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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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    Why 8 Atelier Residence is poised for growth: Phuket’s investment hotspot in the making

    Phuket’s residential real estate market is no longer defined only by beachfront villas and short-stay resort condominiums. The island is now seeing sustained interest from international investors targeting long-term yields, capital stability, and access to full-scale lifestyle infrastructure. Looking at...

  • Thai travellers offered 50% off flights to China for Songkran | Thaiger

    Thai travellers offered 50% off flights to China for Songkran

    Chinese travel agents are pulling out all the stops to fill planes over the Songkran holiday, offering Thai tourists cut-price tickets to the mainland in a desperate bid to claw back losses after a dramatic drop in Chinese visitors to Thailand. Some tour operators are slashing fares by up to 50%, flogging unsold flight tickets at bargain rates rather than…

  • Gambling legality in Thailand | Thaiger

    Gambling legality in Thailand

    Thailand’s tourism industry has been going through a bit of a renaissance, with visitors flocking from all over Europe, America, and Asia. Many come to experience the authentic Thai culture, see the incredible sights, and learn something more about the country’s fascinating history. Many of the visitors, however, are gambling fans, who’d like to play a hand or two. But,…

  • Nestlé challenges Thai court ban on Nescafé production | Thaiger

    Nestlé challenges Thai court ban on Nescafé production

    Nestlé has expressed concern for small business owners following a court order prohibiting the production and sale of Nescafé in Thailand. The company is preparing to file an appeal after Chalermchai Mahagitsiri, a shareholder in Quality Coffee Products Co., Ltd. (QCP), sought a temporary injunction. Yesterday, April 9, a report detailed that Chalermchai initiated legal proceedings at the Min Buri…

  • Fizzy drink giants face sugar tax squeeze as sweet crackdown kicks in | Thaiger

    Fizzy drink giants face sugar tax squeeze as sweet crackdown kicks in

    Thailand’s fizzy favourites are feeling the pinch as a new sugar tax kicks in, forcing beverage makers to cut the sweet stuff or cough up more cash. Beverage chiefs and sweet drink producers have been slapped with a sour surprise as the Finance Ministry rolls out the latest phase of Thailand’s sugar tax crackdown, pushing firms to trim the sugar…

  • Why you should always buy Instagram followers | Thaiger

    Why you should always buy Instagram followers

    You want more people to see the content you’ve spent days creating? You should buy Instagram followers. You want an Instagram presence that’s large enough to attract paid sponsors for your posts? You should buy Instagram followers. You want to build a social media community of users in your small business’ target audience, or you want to build brand awareness?…

  • Thai stock market tumbles amid US tariff concerns | Thaiger

    Thai stock market tumbles amid US tariff concerns

    The Stock Exchange of Thailand (SET) today experienced a significant drop in share prices amid concerns over a potential trade war following tariff increases by the US government. The SET Index fell by 42.30 points or 3.76%, reaching 1,082.91 shortly after opening. The Thai market resumed trading after a three-day break, while other global markets were unsettled yesterday, April 7,…

  • Watt’s next: Thailand powers up for electric vehicle revolution | Thaiger

    Watt’s next: Thailand powers up for electric vehicle revolution

    Thailand’s government is committed to transforming the nation into an electric vehicle (EV) manufacturing hub, with a policy focused on stimulating demand to encourage consumer adoption. Deputy Finance Minister Paopoom Rojanasakul emphasised the importance of building a domestic EV supply to meet this demand. The government has shifted from internal combustion engine (ICE) vehicle production to an EV focus through…

  • Thai Airways expands fleet with 45 Boeing dreamliners | Thaiger

    Thai Airways expands fleet with 45 Boeing dreamliners

    Thai Airways International (THAI) has confirmed that fleet expansion is a key part of its strategy, with the airline set to procure 45 Boeing 787-9 Dreamliners as part of a major deal to increase its aircraft numbers and strengthen ties with the United States. In a bold move aimed at both modernising its fleet and supporting Thailand’s trade negotiations with…

  • Excise crackdown: 2.7 billion baht fines for tax evasion surge | Thaiger

    Excise crackdown: 2.7 billion baht fines for tax evasion surge

    The Excise Department has been directed to swiftly enforce a zero-tolerance policy on excise tax evasion, focusing on breaches of excise regulations. Deputy Finance Minister Paopoom Rojanasakul emphasised efforts to prevent the smuggling of goods without tax payment, particularly across borders and through online platforms. The department expressed a commitment to prosecuting and taking action against those involved in selling…

  • Baht to the future: Thai currency takes a pounding as US tariffs bite | Thaiger

    Baht to the future: Thai currency takes a pounding as US tariffs bite

    The Thai baht has taken a serious beating, diving to its weakest level in two and a half months, and it’s only set to sink further, after the US threw a financial curveball with a whopping 37% reciprocal tariff on Thai imports. The baht slipped to 34.38 to the dollar yesterday, April 3, with intraday lows hitting 34.44, a rate…

