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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UK sanctions hit Thai firms over Russia war links
The UK has sanctioned four Thai companies for allegedly aiding Russia’s war in Ukraine, prompting Thai authorities to warn businesses of reputational risks. Thailand’s Department of Foreign Trade (DFT), under the Ministry of Commerce, confirmed the development following an announcement by the UK Foreign, Commonwealth & Development Office (FCDO). The UK’s latest round of designations targeted 39 individuals and entities…
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Thailand to slap import duties on all low-value online goods
Thailand’s Customs Department will begin imposing import duties on low-value online goods to boost revenue and support fair competition for local businesses. The move, aimed at levelling the playing field for local businesses, will target goods previously exempt from import duties and applies to any item valued under 1,500 baht, even those costing just 1 baht. Phanthong Loykulnanta, director-general of…
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DHL powers up Thailand’s first solar-run logistics hub
Thailand has taken a major step toward green logistics as DHL opened its first fully solar-powered facility, aiming to boost sustainable trade in Southeast Asia. The new Bangna Sustainable Logistics Centre, launched by DHL Supply Chain Thailand, is the logistics giant’s first global facility powered entirely by on-site solar energy. Backed by a 1.39 billion baht investment, the site showcases…
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Thai firms hunker down as 2026 outlook remains gloomy
Thai business leaders have warned that the economy will remain sluggish in 2026, urging companies to focus on cost control and avoid risky strategies. At a recent seminar hosted by DailyNews, Pun Paniangvait, general manager of Thai President Foods Plc, maker of the popular Mama instant noodles, painted a cautious picture of the year to come. He pointed to declining…
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Co-payment scheme boost sends Thai shop sales soaring 80%
Sales at government-backed Thong Fah shops have surged by 80% after the launch of a subsidy scheme aimed at helping Thais afford essential goods. Witiya Manee-net, Director of the Department of Internal Trade, confirmed the spike during a recent inspection of a Thong Fah outlet, Kitsawat store, located on Samakkhi Road in Nonthaburi’s Mueang district. “The response from locals has…
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Thailand sets sights on sky-high role as aviation powerhouse
Thailand’s transport officials are collaborating with aviation leaders to transform the country into a regional hub for aircraft maintenance and connectivity. The Transport Ministry sets plans in motion to transform the nation into a premier aviation hub for Southeast Asia. The strategy focuses heavily on boosting its maintenance, repair, and overhaul (MRO) sector while redirecting air traffic to ease congestion…
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Thai govt fires up 44 billion baht cash splash to boost spending
Thailand’s government has launched a nationwide co-payment scheme to boost consumer spending and support economic growth in the final quarter of the year. The Khon La Khrueng Plus programme, officially launched today, October 29, aims to boost domestic spending and soften the blow of a projected Q4 slowdown. Finance Minister Ekniti Nitithanprapas said the initiative is expected to lift GDP…
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Thailand eyes 1.2 million US tourists with new flight boom
Thailand is preparing to welcome a surge in tourists from the US, as new flight routes and increased interest in luxury travel drive up arrival forecasts. Tourism Authority of Thailand (TAT) Governor Thapanee Kiatphaibool announced that the country expects nearly 1.2 million visitors from the United States in 2026, an 8% jump from this year. The forecast follows the return…
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Thailand rolls out rice rescue plan to lift farmer incomes
Thailand’s Commerce Ministry announced new measures to support rice farmers by stabilising paddy prices and managing the flow of 14 million tonnes. Wittayakorn Maneenetr, director-general of the Internal Trade Department, said the new strategy could result in an average price increase of 3% to 5% for paddy rice. “This approach is designed to balance supply with market demand and provide…
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Thailand told to aim bigger as tourism rivals surge ahead
Thailand has been urged to set its sights higher, with tourism giant Galaxy Resorts Thailand encouraging the kingdom to target 45 to 60 million international visitors annually between 2030 and 2035. Kevin Clayton, chief brand officer of Galaxy Resorts, said that while Thailand remains a regional favourite, it risks falling behind unless it adapts to fast-changing global tourism trends. “With…
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Thai Airways boosts board, plots fresh flight to recovery
Thai Airways is expanding its board and fleet as part of a major governance overhaul aimed at boosting transparency and competitiveness post-rehabilitation. The airline’s chairman, Lavaron Sangsnit, confirmed the move as part of sweeping changes ahead of a key Annual General Meeting (AGM) in December. The expanded board will include a long-awaited risk management committee, aimed at strengthening oversight of…
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Air Canada partners with HotDeals to offer exclusive Air Canada promo codes for travellers
Toronto, ON – Travellers seeking affordable and convenient flights now have an extra reason to plan their next trip, thanks to Air Canada and HotDeals, a popular online coupon platform. By providing verified Air Canada Promo Codes, HotDeals helps passengers save on both domestic and international flights while enjoying the high-quality service Air Canada is known for. Air Canada: A…
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Forex trading vs stock trading: key differences
When it comes to financial marketplaces, two of the most sought-after options for investors and traders are the stock market and the Forex market (where 7 trillion USD are traded daily). They both present a chance for earning a profit, but they work in particularly distinct ways. It’s important for anyone who’s considering where they should invest time, effort, and…
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KEX Express delists from SET but vows business as usual
KEX Express announced its voluntary delisting from the Thai stock exchange, assuring customers and partners that operations and services will continue as normal. The final trading day for KEX shares was yesterday, with the delisting taking effect today, October 15. This move follows a successful tender offer by its majority shareholder, SF International Holding (Thailand) Co Ltd (SFTH), which now…
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‘Half-Half Plus’ kicks off with cash boost for Thai vendors
