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.
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Sponsored Thailand health insurance that covers chronic conditions: What expats need to know
The Thaiger key takeaways Managing chronic conditions in Thailand requires health insurance that covers specialist visits, medications, tests, and hospital stays. Cigna offers high-coverage plans with access to top hospitals, direct billing, and telemedicine support for convenient long-term care. Expats...
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Young Thais drive fashion and beauty boom in local market
A nationwide survey found Thai consumers still favour local food and drink, while younger shoppers are driving growth in beauty and fashion products. The nationwide poll, carried out in August by the Trade Policy and Strategy Office (TPSO), gathered responses from more than 5,400 people across income groups and regions. It found that food and beverages remain the most popular…
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Thai rice steals the show at Australia food expo
Thai rice gained fresh recognition in Australia after a government campaign at a major Sydney food expo drew thousands of visitors and strong consumer interest. The event, held in Sydney from September 8 to 11, attracted more than 2,000 visitors to the Thai booth, where the spotlight was firmly on Hom Mali rice. According to Department of Foreign Trade (DFT)…
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Thailand finance chief vows to steady baht, probe gold trade
Thailand’s incoming finance minister pledged to work with the central bank to stabilise the baht and investigate irregular capital flows and gold trading. Ekniti Nitithanprapas, who is set to take office as finance minister, made the pledge after Prime Minister Anutin Charnvirakul met with Thai Chamber of Commerce chairperson Poj Aramwattananont yesterday, September 18. Ekniti said he had already begun…
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Shopee shatters records with 9.9 shopping spree frenzy
Online shopping platform Shopee celebrated the 10th anniversary of its 9.9 campaign with record-breaking sales, as Thai shoppers placed over 1 million orders within minutes of launch. According to Kongkrit Lawlertratana, head of marketing commercial at Shopee Thailand, shoppers placed over one million orders within just 30 minutes of the campaign launch on September 9. “The 9.9 campaign highlighted the…
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XRP and BTC holders in Thailand are earning daily income with Invro Mining
Thailand’s growing interest in cryptocurrency is no secret; from Bangkok to Chiang Mai, crypto holders, gamers, and freelancers are seeking new ways to accumulate wealth beyond traditional methods. But there’s a catch: traditional crypto mining is expensive, noisy, and downright complicated. Invro Mining, a UK-based cloud mining company, offers global mining services, allowing you to mine cryptocurrency without a mining…
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IKEA Thailand cuts prices, targets hotels and SMEs
IKEA Thailand, part of the Swedish home furnishing company, is addressing economic difficulties by reducing prices and launching the IKEA for Business programme. This initiative targets growing demand from hotels, offices, property developers, and small and medium-sized enterprises (SMEs). Leonie Hoskin, retail manager for IKEA Thailand and Vietnam, noted that fiscal 2025 (September 2024 to August 2025) was challenging due…
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SCB cuts branches and staff as AI reshapes Thai banking
Siam Commercial Bank (SCB) is restructuring its retail operations in response to rising household debt and the growing dominance of artificial intelligence (AI) in the financial sector. Since May, SCB has reorganised its retail segment into a new consumer banking division, covering branches, retail services, and employees. Chief Executive Kris Chantanotoke said the shift reflects customer preferences and the steady…
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Esports vs traditional sports – what links them and some key differences
Over the past decade, eSports has shifted from niche corners of the internet to the main stage of global entertainment. Many traditional sports continue to hold massive audiences alongside the new era of esports. Put them side by side – the similarities can be surprising, even if the playing fields are very different. There is even the crossover of esports…
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Grab backs Thai co-payment scheme to boost food sector
Food delivery companies have voiced support for a government plan to revive a co-payment scheme aimed at boosting restaurant sales and the wider economy. Industry leaders say the programme, previously credited with boosting small restaurant sales by up to five times, could offer vital relief as the economy slows. Chantsuda Thananitayaudom, managing director of Grab Thailand, confirmed the company’s full…
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Why Thailand’s eSports went mobile first
