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.
-
Thailand’s Pride Celebration 2025 boosts rainbow tourism economy
Central Pattana Plc (CPN), part of Central Group and operator of Central shopping centres, is reinforcing its dedication to diversity and equality with the launch of Thailand’s Pride Celebration 2025: Pride For All. Nattakit Tangpoonsinthana, CPN’s chief marketing officer, highlighted that the campaign celebrates Pride Month as a recognition of human rights and a strategic element for economic expansion. Thailand’s…
-
Robinhood takes over as Foodpanda bows out of Thailand
Thailand’s food delivery game just got a major shake-up — and it’s Robinhood taking the wheel. Yesterday, May 20, Thai-born delivery platform Robinhood announced a strategic redirection agreement with Foodpanda Thailand, as the international giant prepares to exit the country after 13 years of operations. The move, effective immediately, allows Foodpanda customers, restaurant partners, and delivery riders to transition smoothly…
-
MGM Resorts urges Thailand to adopt competitive casino tax rate
MGM Resorts International suggests Thailand should adopt a casino tax rate competitive with Singapore and permit a significant number of locals to visit casino complexes to foster tourism and economic growth. The company is exploring a potential investment of US$3-5 billion in a casino facility in Bangkok. Ed Bowers, President of Global Development at MGM Resorts, stated that emerging markets…
-
Krungsri delays new credit lines amid US tariff uncertainty
Companies are delaying the utilisation of new credit lines due to waiting for further clarification on US tariffs following the recent announcement of a 90-day suspension period, as reported by a Bank of Ayudhya (Krungsri) executive. Prakob Phiencharoen, who leads Krungsri’s corporate and investment banking group, stated that the bank is maintaining vigilance over corporate loan demand for the rest…
-
Thailand plans e-commerce laws to curb foreign dominance
A Senate committee is set to propose guidelines in the draft of the Platform Economy Act to tackle the dominance of foreign companies in Thailand’s e-commerce sector. Eakchai Ruangrat, the first Vice-Chairman of the Senate committee on commerce and industry, stated that this initiative aims to restore the country’s digital sovereignty. He made these comments during a recent e-commerce seminar.…
-
Thai Airways’ comeback plan takes flight
Following a comprehensive business rehabilitation, Thai Airways International (THAI) has launched its Fly for the New Pride campaign, as it anticipates resuming trading on the Stock Exchange of Thailand (SET). The airline now operates with reduced debt and new revenue streams. Celebrating its 65th anniversary, the airline has lowered its liabilities from approximately 400 billion baht to around 80 billion…
-
Thailand and Vietnam target US$25bn trade boost
Thailand and Vietnam have committed to strengthening economic ties and aim to increase bilateral trade to US$25 billion (833 billion baht) annually in the near future, according to Prime Minister Paetongtarn Shinawatra. During a media briefing following the 4th Thailand–Vietnam Joint Cabinet Retreat (JCR), co-chaired with Vietnamese Prime Minister Pham Minh Chinh during her official two-day visit which ended yesterday,…
-
How to turn raw footage into engaging content in minutes
Creating great videos doesn’t have to take hours or expensive software. If you’ve ever recorded a video and felt stuck with too much raw footage, don’t worry. With a few smart tools and simple steps, you can turn that raw video into fun, eye-catching content in just minutes. Whether you’re a beginner or already make content, this guide will show…
-
Thailand’s tourist trade rocked by tariff-ic blow
Thailand’s tourist trade is feeling the heat, not from the sun, but from a chilly global economy and punishing US tariffs that are sending shockwaves all the way to Bangkok’s hotel lobbies. Thailand’s hotel sector is bracing for a rough ride as fewer foreign visitors and shrinking wallets threaten to slash spending, spark price wars and pile pressure on operators,…
-
True grit: New boss vows comeback cash in 100-day dash
True Corporation chief Sigve Brekke has hit the ground running, setting out a bold 100-day plan packed with promises of profit, digital dominance, and even a long-overdue payout to shareholders. Brekke, who took the reins as group chief executive in March, is banking on data, discipline and dividends to spark a revival at the telecom titan, following its blockbuster merger…
-
Baht out of luck: Thai currency slips as greenback flexes muscle
