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 Long-term life in Thailand? 5 reasons private health insurance pays off in the long run
Thailand is a great place for expats and retirees, offering a warm climate, affordable living, and rich culture. However, healthcare can be tricky for foreigners since they aren’t eligible for public health coverage, and private care can be expensive. Private...
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Finance: Building a larger stream of future income
PHUKET: I am often contacted by people without massive amounts of cash asking me what they can do to prepare for the future. Early in my career I tended to take the approach most people in the industry do, which is to focus on the rich and let everyone else know that you are sorry about not being able to…
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Feadship’s Asian market blooming
PHUKET: Well ahead of the incredibly successful inaugural Thailand Yacht Show (TYS), Feadship Royal Dutch Shipbuilders were making superyacht waves while expanding into the the Asian region. “At this moment, Feadship is building multiple yachts in different sizes and in different models for Asian and Asia-based clients. The product and the brand appeals to the most discerning yachtsmen in the…
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Finance: Will 2016 be the year of the bear?
PHUKET: There’s an old saying on Wall Street that might unnerve investors: “As goes January, so goes the year.” Unfortunately, January 2016 was a very bad opening for stock markets. In fact, it was one of the worst openings in one hundred years, as the Dow Jones industrial average fell about 5.5 per cent while NASDAQ fell almost eight per…
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Building a medical tourism hub
PHUKET: Phuket has the potential to become a leading regional hub for medical tourism, an industry that is well positioned for exponential growth primarily led by the demand for aesthetic treatments. Investment opportunities in medical facilities and premises are increasingly attractive amid the backdrop of a global economic slowdown. Despite the diminishing legacy market for ‘Gender Reassignment’ Surgery (GRS), more…
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Finance: Tech stocks are still dangerous
PHUKET: You would think the lessons learned in the dotcom bubble and subsequent crash would not be so quickly forgotten, but last year’s purchase by Facebook of the free smartphone app Whatsapp for 22 billion dollars was a very good reminder of how quickly we forget. There is no reason to put your life savings at risk with individual stocks…
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Business Buzz: How to master email marketing
PHUKET: Other than branding, one of the primary functions of social media marketing is to create a database of potential customers. But building the database is only the first step, so what do we do with it once we have it? I have previously discussed the importance and value of your database; now I am going to show you how…
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Finance: Understanding stop loss orders
PHUKET: With global stock markets off to a rough start this year, it’s time to take a closer look at stop loss orders and how they can help as well as hinder you from achieving your investment goals. So what exactly are stop loss orders? A stop loss, or simply a stop order, is an automatic trade placed in advance…
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Peeking behind Phuket’s lace veil
PHUKET: With its idyllic beaches and beautiful beachfront resorts, Phuket is not only a hub of tourist activity, but with Asean integration now a factor, it is also well on its way to becoming a key global economic player. One industry that has seen sustained growth in the past decade is wedding planning and luxury events management. Here is a…
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Asia Marine moves into motors
PHUKET: Asia Marine has been building, selling, chartering and managing yachts in Phuket for more than 25 years, and was voted ‘Best Asia based Yacht Charter Agent’ in the 2007 Asian Boating Awards. In December last year, Asia Marine CEO Vincent Tabuteau took the company in a new direction by joining forces with Frenchman Eric Noyel, founder of Asia Marine…
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Galileo Maritime Academy sends ambassadors to TYS
PHUKET: Thalang’s Galileo Maritime Academy is shining at the first-ever Thailand Yacht Show. Founded in 2012 by Brian Murray, a career chief engineer in the British Royal Navy and a superyacht captain for 30 years, Galileo offers courses that combine skill sets from the hospitality trade to the skills needed for working as superyacht crew. “The Thailand Yacht Show is…
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Battling boat show inertia
PHUKET: In a region already swamped with boat shows, the development of a new show has not been an easy undertaking, admitted Andy Treadwell, managing director of 3L Events, organizers of the Thailand Yacht Show (TYS) 2016 as well as the Singapore Yacht Show. The biggest problem with launching such a show is convincing the industry that you know what…
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Aussies tackle unidentified medical patient quagmire in Phuket, Bali
PHUKET: Australian-based company IDTracker was launched to tackle the frightening number of unidentified foreign patients arriving unconscious or incoherent at Phuket hospitals. The company’s simple, durable wrist bands provide a unique emergency identification code number that is linked to the wearer’s secure on line profile and can be used by medical staff to access insurance details, emergency contacts, medical history…
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Finance: Fancy a punt in the semiconductor market?
PHUKET: The semiconductor industry helps drive technological progress and yet many semiconductor stocks have lagged the performance of the broader technology sector recently. However, small cap MaxLinear, Inc (NYSE: MXL) is an exception as shares are up 134 per cent from the start of 2015 to November, plus shares rallied close to 28 per cent after the company reported third…
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Lee Marine brings big names to Thailand Yacht Show
PHUKET: Lee Marine International Marine Brokerage’s re-investments continue in Phuket with the main focus being to better serve the many yacht enthusiasts who see their future on board any of the yachts represented by our firm, explained Josh Lee, founder and CEO of the company. The strength of their business success combines a wide product range with an experienced, dependable…
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Finance: Rethinking the Big Mac Index for baht
PHUKET: The Big Mac Index has just been released for the year. The index was invented by The Economist as a lighthearted guide to whether currencies were currently undervalued or overvalued. Since I am always being asked my opinion on the baht, I thought this might be a good time to address the issue. The index is meant to be…
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Phuket Lighthouse Market back by popular demand
PHUKET: Building on its success last year, the Boat Lagoon Lighthouse Market is preparing to launch a redesigned layout at its venue as it continue to provide island exposure for local vendors and big-name luxury goods dealers. “We want to create an outdoor theater concept. Something similar to ‘theater in the park’ or ‘cinema in the park’, which are both…
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Business Buzz: How much is a “like’ worth?
