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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Biz Chat: The significance of ‘price’ in marketing
PHUKET: The second element of the ‘4 Ps’ of marketing is price. Price is what your customer pays you in exchange for goods and services received by them. There are many aspects to this deceptively simple element. In setting your price, you must first decide what is the value of the product or service to the buyer. If you set…
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Finance: Alibaba proves naysayers wrong
PHUKET: It’s not been an easy market for many individual stocks over the last few years. Take the case of Chinese internet and e-commerce giant Alibaba Group Holding Ltd (NYSE: BABA) – a stock I have been watching closely since its debut, when a client wanted to buy some shares. Many western investors do not appreciate just how big of…
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Business: Local store wars intensify
PHUKET: Phuket Grocery Ltd Partnership opened its flagship store in Phuket Town on August 9 with the aim of penetrating the low-cost retail market currently dominated by the Phuket-based Super Cheap franchise. Chairman of the new retail outlet, Pornchai Chanchuwanichkul, said he hoped reasonable prices, air-conditioned comfort and a range of customer services in a convenient location would also attract…
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Finance: Cash is always king
PHUKET: Many of my clients have been moving money out of British sterling into different currencies or into deposit accounts in different countries. While I am not pushing anyone to do this, I am very often asked which countries are safe to hold deposits. It’s an interesting question and many are often mistaken about what guarantees actually mean.The most common…
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Finance: Hold on to stocks, more rallies are coming
PHUKET: The past one and a half years have been anything but a smooth ride for investors, given that the market’s seen two rapid 10 to 15 per cent pullbacks, and we’ve seen entire sectors (such as biotech, oil, industrials) and so on take some hard knocks. For investors exposed to unlucky sectors, it’s been difficult to keep pace with…
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Finance: Hedging your way through Brexit
PHUKET: There has already been a lot written in this paper – and many others – about Brexit, but I’m getting lots of questions from both sides of the investment coin, so I thought it a good idea to highlight some of the things to think about before doing anything drastic. Are there any opportunities to exploit now that British…
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Businesses look to exploit halal potential
PHUKET: Phuket-based businesses are being encouraged to join a drive to promote the plethora of halal products made in the province to benefit from the billion-baht Islamic product export industry. Speaking at the Phuket Andaman Halal Tourism 2016 seminar at the Phuket Graceland Resort on July 21, Komol Dumlak, Chairman of the Phuket Islamic Council, said the province has huge…
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