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.
-
Sponsored Weekend road trip routes across Thailand [2025]
Weekend road trips in Thailand are a great way to enjoy beautiful scenery, local culture, and quick getaways without much travel time. From winding mountain routes in the north to coastal drives in the south, every journey brings new sights...
-
Phuket In Focus: AEC is coming – are you ready?
PHUKET: In 2015, the 10 member states of the Association of Southeast Asian Nations (Asean) – Thailand, Indonesia, Malaysia, the Philippines, Singapore, Brunei, Myanmar, Cambodia, Laos and Vietnam – will formally integrate their economies as part of the Asean Economic Community (AEC) initiative. The AEC will be similar to the European Economic community (EEC) where participating countries aim to develop…
-
Chalong means “celebrate’ – Phuket Business
PHUKET: They started the production just nine months ago but they already have reasons to celebrate – their product achieved international recognition, winning the highest award for a white rum at the International Wine and Spirit Competition in Hong Kong. But what’s even more important, it feels like a part of Phuket’s DNA – natural, local, merging traditions and cultures.…
-
Asian groups may invest US$150bn in markets abroad
PHUKET: Institutional investors based in Asia could look to invest in excess of US$150 billion in global real estate over the next five years, though not necessarily in domestic markets. According to the latest research from leading global real estate services provider, CBRE, since there is limited investable stock available in Asia, such investors – including banks, insurance companies as…
-
Last Call – Digging my way down to China
PHUKET: Growing up in California, one of my favorite pre-teen past times was digging holes. Not just holes but dark inviting spaces with a purpose. A fort, or looking for buried Aztec treasure, putting time capsules away to be dug up after people are weekending on Mars or the sadness of burying a demised goldfish or two. We never quite…
-
Asian demand for tablets and laptops insatiable
PHUKET: Southeast Asia’s internet infrastructure has improved by leaps and bounds, spurring the increasingly connected society to seek gratification for instant connectivity via portable devices such as tablets and laptops. In the last 12 months, demand for both devices grew to hit combined sales of nearly 14.2 million units across six of the region’s key markets – Singapore, Malaysia, Thailand,…
-
Cloud computing: Forecast sunny – Phuket Business
PHUKET: Lately, I have been hearing many stories of expats and tourists in Phuket whose laptops have been stolen. Having your laptop stolen is a terrible experience. You not only feel violated, but your life was basically on that computer. Picking up the pieces can be hard, but today it can be made easier with cloud computing. Cloud computing is…
-
Laguna Phuket announces major staff restructuring
PHUKET: Laguna Phuket has announced that it is undergoing a significant departmental restructuring and downsizing, but the company declines to confirm or deny reports that as many as 300, or 10 per cent, of its associates have left or are in the process of leaving.According to a press statement issued today (July 31), Laguna Phuket currently employs close to 3,000…
-
7-Eleven – Can’t live without it
PHUKET: Love it or hate it, the local 7-Eleven has become an integral part of daily life for most people living in urban Thailand.From its humble beginnings in 1920s Dallas, Texas, where ice factory employee John Jefferson Green began selling milk, eggs and bread from an improvised store in front of the factory, it has grown to be the largest…
-
Phuket International Boat Show and Royal Phuket Marina partner for five years
PHUKET: The Phuket International Boat Show (PIMEX) has secured its home for the future with the signing of a five-year host venue agreement with Royal Phuket Marina (RPM), the marine and luxury lifestyle destination on Phuket’s east coast. Having recently announced the dates for 2014 being moved to the popular January 9-12 timing, organisers say they are laying strong foundations…
-
Island trade drops by nearly 60% since last year
PHUKET: Three-quarters of the way into the government’s current fiscal year, the island’s export-import industry is dwindling, particularly when compared to last year’s benchmark trading year. Phuket Customs House’ records through June 30 show that the value of exports in the 2013 government fiscal year (October 1, 2012 to September 30, 2013) so far, is just over 5 billion baht…
-
Phuket’s inflation 10% higher than country
PHUKET: The island continues to outpace most of the rest of the country in terms of inflation, with the cost of living in Phuket during the first six months of the year, growing at a rate 10% faster than Thailand overall. Meanwhile, headline (overall) inflation in the Kingdom’s two main cities in the North and Northeast was more than 40%…
-
Expat retirement: abroad vs home – Phuket Finance
PHUKET: If you have been an expat for a good portion of your adult or working life, you may be wondering whether to retire abroad or return to your home country to retire. However, before you decide to become either a permanent expat or a returnee, you will need to take into account the following considerations: Your Retirement Income The…
-
Phuket’s footy club turnover doubles
PHUKET: Ticketing and merchandising revenue for the island’s pro soccer club, Phuket FC, doubled year-on-year, while the club’s fan turnout has swelled by 93% during the same period. Now at the mid-season point, business seems to booming for the island’s pro soccer club, at least compared to this time last year when fan support for the club was dwindling. But…
-
Phuket’s bulging market
PHUKET: In the latest drive to promote the island’s medical tourism industry, Bangkok Hospital Phuket (BHP) recently held an innovative “boob job” seminar. Entitled ” Breast Augmentation Using Contour Profile Gel Implant Live Surgery Workshop”, the seminar was attended by some 25 cosmetic surgeons from Asia Pacific countries, especially Thailand, Singapore, Malaysia and the Philippines Dr. Narongrit Havarungsi, BHP director,…
-
Low Cost Carriers: Save us from safety savings
