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 one hospital visit in Thailand could cost more than your whole trip
Thailand is a favourite spot for travellers who want to enjoy more while spending less. From cheap street food to low-cost hotels and fun attractions, it’s easy to stretch your budget here. But there’s one thing many people don’t think...
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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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Byte me: Thai online sellers plug into AI revolution to boost cash
Thailand’s e-commerce scene is getting a high-tech makeover as local sellers turn to artificial intelligence (AI) to outsmart the competition and rake in more baht. But while the potential is massive, a new report reveals most sellers still feel left in the digital dust. Thailand’s online shopkeepers are waking up to the AI boom but many say they’re still struggling…
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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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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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Baht to the future: Thai currency eyes 33 mark as dollar dives
The Thai baht is flexing its muscles on the global stage, with experts predicting it may surge past the symbolic 33-per-dollar mark in the second quarter, fuelled by trade tensions, a faltering US economy, and sky-high gold prices. According to Kasikorn Research Center (K-Research), the baht has climbed to a six-month high, riding the wave of a weakening US dollar…
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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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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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Thai finance minister to address US tariff impacts on economy
Thailand’s Finance Minister Pichai Chunhavajira is set to engage with the Bank of Thailand governor regarding the United States‘ reciprocal tariff measures ahead of his visit to the United States. Aiming for a formal meeting with the central bank governor by tomorrow, April 17, Pichai intends to evaluate the impacts of US trade policy, global economic trends, and the US’s…
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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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Thailand urged to address rising zero-dollar exports from China
Thailand’s economy is being short-changed by a flood of so-called “zero-dollar” investments and exports from China, with experts warning the government must clamp down, or risk a new wave of growth that benefits everyone but the Thais. Amonthep Chawla, chief economist at CIMB Thai Bank’s Economic Centre, said America’s latest tariff moves, both those aimed broadly and those specifically targeting…
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Thai travellers offered 50% off flights to China for Songkran
Chinese travel agents are pulling out all the stops to fill planes over the Songkran holiday, offering Thai tourists cut-price tickets to the mainland in a desperate bid to claw back losses after a dramatic drop in Chinese visitors to Thailand. Some tour operators are slashing fares by up to 50%, flogging unsold flight tickets at bargain rates rather than…
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Gambling legality in Thailand
Thailand’s tourism industry has been going through a bit of a renaissance, with visitors flocking from all over Europe, America, and Asia. Many come to experience the authentic Thai culture, see the incredible sights, and learn something more about the country’s fascinating history. Many of the visitors, however, are gambling fans, who’d like to play a hand or two. But,…
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Nestlé challenges Thai court ban on Nescafé production
Nestlé has expressed concern for small business owners following a court order prohibiting the production and sale of Nescafé in Thailand. The company is preparing to file an appeal after Chalermchai Mahagitsiri, a shareholder in Quality Coffee Products Co., Ltd. (QCP), sought a temporary injunction. Yesterday, April 9, a report detailed that Chalermchai initiated legal proceedings at the Min Buri…
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Malaysians motor ahead as Chinese tourism hits a speed bump
Thailand’s tourism chiefs are shifting gears after a drop in Chinese arrivals put the brakes on what was expected to be a bumper Songkran season while Malaysians continue to flood in. The Tourism Authority of Thailand (TAT) revealed a surprise twist in the tourist traffic, with Chinese visitor numbers dipping just as their southern neighbours from Malaysia come roaring in.…
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Why you should always buy Instagram followers
You want more people to see the content you’ve spent days creating? You should buy Instagram followers. You want an Instagram presence that’s large enough to attract paid sponsors for your posts? You should buy Instagram followers. You want to build a social media community of users in your small business’ target audience, or you want to build brand awareness?…
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Thai stock market tumbles amid US tariff concerns
The Stock Exchange of Thailand (SET) today experienced a significant drop in share prices amid concerns over a potential trade war following tariff increases by the US government. The SET Index fell by 42.30 points or 3.76%, reaching 1,082.91 shortly after opening. The Thai market resumed trading after a three-day break, while other global markets were unsettled yesterday, April 7,…
