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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Thailand unveils six eco-friendly tax measures for 2027
Thailand’s Excise Department plans to roll out six new tax initiatives to promote environmental sustainability and improve public health. Director-General Pornchai Thiraveja said these policies aim to align with shifting global trade standards, which now place more emphasis on climate action and public health. The measures also support upcoming carbon-related regulations. Bangkok Post reported that the first measure expands the tax…
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Thai investors eye gold boom as prices set to surge
Thai gold prices are expected to rise sharply next year, driven by global economic uncertainty, rising central bank demand, and stalled trade talks. Thai gold trader MTS Gold Group predicts bullion will end 2025 at around US$4,380 (approximately 159,000 baht), just shy of the record US$4,379.13 seen in October. In Thailand, local gold prices are expected to hover between 67,000…
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Thailand pawn giant cashes in on gold boom, loans soar
Thailand’s leading pawn shop chain, Easy Money, is expecting its highest loan growth in two decades, fuelled by surging gold prices and a wave of young entrepreneurs seeking short-term financing. “Loan demand is booming like we haven’t seen in 20 years,” said Easy Money Group chairperson Sittiwit Tangthanakiat. The company reported outstanding loans of 27 billion baht for the first…
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Thailand ‘Fast Pass’ to unlock stalled investment billions
Finance officials plan to present a new scheme to the economic Cabinet to fast-track approved investment projects and boost Thailand’s stalled capital flow. Thailand’s Finance Minister Ekniti Nitithanprapas will pitch the ambitious Thailand Fast Pass initiative to the economic Cabinet on Monday, November 24, aiming to cut red tape and expedite major domestic investment projects. The new scheme targets businesses…
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Thailand pushes sustainable gem industry with GIT standard programmes
The Gem and Jewellery Institute of Thailand, or GIT, has launched a new national initiative to advance Thailand’s position as a global hub for sustainable gem and jewellery production. The programme, titled Thailand Towards a World Sustainable Gem and Jewellery Hub, aims to help SMEs meet international standards in sustainability, governance, and environmental responsibility as global trade rules continue to…
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Bangkok Bank courts the rich with no-forex travel card
Bangkok Bank (BBL) is targeting high-net-worth clients with a new travel card and a credit card strategy that prioritises assets over income to drive growth. The bank is focusing its credit card strategy on high-net-worth individuals with assets under management (AUM) of at least 10 million baht. BBL, led by executive vice-president Shoke Na Ranong, is now prioritising applicants’ AUM over…
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Thailand seals China deal to export 500k tonnes of rice
Thailand plans to negotiate rice delivery terms with a Chinese state-owned firm after securing a deal to export 500,000 tonnes under a G2G agreement. The Department of Foreign Trade (DFT) has confirmed plans to finalise delivery negotiations with China’s Cofco Corporation, a state-owned agricultural importer. The shipment will include 280,000 tonnes already agreed upon under previous contracts, and a fresh…
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Thailand and Sweden eye bigger trade boost and tech ties
Thailand and Sweden held talks to boost bilateral trade and investment, focusing on technology, green products, and a potential EU free trade agreement. In a high-level meeting on Friday, November 14, Commerce Minister Suphajee Suthumpun sat down with Swedish Ambassador Anna Hammargren to push forward the Thailand-Sweden Strategic Partnership and discuss fast-tracking negotiations on a long-awaited Thailand–EU free trade agreement.…
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Thailand to tax cheap imports to protect local SMEs
Thailand will impose a 10% customs duty on low-cost imports to support local SMEs, following concerns about cheap foreign goods harming domestic industries. The duty will be introduced on January 1, a major policy shift aimed at shielding local small- and medium-sized enterprises (SMEs) from the rising tide of cheap foreign products. Finance Minister Ekniti Nithanprapas announced the move, which…
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Second cash splash eyed as Thai govt plans new co-pay scheme
Thailand’s government is planning a second phase of its co-payment scheme to support those who missed out earlier and boost spending in early 2026. The Finance Ministry is preparing to launch a second phase of the Khon La Khrueng Plus co-payment scheme early next year, aimed at those who missed out on the first round of registration. Lavaron Sangsnit, permanent…
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How Baht strength and government moves impact gold trading in Thailand
Thailand’s gold culture runs deep. From Chinatown shops in Bangkok to family savings across Chiang Mai and Khon Kaen, gold is both a store of value and a trading vehicle. Yet the domestic price you see on the board is not just a reflection of global spot. It is a blend of international gold, the baht’s exchange rate, and the…
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Grab and LINE MAN orders soar under state co-pay scheme
Two major food delivery platforms reported millions of orders after the launch of a co-payment scheme aimed at boosting consumer spending nationwide. Grab and LINE MAN Wongnai reported a surge in activity under the Khon La Khrueng Plus initiative, which began allowing online food delivery orders from November 7. According to the Finance Ministry, nearly 20 million users had joined…
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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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