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 NewsThailand’s BoI plans more foreign semiconductor investment | Thaiger

    Thailand’s BoI plans more foreign semiconductor investment

    The Board of Investment (BoI) of Thailand has expressed an interest in attracting further foreign investment for the production of advanced semiconductors this year. This move comes as numerous businesses from China and Taiwan are looking to expand their investments in Thailand, particularly for printed circuit boards, to circumvent geopolitical risk, said Wirat Tatsaringkansakul, the BoI Deputy Secretary-General. “Companies will…

  • Business NewsPTT plc eyes green methanol production | Thaiger

    PTT plc eyes green methanol production

    PTT Plc, a major national oil and gas conglomerate, is contemplating the construction of a green methanol production facility. The project, costing an estimated 3.1 billion baht, aligns with PTT’s initiative to curtail carbon dioxide emissions and manufacture methanol-derived fuels. Traditionally, methanol production relies heavily on fossil fuels. However, PTT’s proposed method utilises biomass or carbon capture techniques, paving the…

  • Business NewsLiVE Fin Corp launches new S curve to capital market initiative | Thaiger

    LiVE Fin Corp launches new S curve to capital market initiative

    LiVE Fin Corp, under the aegis of the Stock Exchange of Thailand (SET), has set in motion a new initiative that seeks to bolster the potential of 60 entrepreneurial entities, startups, and small to medium-sized enterprises (SMEs) in high-growth sectors. The initiative, christened “New S Curve to Capital Market,” has been crafted in partnership with KPMG Thailand, the National Innovation…

  • Thailand NewsThai AirAsia sees triple surge in China flight bookings | Thaiger

    Thai AirAsia sees triple surge in China flight bookings

    In the wake of the permanent visa-free arrangement between Thailand and China, Thai AirAsia saw a wave of soaring bookings, catapulting towards a threefold increase in flights from Thailand to mainland China. Tansita Akrarittipirom, the director of commercial operations at Thai AirAsia, revealed that the company is witnessing a seismic shift in passenger demographics. “Previously, only 10% of our passengers…

  • Business NewsThai govt accelerates Thai-European FTA negotiations | Thaiger

    Thai govt accelerates Thai-European FTA negotiations

    The Thai government is speeding up negotiations for the Thai-European Free Trade Association (EFTA) to conclude within the current year. This information followed a discussion between Commerce Minister Phuntham Wechayachai and Swiss Ambassador Pedro Zwahlen. The minister revealed that the talks are being hastened following the policy of Prime Minister Srettha Thavisin’s administration, which desires to expand opportunities and bolster…

  • Business NewsBitcoin forecast to break US$80,000 barrier by year-end | Thaiger

    Bitcoin forecast to break US$80,000 barrier by year-end

    Cryptocurrency prices, particularly Bitcoin, have experienced an unexpected surge this year. The world’s largest cryptocurrency exchange, Binance’s chief executive, Richard Teng, previously predicted Bitcoin would conclude 2024 at approximately US$80,000. However, current market trends indicate that Bitcoin could surpass that figure before the year ends. Bitcoin’s popularity has been on the rise, reaching an all-time high of US$73,750 in mid-March.…

  • Business NewsThai tourism federation calls for urgent supply development | Thaiger

    Thai tourism federation calls for urgent supply development

    The Federation of Thai Tourism Associations (FETTA) has revealed its intention to present an urgent demand for supply development to the government. The appeal is due to a rising demand that is overburdening the existing infrastructure. This was disclosed by FETTA Secretary-General Adith Chairattananon. Adith explained that while the government has been keen on stimulating demand by granting visa exemptions…

  • Business NewsThai economy struggles post-election, foreign investment declines | Thaiger

    Thai economy struggles post-election, foreign investment declines

    Thailand’s economy continues to struggle despite the first General Election since 2019, which was anticipated to stimulate growth and attract foreign investors. Instead, the nation has seen its benchmark stock index decline for the fifth quarter consecutively, foreign investment is waning, and the baht is showing the second-worst performance amongst Asian currencies. According to Narongsak Plodmechai, CEO of SCB Asset…

  • Business NewsThai domestic car sales slump hits 26% as pickup sector suffers | Thaiger

    Thai domestic car sales slump hits 26% as pickup sector suffers

    The Federation of Thai Industries (FTI) reported a 26% year-on-year drop in domestic car sales for February, primarily affecting the pickup sector. This downturn is expected to hit a two-year low. The total number of cars sold in the country came to 52,843 units, a significant drop from the previous year’s 71,551 units. Despite the worrying sales slump, Surapong Paisitpatanapong,…

  • Business NewsGrowth in Thai exports expected in Q1 due to stable freight costs | Thaiger

    Growth in Thai exports expected in Q1 due to stable freight costs

    Thailand is set to experience a 1 to 2% growth in export value during the initial quarter of the year, fuelled by stable freight costs and rising shipments of key commodities such as rubber, rice, pet food, electronics, and automobiles. This positive forecast is shared by Keerati Rushchano, the permanent secretary of commerce, who anticipates a steady growth trajectory as…

