    Stimulating private consumption is a reasonable strategy for the government to maintain economic growth amidst global uncertainties, according to Tim Leelahaphan, an economist at Standard Chartered Bank Thailand. The first half of 2023 saw a 7% year-on-year increase in the country’s private consumption. Expectations are high for private consumption and tourism to be the main drivers of economic growth in…

  • Business NewsThailand’s Student Loan Fund expands reach to address ageing society needs | Thaiger

    Thailand’s Student Loan Fund expands reach to address ageing society needs

    The Student Loan Fund (SLF) in Thailand, managed by Chainarong Katchapanan, announced plans to extend its loan services to all working-age adults, aged between 18 and 65. The move, aimed at upskilling and reskilling, is in response to Thailand’s shift towards an ageing society. This initiative will be implemented by the end of this year, marking the first time since…

  • Business NewsForeign income tax proposal raises eyebrows among retail investors | Thaiger

    Foreign income tax proposal raises eyebrows among retail investors

    A call has been issued to the government to reconsider the proposed foreign income tax, which could significantly impact retail investors with overseas investments, according to Jitta Wealth Asset Management. Trawut Luangsomboon, Jitta’s chief executive, voiced his concerns about the Revenue Department’s plan to include assessed income from abroad in the personal income tax calculations. He pointed out that the…

  • Business NewsBlackRock eyes Thai clean energy and sustainability bonds for investment | Thaiger

    BlackRock eyes Thai clean energy and sustainability bonds for investment

    Global asset management giant, BlackRock Inc, with a staggering total of US$9.43 trillion worth of assets under its belt, has set its sights on expanding its business horizons in Thailand. The company is particularly interested in investing in the Thai government’s Sustainability Linked Bonds and the country’s clean energy sector, according to a statement by government spokesperson Chai Wacharonke. The…

  • Business NewsNok Airlines stocks nosedive as SET delisting threat soars | Thaiger

    Nok Airlines stocks nosedive as SET delisting threat soars

    Low-cost carrier Nok Airlines stands on the brink of being delisted from the Stock Exchange of Thailand (SET). This possibility stems from the airline’s failure to improve its financial performance and submit its 2022 financial results within a given timeframe, as stated by the Thai bourse. The SET identified Nok Airlines as a potential candidate for delisting, given that the company’s…

  • Business NewsElon Musk’s Thai-landed ambitions: High-voltage investment opportunities on the horizon | Thaiger

    Elon Musk’s Thai-landed ambitions: High-voltage investment opportunities on the horizon

    Business magnate Elon Musk is set to discuss potential investment opportunities in Thailand with the Thai delegation via a teleconference. This news was shared by Prime Minister Srettha Thavisin, who is currently attending the 78th Session of the United Nations General Assembly (UNGA78) in New York. The prime minister revealed that the Thai government is seeking to attract foreign investors and…

  • Business NewsChinese tourism to Thailand lags despite lifted travel restrictions | Thaiger

    Chinese tourism to Thailand lags despite lifted travel restrictions

    The number of Chinese tourists visiting Thailand continues to fall behind predictions, despite China lifting travel restrictions over eight months ago. By September 10, a total of 2.28 million Chinese arrivals had been recorded for the year, with estimates for the end of the year standing between 4 and 4.4 million. This falls short of the initial target of 5…

  • Business NewsThailand’s ‘plastic’ ambition: Industry Ministry seeks foreign investment to mould bioplastics hub status by 2027 | Thaiger

    Thailand’s ‘plastic’ ambition: Industry Ministry seeks foreign investment to mould bioplastics hub status by 2027

    The Industry Ministry of Thailand is being urged to devise innovative strategies in order to attract foreign investment for the nation’s burgeoning bioplastics sector. The ultimate aim is to establish Thailand as a bio hub within the ASEAN region by 2027. Viboon Pungprasert, president of the Thai Bioplastics Industry Association (TBIA), has called upon the new government to implement measures…

  • Business NewsThailand’s new tax twist: Overseas earners spending 180 days face income tax | Thaiger

    Thailand’s new tax twist: Overseas earners spending 180 days face income tax

    Thailand’s tax policy, as declared by the Revenue Department, recently stipulated that an individual spending up to 180 days a year in the country and earning income from overseas will be liable for personal income tax. This decision, governed by Section 48 of the Revenue Code, is expected to primarily influence three groups: individuals involved in foreign stock market trading…

  • Business NewsChiang Mai tourism recovery slower than expected despite visa-free policy | Thaiger