Thailand has launched vendor registration for a new subsidy scheme aimed at boosting small businesses and consumer spending across the country. Deputy Prime Minister and Finance Minister Ekniti Nitithanpraphat kicked off merchant registration for the highly anticipated Half-Half Plus scheme (คนละครึ่งพลัส) today, October 15. The programme, designed to breathe life back into Thailand’s sluggish economy, aims to inject a whopping…
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Closest legal casinos to Thailand: where to go if you want to play offline
If you’ve found yourself in the middle of your vacation in Thailand with a bit of extra cash and a lot of free time, you might want to blow off some steam in a local casino. Well, that’s gonna be a bit tricky. Although Thailand is globally considered a free-for-all for many things, gambling, both online and in-person, is just…
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Thailand bets big on solar to fast-track net-zero goal
The Energy Ministry has unveiled an ambitious 720-billion-baht investment drive to accelerate Thailand’s transition to clean energy, aiming to hit net-zero emissions by 2050, 15 years ahead of its previous target. Part of the government’s Quick Big Win campaign, the initiative prioritises solar power, carbon capture storage (CCS), and economic revitalisation. Energy Minister Auttapol Rerkpiboon said that the campaign will…
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Thailand aims to boost gaming sector with new industry law
Thailand is set to join Japan, South Korea, and China in formalising its digital gaming industry as the Game Industry Act edges closer to becoming law. The bill, drafted by the Digital Economy Promotion Agency (DEPA), is gaining traction under the newly appointed Digital Economy and Society (DES) Minister, Chaichanok Chidchob, who has expressed strong support for the country’s fast-growing…
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Bank of Thailand to roll out white-label ATM licences next year
The Bank of Thailand (BoT) is preparing to issue new business licences for white-label automated teller machines (ATMs) next year, aiming to expand access to financial services and promote inclusion across the country. The new licensing scheme, part of the BoT’s Financial Landscape 2025 framework, will allow both banks and non-bank operators to install and operate ATMs under their own…
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Baht holds steady as US shutdown spooks global markets
Thailand’s central bank reassured the public that no irregularities have been seen in local markets after the US shutdown triggered global financial jitters. The shutdown, which began after the US Senate failed to approve a temporary spending bill, has unsettled international markets and raised concerns over delayed economic data critical to the Federal Reserve’s monetary policy decisions. Yesterday, October 1,…
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Suvarnabhumi flies high with booming flights and upgrades
Suvarnabhumi Airport has reported a rise in flights and passengers, as officials reveal strong growth and outline expansion plans for the year ahead. The airport has recorded a strong recovery in air travel, with 58.10 million passengers passing through its gates in the first 11 months of fiscal year 2025 (October 2024 to August 2025). Kittipong Kittikachorn, General Manager of…
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Thailand’s border trade plunges 23.6% in August as Cambodia market collapses
Thailand’s border trade dropped 23.6% in August to 63.9 billion baht, with trade with Cambodia almost collapsing, falling 99.9% to just 10 million baht, according to the Department of Foreign Trade (DFT). Arada Fuangtong, director-general of the DFT, said combined border and transit trade in August reached 150.1 billion baht, down 3.1% year-on-year. Exports stood at 75.05 billion baht, while…
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Malaysia strengthens halal economy through digital ecosystem and partnerships
Malaysia has positioned itself as a major force in the global halal economy by building a strong digital halal ecosystem that provides financing, advisory services, and business intelligence to help local SMEs expand abroad. This model, which underpins Malaysia’s success in exporting halal products, is now being adapted to support neighbouring Thailand in strengthening its own halal sector. Malaysia and…
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Thais urged to check credit yearly and escape debt traps
With debt hanging over many Thai households, financial experts are urging citizens to take control, starting with a yearly credit check and smart planning. The National Credit Bureau (NCB) is encouraging Thai citizens to review their credit reports annually to monitor their debt and prevent financial fraud. The advice comes amid rising concerns over Thailand’s high household debt, which now…
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Ex-Thai Airways boss: Ditch all govt shares or risk relapse
A former Thai Airways executive has urged the government to sell its remaining shares, warning that political control could derail the airline’s recovery. Banyong Pongpanich, a former board member of Thai Airways International (THAI), called on the government to sell its remaining shares in the airline, insisting that only full privatisation can protect the company from sliding back into bureaucratic…
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Young Thais drive fashion and beauty boom in local market
A nationwide survey found Thai consumers still favour local food and drink, while younger shoppers are driving growth in beauty and fashion products. The nationwide poll, carried out in August by the Trade Policy and Strategy Office (TPSO), gathered responses from more than 5,400 people across income groups and regions. It found that food and beverages remain the most popular…
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Thai rice steals the show at Australia food expo
Thai rice gained fresh recognition in Australia after a government campaign at a major Sydney food expo drew thousands of visitors and strong consumer interest. The event, held in Sydney from September 8 to 11, attracted more than 2,000 visitors to the Thai booth, where the spotlight was firmly on Hom Mali rice. According to Department of Foreign Trade (DFT)…
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Thailand finance chief vows to steady baht, probe gold trade
Thailand’s incoming finance minister pledged to work with the central bank to stabilise the baht and investigate irregular capital flows and gold trading. Ekniti Nitithanprapas, who is set to take office as finance minister, made the pledge after Prime Minister Anutin Charnvirakul met with Thai Chamber of Commerce chairperson Poj Aramwattananont yesterday, September 18. Ekniti said he had already begun…
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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,…
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How to use forecasts in forex news trading
Successful Forex trading entails doing something other than looking at real-time action prices. While forex news does feature prominently in the determination of currency markets, a secret to trading that most forget is that markets move not only on real data, but also on how data is in relation to values that are predicted. Forecasting is core to this, and…
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