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 Where to shop for sports gear at Jungceylon Phuket
Phuket might be known for its beaches and nightlife, but the island also has a thriving fitness culture. From Muay Thai gyms to beach runs at sunrise, staying active is part of daily life for many who live here (as...
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Booze ban barney: Phuket police defend dry crackdown on tipples
Phuket police have come under fire after swooping to shut down bars and restaurants mid-trade, claiming only venues with special service licences can sell alcohol during this week’s Buddhist holiday. The controversial clampdown came during Asarnha Bucha Day yesterday, July 10, and continues through tonight, July 11, for Khao Pansa, also known as Buddhist Lent. Officers in Rawai, Karon, and…
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Thai exports face threat from proposed 36% US tariff
The Employers’ Confederation of Thai Trade and Industry (EconThai) expressed concerns over the proposed 36% tariff on US imports of Thai products, highlighting potential challenges for the manufacturing sector and its workforce. Set to be implemented on August 1, the proposed tariff surpasses those on imports from other Southeast Asian nations, with Vietnam facing a 20% tariff, Malaysia 25%, and…
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Sweet crisis: Thailand races to rescue record longan harvest
Thailand’s mountains of sweet, golden longans are about to become a blessing and a headache all at once. Agriculture Minister Atthakorn Sirilattayakorn has ordered an all-hands-on-deck operation to tackle a record-breaking longan crop that’s expected to flood markets and risk crashing prices in the coming months. Speaking after chairing the first Policy Committee on Quality Longan Production Management meeting of…
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Thailand’s short-haul bookings dip, long-haul travel remains strong
Airlines reported that forward bookings for short-haul markets for the remainder of the year are weak, contrasting with the long-haul segment, while some carriers have shown interest in the Tourism Authority of Thailand’s (TAT) stimulus campaign. Deputy Governor of International Marketing for Asia and South Pacific at TAT, Pattaraanong Na Chiangmai, said that tourism in the second half of the…
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Thailand races to avert steep US tariffs with trade deal
Thailand has submitted its latest trade proposal to the United States in a last-minute effort to avoid steep tariffs on its exports, as confirmed by Finance Minister Pichai Chunhavajira. The move comes ahead of a July 9 deadline when a 90-day suspension capping tariffs at 10% for most nations is set to expire. If no agreement is reached, Washington plans…
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How old games are still informing the games played around the world
It can be easy to get caught up in the hype for brand-new games and titles that are potentially being released. But there’s a world of history there. People have always played games. That might mean a simple dice roll or a complex strategy board. Games have been around for thousands of years. The styles and settings might have changed,…
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Thai US tax talks stall as Vietnam races ahead
Thailand’s hopes of clinching a breakthrough tax agreement with the United States have hit a stumbling block, leaving officials scrambling for solutions—and exporters nervously watching from the sidelines. Deputy Prime Minister and Finance Minister Pichai Chunhavajira admitted yesterday, July 4, that the much-anticipated deal remains out of reach despite days of high-level negotiations in Washington. Speaking during a stopover in…
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Wage war: Hotels reel as 400-baht mandate hits hard
The government’s new minimum wage hike has sparked outrage among hoteliers already hanging by a thread. While Bangkok politicians celebrate, many in the provinces are calling it a death sentence for small businesses. On Tuesday, July 1, the Cabinet approved raising the daily minimum wage for hotel workers nationwide to 400 baht, with the decision fast-tracked into law via the…
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Siam Piwat and Huawei join forces to woo Chinese tourists
Thailand’s tourism industry is pulling out all the stops to win over high-spending visitors in an increasingly fierce global travel market. Now, a blockbuster partnership between Siam Piwat Group and tech titan Huawei promises to transform the way Chinese tourists experience the Land of Smiles. Siam Piwat, the powerhouse behind retail icons like Siam Paragon and ICONSIAM, has teamed up…
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Red Bull tycoon tops Thailand rich list with US$44.5 billion fortune
Red Bull really does give you wings—especially if your name is Chalerm Yoovidhya. The co-owner of the world-famous energy drink has officially been crowned Thailand’s richest man this year, boasting a staggering net worth of US$44.5 billion (1.4 trillion baht), according to Forbes magazine. Chalerm’s jaw-dropping fortune saw an eye-watering leap of US$8.5 billion, marking a 24% surge from the previous year.…
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Bangkok Bank backs Thai businesses entering Indonesia’s market
Bangkok Bank (BBL) is prepared to aid Thai medium-sized enterprises (SMEs) looking to expand into Indonesia, where there is significant potential across various supply chain industries. During the 2025 Indonesia Investment and Trade Forum, hosted by Bangkok Bank and its Indonesian affiliate Permata Bank, BBL president Chartsiri Sophonpanich highlighted Indonesia’s promising economic and social prospects. The country’s GDP per capita…
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Cambodia halts oil imports, Thai firms unfazed
