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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Boat Lagoon prepared for community boom (video)
PHUKET: Boat Arcade will continue to focus on children’s activities and their needs in the second phase of the project, following the recent completion of the first phase, where the area has been developed as the ‘East Coast Edutainment and Family Center,’ confirmed Kanittha Prasopsirikul, managing director of ‘By Kanittha’ Company and Boat Arcade’s public relations representative. The marketing strategy…
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Business Buzz: Better profits via social media
PHUKET: When trying to increase profitability it is best to ascertain a company’s sales funnel, break it down into a process map and then analyze each of the sales procedures to see where the good and bad results are, as this will help in working out the changes needed to increase revenue in each area. Even a small tweak improving…
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Finance: Time to reinvest in bank stocks, ETFs
PHUKET: Bond yield curves have grown steeper and this means it is a good time to take a closer look at investing in bank stocks or bank ETFs, but risk-adverse investors will still need to be selective when choosing what to invest in. STEEPER CURVES ARE GOOD FOR BANKS To begin with some investing basics, short-term interest rates are set…
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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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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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Business Buzz: The benefits of websites
PHUKET: Almost every business has a website now, but what are the real reasons for having one and are people using them effectively? When I ask many business owners, they often reply that they need one because everyone else has one. But do most people really understand the reasons a website is so important and how they can add real…
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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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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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Dermatology stakes claim in Thai medical tourism industry
PHUKET: Dermatology is staking its claim in Thailand’s developing medical-tourism sector, a growth which is due in part to an increasing number of highly qualified dermatologists, state-of-the-art treatments and affordable services. Romrawin Clinic, with two of its branches located in Phuket, has taken advantage of the demand for dermatological procedures and is now at the forefront of the business with…
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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: 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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Heritage tourism on Phuket
PHUKET: While Phuket has become a leading mass tourism destination and Thailand’s second market after Bangkok, travel specialists and local businesses are digging deep into the island’s rich culture and history to satisfy a growing demand from high-end visitors seeking immersive experiences on the island. The local Baba culture provides one such source of inspiration for those wanting to venture…
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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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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 Buzz: Creating sales funnels with social media
PHUKET: Following up on last week, now that you have a plan, know your target market and understand the importance of your biggest asset – your database, we are going to look at how the customer experience is created through your sales funnel. Many people do not fully understand the role and importance of a sales funnel as a whole…
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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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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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Finance: Cycling the bull market
PHUKET: As the bull market in global stocks continues in the worst economic environment for a bull market within my lifetime, I find it reassuring to turn to those with some of the most impressive track records in the world of investing and trading. Have things changed this time? Is the new era of central bank money printing going to…
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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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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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Business Buzz: Successfully harness social media power
PHUKET: There is no doubting the power of social media marketing as a business tool. The question is, are you using it, and if so, are you doing so effectively? Social media can be very overwhelming as there are so many options it can be difficult to know where to start. It can also be a case of ‘you don’t…
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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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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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