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 Working in Thailand: How expat health insurance protects your career and lifestyle
Starting a career in Thailand can be an exciting chapter, but it also brings unique challenges, especially when it comes to health and wellness. For expats, navigating Thailand’s healthcare system and meeting work permit requirements can be difficult. And while...
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Business Buzz: Is ‘social media’ a fad, or is it forever?
PHUKET: It doesn’t matter where we go today, we are surrounded by social media and its influences. Tweet this, like that, share and like this… Terms we were not familiar with not that long ago are now in common daily language. So is this a passing fad or is the social media craze here to stay, and even more importantly,…
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Finance: Cash in on divergence with some dumb luck
PHUKET: ‘Divergence markets’ are a very interesting topic at the moment with the recent trading action in China. From a technical perspective, the action has been fascinating because the NASDAQ continued to make new highs during the first big leg down in China. This is what is called ‘divergence’, when major markets that have been mainly flowing in tandem for…
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Video Report: Boat Arcade to open next month
PHUKET: With a lot of activities for children and their doting parents, the brand new Boat Arcade, branding itself as the ‘East Coast Edutainment & Family Center’, expects to be a smash hit when it opens its doors next month. The two-storey, high-street style shopping, dining and edutainment complex is dedicated to the island’s international community. Located at the Boat…
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Cruising through “Green Season’
PHUKET: Phuket has been recognized as a world-class cruising destination for many years, with the majority of sailors visiting during the ‘high’ season months. This period is noted for its favorable weather that keep the skies clear, cruising grounds sheltered and beaches packed. However, it is the ‘green season’, from June to October, that is becoming a popular alternative, offering…
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Finance: Get smart with cyber security stocks
PHUKET: The recent New York Stock Exchange (NYSE) trading halt triggered a brief rush into cyber security stocks on renewed fears of yet another serious hack attack. While that incident was apparently caused by a computer malfunction, it shows just how jumpy investors are when it comes to the possibility of a new high-profile hack similar to the one that…
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Business Buzz: Social media automation brings success on a platter
PHUKET: Is your business taking advantage of social media automation? These days, it is easy to get overwhelmed by the number of different applications and platforms that we can choose from on social media. Facebook, Twitter, LinkedIn, Google+, Pinterest, YouTube and Instagram are some of the most commonly known sites, but have you heard of SnapChat, Reddit, Quick-R, Flickr, Picasa,…
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Finance: Providing the best in the business
PHUKET: Following on from my article about the Millennium fund, I am writing this week about some Wall Street legendary fund managers that you can now access with relatively small allocation in a portfolio. Belmont has made its main business out of selecting the absolutely best managers in the world and offering access to them at reduced minimums. While the…
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Kata Group prepares for stock market listing, expansion
PHUKET: Hospitality company Kata Group Resorts is readying to embark on a major new phase of expansion following the appointment of renowned financial consultants Asset Pro Management (APM) Co Ltd. APM will prepare Kata Group Resorts, owner and operator of six resorts in Southern Thailand, for a listing on the Stock Exchange of Thailand (SET) after the hospitality company’s business…
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Business Buzz: The beauty of Instagram
HUKET: Instagram as we know it is changing, but that can be a good thing if you are a business looking to increase your exposure. Instagram is a photo-sharing app that reportedly has more than 300 million monthly users. It is very popular with people born in the 80s and 90s, who account for more than 37% per cent of…
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Finance: Rising interest rates won’t kill REITs
PHUKET: Many investors looking for yields and exposure to real estate have piled into Real Estate Income Trusts (REITs) despite the prevailing investment wisdom being any eventual rise in interest rates will be a disaster for the sector. After all, REITs rely heavily on borrowing to acquire real estate with interest payments on this debt usually being their biggest expense.…
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Finance: Millennium in a league of its own
PHUKET: I have been asked quite a few times by my readers for some of my advice that I actually follow myself, since I often tend to focus in my articles on warnings to stay away from certain asset classes or at least temper exposure to them. With that in mind, I have chosen to write about a few funds…
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Business Buzz: Peer into the phones of others with Periscope
PHUKET: Welcome to Periscope, the latest craze to hit the online world. Periscope is an addition to the Twitter stable, with huge information sharing possibilities. This is an app that allows you to ‘discover the world through somebody else’s eyes’. Users can download it and then choose from a multitude of people and experiences that they want to be a…
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Business Buzz: How to promote a sales funnel successfully
PHUKET: We have now covered how to prepare the marketing and sales process. The next part, crucial to any success, is getting the message out to the target market. It does not matter how good your product, customer service or social media presence is if nobody knows you exist. There are so many choices with social media these days that…
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English-language seminar on Thai capital market, financial products on Sunday
PHUKET: The Association of Thai Securities Companies (ASCO) will be shooting to give Thais and foreigners greater clarity about Thai capital market and Thai financial products during a seminar on July 5 at the Phuket Royal City Hotel. Those attending will be broken up into three groups, with the seminar being held in Thai for two groups and English for…
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Finance: Before bidding: Take stock of eBay stock
PHUKET: While you are probably familiar with eBay as a great place for deals on everything imaginable, you might not be familiar with the large cap internet auction stock as an investment. However, there are some compelling reasons why investors should be taking a closer look at the stock right now. For starters, and at the end of last September,…
