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 Long-term life in Thailand? 5 reasons private health insurance pays off in the long run
Thailand is a great place for expats and retirees, offering a warm climate, affordable living, and rich culture. However, healthcare can be tricky for foreigners since they aren’t eligible for public health coverage, and private care can be expensive. Private...
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Hotel wars: Dusit Thani heir vows to block family power grab
Dusit Thani has been plunged into a bitter family feud, with its acting chairperson warning of an outsider takeover and vowing: “I will never abandon Dusit Thani.” Chanin Donavanik, acting chairperson of Dusit Thani Plc and a descendant of founder Thanpuying Chanut Piyaoui, broke his silence today, August 27, addressing a boardroom showdown with his two sisters, Sinee Thienprasiddhi and Sunong…
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Thailand eyes 5 million Malaysian tourists amid China competition
Malaysia’s tourist target for this year has been adjusted to 5 million, mirroring the figures from 2024, yet this market might achieve a similar number of arrivals as China, remaining unaffected by the border province conditions. Patsee Permvongsenee, the executive director for the ASEAN, South Asia, and South Pacific region at the Tourism Authority of Thailand (TAT), noted optimism for…
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Thai car production slumps as debt and tariffs bite
The Thai automotive sector continues to face challenges this year, with total car production declining by 5.73% year-on-year in the first seven months, impacting employment in car manufacturing plants. Between January and July, 835,331 units were produced. In July alone, manufacturing reached 110,616 units, marking an 11% decrease compared with the previous year, according to the Federation of Thai Industries…
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Thailand’s retirement lottery launches with new payment options
Why just save for retirement when you can win your way there? Thailand’s new lottery is making it possible. Deputy Finance Minister Paopoom Rojanasakul has confirmed that sales for the highly anticipated retirement lottery will kick off in the fourth quarter of this year, offering weekly cash prizes while promoting long-term savings. Paopoom referred to the legal green light already…
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Thai hotel group sues over 400 baht wage hike challenge
The Thai Hotels Association (THA) is planning to file a lawsuit against the tripartite wage committee in the Administrative Court, aiming to challenge the 400 baht minimum wage increase, which it argues burdens hotels in secondary tourism areas. THA president Thienprasit Chaiyapatranun stated that the association’s committee has already agreed to proceed with the legal action, pending a consensus from…
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Thai interest rate cut fuels stock market surge
Thailand’s stock market has been handed a shot of adrenaline after the Bank of Thailand (BoT) slashed its policy rate by 25 basis points to 1.50%, a move analysts say could send the SET index surging to 1,370 points by the year’s end. Market watchers hailed the rate cut as the start of “a policy-led re-rating phase” that will redirect…
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Thailand’s tourist numbers slide as 2025 forecast cut again
Thailand’s tourism dreams have hit another bump after the Tourism and Sports Ministry revealed foreign arrivals plunged by more than 7% this year, forcing officials to scale back growth forecasts yet again. From January 1 to August 17, the country welcomed 20.81 million international visitors, down 7.04% compared to the same period last year. Despite the overall decline, China remains…
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Thailand launches world-first crypto tourist pay scheme
Thailand has thrown open the doors to a digital revolution in tourism, unveiling the world’s first system allowing foreign visitors to convert cryptocurrency into Thai baht for everyday purchases—from pad thai stalls to 7-Eleven counters. The pilot project, called TouristDigiPay, launched yesterday, August 18, under the watch of Deputy Prime Minister and Finance Minister Pichai Chunhavajira. Unlike crypto-payment models abroad,…
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Key strategies for successful gold trading in 2025
Gold trading for 2025 holds both opportunities and challenges for market participants. As one of the most actively traded commodities globally, the popularity of gold transcends its traditional role as a store of value. It has also been a highly reactive asset, responding to changes in the global economy, the actions of the central banks, geopolitical happenings, and sentiment among investors.…
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Thailand online platforms that blend fun, freedom, and functionality