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Watt’s next: Thailand powers up for electric vehicle revolution
Thailand’s government is committed to transforming the nation into an electric vehicle (EV) manufacturing hub, with a policy focused on stimulating demand to encourage consumer adoption. Deputy Finance Minister Paopoom Rojanasakul emphasised the importance of building a domestic EV supply to meet this demand. The government has shifted from internal combustion engine (ICE) vehicle production to an EV focus through…
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Asia-Pacific nations scramble to dodge Trump’s trade tariff tantrum
A tariff tsunami unleashed by US President Donald Trump is sending shockwaves across the Asia-Pacific, as countries scramble to dodge his trade tariff tantrum. While the 10% baseline tariffs kicked in on Saturday, April 5, even steeper charges are set to hit some nations from Wednesday and reactions range from furious to fretful. But rather than hitting back, many Asia-Pacific…
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Excise crackdown: 2.7 billion baht fines for tax evasion surge
The Excise Department has been directed to swiftly enforce a zero-tolerance policy on excise tax evasion, focusing on breaches of excise regulations. Deputy Finance Minister Paopoom Rojanasakul emphasised efforts to prevent the smuggling of goods without tax payment, particularly across borders and through online platforms. The department expressed a commitment to prosecuting and taking action against those involved in selling…
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Baht to the future: Thai currency takes a pounding as US tariffs bite
The Thai baht has taken a serious beating, diving to its weakest level in two and a half months, and it’s only set to sink further, after the US threw a financial curveball with a whopping 37% reciprocal tariff on Thai imports. The baht slipped to 34.38 to the dollar yesterday, April 3, with intraday lows hitting 34.44, a rate…
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Thai construction materials price index hits 112.8 in March
The March 2025 construction materials price index, as reported by Poonpong Naiyanapakorn, Director of the Office of Trade Policy and Strategy under the Ministry of Commerce, rose to 112.8. This marks a 0.5% increase compared to March 2024, continuing a 10-month growth trend. The increase is attributed to accelerated government budget disbursements in the first quarter, driving demand for construction…
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Thailand’s digital entertainment shift: Quiet innovation with big implications
Thailand stands at the crossroads of a digital revolution in its leisure and tourism sectors. With the world’s appetite for immersive, tech-forward experiences growing, the country is beginning to reimagine how it offers entertainment to both locals and international visitors — subtly, but unmistakably. Tourist Expectations Are Changing Today’s travelers aren’t just looking for beaches and nightlife — they’re searching…
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Thailand revamps tourism strategy amid Chinese market slowdown
The Ministry of Tourism and Sports is revising its strategy for the latter half of the year in response to the subdued Chinese market and diminished confidence due to a recent earthquake. A new crisis management team will be established to address these challenges. The ministry plans discussions with a strategy consulting team to guide the Tourism Authority of Thailand…
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Thailand fast-tracks factory rooftop solar panel revolution
Thailand’s solar industry is set to shine brighter as the government launches a one-stop service centre aimed at slashing red tape and supercharging solar panel sales, according to suppliers. With the Cabinet greenlighting the initiative on March 27, the Energy, Interior, and Industry ministries will team up to streamline the approval process for factory rooftop solar installations, eliminating the frustrating…
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On-job connection: Thai telecom firm cut off in fraud scandal
Thailand’s telecom watchdog has reportedly pulled the plug on K4 Communication Company Ltd, revoking its licence over a multi-million-baht fraud scandal that allegedly left investors high and dry. K4, which operated as a mobile virtual network operator (MVNO) using National Telecom’s (NT) network, was shut down after its executives were hit with arrest warrants for joint fraud, Bangkok Post reported.…
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Thai Board of Trade caught in tariff crossfire over Uyghur issue
Thailand’s business leaders are urging firms to stay agile amid fears that the ongoing Uyghur issue could disrupt trade talks. Sanan Angubolkul, chairman of the Thai Board of Trade, warned it’s too early to predict the fallout but said businesses must adapt to survive. Companies are being urged to make the most of Thailand’s 16 free trade agreements (FTAs) with…
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Bringing home the bacon: Korat businesses struggle as pork prices soar
Rising pork prices have left business owners in Nakhon Ratchasima facing daily losses, with some considering closure. They urge the government to fulfill economic promises and address the needs of smaller businesses rather than focusing solely on the wealthy. At a gathering at Rabieng Kiang Nam restaurant in Hua Thale subdistrict, Mueang district, representatives from pork stalls and restaurants discussed…
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