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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Sponsored Why long-term expats in Thailand say insurance is worth every baht
Thailand’s warm weather, low cost of living, and good healthcare attract many long-term expats, including retirees and remote workers. Life here feels easy and affordable, but medical costs can be high if something goes wrong. Private hospitals are popular because...
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Methods of developing sustainable growth
PHUKET: In six months, Thanyapura has doubled web traffic and engagement with our audience. But how did we do this? Is it possible for anyone to do so? These are all questions we were asking several months ago when we turned a corner in our marketing efforts and began to look at different strategies to make sure we saw growth,…
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Business Buzz: Just Google it
PHUKET: All business people tend to have a lot of questions each day about how to do this, what is the best way to do that, where can I find this and so on. More often than not, these questions go unanswered and so the problems remain unresolved and our business is no better off. But what if we could…
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Finance: Growth or value stocks, that is the question
PHUKET: Many investors do not understand the differences between growth stocks and value stocks, with the latter often being synonymous with Warren Buffett, the disciple of Benjamin Graham, who’s classic 1949 book The Intelligent Investor is considered the value stock investing bible. GROWTH STOCKS Growth stocks tend to be high-quality stocks of successful companies whose earnings are expected to continue…
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Phuket RevPAR takes hit with source market transition
PHUKET: Differences in source markets and government spending have forced Bali and Phuket to take dramatically different approaches to adjusting to the recent tourism climate with regards to balancing occupancy and rates. Hotels and resorts in Bali have taken a mostly unified approach by holding rates and allowing occupancy to dip. In Phuket, however, even within market segments, a number…
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Finance: Untangling international pensions
PHUKET: I have never had so many questions and so many misunderstandings of the current options with regard to pensions for international expats as have arisen over the last year. It doesn’t help that governments are changing their rules faster than ever. Today I will give a brief overview of the current situation for UK expats. First I will address…
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Hyperlocal taxi situation to grab market
PHUKET: Myteksi, an on-demand taxi booking service in Malaysia, quickly diversified its branding and services offered by successfully expanding throughout Southeast Asia. MyTeksi remains the leading taxi-booking application in Malaysia, but is better known in Phuket, and much of the rest of the region, as GrabTaxi. The company continues to work hand-in-hand with local government offices, after garnering the support…
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Business Buzz: Earn extra income with affiliate marketing
PHUKET: Affiliate Marketing is where people earn commissions by marketing and promoting other people’s products. This has become very popular in the online world, as people who have the expertise at creating products often do not possess the desire or the marketing skills or, often, the budget required to market them properly. Depending on the platform or organization, the commission…
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Finance: Growth stocks to beat market
PHUKET: Growth stocks are always popular with Wall Street and retail investors alike because they are companies with sustainable positive cash flows along with revenues and earnings that are expected to grow at an above-average rate relative to the stock market. Here are a couple of individual growth stocks that could be a good fit for your portfolio: Gilead Sciences,…
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Organic Corn Farm promotes agritourism on Phuket
PHUKET: Though agricultural tourism hasn’t really developed enough to make it a serious market segment on the island, that hasn’t stopped the government push for exploring yet another avenue for revenue. In 2014, then Phuket Governor Maitri Inthusut threw his weight behind elephants, goats and pineapples in hopes of seeing growth in Phuket agritourism and its One Tambon One Province…
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Business Buzz: Target your customer, not your competitor
PHUKET: We see it all the time in marketing, company X trying to prove they are better than company Y, engaging in tit-for-tat marketing and social media battles trying to out-compete the competition. Now, while there is the theory that any publicity is still beneficial, I would argue it is far better to engage your potential customers directly and build…
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Finance: Neil Woodford, financial genius?