Thailand is home to a growing array of online platforms that combine entertainment, convenience, and the freedom to access top-notch services from anywhere. Whether you’re looking for online gambling options, digital entertainment, or a way to engage with the latest trends, these platforms cater to diverse interests and needs. From sports betting to live casinos, and streaming services, the Thai…
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Thai court weighs foreign pilot hiring dispute
Thai airlines are not currently hiring foreign pilots for domestic routes, but that could change next year depending on a key court ruling. In March, the Thai Pilots Association filed legal action against the Ministry of Labour, seeking a temporary injunction to halt the use of foreign pilots on domestic services. The case stems from last year’s high tourism season,…
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Thai Airways soars with 12 billion baht profit in Q2
Thai Airways (THAI) is flying high again, racking up a staggering profit of more than 12 billion baht in the second quarter of 2025, fuelled by cheaper jet fuel and strong passenger growth. The flag carrier and its subsidiaries reported revenue of 44.83 billion baht (excluding one-time items) for the quarter, up 1.9% on last year. Passenger numbers climbed 4.2%…
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Chinese steel surge pressures Thai manufacturers
China’s continued surge in steel exports is putting growing pressure on Thai steelmakers, according to Tata Steel (Thailand), a subsidiary of India’s largest steel producer. In the first half of this year, China exported 58.2 million tonnes of steel, marking a 9.2% increase from the same period last year. Asia remained the largest recipient of these exports, with Thailand among…
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Trump teases new tariffs on drugs and chips
US President Donald Trump indicated yesterday that new tariffs on imported pharmaceuticals and semiconductors might be announced as early as next week as part of his ongoing efforts to reshape global trade. These comments were made during an interview with CNBC, occurring just days before another set of tariff increases is set to impact several economies later this week. The…
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Grab’s AI translator and big discounts woo Thailand’s expats
Grab Thailand is turning its attention to Thailand’s growing expat population — and it’s rolling out smart features and generous perks to win them over. With more than 5.3 million non-Thai residents now living in Thailand—an 8% jump since 2019—the company has seen delivery orders from expats skyrocket by over 50% in the past 12 months, signalling a major shift…
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Thailand plans tax break on foreign income
The Thai Revenue Department is fast-tracking new legislation to exempt Thai citizens from income tax on earnings sourced from abroad within the current year. Revenue Department Director-General Pinsai Suraswadi stated that the proposed law would exempt Thai citizens from income tax if they bring foreign-sourced income into Thailand within two years of earning it. The details are under discussion at…
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Thai Airways shares take off again after 5-year pause
After five years of being grounded, Thai Airways (THAI) shares are finally cleared for takeoff. Trading of the national carrier’s stock will resume on the Stock Exchange of Thailand (SET) yesterday, August 4, marking a significant milestone in the airline’s dramatic recovery from one of the biggest corporate meltdowns in Thai history. The move follows THAI’s exit from court-supervised debt…
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How much does it cost to live in Thailand in 2025
If you’ve ever dreamed of waking up to the sound of ocean waves or enjoying street food for just a couple of dollars, you may have asked yourself: how much does it cost to live in Thailand? The answer depends on your lifestyle, location, and spending habits — but compared to Western countries, Thailand offers a significantly lower cost of…
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Thaksin pushes for high EV tax to protect Thailand’s car industry
Could the rise of electric vehicles (EVs) be putting Thailand’s homegrown auto industry at risk? Former PM Thaksin Shinawatra thinks so, and he’s pushing for drastic tax changes to protect local manufacturers from foreign competition. Thaksin has called for a high excise tax to be imposed on imported EVs that contain minimal local content, in a bid to protect Thailand’s…
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Why copy trading is the ultimate power move for first-time investors
Stepping into the realm of investing is both exciting and intimidating simultaneously. There’s way too much sub-par advice floating around, too many strategies, and too much jargon related to money that daunts even the most eager newcomer. But at the heart of all this complexity lies a deceptively straightforward way out—copy trading. With newbies particularly, it is more than a…
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Trump slashes Thai tariffs to 19% – but is there a catch?
