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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  • Why Thai casinos are embracing Bitcoin: trends and insights

    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

    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

    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

    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

    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

    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

    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

    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

    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

    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…

  • Thai food takes Tokyo: Commerce Ministry serves up 2 billion baht export success

    Thai food takes Tokyo: Commerce Ministry serves up 2 billion baht export success

    The Ministry of Commerce successfully facilitated Thai food exports exceeding 2 billion baht during the FOODEX Japan 2025 event in Tokyo. Sunanta Kangvalkulkij, Director General of the Department of International Trade Promotion, stated that the department collaborated with the Thai Chamber of Commerce and the Office of Commercial Affairs in Tokyo to present 59 Thai companies at the event. Held…

  • Thailand Post boosts fruit delivery with EMS service

    Thailand Post boosts fruit delivery with EMS service

    Thailand Post is offering an EMS express delivery service for summer fruits to support farmers and entrepreneurs across the country. Thailand Post Managing Director Danan Suphattrapan stated that the service aims to meet the diverse needs of consumers and businesses, particularly by assisting agricultural producers in distributing their products more efficiently to the market. The EMS express service boasts an…

  • Thailand halves visa-free stay to curb illegal business activities

    Thailand halves visa-free stay to curb illegal business activities

    Thailand plans to shorten the visa-free stay period from 60 to 30 days to mitigate the misuse of the visa exemption programme by illegal businesses. This decision follows a principle agreement among relevant government officials, as reported by the Tourism and Sports Ministry. Tourism and Sports Minister Sorawong Thienthong indicated that the Foreign Ministry has acknowledged the issue, which has…

  • Building your trading foundation with the best forex brokers

    Building your trading foundation with the best forex brokers

    Building a solid base in forex trading starts by choosing the best broker. An ideal broker provides access to the forex market, gives you the essential trading tools, and ensures a secure trading environment. To help you make the correct decision, we’ve compiled a list of some of the best forex brokers that are accessible in Thailand in 2025. 1.…

  • McLovin’ it: McDonald’s supersizes Thai expansion (video)

    McLovin’ it: McDonald’s supersizes Thai expansion (video)

    McDonald’s is going all out for a big year, pledging a whopping multi-million baht investment to expand and revamp its stores across Thailand. Kittiwan Anuwatesakul, Chief Executive of McThai Co Ltd, dished out the details on the 700 million baht expansion, revealing plans to open 20 shiny new outlets, gobbling up 70-80% of the budget. Plus, 25 existing branches will…

  • Thailand charges ahead with tax breaks for hybrid vehicles

    Thailand charges ahead with tax breaks for hybrid vehicles

    Tax incentives for the manufacturing of plug-in hybrid vehicles (PHEVs) in Thailand are being proposed, with implementation anticipated from 2026 pending approval, as announced by Deputy Finance Minister Paopoom Rojanasakul. The proposal, which aims to link tax rates to a vehicle’s battery charge travel range, will be presented to the Cabinet by April. To boost PHEV adoption, the government is…

  • China crisis or Golden Week wonder? Tourism hopes take flight in May

    China crisis or Golden Week wonder? Tourism hopes take flight in May

    In the midst of a 12% year-on-year plunge in Chinese tourist numbers during the first two months of the year, the Tourism Authority of Thailand (TAT) is holding its breath for a revival come May, perfectly timed with China’s Labour Day holiday. TAT Deputy Governor Pattaraanong Na Chiangmai, handling international marketing across Asia and the South Pacific, highlighted that safety…

  • Thai car exports threatened by Trump’s 25% US tariff plan

    Thai car exports threatened by Trump’s 25% US tariff plan

    The Thai automotive industry faces potential challenges if US President Donald Trump proceeds with his plan to impose tariffs on car imports, according to the Federation of Thai Industries (FTI). Last month, Trump revealed plans to implement a 25% tariff on autos starting April 2, though tariffs on imports from Canada and Mexico have been delayed for a month following…

  • Thai farmers urged to go bananas for ripe returns

    Thai farmers urged to go bananas for ripe returns

    The Government of Thailand is urging beleaguered Thai farmers to pivot to bananas from rice as a strategy to bolster their earnings amidst plummeting rice prices. Commerce Minister Pichai Naripthaphan dropped the fruity bombshell while addressing People’s Party MP Narongdech Ularnkul’s concerns about rice price stabilisation. “A rice oversupply is crushing prices, and bananas could be the alternative farmers need.…

  • How the new Entertainment Complex Law is likely to affect you once passed

    How the new Entertainment Complex Law is likely to affect you once passed

    Thailand is on the brink of a significant transformation in its entertainment and tourism sectors with the introduction of the Entertainment Complex Business Act. This proposed legislation aims to legalise and regulate integrated entertainment complexes, including casinos such as those that regard themselves as the best casinos not on GamStop, to boost tourism, attract foreign investment, and stimulate economic growth.…

