Business News
Thailand business news, market trends, foreign investment, and economic updates—stay informed on stock market movements, entrepreneurship, and key developments shaping the economy. Get the latest from The Thaiger, your trusted source for business news in Thailand.
-
Sponsored 9 most common health issues covered by insurance for expats in Thailand
Thailand is a popular destination for expats due to its affordable lifestyle and excellent healthcare system. However, settling in a new country often brings health concerns. To ensure you’re covered for the most common medical needs, understanding what expat health...
-
Thailand Post ends talks with Chinese firm over joint venture
Thailand Post, a state-run logistics enterprise, has terminated year-long negotiations with a Chinese logistics firm over a joint venture that failed to deliver anticipated benefits. The discussions aimed to boost Thailand Post’s logistics volume between the two markets, influenced by the prevalence of Chinese products in the local e-commerce sector. Thailand Post President Dhanant Subhadrabandhu stated that the joint venture…
-
Thailand and Bangladesh to advance free trade agreement talks
Previously, on May 8, Thai Commerce Minister Pichai Naripthaphan met Bangladeshi Ambassador Fayaz Murshid Kazi to discuss advancing free trade agreement (FTA) negotiations between the two nations. Following a joint declaration of intent, senior officials will engage in online discussions to outline expectations and scope, aiming to formally initiate negotiations this year. Thailand has expressed its support for Bangladesh, the…
-
Thailand and Australia boost trade ties amid new vehicle standards
Thailand and Australia are working to enhance sustainable and stable regional trade, aiming to boost the value of automotive exports and maintain Thailand’s status as Australia’s leading exporter of pickup trucks. Commerce Minister Pichai Naripthaphan discussed these objectives after meeting with Australian Ambassador Angela Macdonald at her Bangkok residence on May 7. A significant topic addressed was Australia’s New Vehicle…
-
Thai stock market rebounds despite US tariffs and global volatility
Last month, the Stock Exchange of Thailand (SET) experienced volatility during the long holiday period. Before the Songkran festival, the SET was significantly impacted by US President Donald Trump’s tariff announcements, reaching a low of 1,056.41 points early in the month. The tariff news affected global stock markets; however, the gold price rose to over US$3,300 (approximately 113,190 baht) per…
-
Thailand’s solar rooftop market to see growth amid falling prices
The solar rooftop market in Thailand is poised for increased competition, driven by decreasing prices, a rise in supply from manufacturers, and government initiatives to promote renewable energy. EnergyLIB, a solar energy solutions provider, has introduced a solar system for townhouses, while a consortium including German cable manufacturer Lapp Holding Asia, Hong Kong-based industrial conglomerate Jebsen and Jessen Group, and…
-
Thailand boosts fruit distribution to counter declining prices
The Thai Commerce Ministry is tackling the issue of declining fruit prices by accelerating the distribution of 950,000 tonnes of produce both within Thailand and abroad. Commerce Minister Pichai Naripthaphan stated that the ministry is collaborating with various organisations to manage the surplus of fruit through measures encompassing production, marketing, export, processing, and trade facilitation. The aim is to distribute…
-
Bitcoin tipped to smash US$100k as crypto bulls charge ahead
Bitcoin is gearing up for a six-figure breakout, with crypto watchers boldly predicting the world’s biggest digital coin could hit a jaw-dropping US$100,000, even as the US central bank holds fire on interest rate cuts. Despite the Federal Open Market Committee (FOMC) likely keeping rates steady this week, optimism is soaring among investors, thanks to heavyweight institutions snapping up spot…
-
BoT tipped to slice interest rates as inflation and exports wobble
Thailand’s top money men are sharpening their scissors, with experts betting the Bank of Thailand (BoT) will slash interest rates at least twice more this year to prop up the faltering economy, rocked by a US trade war and dwindling tourist numbers. In a shock twist, April saw the consumer price index (CPI) shrink by 0.22%, the first drop in…
-
Thailand to ease foreign business rules, boosting investment appeal
The Commerce Ministry intends to streamline business registration by excluding 10 service businesses from List 3 of the Foreign Business Act. This move aims to boost investment within the nation. Auramon Supthaweethum, the Director-General of the Department of Business Development (DBD), indicated that the ministry evaluated the service businesses on List 3 to adapt to evolving economic conditions. List 3…
