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 Is private health insurance in Thailand worth it? Real costs vs risks explained
Thailand has a strong healthcare system with both public and private options. Public hospitals offer affordable care, but many people, including expats, choose private health insurance for faster service, modern facilities, and more treatment choices. To decide if private health...
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Krungsri delays new credit lines amid US tariff uncertainty
Companies are delaying the utilisation of new credit lines due to waiting for further clarification on US tariffs following the recent announcement of a 90-day suspension period, as reported by a Bank of Ayudhya (Krungsri) executive. Prakob Phiencharoen, who leads Krungsri’s corporate and investment banking group, stated that the bank is maintaining vigilance over corporate loan demand for the rest…
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Top Thai vending brand to blend fresh fruit smoothies
Forth Vending Co Ltd, which operates Tao Bin smart beverage vending machines, intends to procure fresh fruit directly from farmers to enhance its smoothie and juice range. Wittayakorn Maneenetr, Director General of the Department of Internal Trade (DIT), expressed that the department is advancing the government’s fruit management strategy for the 2025 harvest season. To stabilise fruit prices and boost…
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Thailand plans e-commerce laws to curb foreign dominance
A Senate committee is set to propose guidelines in the draft of the Platform Economy Act to tackle the dominance of foreign companies in Thailand’s e-commerce sector. Eakchai Ruangrat, the first Vice-Chairman of the Senate committee on commerce and industry, stated that this initiative aims to restore the country’s digital sovereignty. He made these comments during a recent e-commerce seminar.…
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Thai Airways’ comeback plan takes flight
Following a comprehensive business rehabilitation, Thai Airways International (THAI) has launched its Fly for the New Pride campaign, as it anticipates resuming trading on the Stock Exchange of Thailand (SET). The airline now operates with reduced debt and new revenue streams. Celebrating its 65th anniversary, the airline has lowered its liabilities from approximately 400 billion baht to around 80 billion…
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Thai state banks urged to bolster export businesses amid US tariffs
State-owned financial institutions are encouraged to implement measures to aid export businesses and the supply chain. During a policy briefing yesterday, May 15, Finance Minister Pichai Chunhavajira highlighted the impact of US reciprocal tariffs, predicting a two-year challenge for domestic businesses, particularly those involved in exports. Pichai urged these financial institutions to expedite the introduction of support measures, especially for…
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Thailand’s tourist trade rocked by tariff-ic blow
Thailand’s tourist trade is feeling the heat, not from the sun, but from a chilly global economy and punishing US tariffs that are sending shockwaves all the way to Bangkok’s hotel lobbies. Thailand’s hotel sector is bracing for a rough ride as fewer foreign visitors and shrinking wallets threaten to slash spending, spark price wars and pile pressure on operators,…
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True grit: New boss vows comeback cash in 100-day dash
True Corporation chief Sigve Brekke has hit the ground running, setting out a bold 100-day plan packed with promises of profit, digital dominance, and even a long-overdue payout to shareholders. Brekke, who took the reins as group chief executive in March, is banking on data, discipline and dividends to spark a revival at the telecom titan, following its blockbuster merger…
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Baht out of luck: Thai currency slips as greenback flexes muscle
The Thai baht is wobbling once again, with currency watchers bracing for a further slide this week as the mighty US dollar gathers steam following a temporary pause in the US-China tariff war. Analysts say the baht could weaken to as low as 33.80 per dollar in the coming days, as uncertainty lingers despite a fleeting boost in global market…
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China slump no drag-on for Phuket, says property tycoon
Fears that China’s economic slowdown could batter Thailand’s tourist trade have been brushed aside by a luxury property boss, who insists Phuket is still booming thanks to big spenders from elsewhere. Phuket’s posh property scene is still sizzling despite fewer Chinese tourists hitting the island and one property mogul reckons it’s all just a blip. Allan Zeman, chairman of the…
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Thailand Post ends talks with Chinese firm over joint venture
Thailand Post, a state-run logistics enterprise, has terminated year-long negotiations with a Chinese logistics firm over a joint venture that failed to deliver anticipated benefits. The discussions aimed to boost Thailand Post’s logistics volume between the two markets, influenced by the prevalence of Chinese products in the local e-commerce sector. Thailand Post President Dhanant Subhadrabandhu stated that the joint venture…
