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 5 ways retirees in Thailand lose money (and how to stop it)
Retiring in Thailand can be affordable and enjoyable, but many retirees lose money due to common mistakes. High living costs, scams, and unexpected expenses can quickly drain savings. There are five ways that retirees in Thailand can lose money and...
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Byte-sized bounce: Thai digital sector plugs back into confidence
Thailand’s digital sector has shown signs of life, climbing out of the red and back into confidence territory this year, thanks to artificial intelligence (AI) hype, economic boosters, and a softer policy rate. But insiders warn the rebound could short-circuit if skills shortages and wage hikes aren’t tackled fast. The Digital Economy Promotion Agency (DEPA) revealed that its Digital Industry…
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IMF urges Thailand to give baht-up households a helping hand
The International Monetary Fund (IMF) has warned Thailand to boost protections for struggling families or risk keeping millions trapped in a cycle of crushing debt, much of it borrowed just to put food on the table. In a hard-hitting Country Focus report released on April 9, the global financial watchdog highlighted that more than half of Thai workers lack formal…
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Thailand urged to address rising zero-dollar exports from China
Thailand’s economy is being short-changed by a flood of so-called “zero-dollar” investments and exports from China, with experts warning the government must clamp down, or risk a new wave of growth that benefits everyone but the Thais. Amonthep Chawla, chief economist at CIMB Thai Bank’s Economic Centre, said America’s latest tariff moves, both those aimed broadly and those specifically targeting…
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Thai travellers offered 50% off flights to China for Songkran
Chinese travel agents are pulling out all the stops to fill planes over the Songkran holiday, offering Thai tourists cut-price tickets to the mainland in a desperate bid to claw back losses after a dramatic drop in Chinese visitors to Thailand. Some tour operators are slashing fares by up to 50%, flogging unsold flight tickets at bargain rates rather than…
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Fizzy drink giants face sugar tax squeeze as sweet crackdown kicks in
Thailand’s fizzy favourites are feeling the pinch as a new sugar tax kicks in, forcing beverage makers to cut the sweet stuff or cough up more cash. Beverage chiefs and sweet drink producers have been slapped with a sour surprise as the Finance Ministry rolls out the latest phase of Thailand’s sugar tax crackdown, pushing firms to trim the sugar…
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Malaysians motor ahead as Chinese tourism hits a speed bump
Thailand’s tourism chiefs are shifting gears after a drop in Chinese arrivals put the brakes on what was expected to be a bumper Songkran season while Malaysians continue to flood in. The Tourism Authority of Thailand (TAT) revealed a surprise twist in the tourist traffic, with Chinese visitor numbers dipping just as their southern neighbours from Malaysia come roaring in.…
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Why you should always buy Instagram followers
You want more people to see the content you’ve spent days creating? You should buy Instagram followers. You want an Instagram presence that’s large enough to attract paid sponsors for your posts? You should buy Instagram followers. You want to build a social media community of users in your small business’ target audience, or you want to build brand awareness?…
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Thai stock market tumbles amid US tariff concerns
The Stock Exchange of Thailand (SET) today experienced a significant drop in share prices amid concerns over a potential trade war following tariff increases by the US government. The SET Index fell by 42.30 points or 3.76%, reaching 1,082.91 shortly after opening. The Thai market resumed trading after a three-day break, while other global markets were unsettled yesterday, April 7,…
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Thai Airways expands fleet with 45 Boeing dreamliners
Thai Airways International (THAI) has confirmed that fleet expansion is a key part of its strategy, with the airline set to procure 45 Boeing 787-9 Dreamliners as part of a major deal to increase its aircraft numbers and strengthen ties with the United States. In a bold move aimed at both modernising its fleet and supporting Thailand’s trade negotiations with…
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Asia-Pacific nations scramble to dodge Trump’s trade tariff tantrum
A tariff tsunami unleashed by US President Donald Trump is sending shockwaves across the Asia-Pacific, as countries scramble to dodge his trade tariff tantrum. While the 10% baseline tariffs kicked in on Saturday, April 5, even steeper charges are set to hit some nations from Wednesday and reactions range from furious to fretful. But rather than hitting back, many Asia-Pacific…
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Excise crackdown: 2.7 billion baht fines for tax evasion surge
The Excise Department has been directed to swiftly enforce a zero-tolerance policy on excise tax evasion, focusing on breaches of excise regulations. Deputy Finance Minister Paopoom Rojanasakul emphasised efforts to prevent the smuggling of goods without tax payment, particularly across borders and through online platforms. The department expressed a commitment to prosecuting and taking action against those involved in selling…
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Baht to the future: Thai currency takes a pounding as US tariffs bite
The Thai baht has taken a serious beating, diving to its weakest level in two and a half months, and it’s only set to sink further, after the US threw a financial curveball with a whopping 37% reciprocal tariff on Thai imports. The baht slipped to 34.38 to the dollar yesterday, April 3, with intraday lows hitting 34.44, a rate…
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Trump’s tariff tantrum: US slaps huge levies on world as trade war erupts
