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 traders in Thailand are choosing EC Markets for gold and forex trading
Gold and forex trading have long been favourites among investors in Thailand, but why are so many traders now turning to EC Markets? The answer lies in a combination of tight spreads, ultra-fast execution, Thai baht (THB) deposit support, and...
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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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Business Buzz: Quick tips to increase results
PHUKET: One of the biggest issues businesses have with online marketing is attracting eyeballs to their content. It doesn’t matter how good your website or social media content is if no one sees it. So the secret to getting much better results is to get your content seen. Here are five quick tips on how to increase your results with…
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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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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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Laguna Tri-Fest draws Chinese numbers
PHUKET: Rising Chinese numbers at the Challenge Laguna Phuket Tri-Fest bodes well for years ahead, as the classic Phuket event looks to generate more than 90 million baht this year. “In the past two years, we’ve seen more than 50 per cent growth [in the number] of athletes from China, both at the Laguna Phuket International Marathon in June and…
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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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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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Finance: Dodge a crash with right investment
PHUKET: For those of you who have been reading my columns for some time now, you probably know that I am not the biggest fan of the stock market at the moment. You may think I am an idiot because I have spent years waiting patiently for the next crash while the markets continue to march on to new highs.…
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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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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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Charter rejection boosts economy
PHUKET: The rejection of the draft charter by the National Reform Council with a vote of 135-105 last week, along with measures to spur the economy worth a combined 136 billion baht, should overall have a positive affect on consumption, investment, and tourism, while also boosting internal economic activity, said Dr Anusorn Tamajai, dean of Rangsit University’s Faculty of Economics.…
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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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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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Charter rejection, stimulus package to boost economy
PHUKET: The rejection of the draft charter by the National Reform Council with a vote of 135-105 last Sunday, along with measures to spur the economy worth a combined 136 billion baht, should overall have a positive effect on consumption, investment, and tourism, while also boosting internal economic activity, says Dr Anusorn Tamajai, dean of Rangsit University’s Faculty of Economics.…
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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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Business Buzz: Your business needs social media
PHUKET: These days you hear that every business should have a social media presence, but why is this the case? This week, we explore the main reasons why social media is so important and, if done correctly, what benefits it brings to your business. BRANDING & EXPOSURE To launch a company, create a brand name and even just to be…
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Finance: Greece’s economy not too big to fail
PHUKET: As the Greek crisis continues to rattle financial markets and the euro, investors need to understand that Greece being in default is actually business as usual for the country when you look more closely at its history: Greece’s first default occurred during the fourth century BC when around a dozen Greek city-states borrowed from the Temple of Delos at…
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Bill to slash cheap package tours, arrival numbers to be unaffected
PHUKET: The plan by Cabinet to put an end to cheap tour group packages arriving in Thailand will not have a significant affect on the industry in Phuket, says Santi Pawai, Director of the Phuket office of the Ministry of Tourism and Sport (MOTS). “I’ve heard about the draft bill, but have yet to receive any official notification. I believe…
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Finance: Cash in on six forms of passive income
PHUKET: I have written before about the ideal financial situation. This exists when you have multiple streams of passive income which exceed your desired lifestyle. In this scenario, you can live as long as you want and your means will continue to grow, allowing you to contribute to society with the excess. There are different forms of passive income, and…
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Boat Lagoon prepared for community boom (video)
PHUKET: Boat Arcade will continue to focus on children’s activities and their needs in the second phase of the project, following the recent completion of the first phase, where the area has been developed as the ‘East Coast Edutainment and Family Center,’ confirmed Kanittha Prasopsirikul, managing director of ‘By Kanittha’ Company and Boat Arcade’s public relations representative. The marketing strategy…
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Business Buzz: Better profits via social media
PHUKET: When trying to increase profitability it is best to ascertain a company’s sales funnel, break it down into a process map and then analyze each of the sales procedures to see where the good and bad results are, as this will help in working out the changes needed to increase revenue in each area. Even a small tweak improving…
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Finance: Time to reinvest in bank stocks, ETFs
PHUKET: Bond yield curves have grown steeper and this means it is a good time to take a closer look at investing in bank stocks or bank ETFs, but risk-adverse investors will still need to be selective when choosing what to invest in. STEEPER CURVES ARE GOOD FOR BANKS To begin with some investing basics, short-term interest rates are set…
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Business Buzz: Is ‘social media’ a fad, or is it forever?
PHUKET: It doesn’t matter where we go today, we are surrounded by social media and its influences. Tweet this, like that, share and like this… Terms we were not familiar with not that long ago are now in common daily language. So is this a passing fad or is the social media craze here to stay, and even more importantly,…
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Video Report: Boat Arcade to open next month
PHUKET: With a lot of activities for children and their doting parents, the brand new Boat Arcade, branding itself as the ‘East Coast Edutainment & Family Center’, expects to be a smash hit when it opens its doors next month. The two-storey, high-street style shopping, dining and edutainment complex is dedicated to the island’s international community. Located at the Boat…
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Cruising through “Green Season’
PHUKET: Phuket has been recognized as a world-class cruising destination for many years, with the majority of sailors visiting during the ‘high’ season months. This period is noted for its favorable weather that keep the skies clear, cruising grounds sheltered and beaches packed. However, it is the ‘green season’, from June to October, that is becoming a popular alternative, offering…
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