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.
-
Sponsored 9 most common health issues covered by insurance for expats in Thailand
Thailand is a popular destination for expats due to its affordable lifestyle and excellent healthcare system. However, settling in a new country often brings health concerns. To ensure you’re covered for the most common medical needs, understanding what expat health...
-
Vietjet to get first Boeing 737 MAX as tariff talks heat up
VietJet Air will receive its first Boeing 737 Max as Vietnam seeks to strengthen trade ties with the US while negotiations over tariffs continue. The handover marks a significant shift for VietJet, which currently operates an all-Airbus fleet, and comes as Vietnam continues delicate trade discussions with the United States over tariffs. A ceremony is scheduled on Sunday, September 21,…
-
XRP and BTC holders in Thailand are earning daily income with Invro Mining
Thailand’s growing interest in cryptocurrency is no secret; from Bangkok to Chiang Mai, crypto holders, gamers, and freelancers are seeking new ways to accumulate wealth beyond traditional methods. But there’s a catch: traditional crypto mining is expensive, noisy, and downright complicated. Invro Mining, a UK-based cloud mining company, offers global mining services, allowing you to mine cryptocurrency without a mining…
-
IKEA Thailand cuts prices, targets hotels and SMEs
IKEA Thailand, part of the Swedish home furnishing company, is addressing economic difficulties by reducing prices and launching the IKEA for Business programme. This initiative targets growing demand from hotels, offices, property developers, and small and medium-sized enterprises (SMEs). Leonie Hoskin, retail manager for IKEA Thailand and Vietnam, noted that fiscal 2025 (September 2024 to August 2025) was challenging due…
-
SCB cuts branches and staff as AI reshapes Thai banking
Siam Commercial Bank (SCB) is restructuring its retail operations in response to rising household debt and the growing dominance of artificial intelligence (AI) in the financial sector. Since May, SCB has reorganised its retail segment into a new consumer banking division, covering branches, retail services, and employees. Chief Executive Kris Chantanotoke said the shift reflects customer preferences and the steady…
-
Grab backs Thai co-payment scheme to boost food sector
Food delivery companies have voiced support for a government plan to revive a co-payment scheme aimed at boosting restaurant sales and the wider economy. Industry leaders say the programme, previously credited with boosting small restaurant sales by up to five times, could offer vital relief as the economy slows. Chantsuda Thananitayaudom, managing director of Grab Thailand, confirmed the company’s full…
-
Tourism chiefs demand cash coupons for foreign visitors
Tourism leaders are urging the new minister to launch urgent spending incentives for foreign visitors to boost travel and prepare for the upcoming low season. Ratchaporn Poolsawadee, vice president of the Tourism Council of Thailand, is pushing the new tourism minister to act fast with competitive measures such as travel cash vouchers for international tourists. The proposal mirrors successful programmes…
-
Thailand warned clean energy gap could deter data centre boom
Thailand’s digital dreams could stall as investors warn the nation’s patchy clean energy supply risks scaring off billion-baht data centre projects. Thailand risks losing out on major digital economy investments unless it strengthens its clean energy supply, according to Gunkul Engineering, a leading renewable energy developer. Chief executive Naruechon Dhumrongpiyawut said that data centres, artificial intelligence firms, electric vehicles, and…
-
How to edit workout routine videos with the CapCut desktop editor with a voice changer
Videos demonstrating workouts are now essential to interacting with customers, both those who have just begun their fitness journey and those who have already attained some level of expertise in this area. The videos circulated on the Internet through YouTube, Instagram, and special fitness apps motivate people to take action and create loyal communities. The CapCut desktop video editor provides…
-
Bangkok hotels face crunch as occupancy rates tumble
Bangkok’s hotel industry is heading into a storm in the second half of this year, with falling occupancy rates, soaring competition and a sharp drop in Chinese arrivals casting a shadow over the capital’s hospitality market. A report by Knight Frank Chartered (Thailand) revealed that average occupancy slipped by 3.7% to 75.1% in the first half of this year, while…
-
Thailand eyes VAT hike to boost tax revenue by 600 billion baht
Thailand’s government needs to increase tax revenue by 600 billion baht as current levels lag behind those of comparable economies, according to caretaker Finance Minister Pichai Chunhavajira. State tax revenue currently represents 15% of GDP, which is three percentage points lower than nations with similar economies. During the Fiscal Policy Office’s annual seminar themed Fiscal Transformation, Pichai noted that the…
-
Nok Air ordered to halt international flights over safety
The Civil Aviation Authority of Thailand (CAAT) has directed Nok Air to pause its international flight operations and halt route expansion due to safety concerns. The airline, however, clarified that an issue with an aircraft engine has already been addressed by replacing it. Currently, Nok Air is not conducting international flights due to the low travel season. During peak times,…
-
LINE MAN Wongnai snaps up Thailand’s beauty tech giant
LINE MAN Wongnai has announced the acquisition of JERA Cloud, a Thai startup specialising in cloud and point of sales (POS) solutions for the beauty and wellness sector. This move marks the company’s initial expansion of its Merchant Digital Solutions portfolio beyond the restaurant industry, creating new opportunities in high-growth sectors. JERA Cloud, part of Lamunpun IT Company Limited, has…
-
Trip.com touts AI future at Forbes Thailand forum
Adopting artificial intelligence (AI) and swiftly responding to consumer demand are crucial for success in the evolving travel sector, according to the online travel agent Trip.com. Trip.com Group Vice-President Edison Chen noted that a decade ago, the potential of AI to improve efficiency in customer service and itinerary planning was unforeseen. During his address at Forbes Thailand: The Next Tycoons…
-
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…
-
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…
-
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…
-
Cambodian labour exodus sparks robot rush in Thai factories
Thailand’s factories are facing a labour crunch, and robots may soon be clocking in. A drop in Cambodian workers due to a simmering territorial dispute has forced Thai manufacturers to hurry automation plans, according to the Federation of Thai Industries (FTI). The exodus of Cambodian labourers has hit sectors such as construction and agribusiness, where low-cost, manual labour is essential.…
-
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…
-
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…
-
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…
-
Bitcoin prices hit new highs, Invro Mining helps fuel Thailand’s cloud mining revolution and earn BTC
Bitcoin has officially crossed the historic $120,000 threshold, sparking a wave of excitement across Thailand’s already thriving crypto scene. As the digital asset market grows hotter, many investors are stepping away from high-risk trading and instead embracing cloud mining — a safer, more predictable way to generate daily cryptocurrency income without the complexity of managing mining hardware. One name stands…
-
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.…
-
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…
-
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,…
-
Tough times hit Thai cinema as viewers cut back
Box office blues could be looming for Thai cinemas as cash-strapped moviegoers become pickier about what’s worth their ticket money. That’s the concern from top Thai studio GDH 559 Co Ltd Content Director Thodsapon Thiptinnakorn, who said the sluggish economy is making audiences more selective—possibly reducing their cinema visits from several times a month to just once. “Viewers may think…
-
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…
-
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…
-
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…
-
Leisure apps compete for attention in the 15-minute media economy
We’re living in the age of “just one more episode,” “one more scroll,” and “just five more minutes.” Attention is sliced into fragments, and entertainment now competes not by the hour, but by the minute. Welcome to the 15-minute media economy — a world shaped by short breaks, background noise, and multitasking. Whether it’s during a commute, lunch break, or…
-
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…
Don't forget to check out some other things to do in Thailand - get help starting a business or finding a job in Thailand, buy Thailand property, rent a yacht or book a medical procedure worldwide.