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 See the best of Northern Thailand this winter on a budget
The Thaiger key takeaways Peak season brings higher prices, but smart planning and local know-how can help you experience Northern Thailand affordably. Chiang Mai, Pai, and Chiang Rai offer plenty of free or low-cost attractions, from temples and canyons to...
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Business Buzz: Earn extra income with affiliate marketing
PHUKET: Affiliate Marketing is where people earn commissions by marketing and promoting other people’s products. This has become very popular in the online world, as people who have the expertise at creating products often do not possess the desire or the marketing skills or, often, the budget required to market them properly. Depending on the platform or organization, the commission…
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Finance: Growth stocks to beat market
PHUKET: Growth stocks are always popular with Wall Street and retail investors alike because they are companies with sustainable positive cash flows along with revenues and earnings that are expected to grow at an above-average rate relative to the stock market. Here are a couple of individual growth stocks that could be a good fit for your portfolio: Gilead Sciences,…
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Banyan Tree, Angsana Laguna Phuket announces new director of marketing and communications
PHUKET: Nampetch ‘Nikki’ Tipaxsorn has taken up the position of director of marketing and communications for Banyan Tree and Angsana Laguna Phuket. In her new role, Ms Nampetch will manage all marketing and public relations activities, including marketing strategies to generate revenue and brand awareness for both properties. Ms Nampetch has more than 15 years of experience in both sales…
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Organic Corn Farm promotes agritourism on Phuket
PHUKET: Though agricultural tourism hasn’t really developed enough to make it a serious market segment on the island, that hasn’t stopped the government push for exploring yet another avenue for revenue. In 2014, then Phuket Governor Maitri Inthusut threw his weight behind elephants, goats and pineapples in hopes of seeing growth in Phuket agritourism and its One Tambon One Province…
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Finance: Neil Woodford, financial genius?
PHUKET: I know this has been written about in other media already, but as this fund and its manager have a great track record and I believe we are nearing a sale in stocks, it is a good discussion to review. For those of you who don’t know the fund or manager, Neil Woodford ran the Invesco Perpetual Income Fund…
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Bangkok Hospital Group aims to broaden medical tourism with new facility
PHUKET: One of the primary reasons the Bangkok Hospital Group purchased Phuket International Hospital for 3.61 billion baht last year was to bring the hospital’s exceptionally strong aesthetic surgery branch into the fold, explains Sanguan Kunaporn, the Director of the Phuket Plastic Surgery Institute at Phuket International Hospital. This month, the group will stage the soft opening of a new…
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Business Buzz: Quick tips to increase results
PHUKET: One of the biggest issues businesses have with online marketing is attracting eyeballs to their content. It doesn’t matter how good your website or social media content is if no one sees it. So the secret to getting much better results is to get your content seen. Here are five quick tips on how to increase your results with…
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Finance: Stocking up on stocks
PHUKET: Market corrections like the one that started last August are never times to completely abandon the stock market. Instead, they are great opportunities to buy quality stocks with strong fundamentals and technical charts, that should emerge higher once the correction is over. For that reason, you should consider adding the following stocks to your market correction shopping list because…
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Business Buzz: Facebook goes beyond “likes’ to “Reactions’
PHUKET: After many people asking for it, and rumors abounding as to how it will work, it is finally here: Facebook has announced a trial in Ireland and Spain for a new series of emoji called ‘Reactions”. Users now have the choice to rate posts with ‘like’, ‘love’, ‘haha’, ‘yay’, ‘wow’, ‘sad’ or ‘angry’, quite similar to the emoji responses…
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Finance: Symmetrical triangle of gold
PHUKET: Gold is such a different asset class that it can really be very confusing thinking about it. As I write, gold is forming a classic technical trading pattern known as a symmetrical triangle, which makes it an interesting time to talk about it. These consolidation patterns usually result in a big move one way or the other, but let…
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Laguna Tri-Fest draws Chinese numbers
PHUKET: Rising Chinese numbers at the Challenge Laguna Phuket Tri-Fest bodes well for years ahead, as the classic Phuket event looks to generate more than 90 million baht this year. “In the past two years, we’ve seen more than 50 per cent growth [in the number] of athletes from China, both at the Laguna Phuket International Marathon in June and…
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Business Buzz: Test to see if social media will work for your business
PHUKET: One of the most common objections people have about using social media is that, while they understand it works for other people, they think their business is different and it will not work for them. So I have put together a quick test to see if social media would benefit you: Do you have a website?Do you need more…
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Sound advice on retiring rich and young
PHUKET: This last weekend I had the pleasure of attending a seminar from one of my business partners whom most Thai readers would be familiar with. They may not know, however, the extent of the business success that Paul Pattrapon has had outside of the limelight of being a Thai superstar. On top of singing, modeling, acting in soaps, hosting…
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Business Buzz: Success just clicks away
PHUKET: Following on from previous topics, if we know our sales funnel and can break it down into a process map, then we can analyze each step of the sales system, see where we have good and bad results, and increase our profitability by improving each area. Even a small tweak, improving only one or two per cent at each…
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Finance: Dodge a crash with right investment