  • Lufthansa sets sights on Thailand as expansion takes off

    Lufthansa sets sights on Thailand as expansion takes off

    The Lufthansa Group is focusing on expanding its operations in Asia and Thailand, while also diversifying into non-airline businesses. Carsten Spohr, chief executive of the group, highlighted that Thailand is not just a tourism hub but also a lucrative business destination. The demand for cargo from Thailand is rising, and the Asia-Pacific region is the fastest-growing market for maintenance, repair,…

  • Thai interest rate cuts to ease loan load amid economic slowdown

    Thai interest rate cuts to ease loan load amid economic slowdown

    In a move that promises relief for borrowers across Thailand, six leading commercial banks and a clutch of state-owned counterparts have slashed lending rates following the Bank of Thailand’s recent policy rate cut. This adjustment is designed to alleviate the financial strain as the economy slows down. Domestic systemically important banks (D-SIBs) are joining forces to trim loan interest rates…

  • Carbon copy: Thailand trades up for a green offset with carbon credit plan

    Carbon copy: Thailand trades up for a green offset with carbon credit plan

    Thailand is exploring the possibility of allowing businesses to offset up to 15% of their greenhouse gas emissions through carbon credits within a proposed emissions trading system. This initiative aims to boost the nation’s voluntary carbon market, according to Suraphon Buphakosum, Vice President, and Head of Sustainability Service Development at the Stock Exchange of Thailand, who is involved in the…

  • Trading places: Thai export boom hides ticking trade bomb

    Trading places: Thai export boom hides ticking trade bomb

    Amidst the cheers of soaring export numbers, the Thai National Shippers’ Council (TNSC) fired a warning shot, urging Thailand to shift its focus towards resolving trade imbalances on a country-by-country basis. TNSC chairman Chaichan Charoensuk warned that the ongoing trade war resembles a ticking time bomb for exporters, with an explosion expected in the second quarter. The council predicts a…

  • Bangkok condo illegally rented daily, reveals weak law enforcement

    Bangkok condo illegally rented daily, reveals weak law enforcement

    Residents and the Bangkok Metropolitan Administration (BMA) have raised concerns over a condominium in Sukhumvit 11, developed by a company listed on the Stock Exchange of Thailand (SET), where half of the 450 units are allegedly rented out daily through online platforms, highlighting weak law enforcement in Thailand. A foreign resident and unit owner at the condominium disclosed that more…

  • Thai exporters urge government to speed up US trade talks

    Thai exporters urge government to speed up US trade talks

    The private sector has called on the government to expedite trade negotiations with US President Donald Trump and to incorporate private sector input into these discussions. The Thai National Shippers’ Council (TNSC) highlighted concerns that delays could adversely impact exports. Chaichan Charoensuk, the TNSC chairman, noted the lack of significant progress in preparing for potential US-imposed measures aimed at reducing…

  • Trump card: Bitcoin booms as Donnie deals in digital dollars

    Trump card: Bitcoin booms as Donnie deals in digital dollars

    Bitcoin nosedived back into the spotlight with a jaw-dropping surge of over 20% yesterday, accompanied by a thrilling rally in various cryptocurrencies. The electrifying leap followed US President Donald Trump’s bombshell announcement about a proposed strategic US reserve replete with an enticing collection of digital tokens. In a candid post on Truth Social, Trump unveiled his plan for a January…

  • Boom to bust: Chinese investment in Thai property hits rock bottom

    Boom to bust: Chinese investment in Thai property hits rock bottom

    Once a beacon of opportunity, Thailand’s vibrant condo market for Chinese investors is now dimming, as economic clouds gather over China’s middle class. Stephen Yao, a former Chinese investments broker in Bangkok, and Pattaya, has seen his formerly bustling schedule dwindle. In 2017 and 2018, he made a staggering 32 trips from China’s Guangdong province to Thailand. But recent years…

  • Thai shippers warn of slow govt response to Trump’s trade policies

    Thai shippers warn of slow govt response to Trump’s trade policies

    The Thai National Shippers’ Council (TNSC) has raised concerns over the government’s sluggish response to potential trade penalties under the policy of U.S. President Donald Trump, warning that delays could result in heavy tariffs on Thai exports. TNSC Chairman Chaichan Charoensuk stated that the government has made little progress in preparing for the so-called Trump 2.0 trade measures. Trump previously…

  • Thailand sees record 1.13 trillion baht foreign investment boost

    Thailand sees record 1.13 trillion baht foreign investment boost

    Prime Minister Paetongtarn Shinawatra expressed optimism about Thailand’s economic prospects, highlighting significant foreign investment, which reached over 1.13 trillion baht last year, the highest in a decade. In a monthly Empowering Thais TV segment aired by the National Broadcasting Services of Thailand, the premier shares her optimism in regards to economic trajectory, despite last year’s 2.5% growth. “We will work…