The Thai baht is wobbling once again, with currency watchers bracing for a further slide this week as the mighty US dollar gathers steam following a temporary pause in the US-China tariff war. Analysts say the baht could weaken to as low as 33.80 per dollar in the coming days, as uncertainty lingers despite a fleeting boost in global market…
-
Truce or just a tariff tease? Trump and Xi hit pause on trade war
The bitter trade war between the United States and China that rattled global markets is getting a breather — but don’t pop the champagne just yet. The US and China have agreed to suspend punishing tariffs on each other’s goods for 90 days, starting Wednesday, after a tense round of high-stakes talks in Geneva over the weekend. The temporary truce…
-
Thailand Post ends talks with Chinese firm over joint venture
Thailand Post, a state-run logistics enterprise, has terminated year-long negotiations with a Chinese logistics firm over a joint venture that failed to deliver anticipated benefits. The discussions aimed to boost Thailand Post’s logistics volume between the two markets, influenced by the prevalence of Chinese products in the local e-commerce sector. Thailand Post President Dhanant Subhadrabandhu stated that the joint venture…
-
Thailand and Bangladesh to advance free trade agreement talks
Previously, on May 8, Thai Commerce Minister Pichai Naripthaphan met Bangladeshi Ambassador Fayaz Murshid Kazi to discuss advancing free trade agreement (FTA) negotiations between the two nations. Following a joint declaration of intent, senior officials will engage in online discussions to outline expectations and scope, aiming to formally initiate negotiations this year. Thailand has expressed its support for Bangladesh, the…
-
Thailand and Australia boost trade ties amid new vehicle standards
Thailand and Australia are working to enhance sustainable and stable regional trade, aiming to boost the value of automotive exports and maintain Thailand’s status as Australia’s leading exporter of pickup trucks. Commerce Minister Pichai Naripthaphan discussed these objectives after meeting with Australian Ambassador Angela Macdonald at her Bangkok residence on May 7. A significant topic addressed was Australia’s New Vehicle…
-
Thai stock market rebounds despite US tariffs and global volatility
Last month, the Stock Exchange of Thailand (SET) experienced volatility during the long holiday period. Before the Songkran festival, the SET was significantly impacted by US President Donald Trump’s tariff announcements, reaching a low of 1,056.41 points early in the month. The tariff news affected global stock markets; however, the gold price rose to over US$3,300 (approximately 113,190 baht) per…
-
Thailand’s solar rooftop market to see growth amid falling prices
The solar rooftop market in Thailand is poised for increased competition, driven by decreasing prices, a rise in supply from manufacturers, and government initiatives to promote renewable energy. EnergyLIB, a solar energy solutions provider, has introduced a solar system for townhouses, while a consortium including German cable manufacturer Lapp Holding Asia, Hong Kong-based industrial conglomerate Jebsen and Jessen Group, and…
-
Thailand boosts fruit distribution to counter declining prices
The Thai Commerce Ministry is tackling the issue of declining fruit prices by accelerating the distribution of 950,000 tonnes of produce both within Thailand and abroad. Commerce Minister Pichai Naripthaphan stated that the ministry is collaborating with various organisations to manage the surplus of fruit through measures encompassing production, marketing, export, processing, and trade facilitation. The aim is to distribute…
-
Bitcoin tipped to smash US$100k as crypto bulls charge ahead
Bitcoin is gearing up for a six-figure breakout, with crypto watchers boldly predicting the world’s biggest digital coin could hit a jaw-dropping US$100,000, even as the US central bank holds fire on interest rate cuts. Despite the Federal Open Market Committee (FOMC) likely keeping rates steady this week, optimism is soaring among investors, thanks to heavyweight institutions snapping up spot…
-
BoT tipped to slice interest rates as inflation and exports wobble
Thailand’s top money men are sharpening their scissors, with experts betting the Bank of Thailand (BoT) will slash interest rates at least twice more this year to prop up the faltering economy, rocked by a US trade war and dwindling tourist numbers. In a shock twist, April saw the consumer price index (CPI) shrink by 0.22%, the first drop in…
-
Thailand to ease foreign business rules, boosting investment appeal