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Bright lights, big city: LED billboards lucky for Phuket
PHUKET: Lucky Media is one of those companies that from humble beginnings has evolved into a player with serious impact and an annual income of 150 million to 200mn baht. The publicly listed company was born in Bangkok out of the Assawarungruang family business, Lucky Music – which started and continues to be a music store importing PRS amplifiers, Gibson…
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Business: East coast shopping
PHUKET: Choice, and lots of it, is what Phuket’s cosmopolitan consumers are demanding, and as the shopping scene transforms to adapt to more local-centric lifestyles among the island’s international community, smaller family-oriented malls are taking shape across the island. Leading the way in bringing a more upmarket shopping experience is shopping and lifestyle guru Kanittha Prasopsirikul, managing director of ‘By…
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Business Buzz: Building your database
PHUKET: This week, let me explain the biggest asset your social media marketing efforts will build for you: your database. A marketing database is an electronic list of all of your potential customers, with as much relevant information as you can gather about them. Normally, this is combined with a platform that can be used to communicate automatically on a…
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Finance: Bond investor survival guide
PHUKET: It’s inevitable that interest rates will eventually rise, but what do rising interest rates mean for investors and how can you prepare your portfolio? First of all, here is what you need to consider or be concerned about: INTEREST RATES AND BONDS When interest rates rise, prices of fixed rate bonds will fall (and vice versa) because no one…
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Business Buzz: Defining your perfect customer
PHUKET: One of the first things you should be focusing on in business is deciding what your niche is and who your perfect customers will be. Most people, in theory, will have done this as part of the initial planning and deciding what business to go into, but sometimes businesses change and go through significant metamorphosis over time, so it’s…
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Lighthouse Weekend Market a boon to businesses
PHUKET: The new addition of a mini-motor expo at the Lighthouse Weekend Market last month produced four on-the-spot car sales, tagging the event as a business generator on Phuket – one in so much demand that it will continue through the rainy season. The cars that sold were Mini Cooper, Volvo and Subaru models, confirmed Kanittha Prasopsirikul, market organizer and…
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Business Buzz: Re-make marketing plans
PHUKET: We all know that social media marketing is popular, but how can we best use it for our business to increase awareness, grow our customer base, make more sales and improve profitability? Targeting people using social media is easy if done correctly, but to be successful and get the best results, you need a blueprint to make sure everything…
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Thanyapura to boost ‘Sports Hub of Asia’ status with B300mn investment
PHUKET: Thanyapura Phuket is looking to invest an additional 300 million baht in an expansion plan that will further strengthen its status as the Sports Hub of Asia. To be scaled over five years, the investment will see the spectacular 23-hectare complex gain a 100-meter training pool, four tennis courts, a multi-room Wellness Center, an international school working toward becoming…
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Finance: Strong dollars for investors
PHUKET: One of the biggest and most unappreciated risks faced by global investors this year is the continued strength of the United States dollar holding back key investing asset classes. After all, a strong dollar tends to be a double-edged sword.BAD FOR LARGE CAP US STOCKS As foreign currencies weaken against the dollar, US stocks that are large cap multinational…
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Finance: One size does not fit all
PHUKET: When it comes to financial advice, my first words of caution to everyone are “never, ever, do anything yourself that you don’t understand 100%”. If the markets seem too complex, there is no reason you can’t handle your financial affairs without using this tool. Every asset class at the end of the day is just that: a tool. There…
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Chanintr Living launches month-long Phuket sale
PHUKET: Chanintr Living has launched a month-long sale at its classy imported furniture outlet in Phuket, providing islanders and visitors the chance to grab quality furniture at a knocked down price. Chanintr Living was established in 1994 and has several outlets in Bangkok and Singapore, as well as one multi-brand location in Phuket. The reputable dealer’s current sale, from May…
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Business Buzz: Get visual with Pinterest
PHUKET: This week I thought we would cover something that would be of benefit to many businesses in Phuket. We are very fortunate that we are surrounded by scenic beauty, which is one of the reasons Phuket has a thriving tourism industry, plus a lot of adventure and outdoor activities. And what better way to promote your business than to…
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Finance: Investment ideals for new oil and gas realities
PHUKET: Late last year, legendary oil and gas entrepreneur Thomas Boone Pickens said during a CNBC interview: “Energy is cheap in America. We still have the cheapest energy in the world…Take advantage of it, play the demand side.” Since then, Pickens has repeatedly stated in public appearances that he believes oil will rise to US$70 a barrel this year and…
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New Banyan Tree Phuket hotel manager “at home’
PHUKET: Hery Kuswoyo has taken the helm as the hotel manager for Banyan Tree Phuket, the Banyan Tree group’s flagship property. Mr Kuswoyo joined the Banyan Tree family in 2010 as the Food and Beverage Executive Assistant Manager for Banyan Tree Bangkok. Prior to joining the Phuket team, he was the executive assistant manager for Banyan Tree Macau – the…
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Finance: Sometimes you can buy happiness
PHUKET: I recently read a study about buying experiences versus material things and their relative effects on happiness. Interestingly, studies show that money only increases happiness up to a certain point, and buying experiences can have a longer effect on happiness than buying material things, even though the ‘things’ will be around for a substantial amount of time. The reason…
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