US President Donald Trump has stunned Thailand and the wider ASEAN region by announcing a sharp cut in import tariffs on Thai goods, slashing rates from 36% to 19%. The decision, made public yesterday, July 31, via the former US president’s Truth Social platform, came just hours before an executive order was signed, locking the deal in from today, August…
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Cambodia border closures shift Thai trade to sea routes
Border closures with Cambodia have disrupted land transport, prompting a shift to alternative shipping routes. The conflict and closed checkpoints have hindered logistics that previously depended on Cambodian routes to reach Vietnam. As a result, businesses are now utilising sea transport and alternative land routes through Laos. The number of shipping lines servicing Cambodia has increased, leading to a reduction…
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Indian weddings could fuel Thai FDI boom
Thailand could soon be cashing in on Indian love stories—with luxury weddings fuelling a fresh wave of foreign investment. HSBC highlighted Indian wedding tourism as a key opportunity to boost foreign direct investment (FDI) into Thailand, pointing to stronger economic links and rising investor confidence between the two countries. During a recent visit to HSBC Thailand, HSBC India CEO Hitendra…
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Thailand considers tax breaks to boost off-peak tourism
The Revenue Department is contemplating tax incentives to boost tourism during the off-peak season, potentially enabling people to deduct travel expenses of up to 15,000 baht from their taxable income. Pinsai Suraswadi, director-general of the department, stated that discussions with the Tourism and Sports Ministry are underway to decide which provinces should be covered by these tax measures. The scope…
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‘Flying Giant’ A380 becomes a costly nightmare for airlines
Two decades after its maiden flight, the Airbus A380 is back in demand as international travel roars back to life post-Covid. But while passengers may love its spacious cabins, airlines are groaning under the weight of its soaring maintenance costs. The European Union Aviation Safety Agency (EASA) has issued 95 airworthiness directives for the aircraft since 2020, more than double…
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When to book cheap flights from Thailand to Gulf
Travelling from Thailand to Gulf countries has gradually become increasingly popular. Be it for business or simply a recreational trip. However, with the hiking flight prices, it is essential to time your booking so you can plan your trip without having to worry about the ticket price fluctuations. In this article, we will discuss a few points that will help…
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Trump revives US trade talks with Cambodia and Thailand post-ceasefire
US President Donald Trump has directed US officials to restart trade negotiations with Cambodia and Thailand following the countries’ agreement to cease fighting along a contested border. “We have saved thousands of lives by ending this war. I have instructed my trade team to resume negotiations on trade,” Trump announced in a social media post yesterday. He indicated that he…
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5 key things Thai traders should check before choosing an MT4 broker in 2025
Choosing the right broker is one of the most important decisions a trader can make. For traders in Thailand who use MetaTrader 4 (MT4), this decision can significantly impact their trading experience, profitability, and security. With so many brokers offering MT4 access, it’s easy to get overwhelmed. However, if you focus on a few key elements, you can make a…
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Thai govt unleashes 87 billion baht to jolt economy
Thailand’s government is throwing billions at the economy in a high-stakes bid to spark recovery before time runs out. With just two months left in the fiscal year, the Budget Bureau has unleashed 87.36 billion baht to fund 148 urgent economic stimulus projects, according to Deputy Finance Permanent Secretary Theerarak Saengsanit. The hefty injection accounts for 75.72% of the 115…
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Online work and digital freedom in Thailand: your guide to earning in 2025
In recent years, online earning has become not only a trend, but an integral part of the lives of millions of people around the world. Thailand, known for its warm climate and rich culture, is becoming an increasingly attractive destination for freelancers and remote workers. As technology advances and competition in the job market intensifies, more and more people are…
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