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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Long-term life in Thailand? 5 reasons private health insurance pays off in the long run
Thailand is a great place for expats and retirees, offering a warm climate, affordable living, and rich culture. However, healthcare can be tricky for foreigners since they aren’t eligible for public health coverage, and private care can be expensive. Private...
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Thai Airways challenging claims of over US$7 billion from leasing companies and Rolls Royce
Thai Airways is questioning claims from the lessors of some of its aircraft and Rolls-Royce, who service some of their aircraft engines. The airline is currently in the middle of lengthy bankruptcy proceedings as the court wades through thousands of creditor claims. The lessor and maintenance claims total over $US$7 billion. Thai Airways says that it’s not liable for the…
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Consumer groups sue Trade Competition Commission for approving CP-Tesco merger
Thailand’s Trade Competition Commission has been served with a lawsuit courtesy of the Foundation for Consumers and 37 other consumer groups, as a result of a merger between the conglomerate Charoen Pokphand Group and Lotus (formerly Tesco Lotus). “The Charoen Pokphand Group is a Thai conglomerate based in Bangkok. It is Thailand’s largest private company and one of the world’s…
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8 Thai Airlines must provide a business recovery plan or lose out on additional routes
Commercial Airlines Registered in Thailand must provide a business recovery plan or run the risk of the civil aviation authority of Thailand (CAAT) halting the allocation of additional routes. According to reports, eight airlines have been targeted. The 8 airlines on the list from the Civil Aviation Commission (CAC) are Thai Airways, Thai Smile Airways, Nok Air, AirAsia X, VietJet…
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Airline executive arrested for failure to pay wages of 150 workers
An airline executive has been arrested in the central province of Samut Songkhram, after complaints from150 employees that they had not been paid. Chawengsak Noiprasan, who had a court warrant issued against him in October, was taken to Don Muang police station from a property in the Bang Khan Take sub-district. He is a board member of Siam Air Transport.…
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Domestic air passenger numbers double those of January
Passenger numbers on domestic flights within Thailand have doubled within a month, rising from 4,000 in January to over 10,000 this month. Having nearly recovered to pre-pandemic levels, domestic travel plummeted once more when Covid-19 resurfaced late last year. Apirat Chaiwongnoi from the Department of Airports says 15 of Thailand’s 29 airports are now operating domestic flights, with more expected…
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Legalisation of hemp cultivation is expected to boost stocks
Thailand’s recent legalisation of hemp cultivation is expected to boost stock prices in related sectors. Market analysts at KTBST Securities Research say plantation and refinery businesses are likely to be the first to to receive licenses to grow hemp or produce extracts, and those businesses should expect an uptick in stock prices. Market analysts add that businesses that plan to…
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Changes to Thai provincial Covid zones – what’s re-opening today?
There are quite a few changes coming into effect today around many of the Thai provinces. Some types of businesses will be re-opening and some restrictions are being lifted. The new measures go into effect TODAY. Here is a list from the National News Bureau of Thailand… Maximum control (Dark Red): Samut Sakhon The following locations will remain closed: Pubs,…
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Lights, camera, Covid – Tourism Ministry wants film crews to come to Thailand now
Without much luck with their ‘cunning ideas’ to draw back a few of the remaining world’s travellers, Thailand’s tourism officials are turning to the film industry to attract some people and investment. The Tourism and Sports Ministry is aiming to generate around 3 billion baht from foreign film crews and is targeting film projects with an investment over 100 million baht.…
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Taxi and transport drivers calling for help from the Thai government
Unions of Thai Taxi workers and Thai automobile drivers have handed over an official request to a government labour committee to file a request to the government seeking financial support. Thai Taxi workers passed over their requests to Suthep Yoo-on, the chairman of the Labour Committee officially seeking industry support. Just about all sectors of the country’s transport infrastructure have…
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Taxis and tuk tuks ask Thai government for help
Unions of Thai Taxi workers and Thai automobile drivers have handed over an official request to a government labour committee to file a request to the government seeking financial support. Thai Taxi workers passed over their requests to Suthep Yoo-on, the chairman of the Labour Committee officially seeking industry support. Just about all sectors of the country’s transport infrastructure have…
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Massage workers in Pattaya call for reopening of spas and massages shops
A group of about 50 workers from Pattaya massage shops and spas gathered together to call for the reopening of their businesses after being closed for the past month due to Covid-19 restrictions. The group called themselves the “Pattaya Health Massage” presented a letter signed by 60 massage shops, spas and gyms to Bang Lamung District Sheriff this morning. Chon…
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The ‘office’ is SO last century. Say hello to the world of remote working.