PHUKET: A ‘like’ is a measure on Facebook of how popular a page or a post is with other Facebook users. Someone recently asked me what a ‘like’ on Facebook was worth to a business. It started me thinking, could an actual value be placed on a ‘like’? The answer of course is yes, but for each business this value…
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Finance: The ‘not so sexy’ New Year’s resolution
PHUKET: Many people like to make New Year’s resolutions, and the most common ones tend to deal with health. Sadly, most people do not stick with their resolutions for very long, and I will get to one of the main reasons for this in a bit, as well as how to avoid falling into this trap. But let’s consider a…
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Business Buzz: Get off to an online start
PHUKET: Welcome to Business Buzz 2016! This year we have moved to a monthly format so that we can cover the topics we want in more depth and provide you with more useful information. By now you will have made (and hopefully not broken) your new year’s resolutions. It is generally a pretty safe assumption that people with an entrepreneurial…
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Finance: Keep calm, and invest on
PHUKET: Stock market corrections don’t come often, but when they do, they tend to come on fast and cause investors (along with the media) to panic. After all, it’s not uncommon to experience a double digit portfolio loss in a matter of weeks, or even over the course of just a few trading days. However, taking the following things into…
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Quattro Design showroom to reach AEC market
PHUKET: The dynamic duo behind Quattro Design, one of Thailand’s top importers and designers of exclusive furniture, have high hopes for the New Year as they open a showroom at Phuket’s Boat Avenue in Cherngtalay early next month. “Now is the time for us to open the showroom in Phuket, as the Asian Economic Community takes effect next year, which…
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Finance: Never too old for insurance
PHUKET: If you read my articles regularly, you have probably noticed I don’t spend much time writing about health insurance. It is not the most exciting topic, and for many of Phuket’s aging expat population getting covered at all is not really an option once they reach a certain age. Also, the cost of local international hospitals used to be…
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Hospitality insider Bill Barnett launches ‘Slave to the Bean’
PHUKET: One of Asia’s leading hospitality experts, Bill Barnett, shines a light on the good, bad and ugly of luxury hotels and travel in his acerbic new collection of twisted travel tales, Slave to the Bean: Random Dispatches from the Inferno, which was launched on December 18 at the Bangkok boutique hotel, Ad Lib. Bill Barnett launched his new book…
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Community at the core of success for Natthakanya ‘Apple’ Saengpho
PHUKET: It’s been a stellar year – and then some – for Natthakanya ‘Apple’ Saengpho, CEO of the Paradise Group. Andara Signature – the latest project from Andamandara Development, the company she runs with Dr Allan Zeman – won best Phuket villa development, best Thailand villa development, best residential architectural design and best landscape architectural design at the Thailand Property…
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Finance: Market crash or merely correction?
PHUKET: The recent market volatility and media hype surrounding it may have you panicking that another stock market crash (or bear market) is coming. After all, there are serious geopolitical and economic concerns ranging from a migrant crisis in Europe, to Putin on the march in Eastern Europe and Syria, to concerns about the overall health of the Chinese economy…
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China base rakes in FIT market for Phuket
PHUKET: It is easy to get caught up with how the hospitality industry in Phuket should adjust to a shift in source markets toward a dependency on China. But what is forgotten is that it’s not just Phuket – it’s a worldwide phenomenon that requires the industry to adopt new marketing strategies and platforms. “Chinese outbound travel is a key…
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Business Buzz: Local customers key to successful business
PHUKET: One of the common mistakes a business can make in a location like Phuket is to forget who is really important. In a holiday location it is very easy to focus on the tourist market, because the perception is they are the ones who are here spending without a care in the world and that there is an endless…
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Finance: Reduce risks while playing market
PHUKET: I am asked all the time, by those who know I am patiently waiting for the next crash to re-enter equity markets, if there is some way they can participate now while reducing downside risk. If we are talking about funds that will need to be liquidated any time within the next five or ten years, I would say…
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Finance: Is Priceline right for your portfolio?
PHUKET: Growth stocks can power your portfolio to new highs, with one such stock being the Priceline Group Inc (NASDAQ: PCLN), which can also double as your one-stop online destination to serve all of your travel needs. Priceline.com is the Priceline Group’s flagship hotel and airline travel site, with the company’s other brands including Agoda.com, Booking.com, Kayak.com, Rentalcars.com and OpenTable.com…
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Staying afloat in a niche market
PHUKET: Business that are called ‘labors of love’ are referred to this way because the profit margins, if any, don’t justify the investment. Nonetheless, these business – often small retailers – are the building blocks of unique communities. So is the case with Longtail Paddlesurf Co Ltd. Though the sport of standup paddleboarding (SUP) is still in its infancy in…
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