PHUKET: Dying in an airplane crash is not exactly my idea of heading off into the hereafter with a veritable big bang. Much less trying to escape from a burning plane about to explode in a widescreen Bruce Willis Die Hard epic. But perhaps let me wind this back a little to pre-Grantville. Last Thursday, a last minute business meeting…
-
Phuket Waste 101 – Dousing the burning issue
PHUKET: As you begin to read this article, try to recall your consumer decisions and habits today. Did you go to the convenience store? What did you buy? Was it put in a plastic bag? When you were done consuming, how did you dispose of your waste? What about lunch – did you have takeaway scooped into one of those…
-
Phuket Business: A Swiss sip of homely bliss
PHUKET: Operators of hotels, restaurants, cafes and especially Swiss expats wanting a taste of home, can now purchase Caffe’ Chicco d’Oro and many other imported food products from Switzerland in Phuket. Patty Bamert together with Samai and Fredy Reutlinger, have recently opened their ‘Caffe’ Chicco d’Oro’ coffee and bistro shop in Kathu, serving the popular Swiss coffee brand of the…
-
Phuket Business Feature: Hydroponics – a happy medium
PHUKET: Located about a kilometer west of Chao Fah West road, en route to the Big Buddha, the DN hydroponic farm is not the bustling business operation it might at first seem. “I can supply large orders, but this is really just a hobby,” insists Pakdee “Doo” Khruthanang. Ms Pakdee’s primary hat is running her business, West Coast Divers, which…
-
Jaguar, Land Rover get new dealership in Phuket
PHUKET: Luxury car importer GB Automobile Co Ltd was recently appointed to be the sole, official authorized dealer for Land Rover and Jaguar cars in Phuket and the rest of Southern Thailand. The official grand opening of the new showroom is set for next month. Meanwhile, GB Auto is undergoing an extensive renovation of their showroom, which is adjacent to…
-
AP Superyachts berths new office in Patong
PHUKET: Luxury boating firm Asia Pacific Superyachts (APS) Phuket is growing, reports General Manager Gordon Fernandes. “We’re pleased to announce our headquarters have moved to a brand-new, purpose-built office in preparation for the exciting times ahead as more yachts discover the amazing cruising available in Southeast Asia,” he says. While the new offices offer increased facilities and staff to service…
-
Phuket Property Watch: Big bang of luxury
PHUKET: Welcome to rainy season in Phuket. It’s Friday morning as I ponder the sound of rain pelting down on the roof and it feels almost as if I’m in Syria taking incoming fire. My life is that of a minimalist. Give me a black t-shirt, shorts and a well worn pair of Sanuks. No watch, no jewelry, just an…
-
Phuket still on the map at TTM+ 2013
PHUKET: The island is still a top tourist hub in Southeast Asia, with a wide variety of hotels, resorts and hospitality-related businesses representing Phuket at 13th annual Thailand Travel Mart Plus 2013 (TTM+ 2013), held at the IMPACT Exhibition Hall in Bangkok recently. More than 800 delegates arrived from around the region to network with the 420 hospitality related organizations…
-
PIMEX 2014 organizer hyped about January date
PHUKET: The next Phuket International Boat Show (PIMEX) is open for business, having been taking bookings since early last month, May 2013. PIMEX 2014 is confirmed to take place between January 9 and 12 at Royal Phuket Marina and remains a permanent fixture in the island’s event calendar as it approaches its 11th year. “After careful analysis of the last…
-
PHUKET FINANCE: Don’t let a ‘wall of worry’ cut you off from a bull market
PHUKET: Although the economic numbers coming out of the United States are not exactly impressive, the S&P 500 has been hitting all time highs and at the end of April, was up some 14.5% since the start of the year, while gold, the ultimate investment of market contrarians, plunged the most in 33 years. In other words, the US stock…
-
SPECIAL REPORT: Recycling 101 – reducing a piling burden
PHUKET: By some estimates, as much as 20 per cent of the island’s rubbish gets recycled. But this number could be higher if more consumers were made aware of a few things.The island is home to dozens of small and medium scale scrap yard operations and recycling depots that make a living, if not a decent business, by buying back…
-
Expose your biz through FC sponsorship
PHUKET: Sponsorship experts Paul Poole (South East Asia) Co Ltd will represent the island’s pro soccer team, Phuket FC, in the club’s drive to find new sponsors for the second half of the 2013 season and beyond. The team is offering three tiers of sponsorship packages as follows: The first tier comprises a Main Shirt Sponsor, which will give the…
-
Phuket Finance: Educational arbitrage
PHUKET: I think everyone would agree that a big part of long term financial planning is saving for their children’s university fees, which continue to reach more and more astronomical heights. However, very few people realize there are many ways to greatly reduce these costs without reducing your child’s value on the job market. Arbitrage usually refers to buying a…
-
COMMON CENTS: AEC will bring opportunities, threats to Thai, ASEAN citizens
PHUKET: THE ASEAN Economic Community (AEC) to be established in 2015 creates a huge potential for the streamlined flow of labor, goods and services, and investment capital. However, along with this opportunity there are also potential threats which Thailand has to be aware of and address. It is my concern that Thailand is not doing enough to prepare and confront…
-
Navy shore-leave to inject 1 million dollars into economy
PHUKET: The island’s economy – especially at the party town of Patong – will be getting an early low-season boost thanks to this week’s visit by the American Navy supercarrier, USS Nimitz along with its armed missile-cruiser escort, the USS Princeton, which both moored off Phuket early this morning. Topping off a week-long journey through the South China Sea, and…
-
Phuket Business: Cashing in on Russian relations – Part II
PHUKET: Mr Phisak Nivataphand, the president of the Thai-Russian Chamber of Commerce and advisor for the Russian Studies Center of Chulalongkorn University, was in Phuket recently to give a speech as part of a seminar aimed at promoting Thai-Russian business relations . Organized by Thai-Russian media firm, Expert Media Co Ltd, the seminar was held at the Royal Phuket Marina.…
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.