  • Business NewsThailand forecasts 558 billion baht foreign investment in key sectors | Thaiger

    Thailand forecasts 558 billion baht foreign investment in key sectors

    Following a series of global roadshows led by Prime Minister Srettha Thavisin, the Board of Investment (BoI) anticipates a surge of at least 558 billion baht (US$15 billion) in foreign investment inflows into Thailand. The funds are expected to be channelled primarily into four critical sectors – digital, electric vehicles (EVs) and components, electronics and semiconductors, and logistics. BoI’s Secretary-General,…

  • Thailand NewsHong Kong’s national security law: Foreign corporations | Thaiger

    Hong Kong’s national security law: Foreign corporations

    Corporate lawyers and consultants have revealed that foreign corporations operating in Hong Kong have been revisiting their strategies since the previous year in anticipation of the recently passed domestic national security law. Despite assurances from the city and central authorities that the legislation, dictated by Article 23 of the Basic Law, would neither disrupt operations nor negatively impact the city’s…

  • Business NewsThai stock market hits snooze button despite extended hours | Thaiger

    Thai stock market hits snooze button despite extended hours

    Despite the extension of the Stock Exchange of Thailand‘s (SET) trading hours and looming interest rate cuts by the Bank of Thailand, the Thai market failed to rally yesterday. Concerns over a premature rate cut and the aftermath of a recent terrorist attack near Moscow fuelled investor anxiety. The SET yesterday, March 25, increased its trading period from 270 to…

  • Business NewsThai EV market shifts into gear with Chinese investment | Thaiger

    Thai EV market shifts into gear with Chinese investment

    Major automobile companies are forecasting a rapid escalation in the Thai electric vehicle (EV) market, propelled by increased investment from Chinese EV manufacturers. This is anticipated to ignite a price war as manufacturers strive to lure consumers with competitive pricing. This viewpoint was shared by Narong Sritalayon, the managing director of Chinese automaker Great Wall Motor (GWM), in a statement…

  • Business NewsTrue Corporation and DTAC merger lawsuit stirs telecom sector | Thaiger

    True Corporation and DTAC merger lawsuit stirs telecom sector

    A recent order from the Supreme Administrative Court may be causing ripples in the telecommunication sector. The court has asked the Central Administrative Court to accept a lawsuit filed by five individuals, aimed at nullifying the National Broadcasting and Telecommunications Commission’s (NBTC) approval of the merger between True Corporation and Total Access Communication (DTAC). However, industry insiders view this order…

  • Business NewsThai fruit frenzy: Chanthaburi aims to peel away competition | Thaiger

    Thai fruit frenzy: Chanthaburi aims to peel away competition

    Chanthaburi is set to be promoted as the leading fruit exporter to China by the Commerce Ministry, to drive sales of durian and mangosteen to exceed 3 billion baht. This move has been catalysed by a recently signed memorandum of understanding (MoU) between the Thai-Chinese Agricultural Import-Export Association and the China Fruit Marketing Association. Commerce Minister Phumtham Wechayachai emphasised that…

  • Business NewsChinese EV investments in Thailand linked to zero dollar tours | Thaiger

    Chinese EV investments in Thailand linked to zero dollar tours

    Chinese Electric Vehicle (EV) makers’ investments in Thailand have sparked comparison with a notorious scam, the zero dollar tours, among some industry insiders. The scam, which came into the limelight in 2016, involved Chinese tourists being enticed with inexpensive tour packages in Thailand, only to be compelled to purchase overpriced souvenirs and services. The parallel is being drawn because Chinese…

  • Business NewsThailand govt releases 1.35 trillion baht from 2024 budget | Thaiger

    Thailand govt releases 1.35 trillion baht from 2024 budget

    Between October 1, 2023, and March 8, a whopping 1.35 trillion baht has been released from the 2024 fiscal budget by the Thailand government, according to data from the Comptroller-General’s Department. Comptroller-General’s Department Director-General Patricia Mongkhonvanit explained that the 2024 Expenditure Budget Act draft is still under review by the House of Representatives. In such scenarios, the Budget Bureau’s Budgetary…

  • Business NewsThailand Stock Exchange shakes up trading oversight | Thaiger

    Thailand Stock Exchange shakes up trading oversight

    The Thailand Stock Exchange (SET) has launched a series of initiatives to bolster trading oversight and refine company listing criteria. This move is to regain investor confidence, following a 15.5% negative return last year, the worst performance globally among stock exchanges. Foreign investors offloaded 192 billion baht worth of Thai shares last year, with this trend continuing into the first…

  • Business NewsCharged up: Thai finance chief sparks debate on EV development | Thaiger

    Charged up: Thai finance chief sparks debate on EV development

    Thailand’s finance permanent secretary stressed the need for the country to continue developing its electric vehicle (EV) sector, despite concerns about the arrival of the Chinese EV supply chain in the local automobile industry. Lavaron Sangsnit warned that without active policies to encourage EVs, Thailand may be overlooked as a locale for factory establishment due to the lack of essential…

  • Business NewsJapan experiences surge in qr code transactions amid push for digitalisation | Thaiger