  • Thai construction materials price index hits 112.8 in March | Thaiger

    Thai construction materials price index hits 112.8 in March

    The March 2025 construction materials price index, as reported by Poonpong Naiyanapakorn, Director of the Office of Trade Policy and Strategy under the Ministry of Commerce, rose to 112.8. This marks a 0.5% increase compared to March 2024, continuing a 10-month growth trend. The increase is attributed to accelerated government budget disbursements in the first quarter, driving demand for construction…

  • Trump’s tariff tantrum: US slaps huge levies on world as trade war erupts | Thaiger

    Trump’s tariff tantrum: US slaps huge levies on world as trade war erupts

    Donald Trump has thrown the world into economic turmoil, launching a full-scale trade war by slapping sweeping new tariffs on imports, including crippling levies on key allies. Thailand has been caught in the tariff crossfire too, with officials claiming the nation could suffer an US$8 billion hit if the US were to even up levies between the two countries. Semiconductor…

  • Thailand revamps tourism strategy amid Chinese market slowdown | Thaiger

    Thailand revamps tourism strategy amid Chinese market slowdown

    The Ministry of Tourism and Sports is revising its strategy for the latter half of the year in response to the subdued Chinese market and diminished confidence due to a recent earthquake. A new crisis management team will be established to address these challenges. The ministry plans discussions with a strategy consulting team to guide the Tourism Authority of Thailand…

  • Thailand fast-tracks factory rooftop solar panel revolution | Thaiger

    Thailand fast-tracks factory rooftop solar panel revolution

    Thailand’s solar industry is set to shine brighter as the government launches a one-stop service centre aimed at slashing red tape and supercharging solar panel sales, according to suppliers. With the Cabinet greenlighting the initiative on March 27, the Energy, Interior, and Industry ministries will team up to streamline the approval process for factory rooftop solar installations, eliminating the frustrating…

  • On-job connection: Thai telecom firm cut off in fraud scandal | Thaiger

    On-job connection: Thai telecom firm cut off in fraud scandal

    Thailand’s telecom watchdog has reportedly pulled the plug on K4 Communication Company Ltd, revoking its licence over a multi-million-baht fraud scandal that allegedly left investors high and dry. K4, which operated as a mobile virtual network operator (MVNO) using National Telecom’s (NT) network, was shut down after its executives were hit with arrest warrants for joint fraud, Bangkok Post reported.…

  • Earthquake causes up to 100 billion baht damage, economy unaffected | Thaiger

    Earthquake causes up to 100 billion baht damage, economy unaffected

    Finance Minister Pichai Chunhavajira stated that the recent earthquake damage has not impacted the economy, while reaffirming the government’s commitment to support affected individuals. Reports suggest that up to 5,500 buildings in the capital might have sustained damage, with total financial losses potentially reaching 100 billion baht. Pichai mentioned on March 28, the day of the earthquake, that the ministry,…

  • Bringing home the bacon: Korat businesses struggle as pork prices soar | Thaiger

    Bringing home the bacon: Korat businesses struggle as pork prices soar

    Rising pork prices have left business owners in Nakhon Ratchasima facing daily losses, with some considering closure. They urge the government to fulfill economic promises and address the needs of smaller businesses rather than focusing solely on the wealthy. At a gathering at Rabieng Kiang Nam restaurant in Hua Thale subdistrict, Mueang district, representatives from pork stalls and restaurants discussed…

  • ATTA boss calls for boost to Chinese tourism market | Thaiger

    ATTA boss calls for boost to Chinese tourism market

    The newly appointed president of the Association of Thai Travel Agents (ATTA) is urging the government to ramp up support for marketing initiatives and development to revive the lagging Chinese tourism market. Thanapol Cheewarattanaporn, elected for a two-year term, welcomed the Cabinet’s approval of the draft entertainment complex bill but emphasised the need for strict casino regulations and meaningful employment…

  • Bitcoin to US Dollar exchange rate (BTC/USD) | Thaiger

    Bitcoin to US Dollar exchange rate (BTC/USD)

    Bitcoin (BTC) is the world’s most popular cryptocurrency, and its value against the US dollar (USD) fluctuates significantly. The BTC to USD exchange rate is determined by complex market forces that are influenced by several factors, such as Bitcoin’s supply and demand, US monetary policy, institutional investor demand, and global economic trends. Bitcoin Supply and Demand The price of BTC to…

  • Thailand’s new gambling bill: What it could mean for the country | Thaiger

    Thailand’s new gambling bill: What it could mean for the country

    The conversation around legalising gambling in Thailand has been simmering for years. Now, it’s starting to reach crunch time. On March 27, cabinet members approved the highly debated Entertainment Complex Bill. It could pave the way for casino resorts to operate legally across the country. For a nation where gambling has been mostly outlawed for decades, this bill could represent…