-
Thailand hotel prices soar, low season sparks price war fears
Room rates experienced a significant rise during the recent tourism High Season, drawing criticism from travellers who perceived Thai hotels as more costly than those in neighbouring countries. As the low season now takes hold, some hoteliers express concerns over potential price wars due to reduced arrivals. Thienprasit Chaiyapatranun, the president of the Thai Hotels Association (THA), reported that the…
-
Thailand mulls motorcycle cut amid China slowdown, US tariff fears
The Federation of Thai Industries (FTI) is contemplating a reduction in Thailand’s motorcycle manufacturing target, despite an increase in production in the first quarter of this year. The decision arises from a sluggish domestic economy, decreased foreign tourist arrivals, especially from China, and uncertainties linked to US President Donald Trump’s tariffs. Surapong Paisitpatanapong, vice-chairman of the FTI and spokesperson for…
-
US tariffs force Thailand to cut growth forecast to 2.1%
The Ministry of Finance has revised its forecast for Thailand’s economic growth this year to 2.1%, down from the previous 3%, citing the impact of US tariffs and a global economic slowdown on Southeast Asia’s second-largest economy. Pornchai Thiraveja, director-general of the Fiscal Policy Office, indicated that if the US imposes a 10% tariff on Thai imports instead of the…
-
Late shift on Thailand’s stock market clock as SET goes global
Thailand’s stock market is pulling a night shift, with extended hours letting investors chase Wall Street and European giants well into the wee hours, starting May 6. The Stock Exchange of Thailand (SET) is throwing open its doors around the clock for global investment, with new trading hours for depositary receipts (DRs) linked to US and European securities launching this…
-
Trumped up trouble puts brakes on Thailand’s car industry
Thailand’s car industry is veering off course, with annual production now expected to skid below target thanks to Washington’s punishing tariffs and a domestic market bogged down by debt and rejected loans. Thailand’s automotive engine is spluttering, with the Federation of Thai Industries (FTI) warning that this year’s car production is set to fall short of its 1.5 million-unit goal,…
-
Phuket Airport soars as Russians jet in while China jets off
Phuket Airport is flying high despite a sharp drop in Chinese tourists, with Russian and Turkish travellers stepping in to keep the island’s tourism industry cruising toward a record-breaking 18 million passengers this year. Phuket International Airport is on course to welcome a whopping 18 million passengers in 2025, even as the number of Chinese arrivals nosedives, according to airport…
-
Rate expectations: BoT tipped to slash interest rates
Thailand’s top bankers are bracing for a financial shake-up, with the central bank set to cut interest rates this week as economic headwinds from abroad leave growth floundering. The Bank of Thailand (BoT) is widely expected to trim its key policy rate by 0.25 percentage points tomorrow, April 30, as the kingdom battles a growing storm of economic setbacks. Kasikorn…
-
Thailand plans new economic zones up north
Prime Minister Paetongtarn Shinawatra is anticipated to consider a proposal to establish new economic zones in the north and northeast of Thailand, aiming to bolster regional economies distant from the heavily promoted Eastern Economic Corridor (EEC). The initiative was proposed by a House of Representatives extraordinary committee following a study of special economic development zones in these regions. Tachaphol Kanjanakul,…
-
US targets Thai exports for strict origin checks amid trade concerns
The United States has identified 50 to 60 Thai products for stringent origin verification to prevent circumvention of trade regulations through false origin claims for exports to the US, as stated by Finance Minister Pichai Chunhavajira. He noted that the US is focusing on the issuance of certificates of origin (C/O) to prevent misuse of trade privileges granted to Thailand,…
-
How Thailand data centre investment improves tech infrastructure in the country
A well-matured and properly maintained data centre operation helps support and improve Thailand’s tech infrastructure, but this can only be achieved with the right kind of continued investment. With that said, let’s dive straight in and take a closer look at how continued investment in data centres in Thailand improves the country’s tech infrastructure. What are data centres, and why…
-
Thai Airways partners with KMC to convert Boeing 777-300ERs
Thai Airways has signed a Memorandum of Inderstanding (MOU) with Kansas Modification Center, LLC (KMC) to establish a joint venture for converting Boeing 777-300ER passenger aircraft into freighters. The agreement, signed yesterday, April 25, by Thai Airways CEO Chai Eamsiri and KMC CEO James Allen Gibbs at Thai Airways’ headquarters on Vibhavadi Rangsit Road, marks a significant milestone for both…