PHUKET: For those of you who have been reading my columns for some time now, you probably know that I am not the biggest fan of the stock market at the moment. You may think I am an idiot because I have spent years waiting patiently for the next crash while the markets continue to march on to new highs.…
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Business Buzz: Value in organic search results
PHUKET: While I believe that because of Social Media (Optimization), Search Engine Optimization (SEO) itself is becoming less relevant, there is no doubt it is still important to get organic search results, especially with Google and YouTube, by far the leading search engines. Although the algorithm for ranking is constantly changed by Google, it is possible to analyze trends and…
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Business Buzz: Don’t forget the database
PHUKET: Almost every business these days has at least some form of website and social media presence. What still amazes me, though, is how few are creating a database – which is actually their biggest asset. Simple Marketing 101 suggests you need potential customers to make a sale. And the easiest way to get potential customers is to create a…
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Finance: Continuing education
PHUKET: I have always been a big fan of education. It was instilled in me by my father from the time I was young and saw all of my friends leaving education early for the allure of a quick paycheck. Obviously, the short-sightedness of that only becomes apparent in hindsight, but I don’t think it is ever too late to…
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Charter rejection boosts economy
PHUKET: The rejection of the draft charter by the National Reform Council with a vote of 135-105 last week, along with measures to spur the economy worth a combined 136 billion baht, should overall have a positive affect on consumption, investment, and tourism, while also boosting internal economic activity, said Dr Anusorn Tamajai, dean of Rangsit University’s Faculty of Economics.…
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Making life easier with HeadsUp
PHUKET: A young Phuket man is giving the world a ‘HeadsUp’ with a new application he helped to create, which is aimed at simplifying everyday life. Robert Conner, who is a former British International School of Phuket student, helped develop an app called ‘Hey! HeadsUp’ with his college friends Abhijay Bhatnagar and Arjun Bhatnagar. The app allows you to schedule…
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Finance: Yuan’s potential impact on stocks
PHUKET: China has fired a barrage in the ongoing global currency wars with its first devaluation in two decades in hopes of propping up its export-driven economy and reducing its politically dangerous loss of manufacturing jobs. Despite the dramatic headlines, what’s looking like a mere two per cent devaluation is unlikely to trigger a bear market in the global stock…
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Arrivals increase as room rates slide
PHUKET: While it’s encouraging that passenger arrivals at the island’s airport jumped by 11% during the first half (H1) of this year, compared to the same period last year, the flip side shows that hotels in all tiers tumbled with average room rates plunging from US$175 in H1 2014 to US$154, Bill Barnett, managing director of C9 Hotelworks said in…
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Charter rejection, stimulus package to boost economy
PHUKET: The rejection of the draft charter by the National Reform Council with a vote of 135-105 last Sunday, along with measures to spur the economy worth a combined 136 billion baht, should overall have a positive effect on consumption, investment, and tourism, while also boosting internal economic activity, says Dr Anusorn Tamajai, dean of Rangsit University’s Faculty of Economics.…
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Business Buzz: Five tips for content creation for your business
PHUKET: The first priority in marketing through social media is to decide what you want to achieve. Is it for people to find out about a new service; to get them to visit your Facebook page; to educate them on something unknown; to be funny; or to shock with facts; or just to create brand awareness? Also think about where…
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Finance: Cut to chase: advice or pitch
PHUKET: How do you know if the financial advice you are receiving is solid, or if it is a sales pitch in disguise? The first line of due diligence you should always employ is to check the educational background of the advisor. Ask where they did their financial studies and then verify with the institution that they do have the…
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Business Buzz: Your business needs social media
PHUKET: These days you hear that every business should have a social media presence, but why is this the case? This week, we explore the main reasons why social media is so important and, if done correctly, what benefits it brings to your business. BRANDING & EXPOSURE To launch a company, create a brand name and even just to be…
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Finance: Greece’s economy not too big to fail
PHUKET: As the Greek crisis continues to rattle financial markets and the euro, investors need to understand that Greece being in default is actually business as usual for the country when you look more closely at its history: Greece’s first default occurred during the fourth century BC when around a dozen Greek city-states borrowed from the Temple of Delos at…
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Bill to slash cheap package tours, arrival numbers to be unaffected
PHUKET: The plan by Cabinet to put an end to cheap tour group packages arriving in Thailand will not have a significant affect on the industry in Phuket, says Santi Pawai, Director of the Phuket office of the Ministry of Tourism and Sport (MOTS). “I’ve heard about the draft bill, but have yet to receive any official notification. I believe…
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Business Buzz: Consistency is the key
PHUKET: One of the most frequent comments I receive from unsuccessful people is that they believe social media does not work and is all hype and myth. It is interesting that so many say this, especially when successful users swear that without social media their business would be dead. So to help the doubters, here are points that have probably…
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Boat Lagoon prepared for community boom (video)
PHUKET: Boat Arcade will continue to focus on children’s activities and their needs in the second phase of the project, following the recent completion of the first phase, where the area has been developed as the ‘East Coast Edutainment and Family Center,’ confirmed Kanittha Prasopsirikul, managing director of ‘By Kanittha’ Company and Boat Arcade’s public relations representative. The marketing strategy…
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