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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What makes some online activities a big hit in Thailand
Thailand has become one of the most digitally active countries in Southeast Asia. The internet is a part of everyday life for millions. From entertainment to shopping, people in Thailand are using their phones and computers for a wide variety of daily tasks. But some activities online are more notable than others. They grow faster, increase in number of users,…
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Binance eyes Thai crypto tourists in new baht conversion push
Binance TH is exploring local partnerships to join a new Thai initiative allowing foreign tourists to convert digital assets into baht during their visits. Binance Thailand, the local arm of the world’s largest cryptocurrency exchange, is gearing up to join the government’s TouristDigiPay programme, a digital finance sandbox designed to let foreign tourists convert crypto into Thai baht for spending…
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Energy minister pushes ahead with hydrogen and nuclear strategy
Thailand’s Energy Minister Auttapol Rerkpiboon says he will pursue long-term clean energy projects, including hydrogen and nuclear development, despite the limited time under the current government’s term. Speaking yesterday, November 9, Auttapol said he aims to lay the groundwork for initiatives that may not be completed before the administration steps down. Prime Minister Anutin Charnvirakul has pledged to dissolve Parliament…
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Thailand’s new alcohol law fines customers for drinking after hours
Thailand’s updated Alcohol Control Act, which came into force on November 8, came into effect with confusion and criticism from business operators, tourists and the hospitality industry, as the law introduces penalties not only for sellers but also for drinkers consuming alcohol outside permitted hours. Under the revised Alcohol Control Act (No. 2), B.E. 2568, consumers can now be fined…
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Thailand’s tourism tax stalled again despite 11 billion baht potential
Thailand’s plan to introduce a tourist tax for foreign visitors remains stalled due to political delays, despite full readiness and strong industry backing. Initially backed by the National Tourism Policy Committee in February 2023, the fee would charge inbound travellers 300 baht by air or 150 baht by land or sea, applying only to overnight visitors. Despite its potential to…
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Vietjet goes green with SAF as jet delivery hits more delays
A budget airline has begun using sustainable aviation fuel on select routes while facing delays in new aircraft deliveries due to external disruptions. Vietjet Thailand has kicked off its first flights using a blend of sustainable aviation fuel (SAF), becoming the latest low-cost carrier to go green while grappling with delayed aircraft deliveries. The airline launched SAF-powered operations on its…
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Thailand restores Chinese tourist confidence by affirming no-casino stance
The Prime Minister of Thailand, Anutin Charnvirakul, has recently mentioned that the President of China, Xi Jinping, is pleased about Thailand’s decision not to allow regulated gambling in the country. Speaking at Bangkok’s 6 airbase after attending the Asia-Pacific Economic Cooperation meetings that were held in South Korea, Prime Minister Charnvirakul has confirmed that this decision was made with the…
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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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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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Lotus’s and Makro now accept government co-payment scheme
Retail chains Lotus’s and Makro have joined the Khon La Khrueng Plus (Half-Half Plus) co-payment scheme alongside over 10,000 participating vendors across the country, according to an announcement posted on the official Lotus’s Facebook page today, November 3. The co-payment scheme, introduced by the Ministry of Finance in 2020, is designed to stimulate domestic spending and support small vendors and low-income…
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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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Trump and Malaysia sign trade and minerals deals to counter China
Today on October 26, US President Donald Trump and Malaysian Prime Minister Anwar Ibrahim signed a trade agreement and a critical minerals pact in Kuala Lumpur, aimed at enhancing trade across Southeast Asia and countering China’s restrictions on rare earth access. US Trade Representative Jamieson Greer noted that Malaysia would adjust its tariffs and non-tariff barriers, which is expected to…
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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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Thai Revenue Department warns influencers: Pay your fair share
Thailand’s Revenue Department has reminded all earners, including influencers and online sellers, that income from any source must be declared and taxed. The statement comes amid rising scrutiny of high-profile online earners, especially after singer Ratchanok “Janey” Suwannaket made headlines for reportedly raking in hundreds of millions of baht through record-breaking livestream sales. Deputy director-general Panuvat Luangvilai clarified that the…
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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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Thai Airways revamp board with zero-tolerance corruption vow
The Ministry of Finance has confirmed that all 17 nominees for Thai Airways International’s board of directors are seasoned professionals, as the airline prepares for a major leadership shake-up following its return to the stock market. Lavaron Sangsnit, the ministry’s permanent secretary and chairman of the Thai Airways board, assured the public yesterday, October 10, that the selection process is…
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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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Why interactive activities are key in online English classes
Over the last decade, online English classes for kids have evolved from simple video lessons to something far more complex and engaging. Interactive learning experiences are all over the place, and many parents wonder if active participation and gamified experiences are actually preferable to the more classic learning methods. Let’s see what makes interaction a key part of modern online…
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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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