PHUKET: I know this has been written about in other media already, but as this fund and its manager have a great track record and I believe we are nearing a sale in stocks, it is a good discussion to review. For those of you who don’t know the fund or manager, Neil Woodford ran the Invesco Perpetual Income Fund…
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Bangkok Hospital Group aims to broaden medical tourism with new facility
PHUKET: One of the primary reasons the Bangkok Hospital Group purchased Phuket International Hospital for 3.61 billion baht last year was to bring the hospital’s exceptionally strong aesthetic surgery branch into the fold, explains Sanguan Kunaporn, the Director of the Phuket Plastic Surgery Institute at Phuket International Hospital. This month, the group will stage the soft opening of a new…
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Finance: Stocking up on stocks
PHUKET: Market corrections like the one that started last August are never times to completely abandon the stock market. Instead, they are great opportunities to buy quality stocks with strong fundamentals and technical charts, that should emerge higher once the correction is over. For that reason, you should consider adding the following stocks to your market correction shopping list because…
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CFA dips into feline health care sector
PHUKET: The team behind the Chaofa Andaman (CFA) Pet Hospital has stepped forward to corner the feline segment of the pet healthcare market by opening Thailand’s first-ever cat-specific hospital next to their existing business on Chaofa East Road in Chalong. Open since July 2010, CFA Pet Hospital grew increasingly aware that cats were more stressed than other animals while visiting…
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Business Buzz: Facebook goes beyond “likes’ to “Reactions’
PHUKET: After many people asking for it, and rumors abounding as to how it will work, it is finally here: Facebook has announced a trial in Ireland and Spain for a new series of emoji called ‘Reactions”. Users now have the choice to rate posts with ‘like’, ‘love’, ‘haha’, ‘yay’, ‘wow’, ‘sad’ or ‘angry’, quite similar to the emoji responses…
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Finance: Symmetrical triangle of gold
PHUKET: Gold is such a different asset class that it can really be very confusing thinking about it. As I write, gold is forming a classic technical trading pattern known as a symmetrical triangle, which makes it an interesting time to talk about it. These consolidation patterns usually result in a big move one way or the other, but let…
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Business Buzz: Test to see if social media will work for your business
PHUKET: One of the most common objections people have about using social media is that, while they understand it works for other people, they think their business is different and it will not work for them. So I have put together a quick test to see if social media would benefit you: Do you have a website?Do you need more…
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Investment strategies for large sums of cash
PHUKET: Consider the following investing dilemma: You have recently received a large sum of money (from a pension payout, inheritance, the sale of property or a business) and you want to put this money to work for you. However, interest rates and returns on what are considered to be the safest investments (for example US and European bank deposits and…
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Sound advice on retiring rich and young
PHUKET: This last weekend I had the pleasure of attending a seminar from one of my business partners whom most Thai readers would be familiar with. They may not know, however, the extent of the business success that Paul Pattrapon has had outside of the limelight of being a Thai superstar. On top of singing, modeling, acting in soaps, hosting…
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Business Buzz: Success just clicks away
PHUKET: Following on from previous topics, if we know our sales funnel and can break it down into a process map, then we can analyze each step of the sales system, see where we have good and bad results, and increase our profitability by improving each area. Even a small tweak, improving only one or two per cent at each…
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Business Buzz: Value in organic search results
PHUKET: While I believe that because of Social Media (Optimization), Search Engine Optimization (SEO) itself is becoming less relevant, there is no doubt it is still important to get organic search results, especially with Google and YouTube, by far the leading search engines. Although the algorithm for ranking is constantly changed by Google, it is possible to analyze trends and…
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Finance: Focus on China when investing
PHUKET: China’s stock market is imploding and that’s not only shaking confidence in the country, it’s also impacting global financial markets. However, investors need to keep in mind that over the past 15 years, the Chinese stock market has actually experienced both sharp rises and steep falls, with the last crash occurring in 2007. The market then largely moved sideways…
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Business Buzz: Don’t forget the database
PHUKET: Almost every business these days has at least some form of website and social media presence. What still amazes me, though, is how few are creating a database – which is actually their biggest asset. Simple Marketing 101 suggests you need potential customers to make a sale. And the easiest way to get potential customers is to create a…
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Finance: Continuing education
PHUKET: I have always been a big fan of education. It was instilled in me by my father from the time I was young and saw all of my friends leaving education early for the allure of a quick paycheck. Obviously, the short-sightedness of that only becomes apparent in hindsight, but I don’t think it is ever too late to…
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Making life easier with HeadsUp
PHUKET: A young Phuket man is giving the world a ‘HeadsUp’ with a new application he helped to create, which is aimed at simplifying everyday life. Robert Conner, who is a former British International School of Phuket student, helped develop an app called ‘Hey! HeadsUp’ with his college friends Abhijay Bhatnagar and Arjun Bhatnagar. The app allows you to schedule…
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Business Buzz: Facebook hits billion in one day
PHUKET: If there was ever any doubt about the popularity and growing success of Facebook, on August 24 they answered their critics in the best possible way. It was the first time that a reported one billion users logged into their Facebook account on the same day. To put it into perspective, that was not a billion users in a…
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Finance: Yuan’s potential impact on stocks
PHUKET: China has fired a barrage in the ongoing global currency wars with its first devaluation in two decades in hopes of propping up its export-driven economy and reducing its politically dangerous loss of manufacturing jobs. Despite the dramatic headlines, what’s looking like a mere two per cent devaluation is unlikely to trigger a bear market in the global stock…
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Arrivals increase as room rates slide
PHUKET: While it’s encouraging that passenger arrivals at the island’s airport jumped by 11% during the first half (H1) of this year, compared to the same period last year, the flip side shows that hotels in all tiers tumbled with average room rates plunging from US$175 in H1 2014 to US$154, Bill Barnett, managing director of C9 Hotelworks said in…
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Business Buzz: Five tips for content creation for your business
PHUKET: The first priority in marketing through social media is to decide what you want to achieve. Is it for people to find out about a new service; to get them to visit your Facebook page; to educate them on something unknown; to be funny; or to shock with facts; or just to create brand awareness? Also think about where…
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Phuket’s infamous inflation linked to economic growth
PHUKET: Phuket inflation grew at a rate of 4.1 per cent in 2014, according to data released in C9 Hotelwork’s new Economic Overview of the island. What is clearly demonstrated in the numbers is how important tourism is as a driver of the economy. Using Gross Provincial Product (GPP) as the lead indicator, tourism directly accounts for 35.6 per cent…
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