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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Korean tour operators to partner with Phuket
PHUKET: Korean honorary consul Tossaporn Thepabutr recently warned local officials to prepare for an influx of Korean tourism operators coming to set up shop in Phuket. “More Korean company owners are looking at moving their operations to Phuket because of the floods in Bangkok. Phuket is considered much safer,” he said. “Many Korean businesses will join Thai operators to form…
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Wage hikes postponed for Phuket and others
PHUKET: The Cabinet has approved the postponement until April 1 of the controversial 300 baht daily minimum wage hike in Phuket, Bangkok, and five other provinces. The decision to postpone from the initial target of January 1 was made in light of the recent flooding, which has dealt a body blow to the manufacturing sector in much of the country.…
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Dewa Phuket wins 7 awards
PHUKET: Dewa Phuket, the boutique resort at Nai Yang beach, bagged seven awards at the ‘2011–2013 Hospitality Asia Platinum Awards’, or HAPA. The HAPA Southeast Asian regional ceremony, which took place on November 17 and 18 in Singapore, welcomed hospitality sector representatives from Thailand, Singapore, Indonesia, Malaysia, Vietnam, and the Philippines. Created by World Asia Publications in 2002, HAPA recognizes…
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Experts call for consistency with “Brand Phuket’
PHUKET: The Greater Phuket chapter of the American Chamber of Commerce (AMCHAM) last night held a meeting to discuss the history, evolution and future of “Brand Phuket”. Hosted at the Anantara Resort in Mai Khao, discussions of the island’s brand were fueled by inspirational presentations by marketing communications expert David Johnson and brand guru David Keen. Also in attendance were…
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THAI Phuket flights operating as usual
PHUKET: Thai Airways International (THAI) is still operating its full schedule of regular flights between Bangkok and Phuket – for now. An officer from the ‘Enterprise Communication Department’ of THAI, asking not to be named, told the Phuket Gazette, “I have yet to receive any news about reductions in flights to Phuket.” Her statement was in response to a report…
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Brazil targeted as new tourist source market for Phuket
PHUKET: Brazilians are among the latest target group of tourists to be lured to Phuket and the Andaman region. Speaking recently at a press conference for the Andaman Travel Trade 2011 exhibition, TAT Deputy Governor for International Marketing Juthaporn Rerngronasa highlighted the South American country as an expanding market for incoming tourism. There were 10 operators from Brazil at this…
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Luxury car imports into Phuket steady
PHUKET: Despite global economic turmoil, the luxury car import business continues to perform well in an expanding domestic market. Saksri Kerdphol, General Manager of Phuket’s premier foreign automobile dealer and servicer AutoExpress, speaks exclusively with the Gazette about foreign cars and the import market trends in Phuket.Phuket Gazette: How would you describe AutoExpress clients? Who is your main target group…
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Phuket Tourism Update: TAT mounts global push
PHUKET: The Thai Hotels Association (THA) and the Tourism Authority of Thailand (TAT) will kick off a global campaign in December to woo back tourists to Phuket and other destinations in the aftermath of the flood disaster.The campaign is set to run from December 15 until January 15, 2012, with THA members across the country, mostly three and four star…
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Phuket’s Andaman Travel Trade expo draws thousands
PHUKET: Thousands of visitors turned out for the opening day of the Andaman Travel Trade 2011 yesterday. The bustling event, held with the aim of linking tour operators with businesses throughout Thailand’s six provinces along the Andaman seaboard, continues today at the Convention Hall at Phuket Rajabhat University. Attending this year’s event are 302 tourism operators from 28 countries and…
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Khao Sok Organics coming to Phuket
PHUKET: The Australian Chamber of Commerce (AustCham) Sundowners business networking meeting returns to Phuket tonight at the Thanyapura, Phuket International Academy in Thalang. Keynote speaker will be Martin Smesters, managing director of Pura Organics, speaking on producing and using organic food products in Thailand. Pura Organics sources from a network of more than 40 organic suppliers and sources in Thailand.…
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Island View – Fighting for British pensions in Phuket’s paradise
PHUKET: Your signatures are needed to end the unfair frozen overseas pension policy of the British government. Some of you may not be aware that when a United Kingdom state pensioner retires to live abroad in certain countries their pension is frozen and they do not receive annual cost-of-living increases. There are over half a million of these pensioners affected…
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Phuket Lifestyle – jury is still out on litigation funding
PHUKET: One very exciting new asset class available to individual investors that I have been looking into is litigation funding. When I first heard about some notes attached to this I thought it sounded too good to be true and dismissed it, but as sometimes is the case, extraordinary opportunities can arise. The asset class is currently only accessible via…
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