    Japan experiences surge in qr code transactions amid push for digitalisation

    Across Japan, a surge in electronic payment drives has been noted, as municipalities aim to encourage digitalised consumption through QR code transactions. These campaigns, often run in collaboration with local businesses, have seen increasing popularity, despite resistance from certain demographics, particularly the elderly and those less adept with digital devices. The country’s significant elderly population, a group that has been…

  • Thailand NewsChao Phraya Princess enhances cruise services to boost tourism | Thaiger

    Chao Phraya Princess enhances cruise services to boost tourism

    Thailand’s tourism industry is witnessing a revival, with operators enhancing their services to attract the global inflow of tourists. A sought-after experience for many first-time visitors in Bangkok is a scenic cruise along the Chao Phraya River, the country’s main thoroughfare. Chao Phraya Princess, among the largest river cruise operators, has weathered several crises, including the Covid-19 pandemic. To survive…

  • Thailand NewsBoosting economic growth: Thailand-Hungary relationship | Thaiger

    Boosting economic growth: Thailand-Hungary relationship

    Hungary seeks to cultivate a stronger bilateral relationship with Thailand as part of the Central European country’s objective to achieve 4% economic growth in the current year, according to Péter Szijjártó, the country’s Minister of Foreign Affairs and Trade. Trade between Thailand and Hungary hit a new high last year, exceeding US$730 million (approximately 26 billion baht). Thailand made significant…

  • Business NewsUnveiling Thailand’s cultural heritage through mini-dramas | Thaiger

    Unveiling Thailand’s cultural heritage through mini-dramas

    The Department of Commerce is encouraging business owners to utilise mini-dramas as a means of enhancing the global market’s awareness of the nation’s cultural heritage, traditions, and tourism opportunities. Commerce Minister Phumtham Wechayachai recently introduced actors to Prime Minister Srettha Thavisin, demonstrating the government’s commitment to promoting local products worldwide through the Y-Yuri Series. The department teamed up with well-known…

  • Business NewsMR. D.I.Y. undeterred by Thai wage hike, continues expansion | Thaiger

    MR. D.I.Y. undeterred by Thai wage hike, continues expansion

    MR. D.I.Y., a leading home improvement retailer, persists in its expansion plans in Thailand, unperturbed by the recent escalation in the daily minimum wage. The CEO of MR. D.I.Y. Thailand, Andy Chin, acknowledges that while this wage increase may raise the company’s costs slightly, it will be advantageous for the economy. Chin predicts a positive surge in the retail sector…

  • Business NewsFed’s rate cut sends gold soaring past US$2,200 per ounce | Thaiger

    Fed’s rate cut sends gold soaring past US$2,200 per ounce

    Gold soared beyond US$2,200 per ounce for the first time, following the Federal Reserve’s decision to maintain its forecast of three rate cuts this year. The Federal Reserve seems undeterred by recent inflation increases. Early trading saw Bullion reach an unprecedented high before retreating slightly. Its meteoric rise since mid-February has been underpinned by enduring support such as escalating geopolitical…

  • Business NewsPolitical unrest fuels growth in Thailand Privilege Card membership | Thaiger

    Political unrest fuels growth in Thailand Privilege Card membership

    Political unrest and geopolitical conflicts worldwide have propelled the Thailand Privilege Card’s membership count to a staggering 3,871, according to the card’s operator. The card’s operator, Thailand Privilege Card Co (TPC), noted that the long-stay visa, spanning from five to 20 years across four membership categories, has been a significant draw for individuals in countries facing severe political challenges. Russia,…

  • Business NewsThailand targets diverse travel groups to boost tourism revenue | Thaiger

    Thailand targets diverse travel groups to boost tourism revenue

    Thailand‘s aim of generating 3.5 trillion baht (US$97 billion) in tourism revenue this year requires a broader appeal beyond just leisure travellers to be competitive with other destinations, as per Dusit International. Suphajee Suthumpun, the CEO of Dusit Group, pointed out that while the new visa-free scheme is likely to ease travel, it alone would not suffice to boost revenue.…

  • Business NewsQ-Con’s land acquisition set to boost southern Thailand’s economy | Thaiger

    Q-Con’s land acquisition set to boost southern Thailand’s economy

    The Industrial Estate Authority of Thailand (IEAT) anticipates its recent land sale to Quality Construction Products Plc (Q-Con), a lightweight brick manufacturer, to bolster the increasing demand for bricks and endorse the government’s economic upliftment plan for the southern region. Situated in the Southern Region Industrial Estate, the 35-rai land was acquired by Q-Con, which had committed to a purchase…

  • Business NewsThai govt’s cash splash: 500 billion baht digital wallet green light | Thaiger

    Thai govt’s cash splash: 500 billion baht digital wallet green light

    With a budget proposal of 3.48 trillion baht (US$96.5 billion) for the fiscal year under discussion, the Government of Thailand is determined to proceed with a significant 500-billion-baht (US$13.8 billion) digital wallet handout scheme, according to Deputy Finance Minister, Julapun Amornvivat. During the parliamentary debate, Julapun stated the possible necessity of securing a loan via a bill to finance the…