Thailand’s eSports map flipped faster than a lobby countdown. Once, PC cafés set the meta with MOBA marathons and tactical shooters. Now, queues form on buses and in food courts, where phones run full tournaments and scrims between classes or shifts. The shift wasn’t only about specs. It was about rhythm. Daily life in Bangkok and provincial hubs rewards short,…
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Tourism chiefs demand cash coupons for foreign visitors
Tourism leaders are urging the new minister to launch urgent spending incentives for foreign visitors to boost travel and prepare for the upcoming low season. Ratchaporn Poolsawadee, vice president of the Tourism Council of Thailand, is pushing the new tourism minister to act fast with competitive measures such as travel cash vouchers for international tourists. The proposal mirrors successful programmes…
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Thailand warned clean energy gap could deter data centre boom
Thailand’s digital dreams could stall as investors warn the nation’s patchy clean energy supply risks scaring off billion-baht data centre projects. Thailand risks losing out on major digital economy investments unless it strengthens its clean energy supply, according to Gunkul Engineering, a leading renewable energy developer. Chief executive Naruechon Dhumrongpiyawut said that data centres, artificial intelligence firms, electric vehicles, and…
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Thai Airways anticipates strong fourth quarter with rising demand
Thai Airways (THAI) anticipates a robust fourth quarter, with a load factor exceeding 80%, driven by both international demand and Thai tourists favouring Asian destinations. China and Japan have consistently attracted travellers throughout the year. Kittiphong Sansomboon, THAI Chief Commercial Officer, said that a strong baht and the visa-free programme have increased Thai tourists visiting Asian locations. During peak travel…
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Bangkok hotels face crunch as occupancy rates tumble
Bangkok’s hotel industry is heading into a storm in the second half of this year, with falling occupancy rates, soaring competition and a sharp drop in Chinese arrivals casting a shadow over the capital’s hospitality market. A report by Knight Frank Chartered (Thailand) revealed that average occupancy slipped by 3.7% to 75.1% in the first half of this year, while…
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Thailand eyes VAT hike to boost tax revenue by 600 billion baht
Thailand’s government needs to increase tax revenue by 600 billion baht as current levels lag behind those of comparable economies, according to caretaker Finance Minister Pichai Chunhavajira. State tax revenue currently represents 15% of GDP, which is three percentage points lower than nations with similar economies. During the Fiscal Policy Office’s annual seminar themed Fiscal Transformation, Pichai noted that the…
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Nok Air ordered to halt international flights over safety
The Civil Aviation Authority of Thailand (CAAT) has directed Nok Air to pause its international flight operations and halt route expansion due to safety concerns. The airline, however, clarified that an issue with an aircraft engine has already been addressed by replacing it. Currently, Nok Air is not conducting international flights due to the low travel season. During peak times,…
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Vietjet turbocharges fleet with new Boeing jets and routes
Budget airline Vietjet Thailand is gearing up for a massive fleet expansion, rolling out new aircraft and routes in a bold bid to challenge rivals and scoop up millions more passengers. Chief Executive Woranate Laprabang confirmed the airline will acquire nine new Boeing 737-8 jets this year, moving towards a full Boeing fleet within five years. The switch will give…
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Trip.com touts AI future at Forbes Thailand forum
Adopting artificial intelligence (AI) and swiftly responding to consumer demand are crucial for success in the evolving travel sector, according to the online travel agent Trip.com. Trip.com Group Vice-President Edison Chen noted that a decade ago, the potential of AI to improve efficiency in customer service and itinerary planning was unforeseen. During his address at Forbes Thailand: The Next Tycoons…
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Hotel wars: Dusit Thani heir vows to block family power grab
Dusit Thani has been plunged into a bitter family feud, with its acting chairperson warning of an outsider takeover and vowing: “I will never abandon Dusit Thani.” Chanin Donavanik, acting chairperson of Dusit Thani Plc and a descendant of founder Thanpuying Chanut Piyaoui, broke his silence today, August 27, addressing a boardroom showdown with his two sisters, Sinee Thienprasiddhi and Sunong…
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Thailand eyes 5 million Malaysian tourists amid China competition
Malaysia’s tourist target for this year has been adjusted to 5 million, mirroring the figures from 2024, yet this market might achieve a similar number of arrivals as China, remaining unaffected by the border province conditions. Patsee Permvongsenee, the executive director for the ASEAN, South Asia, and South Pacific region at the Tourism Authority of Thailand (TAT), noted optimism for…
