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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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…
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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…
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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…
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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,…
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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…
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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,…
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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,…
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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…
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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.…
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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.…
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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…
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Commerce Ministry targets foreign nominees in 6 sectors
The Commerce Ministry has updated its nominee inspection strategy, focusing on six high-risk sectors. Auramon Supthaweethum, Director General of the Department of Business Development (DBD), stated that the agency is intensifying investigations into businesses suspected of using Thai nationals as nominees to conceal foreign ownership. This initiative aims to address the issue of foreign-operated nominee businesses that affect investor confidence…
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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…
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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…
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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…
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Great wall of silence: Chinese tourists ditch Thailand in travel drought
Thailand’s once-booming Chinese tourism stream has turned into a trickle, with industry chiefs warning of a full-blown crisis as daily arrivals plunge to record lows and desperate calls mount for an urgent fix to restore trust. Chinese tourist arrivals to Thailand have nosedived to their lowest point in 2025, with just 5,833 visitors recorded on April 16, a far cry…
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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…
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Thai rice exports drop 30% as Vietnam overtakes in global market
Thai rice exports have seen a significant 30% decline in the first quarter, raising concerns as Vietnam overtakes Thailand to become the world’s second-largest rice exporter. Chookiat Ophaswongse, honorary president of the Thai Rice Exporters Association, reported that during the first quarter this year, Thailand exported 2.1 million tonnes of milled rice, a drop from the same period last year.…
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Solar flare-up! US tariffs scorch Thai imports in fiery trade row
A blistering tariff bombshell from Washington has lit a fire under Southeast Asia’s solar imports, with Thailand among the hardest hit, as the United States slaps sky-high duties of up to 3,521% on imports, claiming unfair competition from Asian suppliers. The US has launched a full-scale trade crackdown on solar imports from Thailand, Vietnam, Malaysia, and Cambodia, slapping colossal new…
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Krabi under the table! Bribery storm rocks paradise parks
Tourism bosses in Krabi are demanding answers after bombshell bribery claims surfaced against park officials accused of pocketing cash from dodgy tour operators, sparking fears the scandal could tarnish Thailand’s tropical crown jewel. Krabi Tourism Association called for a full-blown investigation into explosive allegations that national park officials have been taking bribes from tour companies, claims that have gone viral…
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Chiang Mai hotels thrive during Songkran with strategic pricing
Hotels in Chiang Mai experienced a strong performance during the Songkran holiday, despite offering lower room rates compared to the previous year. The pricing strategy was aimed at attracting last-minute domestic travellers, whose confidence was affected by last month’s earthquake. Paisarn Sukjarean, President of the Thai Hotels Association’s upper northern chapter, indicated that many Thais remained unsettled by the earthquake…
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Bank of Thailand seeks new governor as Sethaput’s term ends
The Ministry of Finance has initiated the process to select a new governor for the Bank of Thailand (BoT), as Sethaput Suthiwartnarueput’s five-year term concludes on September 30. A selection committee, led by former Finance Permanent Secretary Sathit Limpongpan, will soon convene to establish candidate requirements and the application timeline, according to ministry spokesperson Pornchai Thiraveja. Under Thai law, the…
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License to bill: Thailand gives green light to trio of virtual banks
Thailand’s financial future is getting a digital upgrade, with three new virtual banks set to get the green light by June 19, the Finance Ministry has confirmed. In a bold move to modernise banking and boost financial inclusion, the Bank of Thailand has already shortlisted three candidates from a pool of five heavyweight consortiums. The final list of approved operators…
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Geely does it: Chinese EV giant shifts gears with Thai expansion
A Chinese electric carmaker is ready to spark up Thailand’s electric vehicle (EV) scene, with big plans, bold investments and a battery-powered push to win over local drivers. Geely, one of China’s top EV brands, is plugging into Thailand in a big way, with its local distributor, Thonburi Neustern Co, unveiling ambitious plans to supercharge the brand’s presence in the…
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Nestlé fights Thai court ban on Nescafé in bitter legal row
Thailand’s coffee kingpin is caught in a legal grind, and your morning cup of Nescafé could be at risk. Nestlé, the global food and beverage giant behind the iconic brand, is fighting back after a Thai court slapped a temporary ban on the production, sale, and importation of Nescafé products in the country. The high-stakes case pits Nestlé against its…
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Protecting your bets: password hygiene and account management
Online betting continues to grow in Thailand. With more people using mobile apps, protecting personal accounts becomes essential. Most users store payment information, history, and login data on their phones. If this data gets exposed, the consequences can be serious. Strong password practices play a big role in securing betting accounts. Many users now use multiple platforms to place bets,…
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Thailand boosts green industry with World Bank project
Efforts are underway to enhance carbon data management in Thailand’s industry to boost investment in the Map Ta Phut sandbox, a collaborative project between the World Bank and the Industrial Estate Authority of Thailand (IEAT). This initiative aims to reduce carbon dioxide emissions and support factory operators in Rayong’s Map Ta Phut Industrial Estate in transitioning to businesses based on…
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Thai and mighty! Thailand leapfrogs Malaysia in global rankings
Thailand may have outpaced Malaysia in a key global competitiveness ranking for the first time in a decade but experts warn the shine may not last as structural issues, budget cuts, and a lack of long-term vision continue to hold the kingdom back. Thailand has climbed to second place in Southeast Asia in the IMD World Competitiveness Centre’s global rankings,…
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Thailand’s flower power: a splash of life and tradition
Thailand’s a place that grabs you—steamy air, spicy street food, and then there’s the flowers. Walk through any market, and you’ll see orchids spilling over tables, lotus buds bobbing in water, jasmine tucked into garlands. They’re not just there to look nice; they’re part of what makes Thailand tick. I’ve watched vendors weave them into offerings and kids hawk them…
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Byte-sized bounce: Thai digital sector plugs back into confidence
Thailand’s digital sector has shown signs of life, climbing out of the red and back into confidence territory this year, thanks to artificial intelligence (AI) hype, economic boosters, and a softer policy rate. But insiders warn the rebound could short-circuit if skills shortages and wage hikes aren’t tackled fast. The Digital Economy Promotion Agency (DEPA) revealed that its Digital Industry…
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