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Thailand and Bangladesh to advance free trade agreement talks
Previously, on May 8, Thai Commerce Minister Pichai Naripthaphan met Bangladeshi Ambassador Fayaz Murshid Kazi to discuss advancing free trade agreement (FTA) negotiations between the two nations. Following a joint declaration of intent, senior officials will engage in online discussions to outline expectations and scope, aiming to formally initiate negotiations this year. Thailand has expressed its support for Bangladesh, the…
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Thailand and Australia boost trade ties amid new vehicle standards
Thailand and Australia are working to enhance sustainable and stable regional trade, aiming to boost the value of automotive exports and maintain Thailand’s status as Australia’s leading exporter of pickup trucks. Commerce Minister Pichai Naripthaphan discussed these objectives after meeting with Australian Ambassador Angela Macdonald at her Bangkok residence on May 7. A significant topic addressed was Australia’s New Vehicle…
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White Lotus filming fails to boost southern Thailand hotel tourism
Hotels in southern Thailand have yet to see any significant impact from the filming of The White Lotus HBO series in the country. The global economy’s volatility and safety concerns have influenced potential tourists’ decisions. Bill Barnett, managing director of C9 Hotelworks, a hospitality consultancy in Phuket, reported that despite the popularity of White Lotus Season 3, which aired on…
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Thailand’s solar rooftop market to see growth amid falling prices
The solar rooftop market in Thailand is poised for increased competition, driven by decreasing prices, a rise in supply from manufacturers, and government initiatives to promote renewable energy. EnergyLIB, a solar energy solutions provider, has introduced a solar system for townhouses, while a consortium including German cable manufacturer Lapp Holding Asia, Hong Kong-based industrial conglomerate Jebsen and Jessen Group, and…
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Thailand boosts fruit distribution to counter declining prices
The Thai Commerce Ministry is tackling the issue of declining fruit prices by accelerating the distribution of 950,000 tonnes of produce both within Thailand and abroad. Commerce Minister Pichai Naripthaphan stated that the ministry is collaborating with various organisations to manage the surplus of fruit through measures encompassing production, marketing, export, processing, and trade facilitation. The aim is to distribute…
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Bitcoin tipped to smash US$100k as crypto bulls charge ahead
Bitcoin is gearing up for a six-figure breakout, with crypto watchers boldly predicting the world’s biggest digital coin could hit a jaw-dropping US$100,000, even as the US central bank holds fire on interest rate cuts. Despite the Federal Open Market Committee (FOMC) likely keeping rates steady this week, optimism is soaring among investors, thanks to heavyweight institutions snapping up spot…
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Inflation tops concerns as Thai citizens urge government action
Consumer price inflation has emerged as the foremost concern among citizens, according to a survey by the National Statistical Office. The poll, which included families with members aged over 18, revealed a strong demand for government action on rising consumer costs as the Paetongtarn Shinawatra administration approached its six-month mark on March 12. Government spokesperson Jirayu Houngsub reported that 86%…
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Thailand to ease foreign business rules, boosting investment appeal
The Commerce Ministry intends to streamline business registration by excluding 10 service businesses from List 3 of the Foreign Business Act. This move aims to boost investment within the nation. Auramon Supthaweethum, the Director-General of the Department of Business Development (DBD), indicated that the ministry evaluated the service businesses on List 3 to adapt to evolving economic conditions. List 3…
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Thailand hotel prices soar, low season sparks price war fears
Room rates experienced a significant rise during the recent tourism High Season, drawing criticism from travellers who perceived Thai hotels as more costly than those in neighbouring countries. As the low season now takes hold, some hoteliers express concerns over potential price wars due to reduced arrivals. Thienprasit Chaiyapatranun, the president of the Thai Hotels Association (THA), reported that the…
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Thailand mulls motorcycle cut amid China slowdown, US tariff fears
The Federation of Thai Industries (FTI) is contemplating a reduction in Thailand’s motorcycle manufacturing target, despite an increase in production in the first quarter of this year. The decision arises from a sluggish domestic economy, decreased foreign tourist arrivals, especially from China, and uncertainties linked to US President Donald Trump’s tariffs. Surapong Paisitpatanapong, vice-chairman of the FTI and spokesperson for…
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