Do you work from home? Or can you work anywhere have a laptop and wi-fi? Are you a trader or selling stuff online? You’re part of a growing trend in modern work practices as the fancy city office becomes an expensive relic of the ‘old normal’. 2020 became the year of people working from home. In same case, it was…
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Chatuchak market is in worst crisis in 5 decades due to Covid-19, vendors say
Chatuchak Weekend Market, Bangkok’s biggest market and a popular tourist destination, is hit hard by the new wave of Covid-19. With the lack of foreign tourists due to travel restrictions over the past year, as well as more locals staying at home despite the market’s strict disease control measures, the number of visitors at the market has dropped by 90%.…
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Government is to allow people to use “legal” parts of cannabis in business
With intentions to promote cannabis as the country’s potential new cash crop, the government is preparing guideline to allow people to produce, sell or own cannabis and hemp. The permitted businesses, including textile, pharmaceutical, and cosmetics will be able to register to receive FDA permissions from January 29. According to the FDA secretary-general, leaves, stalks, stems, roots, flowers, and seeds…
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Future of Thai department stores is being redefined
While department stores have been a familiar destination for Thai people for many decades, CBRE, an international property consultant, is witnessing a decline in popularity and stunted growth, particularly in 2020 when Covid-19 adversely impacted the sector. CBRE believes that to adapt to e-commerce disruption and the changing consumer behaviour, department stores in 2021 (and beyond) will have to fine-tune…
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US jobs market stumbles back into decline
The labour market for the world’s largest economy is heading back into reverse mode after slowly chugging back into gear over the past 8 months, following the March stock crash and initial impacts of the US state lockdown measures.. The December report was the first drop since April figures, providing the strongest evidence of the impact of the huge number…
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Latest details of Covid restrictions and locations in Thailand | VIDEO
UPDATE: From tomorrow (Tuesday), restaurants will be required to close to in-dining customers, from 7pm to 6am. Restrictions are now in place, as of midnight last night, as the latest mitigations against Thailand’s Covid-19 outbreak. The outbreak, which kicked off on December 20 last year, has now reached most of Thailand’s provinces, some more affected than others, and that…
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Thai Restaurant Association asks PM not to restrict in-dining services
As the 4 day New Year long weekend comes to a close, there are a number of proposed restrictions looming as the CCSA battles to contain the latest outbreaks of cases, particularly in and around Bangkok and the nearby easter provinces. There is currently a proposal to restrict Bangkok’s restaurants to take away services only, as well as full travel…
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What’s closed in Bangkok? Decision on restaurants today.
Here’s the full list of closures from the BMA that went into effect at midnight last night in the city of Bangkok. The Bangkok Metropolitan Organisation has closed “high risk’ venues around Bangkok.(Pattaya/Banglamung list of restrictions and closures below) Entertainment venues, water parks, amusement parks, playgrounds, floating markets, flea markets, snooker and billiards clubs, arcade game premises, games shops, Internet…
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Thai government plans to amend business, immigration rules, for foreign investors
Foreign investors in Thailand have long decried the onerous, complex, and sometimes downright baffling, bureaucracy that comes with doing business in the Land of Smiles. And it appears officials in Bangkok are finally sitting up and taking notice. Nation Thailand reports that, in an effort to stimulate the ailing economy, the government plans to make some changes to the regulations…
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Something fishy about the Samut Sakhon Covid outbreak – who’s responsible?
Here are 2 resources for the above story… https://thethaiger.com/news/national/… http://www.rapid-asia.com/blog/forced… Until the weekend many people would have never heard of Samut Sakhon, a province just south west of Greater Bangkok and sharing a provincial border with the capital. The province is best known as a major hub for Thailand’s shrimp and fishing industry, packed with markets around the coastal tributaries…
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