    Chiang Mai tourism recovery slower than expected despite visa-free policy

    Despite the gradual revival of tourism, a significant number of rooms in Chiang Mai‘s hotels and the international airport remain unoccupied, with the return of travellers seemingly slower than anticipated post-pandemic. Adding to the concerns is the anticipated PM2.5 dust during the peak season. Over the weekend, Prime Minister Srettha Thavisin undertook an inspection of the airport in light of…

  • Business NewsThailand reviews taxes and launches digital wallet to tackle income disparity | Thaiger

    Thailand reviews taxes and launches digital wallet to tackle income disparity

    The Finance Ministry of Thailand is set to review the new land and building tax and the inheritance tax and launch the digital wallet following an order from Prime Minister Srettha Thavisin. The move aims to mitigate income disparity in the nation. PM Srettha, who also holds the Finance Minister post, gave the directive subsequent to the appointment of a new…

  • Business NewsThai PM’s ‘spice of life’ plan: Srettha Thavisin to boost Thai-Indian tourism in Modi meet | Thaiger

    Thai PM’s ‘spice of life’ plan: Srettha Thavisin to boost Thai-Indian tourism in Modi meet

    Prime Minister Srettha Thavisin announced his impending visit to India, scheduled for later this year, with an agenda to discuss boosting Indian tourism in Thailand with Indian Prime Minister Narendra Modi. The two leaders aim to resolve ongoing issues with visa application procedures and achieve approval for a visa-free policy for Indian tourists. Srettha told the media yesterday that he…

  • Business NewsThai business department investigates 439 firms for potential nomination violations | Thaiger

    Thai business department investigates 439 firms for potential nomination violations

    In a move to suppress the ‘grey’ market in the fiscal year 2023, the Business Development Department (BDD) investigated 439 companies, suspecting them of acting as nominees for foreign corporations. Interestingly, legal entities potentially involved in nominee activities were discovered in Chiang Mai and Chon Buri provinces. The BDD Deputy Director-General, Jitakorn Wongkhatekorn, revealed that the agency inspected three targeted…

  • Thailand NewsThailand’s healthcare sector transformed by AI innovations | Thaiger

    Thailand’s healthcare sector transformed by AI innovations

    Artificial intelligence (AI) is rapidly transforming Thailand’s healthcare sector, with innovative solutions designed to enhance patient care, ease the workload of medical professionals, and address the specialist shortage. In a collaboration aimed at advancing medical treatment, public hospitals, state agencies, and local startups are joining hands to develop AI-based healthcare products and services. These advancements are expected to boost the…

  • Business NewsDebt moratorium to benefit 7 million farmers and SMEs | Thaiger

    Debt moratorium to benefit 7 million farmers and SMEs

    Deputy Finance Minister Julapun Amornvivat announced that no more than seven million farmers and small and medium-sized enterprises (SMEs) will qualify for the initial phase of the debt moratorium. The breakdown of this figure is expected to be around four million small-scale farmers and three million SMEs. The Deputy Finance Minister refrained from providing specifics on the scope and limit…

  • Business NewsTablet talk: IT companies endorse education ministry’s digital vision, but call for a SMARTer plan | Thaiger

    Tablet talk: IT companies endorse education ministry’s digital vision, but call for a SMARTer plan

    The plan of the Education Ministry to equip every student and teacher across the nation with a tablet has received support from several IT companies. They believe the tablet initiative is a step towards promoting equal educational opportunities. However, they recommend a well-thought-out strategy about device specifications, relevant courseware, and the necessary skills students should acquire. This tablet initiative is…

  • Business NewsThailand and China’s Guangxi discuss bolstering trade via ILSTC route | Thaiger

    Thailand and China’s Guangxi discuss bolstering trade via ILSTC route

    Trade discussions took place yesterday between Thailand and China‘s Guangxi Zhuang Autonomous Region, focusing on the potential use of the New International Land-Sea Trade Corridor (ILSTC) to enhance trade cooperation. Guangxi Zhuang, a southern Chinese region adjacent to Vietnam, is the operational hub of the ILSTC, a trade and logistics channel. The route extends from Chongqing to the Beibu Gulf…

  • Transport NewsThailand’s airlines resist price war despite rising operational costs | Thaiger

    Thailand’s airlines resist price war despite rising operational costs

    Despite escalating operational costs, Thailand’s airlines are unlikely to trigger a new price war, while the Civil Aviation Authority of Thailand (CAAT) intends to retain the existing ceiling for ticket prices. This information was shared by Suttipong Kongpool, the CAAT director, during a seminar co-hosted by the Airlines Association of Thailand (AAT) and CAAT this week. Suttipong indicated that with…

