Business News
Stay abreast of the ever-changing Business News in Thailand through our comprehensive coverage of local and international business events, market trends, and economic updates. We provide reliable analysis, in-depth features, and expert insights on the most relevant business stories, including issues affecting Thailand’s stock market, foreign investment, and entrepreneurship. Track the business world’s pulse as we inform you of crucial developments shaping Thailand’s economic landscape.
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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...
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Boats to show at PIMEX 2012 valued at US$50mn
PHUKET: Boats confirmed for display at the Phuket International Boat Show 2012 (PIMEX) have a combined value of more than US$ 50 million (approx 1.5 billion baht). To be held at the Royal Phuket Marina from March 29 to April 1 2012, this ninth edition of PIMEX is organized by Informa Yacht Group. PIMEX brings leading boat brands, yachting products…
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Kings Cup Regatta to generate B600mn for Phuket
PHUKET: This year’s Kings Cup Regatta is expected to rake in 600 million baht for Phuket. Presiding over a press conference to promote this year’s event, Phuket Governor Tri Aukaradacha last week said that this year’s revenue for the province is likely to exceed that of last year’s edition. Noting that last year’s regatta generated about 550 million baht for…
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Phuket Business: Uncertain future for electronic billboards
PHUKET: Commuters in Phuket have witnessed a gradual upgrade in roadside scenery over the last few years. Advertising and media communications are steadily evolving, and many will have noticed traditional print billboards gradually being replaced with animated, digital versions at various traffic junctions around the island. Indeed, the emergence of Light Emitting Diode (LED) technology represents a sign of the…
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Korean tour operators to partner with Phuket
PHUKET: Korean honorary consul Tossaporn Thepabutr recently warned local officials to prepare for an influx of Korean tourism operators coming to set up shop in Phuket. “More Korean company owners are looking at moving their operations to Phuket because of the floods in Bangkok. Phuket is considered much safer,” he said. “Many Korean businesses will join Thai operators to form…
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Dewa Phuket wins 7 awards
PHUKET: Dewa Phuket, the boutique resort at Nai Yang beach, bagged seven awards at the ‘2011–2013 Hospitality Asia Platinum Awards’, or HAPA. The HAPA Southeast Asian regional ceremony, which took place on November 17 and 18 in Singapore, welcomed hospitality sector representatives from Thailand, Singapore, Indonesia, Malaysia, Vietnam, and the Philippines. Created by World Asia Publications in 2002, HAPA recognizes…
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Experts call for consistency with “Brand Phuket’
PHUKET: The Greater Phuket chapter of the American Chamber of Commerce (AMCHAM) last night held a meeting to discuss the history, evolution and future of “Brand Phuket”. Hosted at the Anantara Resort in Mai Khao, discussions of the island’s brand were fueled by inspirational presentations by marketing communications expert David Johnson and brand guru David Keen. Also in attendance were…
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Phuket Business – Looking forward to 2012
PHUKET: Walking into my local shopping center yesterday I was amazed to see Christmas decorations adorning the shops and general surroundings. A quick check of the date on my watch and I realized that although the trees, baubles and tinsel were a trifle early, it certainly was closer to the holidays than I had imagined! This gave me food for…
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THAI Phuket flights operating as usual
PHUKET: Thai Airways International (THAI) is still operating its full schedule of regular flights between Bangkok and Phuket – for now. An officer from the ‘Enterprise Communication Department’ of THAI, asking not to be named, told the Phuket Gazette, “I have yet to receive any news about reductions in flights to Phuket.” Her statement was in response to a report…
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Luxury car imports into Phuket steady
PHUKET: Despite global economic turmoil, the luxury car import business continues to perform well in an expanding domestic market. Saksri Kerdphol, General Manager of Phuket’s premier foreign automobile dealer and servicer AutoExpress, speaks exclusively with the Gazette about foreign cars and the import market trends in Phuket.Phuket Gazette: How would you describe AutoExpress clients? Who is your main target group…
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Phuket Tourism Update: TAT mounts global push
PHUKET: The Thai Hotels Association (THA) and the Tourism Authority of Thailand (TAT) will kick off a global campaign in December to woo back tourists to Phuket and other destinations in the aftermath of the flood disaster.The campaign is set to run from December 15 until January 15, 2012, with THA members across the country, mostly three and four star…
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Phuket urged to prepare for “Korean wave’
PHUKET: As the Andaman Travel Trade 2011 expo continues today at Phuket Rajabhat University, Korean honorary consul Tossaporn Thepabutr has warned local officials to prepare for a huge influx of Korean tourism operators coming to set up shop in Phuket. “More Korean company owners are looking at moving their operations to Phuket because of the floods in Bangkok. Phuket is…
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Phuket’s Andaman Travel Trade expo draws thousands
PHUKET: Thousands of visitors turned out for the opening day of the Andaman Travel Trade 2011 yesterday. The bustling event, held with the aim of linking tour operators with businesses throughout Thailand’s six provinces along the Andaman seaboard, continues today at the Convention Hall at Phuket Rajabhat University. Attending this year’s event are 302 tourism operators from 28 countries and…
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Island View – Fighting for British pensions in Phuket’s paradise
PHUKET: Your signatures are needed to end the unfair frozen overseas pension policy of the British government. Some of you may not be aware that when a United Kingdom state pensioner retires to live abroad in certain countries their pension is frozen and they do not receive annual cost-of-living increases. There are over half a million of these pensioners affected…
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Phuket Lifestyle – jury is still out on litigation funding
PHUKET: One very exciting new asset class available to individual investors that I have been looking into is litigation funding. When I first heard about some notes attached to this I thought it sounded too good to be true and dismissed it, but as sometimes is the case, extraordinary opportunities can arise. The asset class is currently only accessible via…
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