  • Why Thai casinos are embracing Bitcoin: trends and insights | Thaiger

    Why Thai casinos are embracing Bitcoin: trends and insights

    Crypto casinos, in general, and Bitcoin casinos, in particular, have drawn considerable attention in the past few years. However, in many countries, there exists a blanket ban on casinos or gambling. Thailand is one such country where gambling is largely illegal and is allowed in a restrictive manner. In Thailand, gambling was allowed only for horse races and those offered…

  • Trump’s tariff threat stalls Thai car exports | Thaiger

    Trump’s tariff threat stalls Thai car exports

    Thailand’s car manufacturers are hitting the brakes on production as US President Donald Trump’s looming auto tariffs send shockwaves through global trade. On March 24, Trump signalled his intent to slap fresh levies on imported vehicles, set to kick in from April 2, leaving Thailand’s key trading partners hesitant to place orders—especially for petrol-powered cars, said Surapong Paisitpatanapong, Vice-Chairman of…

  • Thaksin wades into Thailand debt storm with bold bailout plan | Thaiger

    Thaksin wades into Thailand debt storm with bold bailout plan

    Former Thailand Prime Minister Thaksin Shinawatra has reignited debate over the country’s mounting debt crisis, urging the government to buy up bad loans to help struggling households. The 75 year old’s proposal? The state should step in, purchase non-performing loans (NPLs) from financial institutions, and wipe debt-ridden individuals off the National Credit Bureau’s blacklist. But not everyone is convinced by…

  • Thai delegation aims for 7.3 billion baht rice deal in South Africa | Thaiger

    Thai delegation aims for 7.3 billion baht rice deal in South Africa

    The Commerce Ministry of Thailand has dispatched a delegation to South Africa to promote Thai rice, aiming to finalise a major export deal valued at approximately 7.3 billion baht. Commerce Minister Pichai Naripthaphan assigned Worawong Ramangkura, Assistant Minister of Commerce, to lead a delegation from March 24 to March 30, including representatives from the Thai Rice Exporters Association, General Mill…

  • Blooming brilliant: Thailand rakes in billions from orchid exports | Thaiger

    Blooming brilliant: Thailand rakes in billions from orchid exports

    Thailand has once again proven its floral dominance, exporting over 5 billion baht worth of orchids in the last two years alone. With demand for Thai orchids flourishing across the globe, the country has cemented its status as the world’s leading exporter of these beautiful blooms. According to the Department of Business Development (DBD), Thai exports of decorative plants from…

  • Tesla leads in Thai EV market with top satisfaction scores | Thaiger

    Tesla leads in Thai EV market with top satisfaction scores

    According to a recent survey by NielsenIQ Thailand, Tesla has emerged as the dominant force in Thailand’s electric vehicle (EV) market, with the highest satisfaction score of 890. The result comes from the Electric Vehicle Ownership Satisfaction (EVOSS) study, which measures consumer satisfaction with battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs). Manenatta Jirasevijinda, Senior Director of Automotive…

  • Tech it to the bank: Thailand’s data boom lures global giants | Thaiger

    Tech it to the bank: Thailand’s data boom lures global giants

    Thailand is quickly establishing itself as a key player in the global digital landscape, attracting major international data centre investments worth over 100 billion baht. The Board of Investment (BoI) reported that existing giants from the US, China, Japan, and South Korea are eager to expand their operations in the country, which is anticipated to exceed last year’s investment levels.…

  • Digital boom: Thailand’s tech economy set for electrifying growth | Thaiger

    Digital boom: Thailand’s tech economy set for electrifying growth

    Thailand’s digital economy is poised to skyrocket this year, with GDP expected to rise by a staggering 7.3% to hit 4.85 trillion baht, according to the Digital Economy and Society (DES) Ministry. This digital surge far exceeds the national GDP growth rate, sitting at 2.8%, totalling 19.2 trillion baht. Digital investment is also on a meteoric rise, predicted to grow…

  • MG shifts gears as Thai pickup production hits the brakes amid slowdown | Thaiger

    MG shifts gears as Thai pickup production hits the brakes amid slowdown

    SAIC Motor-CP has hit the brakes on its Thai pickup truck production. The pause by the Chinese-Thai collaboration producing MG vehicles, comes as the domestic car market takes a downturn, although there’s hope for a reboot once conditions steady. While MG Sales (Thailand) hasn’t disclosed specific production figures for diesel pickups, company Vice-President Pongsak Lertruedeewattanavong reassures consumers. “Pickups aren’t our…

  • High hopes: Thai pilots poised to reclaim skies amid foreign pilot row | Thaiger

    High hopes: Thai pilots poised to reclaim skies amid foreign pilot row

    The Thai Pilots Association (TPA) is quietly optimistic about reclaiming the nation’s skies. Following reassurances from the Civil Aviation Authority of Thailand (CAAT), it’s anticipated that the temporary lift allowing foreign pilots on domestic routes will not stretch on, revealed TPA President Teerawat Angkasakulkiat. “The Cabinet’s resolution, with its vague deadlines, allowed each wet lease agreement to endure for six…