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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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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IMF urges Thailand to give baht-up households a helping hand
The International Monetary Fund (IMF) has warned Thailand to boost protections for struggling families or risk keeping millions trapped in a cycle of crushing debt, much of it borrowed just to put food on the table. In a hard-hitting Country Focus report released on April 9, the global financial watchdog highlighted that more than half of Thai workers lack formal…
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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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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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Fizzy drink giants face sugar tax squeeze as sweet crackdown kicks in
Thailand’s fizzy favourites are feeling the pinch as a new sugar tax kicks in, forcing beverage makers to cut the sweet stuff or cough up more cash. Beverage chiefs and sweet drink producers have been slapped with a sour surprise as the Finance Ministry rolls out the latest phase of Thailand’s sugar tax crackdown, pushing firms to trim the sugar…
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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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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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Thai Airways expands fleet with 45 Boeing dreamliners
Thai Airways International (THAI) has confirmed that fleet expansion is a key part of its strategy, with the airline set to procure 45 Boeing 787-9 Dreamliners as part of a major deal to increase its aircraft numbers and strengthen ties with the United States. In a bold move aimed at both modernising its fleet and supporting Thailand’s trade negotiations with…
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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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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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Trump’s tariff tantrum: US slaps huge levies on world as trade war erupts
Donald Trump has thrown the world into economic turmoil, launching a full-scale trade war by slapping sweeping new tariffs on imports, including crippling levies on key allies. Thailand has been caught in the tariff crossfire too, with officials claiming the nation could suffer an US$8 billion hit if the US were to even up levies between the two countries. Semiconductor…
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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 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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Earthquake causes up to 100 billion baht damage, economy unaffected
Finance Minister Pichai Chunhavajira stated that the recent earthquake damage has not impacted the economy, while reaffirming the government’s commitment to support affected individuals. Reports suggest that up to 5,500 buildings in the capital might have sustained damage, with total financial losses potentially reaching 100 billion baht. Pichai mentioned on March 28, the day of the earthquake, that the ministry,…
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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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ATTA boss calls for boost to Chinese tourism market
The newly appointed president of the Association of Thai Travel Agents (ATTA) is urging the government to ramp up support for marketing initiatives and development to revive the lagging Chinese tourism market. Thanapol Cheewarattanaporn, elected for a two-year term, welcomed the Cabinet’s approval of the draft entertainment complex bill but emphasised the need for strict casino regulations and meaningful employment…
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Bitcoin to US Dollar exchange rate (BTC/USD)
Bitcoin (BTC) is the world’s most popular cryptocurrency, and its value against the US dollar (USD) fluctuates significantly. The BTC to USD exchange rate is determined by complex market forces that are influenced by several factors, such as Bitcoin’s supply and demand, US monetary policy, institutional investor demand, and global economic trends. Bitcoin Supply and Demand The price of BTC to…
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Thailand’s new gambling bill: What it could mean for the country
The conversation around legalising gambling in Thailand has been simmering for years. Now, it’s starting to reach crunch time. On March 27, cabinet members approved the highly debated Entertainment Complex Bill. It could pave the way for casino resorts to operate legally across the country. For a nation where gambling has been mostly outlawed for decades, this bill could represent…
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Thai food fight: Restaurant industry left starving as spending drops 40%
Thailand’s restaurant industry is in turmoil, with purchasing power dropping by over 40% in the first quarter of 2025, according to Thanivarn Kulmongkol, President of the Thai Restaurant Association. The sluggish economic recovery and stagnant incomes have left consumers tightening their belts, opting for savings rather than spending, especially ahead of major festivals like Songkran. This downturn is affecting all…
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Trump’s tariff threat stalls Thai car exports
Thailand’s car manufacturers are hitting the brakes on production as US President Donald Trump’s looming auto tariffs send shockwaves through global trade. On March 24, Trump signalled his intent to slap fresh levies on imported vehicles, set to kick in from April 2, leaving Thailand’s key trading partners hesitant to place orders—especially for petrol-powered cars, said Surapong Paisitpatanapong, Vice-Chairman of…
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Thaksin wades into Thailand debt storm with bold bailout plan
Former Thailand Prime Minister Thaksin Shinawatra has reignited debate over the country’s mounting debt crisis, urging the government to buy up bad loans to help struggling households. The 75 year old’s proposal? The state should step in, purchase non-performing loans (NPLs) from financial institutions, and wipe debt-ridden individuals off the National Credit Bureau’s blacklist. But not everyone is convinced by…
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Thai delegation aims for 7.3 billion baht rice deal in South Africa
The Commerce Ministry of Thailand has dispatched a delegation to South Africa to promote Thai rice, aiming to finalise a major export deal valued at approximately 7.3 billion baht. Commerce Minister Pichai Naripthaphan assigned Worawong Ramangkura, Assistant Minister of Commerce, to lead a delegation from March 24 to March 30, including representatives from the Thai Rice Exporters Association, General Mill…
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Thai stock index jumps as gold hits record high amid Fed rate plans
In a striking turn for the Stock Exchange of Thailand (SET), the index surged for the third consecutive day, momentarily cracking the 1,200-point mark yesterday, as gold prices soared to record highs. This rally followed the Federal Reserve’s decision to maintain interest rates at 4.25-4.50%, as anticipated. Rakpong Charoenpong, Senior Vice President at KGI Securities (Thailand), attributed the buoyant market…
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Tesla leads in Thai EV market with top satisfaction scores
According to a recent survey by NielsenIQ Thailand, Tesla has emerged as the dominant force in Thailand’s electric vehicle (EV) market, with the highest satisfaction score of 890. The result comes from the Electric Vehicle Ownership Satisfaction (EVOSS) study, which measures consumer satisfaction with battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs). Manenatta Jirasevijinda, Senior Director of Automotive…
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Tech it to the bank: Thailand’s data boom lures global giants
Thailand is quickly establishing itself as a key player in the global digital landscape, attracting major international data centre investments worth over 100 billion baht. The Board of Investment (BoI) reported that existing giants from the US, China, Japan, and South Korea are eager to expand their operations in the country, which is anticipated to exceed last year’s investment levels.…
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