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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  • The LifeCo: The business of healing

    The LifeCo: The business of healing

    PHUKET: One doesn’t have to look far to find a spa in Phuket, but recent years have seen a marked shift in this trend, as new and established business are looking to cash in on wellness, as opposed to opulence and luxury. The LifeCo Phuket Well-Being Center based in Thalang is the first for the company outside of Turkey, and…

  • Finance: Building a larger stream of future income

    Finance: Building a larger stream of future income

    PHUKET: I am often contacted by people without massive amounts of cash asking me what they can do to prepare for the future. Early in my career I tended to take the approach most people in the industry do, which is to focus on the rich and let everyone else know that you are sorry about not being able to…

  • Feadship’s Asian market blooming

    Feadship’s Asian market blooming

    PHUKET: Well ahead of the incredibly successful inaugural Thailand Yacht Show (TYS), Feadship Royal Dutch Shipbuilders were making superyacht waves while expanding into the the Asian region. “At this moment, Feadship is building multiple yachts in different sizes and in different models for Asian and Asia-based clients. The product and the brand appeals to the most discerning yachtsmen in the…

  • Finance: Will 2016 be the year of the bear?

    Finance: Will 2016 be the year of the bear?

    PHUKET: There’s an old saying on Wall Street that might unnerve investors: “As goes January, so goes the year.” Unfortunately, January 2016 was a very bad opening for stock markets. In fact, it was one of the worst openings in one hundred years, as the Dow Jones industrial average fell about 5.5 per cent while NASDAQ fell almost eight per…

  • Board of Trade plans SME matchmaking fairs

    Board of Trade plans SME matchmaking fairs

    BANGKOK: Thailand’s Board of Trade is inviting newly established businesses across the country to join a ‘Business Matching’ event in Bangkok. The event is aimed at giving SMEs the opportunity to meet consumer giants such as department stores and retailers. The event will take place at the Bangkok Convention Center in Lat Prao on April 26. Board of Trade Chairman…

  • Finance: Tech stocks are still dangerous

    Finance: Tech stocks are still dangerous

    PHUKET: You would think the lessons learned in the dotcom bubble and subsequent crash would not be so quickly forgotten, but last year’s purchase by Facebook of the free smartphone app Whatsapp for 22 billion dollars was a very good reminder of how quickly we forget. There is no reason to put your life savings at risk with individual stocks…

  • Business Buzz: How to master email marketing

    Business Buzz: How to master email marketing

    PHUKET: Other than branding, one of the primary functions of social media marketing is to create a database of potential customers. But building the database is only the first step, so what do we do with it once we have it? I have previously discussed the importance and value of your database; now I am going to show you how…

  • Finance: Understanding stop loss orders

    Finance: Understanding stop loss orders

    PHUKET: With global stock markets off to a rough start this year, it’s time to take a closer look at stop loss orders and how they can help as well as hinder you from achieving your investment goals. So what exactly are stop loss orders? A stop loss, or simply a stop order, is an automatic trade placed in advance…

  • Finance: Ups and downs in the price of oil

    Finance: Ups and downs in the price of oil

    PHUKET: For somebody who pays attention to commodity prices, these are extremely interesting times. I still remember many talking heads on television predicting that we’d never see oil below 100 dollars per barrel. The argument was extremely convincing, especially when the markets seemed to be confirming its truth. With the flood of shale oil and the lifting of embargoes on…

  • Asia Marine moves into motors

    Asia Marine moves into motors

    PHUKET: Asia Marine has been building, selling, chartering and managing yachts in Phuket for more than 25 years, and was voted ‘Best Asia based Yacht Charter Agent’ in the 2007 Asian Boating Awards. In December last year, Asia Marine CEO Vincent Tabuteau took the company in a new direction by joining forces with Frenchman Eric Noyel, founder of Asia Marine…

  • Galileo Maritime Academy sends ambassadors to TYS

    Galileo Maritime Academy sends ambassadors to TYS

    PHUKET: Thalang’s Galileo Maritime Academy is shining at the first-ever Thailand Yacht Show. Founded in 2012 by Brian Murray, a career chief engineer in the British Royal Navy and a superyacht captain for 30 years, Galileo offers courses that combine skill sets from the hospitality trade to the skills needed for working as superyacht crew. “The Thailand Yacht Show is…

  • Battling boat show inertia

    Battling boat show inertia

    PHUKET: In a region already swamped with boat shows, the development of a new show has not been an easy undertaking, admitted Andy Treadwell, managing director of 3L Events, organizers of the Thailand Yacht Show (TYS) 2016 as well as the Singapore Yacht Show. The biggest problem with launching such a show is convincing the industry that you know what…

  • Business Buzz: Maximize social media impact

    Business Buzz: Maximize social media impact

    PHUKET: When using social media, it is very important to establish exactly what it is that you want to achieve. It is also important to understand that each social media platform works differently and can achieve different things. Overall, there are a many purposes for which social media can be used, but the most common are branding, lead generation, information…

  • Finance: Fancy a punt in the semiconductor market?