-
Thai and mighty: Exports soar to 3-year high despite tariff troubles
Thai exports are firing on all cylinders, with shipments rocketing to their highest level in three years, defying fears over punishing US tariffs and giving the economy a hefty shot in the arm. Thai exports surged for the ninth straight month in March, jumping 17.8% year-on-year to a record-breaking US$29.5 billion, or around 1 trillion baht, according to the Commerce Ministry.…
-
Political hurdles threaten Thailand’s casino legislation
Thailand’s bold proposal to legalise integrated casino resorts is facing growing resistance from both political circles and the public. The Entertainment Complex Bill, which aims to establish five destination resorts across key tourist hubs, has been delayed due to internal disagreements within the ruling coalition and protests from opposition parties. If the bill passes, many Thai players would be able…
-
Thailand’s war on cyber fraud gets a major upgrade
Thailand is beefing up its fight against online scams in a big way — and it’s coming for the fraudsters faster than ever. The Ministry of Digital Economy and Society (DES) is set to transform its Anti-Online Scam Operation Centre into a fully-fledged department, following the implementation of a powerful new emergency decree that came into effect on April 13.…
-
Chinese tourists favour Vietnam over Thailand amid rising costs
Thailand has fallen behind Vietnam as the most-visited Southeast Asian destination for Chinese tourists in the first quarter. The Association of Thai Travel Agents (ATTA) subsequently urged the government to lower travel costs, which are currently 30% higher than Vietnam’s, and enhance Thailand’s appeal with new attractions. The Tourism and Sports Ministry recorded 1.3 million Chinese visitors to Thailand during…
-
Baht to the future! Kucoin crashes into Thailand’s crypto scene
Thailand’s red-hot cryptocurrency scene is bracing for a fresh wave of competition as ERX Company Ltd teams up with global crypto giant KuCoin, unveiling a bold rebrand and a brand-new exchange platform. From April 22, the newly christened KuCoin Thailand will go live, offering a full suite of digital tokens and crypto products. KuCoin, headquartered in the Seychelles, is one…
-
Miss Universe strips Thai beauty pageant of title after controversy
Thailand’s beauty pageant scene has been rocked by a shocking decision from the Miss Universe Organisation, which has officially stripped Suchata “Opal” Chuangsri of her third runner-up title following her participation in the Miss World Thailand event. The controversy began when Opal appeared at a business announcement for the Miss World 2025 competition, violating her contract by participating in another…
-
Foodpanda to bow out of Thailand next month
Foodpanda announced it will cease operations in Thailand, with the delivery giant confirming that its services will end on May 23. The shocking decision marks the end of an era for the popular food delivery platform, which has served millions of Thai customers since its launch. In a statement released today, April 23, via their official fan page, Foodpanda Thailand…
-
Thailand urges stores to keep pork prices stable amid shortage
The Department of Internal Trade (DIT) urges retail and wholesale stores to maintain stable pork prices despite recent supply-driven increases. Wittayakorn Maneenetr, DIT Director General, stated that consultations with the Department of Livestock Development and the Swine Raisers Association of Thailand have highlighted a reduced availability of pigs. Approximately 60,000 pigs are supplied daily, sufficient for domestic needs. The recent…
-
Watts the problem? Energy chiefs say green shift won’t shock you
Energy chiefs have poured cold water on claims that Thailand’s push for more renewable power will leave households with shocking bills, insisting the green move will actually save billions in the long run. Claims that new power purchase agreements (PPAs) under the government’s 5.2-gigawatt renewable energy scheme would send electricity bills soaring have been firmly rejected by top energy officials.…
-
Storm brewing! Nestlé goes full bean ahead in Thai coffee clash
Swiss food giant Nestlé is stirring the pot in Thailand’s coffee scene, vowing to go head-to-head with the powerful Mahagitsiri clan as it brews plans for its own production plant, all while riding out a bitter legal spat. Nestlé is digging in its heels amid a fiery legal feud with the Mahagitsiri family, pushing ahead with ambitions to establish its…
Don't forget to check out some other things to do in Thailand - get help starting a business or finding a job in Thailand, buy Thailand property, rent a yacht or book a medical procedure worldwide.