Donald Trump has thrown the world into economic turmoil, launching a full-scale trade war by slapping sweeping new tariffs on imports, including crippling levies on key allies. Thailand has been caught in the tariff crossfire too, with officials claiming the nation could suffer an US$8 billion hit if the US were to even up levies between the two countries. Semiconductor…
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Thailand revamps tourism strategy amid Chinese market slowdown
The Ministry of Tourism and Sports is revising its strategy for the latter half of the year in response to the subdued Chinese market and diminished confidence due to a recent earthquake. A new crisis management team will be established to address these challenges. The ministry plans discussions with a strategy consulting team to guide the Tourism Authority of Thailand…
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Thailand fast-tracks factory rooftop solar panel revolution
Thailand’s solar industry is set to shine brighter as the government launches a one-stop service centre aimed at slashing red tape and supercharging solar panel sales, according to suppliers. With the Cabinet greenlighting the initiative on March 27, the Energy, Interior, and Industry ministries will team up to streamline the approval process for factory rooftop solar installations, eliminating the frustrating…
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On-job connection: Thai telecom firm cut off in fraud scandal
Thailand’s telecom watchdog has reportedly pulled the plug on K4 Communication Company Ltd, revoking its licence over a multi-million-baht fraud scandal that allegedly left investors high and dry. K4, which operated as a mobile virtual network operator (MVNO) using National Telecom’s (NT) network, was shut down after its executives were hit with arrest warrants for joint fraud, Bangkok Post reported.…
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Thai Board of Trade caught in tariff crossfire over Uyghur issue
Thailand’s business leaders are urging firms to stay agile amid fears that the ongoing Uyghur issue could disrupt trade talks. Sanan Angubolkul, chairman of the Thai Board of Trade, warned it’s too early to predict the fallout but said businesses must adapt to survive. Companies are being urged to make the most of Thailand’s 16 free trade agreements (FTAs) with…
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Bringing home the bacon: Korat businesses struggle as pork prices soar
Rising pork prices have left business owners in Nakhon Ratchasima facing daily losses, with some considering closure. They urge the government to fulfill economic promises and address the needs of smaller businesses rather than focusing solely on the wealthy. At a gathering at Rabieng Kiang Nam restaurant in Hua Thale subdistrict, Mueang district, representatives from pork stalls and restaurants discussed…
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ATTA boss calls for boost to Chinese tourism market
The newly appointed president of the Association of Thai Travel Agents (ATTA) is urging the government to ramp up support for marketing initiatives and development to revive the lagging Chinese tourism market. Thanapol Cheewarattanaporn, elected for a two-year term, welcomed the Cabinet’s approval of the draft entertainment complex bill but emphasised the need for strict casino regulations and meaningful employment…
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Bitcoin to US Dollar exchange rate (BTC/USD)
Bitcoin (BTC) is the world’s most popular cryptocurrency, and its value against the US dollar (USD) fluctuates significantly. The BTC to USD exchange rate is determined by complex market forces that are influenced by several factors, such as Bitcoin’s supply and demand, US monetary policy, institutional investor demand, and global economic trends. Bitcoin Supply and Demand The price of BTC to…
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Thai food fight: Restaurant industry left starving as spending drops 40%
Thailand’s restaurant industry is in turmoil, with purchasing power dropping by over 40% in the first quarter of 2025, according to Thanivarn Kulmongkol, President of the Thai Restaurant Association. The sluggish economic recovery and stagnant incomes have left consumers tightening their belts, opting for savings rather than spending, especially ahead of major festivals like Songkran. This downturn is affecting all…
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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…
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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…
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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…
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Thai stock index jumps as gold hits record high amid Fed rate plans
In a striking turn for the Stock Exchange of Thailand (SET), the index surged for the third consecutive day, momentarily cracking the 1,200-point mark yesterday, as gold prices soared to record highs. This rally followed the Federal Reserve’s decision to maintain interest rates at 4.25-4.50%, as anticipated. Rakpong Charoenpong, Senior Vice President at KGI Securities (Thailand), attributed the buoyant market…
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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…
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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…
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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.…
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Credit crunch: Thai economy faces stormy skies
The Bank of Thailand (BoT) is sounding the alarm over slipping asset quality among wealthier borrowers, echoing a worrying trend seen in middle- and low-income groups as the Thai economy slows to a crawl. Minutes from the recent Monetary Policy Committee (MPC) meeting reveal mounting concerns about loan quality deteriorating across the board. This could lead banks to become even…
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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…
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