    Finance: Fancy a punt in the semiconductor market?

    PHUKET: The semiconductor industry helps drive technological progress and yet many semiconductor stocks have lagged the performance of the broader technology sector recently. However, small cap MaxLinear, Inc (NYSE: MXL) is an exception as shares are up 134 per cent from the start of 2015 to November, plus shares rallied close to 28 per cent after the company reported third…

  • Lee Marine brings big names to Thailand Yacht Show

    Lee Marine brings big names to Thailand Yacht Show

    PHUKET: Lee Marine International Marine Brokerage’s re-investments continue in Phuket with the main focus being to better serve the many yacht enthusiasts who see their future on board any of the yachts represented by our firm, explained Josh Lee, founder and CEO of the company. The strength of their business success combines a wide product range with an experienced, dependable…

  • Finance: Rethinking the Big Mac Index for baht

    Finance: Rethinking the Big Mac Index for baht

    PHUKET: The Big Mac Index has just been released for the year. The index was invented by The Economist as a lighthearted guide to whether currencies were currently undervalued or overvalued. Since I am always being asked my opinion on the baht, I thought this might be a good time to address the issue. The index is meant to be…

  • Finance: Are we in for a rough ride this year?

    Finance: Are we in for a rough ride this year?

    PHUKET: The past few years have been difficult, or mixed at best, for many investors in the stock market, with 2015 largely ending in another flat line performance – leading to predictions for more of the same in 2016. However, most predictions about 2015 from the start of last year were bullish and turned out to be off the mark,…

  • Business Buzz: How much is a “like’ worth?

    Business Buzz: How much is a “like’ worth?

    PHUKET: A ‘like’ is a measure on Facebook of how popular a page or a post is with other Facebook users. Someone recently asked me what a ‘like’ on Facebook was worth to a business. It started me thinking, could an actual value be placed on a ‘like’? The answer of course is yes, but for each business this value…

  • Finance: The ‘not so sexy’ New Year’s resolution

    Finance: The ‘not so sexy’ New Year’s resolution

    PHUKET: Many people like to make New Year’s resolutions, and the most common ones tend to deal with health. Sadly, most people do not stick with their resolutions for very long, and I will get to one of the main reasons for this in a bit, as well as how to avoid falling into this trap. But let’s consider a…

  • Business Buzz: Get off to an online start

    Business Buzz: Get off to an online start

    PHUKET: Welcome to Business Buzz 2016! This year we have moved to a monthly format so that we can cover the topics we want in more depth and provide you with more useful information. By now you will have made (and hopefully not broken) your new year’s resolutions. It is generally a pretty safe assumption that people with an entrepreneurial…

  • Business Buzz: Targeting mobile users

    Business Buzz: Targeting mobile users

    PHUKET: As I reported last week, the increase in mobile smartphones has been steadily continuing. There is expectation that over 51 per cent of the online Christmas sales traffic in the United States will originate from smart-phones this year. So it is with confidence I predict that the focus for social media marketing strategies should be switched to mobile devices.…

  • Quattro Design showroom to reach AEC market

    Quattro Design showroom to reach AEC market

    PHUKET: The dynamic duo behind Quattro Design, one of Thailand’s top importers and designers of exclusive furniture, have high hopes for the New Year as they open a showroom at Phuket’s Boat Avenue in Cherngtalay early next month. “Now is the time for us to open the showroom in Phuket, as the Asian Economic Community takes effect next year, which…

  • Finance: Never too old for insurance

    Finance: Never too old for insurance

    PHUKET: If you read my articles regularly, you have probably noticed I don’t spend much time writing about health insurance. It is not the most exciting topic, and for many of Phuket’s aging expat population getting covered at all is not really an option once they reach a certain age. Also, the cost of local international hospitals used to be…

  • Hospitality insider Bill Barnett launches ‘Slave to the Bean’

    Hospitality insider Bill Barnett launches ‘Slave to the Bean’

    PHUKET: One of Asia’s leading hospitality experts, Bill Barnett, shines a light on the good, bad and ugly of luxury hotels and travel in his acerbic new collection of twisted travel tales, Slave to the Bean: Random Dispatches from the Inferno, which was launched on December 18 at the Bangkok boutique hotel, Ad Lib. Bill Barnett launched his new book…

  • Business Buzz: Social media year in review

    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,…

  • Finance: Market crash or merely correction?

    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…

  • China base rakes in FIT market for Phuket

    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…

  • Business Buzz: Local customers key to successful business

    Business Buzz: Local customers key to successful business

    PHUKET: One of the common mistakes a business can make in a location like Phuket is to forget who is really important. In a holiday location it is very easy to focus on the tourist market, because the perception is they are the ones who are here spending without a care in the world and that there is an endless…

  • Business Buzz: Marketing is Key

    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…

  • Finance: Is Priceline right for your portfolio?

    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…