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Thailand’s retirement lottery launches with new payment options
Why just save for retirement when you can win your way there? Thailand’s new lottery is making it possible. Deputy Finance Minister Paopoom Rojanasakul has confirmed that sales for the highly anticipated retirement lottery will kick off in the fourth quarter of this year, offering weekly cash prizes while promoting long-term savings. Paopoom referred to the legal green light already…
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Cambodian labour exodus sparks robot rush in Thai factories
Thailand’s factories are facing a labour crunch, and robots may soon be clocking in. A drop in Cambodian workers due to a simmering territorial dispute has forced Thai manufacturers to hurry automation plans, according to the Federation of Thai Industries (FTI). The exodus of Cambodian labourers has hit sectors such as construction and agribusiness, where low-cost, manual labour is essential.…
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Thai hotel group sues over 400 baht wage hike challenge
The Thai Hotels Association (THA) is planning to file a lawsuit against the tripartite wage committee in the Administrative Court, aiming to challenge the 400 baht minimum wage increase, which it argues burdens hotels in secondary tourism areas. THA president Thienprasit Chaiyapatranun stated that the association’s committee has already agreed to proceed with the legal action, pending a consensus from…
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Thai interest rate cut fuels stock market surge
Thailand’s stock market has been handed a shot of adrenaline after the Bank of Thailand (BoT) slashed its policy rate by 25 basis points to 1.50%, a move analysts say could send the SET index surging to 1,370 points by the year’s end. Market watchers hailed the rate cut as the start of “a policy-led re-rating phase” that will redirect…
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Thailand launches world-first crypto tourist pay scheme
Thailand has thrown open the doors to a digital revolution in tourism, unveiling the world’s first system allowing foreign visitors to convert cryptocurrency into Thai baht for everyday purchases—from pad thai stalls to 7-Eleven counters. The pilot project, called TouristDigiPay, launched yesterday, August 18, under the watch of Deputy Prime Minister and Finance Minister Pichai Chunhavajira. Unlike crypto-payment models abroad,…
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Bitcoin prices hit new highs, Invro Mining helps fuel Thailand’s cloud mining revolution and earn BTC
Bitcoin has officially crossed the historic $120,000 threshold, sparking a wave of excitement across Thailand’s already thriving crypto scene. As the digital asset market grows hotter, many investors are stepping away from high-risk trading and instead embracing cloud mining — a safer, more predictable way to generate daily cryptocurrency income without the complexity of managing mining hardware. One name stands…
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Key strategies for successful gold trading in 2025
Gold trading for 2025 holds both opportunities and challenges for market participants. As one of the most actively traded commodities globally, the popularity of gold transcends its traditional role as a store of value. It has also been a highly reactive asset, responding to changes in the global economy, the actions of the central banks, geopolitical happenings, and sentiment among investors.…
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Thailand online platforms that blend fun, freedom, and functionality
Thailand is home to a growing array of online platforms that combine entertainment, convenience, and the freedom to access top-notch services from anywhere. Whether you’re looking for online gambling options, digital entertainment, or a way to engage with the latest trends, these platforms cater to diverse interests and needs. From sports betting to live casinos, and streaming services, the Thai…
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Thai Airways soars with 12 billion baht profit in Q2
Thai Airways (THAI) is flying high again, racking up a staggering profit of more than 12 billion baht in the second quarter of 2025, fuelled by cheaper jet fuel and strong passenger growth. The flag carrier and its subsidiaries reported revenue of 44.83 billion baht (excluding one-time items) for the quarter, up 1.9% on last year. Passenger numbers climbed 4.2%…
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Tough times hit Thai cinema as viewers cut back
Box office blues could be looming for Thai cinemas as cash-strapped moviegoers become pickier about what’s worth their ticket money. That’s the concern from top Thai studio GDH 559 Co Ltd Content Director Thodsapon Thiptinnakorn, who said the sluggish economy is making audiences more selective—possibly reducing their cinema visits from several times a month to just once. “Viewers may think…
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