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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Digital nomading in Chiang Mai? What US$1,000 a month really gets you
Chiang Mai has become a popular destination for digital nomads due to its low living costs, rich culture, and active remote work community. The city offers affordable housing, tasty food, reliable internet, and many co-working spaces, making it a great...
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Community at the core of success for Natthakanya ‘Apple’ Saengpho
PHUKET: It’s been a stellar year – and then some – for Natthakanya ‘Apple’ Saengpho, CEO of the Paradise Group. Andara Signature – the latest project from Andamandara Development, the company she runs with Dr Allan Zeman – won best Phuket villa development, best Thailand villa development, best residential architectural design and best landscape architectural design at the Thailand Property…
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Business Buzz: Social media year in review
PHUKET: This has been a big year for social media, so I thought it worthwhile to review some of the interesting facts and figures. Facebook, Twitter and LinkedIn in the United States were the leading platforms, and the amount of time, effort and money spent in social media marketing has risen rapidly. Social media are now well and truly established,…
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Finance: Market crash or merely correction?
PHUKET: The recent market volatility and media hype surrounding it may have you panicking that another stock market crash (or bear market) is coming. After all, there are serious geopolitical and economic concerns ranging from a migrant crisis in Europe, to Putin on the march in Eastern Europe and Syria, to concerns about the overall health of the Chinese economy…
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China base rakes in FIT market for Phuket
PHUKET: It is easy to get caught up with how the hospitality industry in Phuket should adjust to a shift in source markets toward a dependency on China. But what is forgotten is that it’s not just Phuket – it’s a worldwide phenomenon that requires the industry to adopt new marketing strategies and platforms. “Chinese outbound travel is a key…
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Finance: Reduce risks while playing market
PHUKET: I am asked all the time, by those who know I am patiently waiting for the next crash to re-enter equity markets, if there is some way they can participate now while reducing downside risk. If we are talking about funds that will need to be liquidated any time within the next five or ten years, I would say…
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Business Buzz: Marketing is Key
PHUKET: Thereare a couple of fundamental truths in business. Generally speaking, people are in business to make money, and to make money you need customers, because they are the people with the money. Yet many business owners focus on a variety of other activities that they believe to be more important than marketing. You may have the best product in…
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Finance: Is Priceline right for your portfolio?
PHUKET: Growth stocks can power your portfolio to new highs, with one such stock being the Priceline Group Inc (NASDAQ: PCLN), which can also double as your one-stop online destination to serve all of your travel needs. Priceline.com is the Priceline Group’s flagship hotel and airline travel site, with the company’s other brands including Agoda.com, Booking.com, Kayak.com, Rentalcars.com and OpenTable.com…
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Staying afloat in a niche market
PHUKET: Business that are called ‘labors of love’ are referred to this way because the profit margins, if any, don’t justify the investment. Nonetheless, these business – often small retailers – are the building blocks of unique communities. So is the case with Longtail Paddlesurf Co Ltd. Though the sport of standup paddleboarding (SUP) is still in its infancy in…
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Finance: Going back to basics
PHUKET: This is something I often write about but so often find ignored by what is done in practice. When it comes to planning your financial future, there are only a few basic principles that you really need to follow. As long as you stay within these guidelines, you can make the odd mistake and still easily recover. The first…
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Methods of developing sustainable growth
PHUKET: In six months, Thanyapura has doubled web traffic and engagement with our audience. But how did we do this? Is it possible for anyone to do so? These are all questions we were asking several months ago when we turned a corner in our marketing efforts and began to look at different strategies to make sure we saw growth,…
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Business Buzz: Just Google it
PHUKET: All business people tend to have a lot of questions each day about how to do this, what is the best way to do that, where can I find this and so on. More often than not, these questions go unanswered and so the problems remain unresolved and our business is no better off. But what if we could…
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Finance: Growth or value stocks, that is the question
PHUKET: Many investors do not understand the differences between growth stocks and value stocks, with the latter often being synonymous with Warren Buffett, the disciple of Benjamin Graham, who’s classic 1949 book The Intelligent Investor is considered the value stock investing bible. GROWTH STOCKS Growth stocks tend to be high-quality stocks of successful companies whose earnings are expected to continue…
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Business Buzz: Learning from industry leaders
PHUKET: While recently I talked about focusing on your customer, not your competitor, it is also a very good idea to see what the leaders in your industry are doing and get creative ideas and inspiration from the best. If you are a small to medium enterprise, then there is a very high chance that you do not have a…
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Finance: Untangling international pensions
PHUKET: I have never had so many questions and so many misunderstandings of the current options with regard to pensions for international expats as have arisen over the last year. It doesn’t help that governments are changing their rules faster than ever. Today I will give a brief overview of the current situation for UK expats. First I will address…
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Hyperlocal taxi situation to grab market
PHUKET: Myteksi, an on-demand taxi booking service in Malaysia, quickly diversified its branding and services offered by successfully expanding throughout Southeast Asia. MyTeksi remains the leading taxi-booking application in Malaysia, but is better known in Phuket, and much of the rest of the region, as GrabTaxi. The company continues to work hand-in-hand with local government offices, after garnering the support…