  • Business NewsEconomic data in China sees Asian stocks surge, Thai shares dip | Thaiger

    Economic data in China sees Asian stocks surge, Thai shares dip

    Asian stocks experienced a significant surge yesterday, a continuation of the global equity rally, following encouraging Chinese economic data that sparked optimism about the imminent culmination of major central banks’ tightening initiatives. Despite the overall momentum, Thai stocks saw a slight dip of 0.3% from the prior week, closing at 1,542.03 on Friday, with an average daily turnover of 46.97…

  • Business NewsRice prices boil over, stirring inflation concerns for Asian central banks | Thaiger

    Rice prices boil over, stirring inflation concerns for Asian central banks

    Central banks across Asia are bracing themselves for the challenge of curbing inflation amid soaring food prices, particularly rice, a dietary staple in the region. The cost of rice surged to its highest since 2008, sparking concern among economists at HSBC Holdings Plc. Frederic Neumann, leading a team of economists at HSBC, referred to the significant impact of the 2008…

  • Business NewsThai consumer confidence surges as new government takes charge, but high living costs cast a shadow | Thaiger

    Thai consumer confidence surges as new government takes charge, but high living costs cast a shadow

    Last month saw a rise in consumer confidence following the swift establishment of a new government, although concerns about the high cost of living and the sluggish global economy remain. The University of the Thai Chamber of Commerce (UTCC) revealed that the consumer confidence index rose to 56.9 from 55.6 in July. This uplift was attributed to the easing of…

  • Business NewsThai tourism aims sky-high: 3 trillion baht revenue target unveiled | Thaiger

    Thai tourism aims sky-high: 3 trillion baht revenue target unveiled

    The Thai tourism and sports minister announced an ambitious new target for foreign tourism revenue: an unprecedented 3 trillion baht. The minister, Sudawan Wangsuphakijkosol, revealed the goal, which marks a considerable increase from the 1.9 trillion baht recorded in 2019, is part of a broader strategy to position the nation as a leading hub for sports and entertainment. Sudawan acknowledged…

  • Business NewsApple’s sweet surprise: iPhone 15 lineup set to juice up Thailand’s smartphone sales | Thaiger

    Apple’s sweet surprise: iPhone 15 lineup set to juice up Thailand’s smartphone sales

    Apple Inc’s new line of iPhone 15 models is set to boost Thailand’s smartphone sales in the fourth quarter, say industry analysts and a mobile phone distributor. In the premium smartphone market in Thailand, Apple and Samsung devices continue to reign. Apple debuted the iPhone 15, 15 Plus, 15 Pro, and 15 Pro Max on Tuesday. Thai consumers will be…

  • Tourism NewsThailand tourism shifts focus to Kazakhstan amid slow Chinese tourism recovery | Thaiger

    Thailand tourism shifts focus to Kazakhstan amid slow Chinese tourism recovery

    Chinese tourists aren’t expected to immediately surge to 700,000 arrivals per month, despite a prospective Thailand tourism visa–free scheme, due to safety concerns and lower flight frequencies, currently at half of their pre-pandemic 2019 levels. Phuket’s tourism operators are instead setting their sights on Kazakhstan, to be granted visa-free entries from September 25 to February 29, 2024. Travel agents see…

  • Business NewsKoh Samui tourism seeks extended stays for European travellers amidst water crisis | Thaiger

    Koh Samui tourism seeks extended stays for European travellers amidst water crisis

    Koh Samui’s tourism sector called for the government to extend stays for European travellers, arguing that the proposed visa-free travel for Chinese tourists will not significantly benefit the island. This comes from Ratchaporn Poolsawadee, the president of the Tourism Association of Koh Samui, who noted that Chinese nationals only make up a small percentage (10%) of the island’s foreign tourist…

  • Business NewsThailand’s car rental sector shifts gears: 2023 growth outlook takes a modest dip of 2-3% | Thaiger

    Thailand’s car rental sector shifts gears: 2023 growth outlook takes a modest dip of 2-3%

    Thailand’s car rental sector is anticipated to witness a modest growth of 2-3% this year, as per Krungthai Car Rent & Lease Plc (Kcar). This is a step down from the previous annual growth of 4-5%, a dip attributed to numerous elements such as a stagnating economy, slow resurgence of tourism, diminished buying power, and escalating household debt. Pichit Chantarasereekul,…