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 How to reduce out-of-pocket medical expenses in Thailand?
Managing medical expenses in Thailand is important as healthcare costs continue to rise. The country’s healthcare system includes both public and private options, but even with the Universal Coverage Scheme (UCS) for citizens, many still face high out-of-pocket medical expenses....
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Asia-Pacific consumers careful
PHUKET: Economy-related matters appear to be on top of the list of concerns for today’s Asia Pacific consumers. According to the latest global survey by GfK, two in every five surveyed were worried about recession and unemployment as well as inflation and high prices, and at the same time, one in three said they are concerned about having enough money…
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Ensure fiduciary duty – Phuket Finance
PHUKET: Fiduciary duty basically means that an agent is meant to act in the best interest of his client, and not his own. It is a very simple concept, yet not surprisingly, the real world all too often does not work this way. When it comes down to it, human beings very often fall victim to greed. If I told…
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Staying in touch with Facebook – Phuket Investor
PHUKET: One of the main things I like about Facebook is that I can stay in touch with my family and friends all via one platform. Before I had to keep emailing, making phone calls and writing the occasional letter to and from the US. Now with Facebook, I don’t have to do that anymore. I’m able to share my…
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My house for your car: B2B
PHUKET: Looking to expand locally what is touted as the “world’s largest international barter network”, BBX Thailand is offering to slash its sign-on fee for new members in Phuket. The barter-credit network facilitator, founded in Australia in 1993 and currently operating in nine countries globally, held a Phuket network meeting last week at Ban See Nam restaurant. A BBX representative…
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Last Call – Table for three, please
PHUKET: The intersection, or better yet juxtaposition between the mythical Cyclops of desire and loathing is hardly visible to the naked eye. I might be going a little too “fru fru” here so let’s back away from the table a bit. Slowly, making sure not to stumble over a nearby sleeping soi dog. Back we go to the beginning of…
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Americans renouncing tax liabilities
PHUKET: The number of US taxpayers renouncing their citizenship or permanent-resident status reached a new high in Q2 of 2013. The figure of 1,130 people who the IRS listed as renouncing their status is two-thirds higher than the previous recent high, set in Q1 of 2013 and six times higher than Q2 of 2012. It is also the largest number…
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Cebu pacific, Tiger Air tap into Manila-Phuket direct flight market
PHUKET: At about the same time that Tourism Malaysia announced the closing of its Phuket office (click here for story), another major Southeast Asian source-market is poised to link up with the “Pearl of the Andaman” – the Philippines. As of this month and next, two regional airlines will service direct flights between Manilia and Phuket International Airport. The Philippine’s…
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Hospitality recruitment: New six-star property and restaurant north of Phuket now hiring
PHUKET: Anticipating the opening later this year of a new “six-star” hotel and adjoining Michelin-cheffed restaurant just north of Phuket, the Iniala Group will hold a recruitment event at Royal Phuket Marina on Saturday, August 24 (click here for map). To be held from 9am to 7pm, “Recruitment Day” will look to hire a number of Thai nationals to fill…
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Phuket In Focus: AEC is coming – are you ready?
PHUKET: In 2015, the 10 member states of the Association of Southeast Asian Nations (Asean) – Thailand, Indonesia, Malaysia, the Philippines, Singapore, Brunei, Myanmar, Cambodia, Laos and Vietnam – will formally integrate their economies as part of the Asean Economic Community (AEC) initiative. The AEC will be similar to the European Economic community (EEC) where participating countries aim to develop…
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Chalong means “celebrate’ – Phuket Business
PHUKET: They started the production just nine months ago but they already have reasons to celebrate – their product achieved international recognition, winning the highest award for a white rum at the International Wine and Spirit Competition in Hong Kong. But what’s even more important, it feels like a part of Phuket’s DNA – natural, local, merging traditions and cultures.…
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Asian groups may invest US$150bn in markets abroad
PHUKET: Institutional investors based in Asia could look to invest in excess of US$150 billion in global real estate over the next five years, though not necessarily in domestic markets. According to the latest research from leading global real estate services provider, CBRE, since there is limited investable stock available in Asia, such investors – including banks, insurance companies as…
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Last Call – Digging my way down to China
PHUKET: Growing up in California, one of my favorite pre-teen past times was digging holes. Not just holes but dark inviting spaces with a purpose. A fort, or looking for buried Aztec treasure, putting time capsules away to be dug up after people are weekending on Mars or the sadness of burying a demised goldfish or two. We never quite…
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Asian demand for tablets and laptops insatiable
PHUKET: Southeast Asia’s internet infrastructure has improved by leaps and bounds, spurring the increasingly connected society to seek gratification for instant connectivity via portable devices such as tablets and laptops. In the last 12 months, demand for both devices grew to hit combined sales of nearly 14.2 million units across six of the region’s key markets – Singapore, Malaysia, Thailand,…
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Cloud computing: Forecast sunny – Phuket Business
PHUKET: Lately, I have been hearing many stories of expats and tourists in Phuket whose laptops have been stolen. Having your laptop stolen is a terrible experience. You not only feel violated, but your life was basically on that computer. Picking up the pieces can be hard, but today it can be made easier with cloud computing. Cloud computing is…
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