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Business Buzz: Earn extra income with affiliate marketing
PHUKET: Affiliate Marketing is where people earn commissions by marketing and promoting other people’s products. This has become very popular in the online world, as people who have the expertise at creating products often do not possess the desire or the marketing skills or, often, the budget required to market them properly. Depending on the platform or organization, the commission…
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Banyan Tree, Angsana Laguna Phuket announces new director of marketing and communications
PHUKET: Nampetch ‘Nikki’ Tipaxsorn has taken up the position of director of marketing and communications for Banyan Tree and Angsana Laguna Phuket. In her new role, Ms Nampetch will manage all marketing and public relations activities, including marketing strategies to generate revenue and brand awareness for both properties. Ms Nampetch has more than 15 years of experience in both sales…
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Organic Corn Farm promotes agritourism on Phuket
PHUKET: Though agricultural tourism hasn’t really developed enough to make it a serious market segment on the island, that hasn’t stopped the government push for exploring yet another avenue for revenue. In 2014, then Phuket Governor Maitri Inthusut threw his weight behind elephants, goats and pineapples in hopes of seeing growth in Phuket agritourism and its One Tambon One Province…
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Business Buzz: Target your customer, not your competitor
PHUKET: We see it all the time in marketing, company X trying to prove they are better than company Y, engaging in tit-for-tat marketing and social media battles trying to out-compete the competition. Now, while there is the theory that any publicity is still beneficial, I would argue it is far better to engage your potential customers directly and build…
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Finance: Neil Woodford, financial genius?
PHUKET: I know this has been written about in other media already, but as this fund and its manager have a great track record and I believe we are nearing a sale in stocks, it is a good discussion to review. For those of you who don’t know the fund or manager, Neil Woodford ran the Invesco Perpetual Income Fund…
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Business Buzz: Quick tips to increase results
PHUKET: One of the biggest issues businesses have with online marketing is attracting eyeballs to their content. It doesn’t matter how good your website or social media content is if no one sees it. So the secret to getting much better results is to get your content seen. Here are five quick tips on how to increase your results with…
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Finance: Stocking up on stocks
PHUKET: Market corrections like the one that started last August are never times to completely abandon the stock market. Instead, they are great opportunities to buy quality stocks with strong fundamentals and technical charts, that should emerge higher once the correction is over. For that reason, you should consider adding the following stocks to your market correction shopping list because…
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CFA dips into feline health care sector
PHUKET: The team behind the Chaofa Andaman (CFA) Pet Hospital has stepped forward to corner the feline segment of the pet healthcare market by opening Thailand’s first-ever cat-specific hospital next to their existing business on Chaofa East Road in Chalong. Open since July 2010, CFA Pet Hospital grew increasingly aware that cats were more stressed than other animals while visiting…
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Business Buzz: Facebook goes beyond “likes’ to “Reactions’
PHUKET: After many people asking for it, and rumors abounding as to how it will work, it is finally here: Facebook has announced a trial in Ireland and Spain for a new series of emoji called ‘Reactions”. Users now have the choice to rate posts with ‘like’, ‘love’, ‘haha’, ‘yay’, ‘wow’, ‘sad’ or ‘angry’, quite similar to the emoji responses…
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Laguna Tri-Fest draws Chinese numbers
PHUKET: Rising Chinese numbers at the Challenge Laguna Phuket Tri-Fest bodes well for years ahead, as the classic Phuket event looks to generate more than 90 million baht this year. “In the past two years, we’ve seen more than 50 per cent growth [in the number] of athletes from China, both at the Laguna Phuket International Marathon in June and…
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Business Buzz: Test to see if social media will work for your business
PHUKET: One of the most common objections people have about using social media is that, while they understand it works for other people, they think their business is different and it will not work for them. So I have put together a quick test to see if social media would benefit you: Do you have a website?Do you need more…
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Investment strategies for large sums of cash
PHUKET: Consider the following investing dilemma: You have recently received a large sum of money (from a pension payout, inheritance, the sale of property or a business) and you want to put this money to work for you. However, interest rates and returns on what are considered to be the safest investments (for example US and European bank deposits and…
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Sound advice on retiring rich and young
PHUKET: This last weekend I had the pleasure of attending a seminar from one of my business partners whom most Thai readers would be familiar with. They may not know, however, the extent of the business success that Paul Pattrapon has had outside of the limelight of being a Thai superstar. On top of singing, modeling, acting in soaps, hosting…
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Finance: Dodge a crash with right investment
PHUKET: For those of you who have been reading my columns for some time now, you probably know that I am not the biggest fan of the stock market at the moment. You may think I am an idiot because I have spent years waiting patiently for the next crash while the markets continue to march on to new highs.…
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Business Buzz: Value in organic search results
PHUKET: While I believe that because of Social Media (Optimization), Search Engine Optimization (SEO) itself is becoming less relevant, there is no doubt it is still important to get organic search results, especially with Google and YouTube, by far the leading search engines. Although the algorithm for ranking is constantly changed by Google, it is possible to analyze trends and…
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