The Commerce Ministry intends to streamline business registration by excluding 10 service businesses from List 3 of the Foreign Business Act. This move aims to boost investment within the nation. Auramon Supthaweethum, the Director-General of the Department of Business Development (DBD), indicated that the ministry evaluated the service businesses on List 3 to adapt to evolving economic conditions. List 3…
-
Thailand hotel prices soar, low season sparks price war fears
Room rates experienced a significant rise during the recent tourism High Season, drawing criticism from travellers who perceived Thai hotels as more costly than those in neighbouring countries. As the low season now takes hold, some hoteliers express concerns over potential price wars due to reduced arrivals. Thienprasit Chaiyapatranun, the president of the Thai Hotels Association (THA), reported that the…
-
Thailand mulls motorcycle cut amid China slowdown, US tariff fears
The Federation of Thai Industries (FTI) is contemplating a reduction in Thailand’s motorcycle manufacturing target, despite an increase in production in the first quarter of this year. The decision arises from a sluggish domestic economy, decreased foreign tourist arrivals, especially from China, and uncertainties linked to US President Donald Trump’s tariffs. Surapong Paisitpatanapong, vice-chairman of the FTI and spokesperson for…
-
US tariffs force Thailand to cut growth forecast to 2.1%
The Ministry of Finance has revised its forecast for Thailand’s economic growth this year to 2.1%, down from the previous 3%, citing the impact of US tariffs and a global economic slowdown on Southeast Asia’s second-largest economy. Pornchai Thiraveja, director-general of the Fiscal Policy Office, indicated that if the US imposes a 10% tariff on Thai imports instead of the…
-
Late shift on Thailand’s stock market clock as SET goes global
Thailand’s stock market is pulling a night shift, with extended hours letting investors chase Wall Street and European giants well into the wee hours, starting May 6. The Stock Exchange of Thailand (SET) is throwing open its doors around the clock for global investment, with new trading hours for depositary receipts (DRs) linked to US and European securities launching this…
-
Trumped up trouble puts brakes on Thailand’s car industry
Thailand’s car industry is veering off course, with annual production now expected to skid below target thanks to Washington’s punishing tariffs and a domestic market bogged down by debt and rejected loans. Thailand’s automotive engine is spluttering, with the Federation of Thai Industries (FTI) warning that this year’s car production is set to fall short of its 1.5 million-unit goal,…
-
Phuket Airport soars as Russians jet in while China jets off
Phuket Airport is flying high despite a sharp drop in Chinese tourists, with Russian and Turkish travellers stepping in to keep the island’s tourism industry cruising toward a record-breaking 18 million passengers this year. Phuket International Airport is on course to welcome a whopping 18 million passengers in 2025, even as the number of Chinese arrivals nosedives, according to airport…
-
Rate expectations: BoT tipped to slash interest rates
Thailand’s top bankers are bracing for a financial shake-up, with the central bank set to cut interest rates this week as economic headwinds from abroad leave growth floundering. The Bank of Thailand (BoT) is widely expected to trim its key policy rate by 0.25 percentage points tomorrow, April 30, as the kingdom battles a growing storm of economic setbacks. Kasikorn…
-
Thailand plans new economic zones up north
Prime Minister Paetongtarn Shinawatra is anticipated to consider a proposal to establish new economic zones in the north and northeast of Thailand, aiming to bolster regional economies distant from the heavily promoted Eastern Economic Corridor (EEC). The initiative was proposed by a House of Representatives extraordinary committee following a study of special economic development zones in these regions. Tachaphol Kanjanakul,…
-
US targets Thai exports for strict origin checks amid trade concerns
The United States has identified 50 to 60 Thai products for stringent origin verification to prevent circumvention of trade regulations through false origin claims for exports to the US, as stated by Finance Minister Pichai Chunhavajira. He noted that the US is focusing on the issuance of certificates of origin (C/O) to prevent misuse of trade privileges granted to Thailand,…
Don't forget to check out some other things to do in Thailand - get help starting a business or finding a job in Thailand, buy Thailand property, rent a yacht or book a medical procedure worldwide.