Cambodia’s decision to halt refined oil imports from Thailand is unlikely to significantly affect Thai oil companies, as they have the flexibility to redirect their sales to other Asian countries, according to the Department of Energy Business (DOEB). Thai oil exporters currently send nearly 6 million litres of oil daily to Cambodia, which could instead be redirected to markets like…
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Thai Cabinet expands eligibility for ‘You Fight, We Help’ debt relief
Thailand is extending a lifeline to millions of debtors, expanding the eligibility for the popular “You Fight, We Help” debt relief initiative. The crucial change will allow debtors with arrears ranging from just one day to those overdue by more than a year to access vital assistance. To provide broader support, the Cabinet approved a revised framework that now includes…
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Thailand hotels face delays in 1.7 billion baht subsidy scheme
Hotel operators in Thailand are experiencing delays in the approval process for the initial phase of the 1.7 billion baht co-payment scheme, while some online travel agents (OTAs) are offering prices lower than those under the government’s subsidy. The scheme, aimed at local tourists, opened registration for the public yesterday, July 1, after hotels were able to register since June…
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India’s growth to boost Southeast Asia’s aviation market
India’s significant economic expansion is anticipated to bolster Southeast Asia’s aviation market, including Thailand’s aviation sector, as noted by the Indian airline IndiGo, which intends to introduce its new business class seating to Bangkok and Phuket. IndiGo Chief Executive Pieter Elbers highlighted that whenever new Southeast Asian destinations are launched or route capacities increased, there is a notable surge in…
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China’s durian craze drives Thailand’s tech farming boom
Most people either adore it or gag at the smell, but durian — the spiky “king of fruits” that “tastes like heaven and smells like hell” — is winning over Chinese consumers in record numbers. Thailand, the world’s top durian exporter, is racing to modernise production as demand from China soars. Chinese agricultural experts are now working alongside Thai farmers…
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Thailand’s 36% US tariff at risk: Will minister secure a deal?
Thailand is on the edge of a crucial trade deadline with the US, and the stakes couldn’t be higher. Finance Minister Pichai Chunhavajira announced today that he will be heading to the US next week for urgent trade negotiations. With Thailand facing a 36% tariff on its exports unless a deal is struck, time is running out for the kingdom to…
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Grab Thailand rolls out 0% fees, AI tools to save restaurants
As Thailand’s economy stumbles and food businesses tighten their belts, Grab Thailand is stepping in with a bold new lifeline. The food delivery giant has launched a series of targeted initiatives aimed at helping small restaurant operators and solo entrepreneurs survive the current financial crunch, complete with zero commission deals, AI tools and micro-loans. Chantsuda Thananitayaudom, country head of Grab…
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Chinese investment boosts amulet trade in Bangkok’s Pantip Plaza
The amulet business in Bangkok’s Pantip Plaza is booming, with foreign investors, especially from China, driving the trade of Thai Buddhist amulets and sacred objects. The market, once dominated by Thai collectors, has transformed into a major hub for Chinese investors, who have set up shop in the mall to cater to their fellow countrymen. Despite a slight downturn in…
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Thailand shopping giant hits CRC button on spending spree
Thailand retail heavyweight Central Retail Corporation (CRC) is splashing out up to 47 billion baht in a three-year spree of store openings, renovations and regional rollouts, even as spending on the high street looks shakier than a Black Friday bargain bin. CRC, listed on the Stock Exchange of Thailand (SET), unveiled a sweeping investment plan of 45–47 billion baht between…
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Totes tragic: Luxury handbag hire scene left holding the purse
Thailand’s luxury handbag hire scene has lost its sparkle, thanks to tighter wallets, fewer holidays and a growing trend for subtle spending over flashy splurges. Siam Borrow Bag Co Ltd, once riding high on the rise of rented luxury, is now facing a serious slump. Founder and owner Chadasa Panomyant says the high-end accessory rental business has struggled to bounce…
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Forex trading in 2025: trends and predictions
2025 is a big year for currency traders. With global markets shifting, inflation making headlines, and digital currencies rising fast, forex is no longer just for big banks and hedge funds. It’s become more accessible, more dynamic, and more exciting than ever before. If you’re curious about getting started with forex trading or want to stay ahead of the curve,…
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Thai hotels warn of layoffs amid 400 baht wage hike proposal
The Thai Hotels Association (THA) has raised concerns about potential large-scale layoffs in the hotel sector during the low season, should the government proceed with plans to increase the daily minimum wage to 400 baht next week. The THA has submitted a petition to the prime minister, urging the cancellation of this policy. La-iad Bungsrithong, an advisor to the THA…
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Bourse of concern: Thai stocks tumble after US strike on Iran
A United States military strike on Iran* has sent shockwaves through global markets, with Thailand’s stock exchange plunging to post-pandemic lows, prompting emergency stabilisation measures to stop the slide. The Stock Exchange of Thailand (SET) went into crisis mode yesterday, June 23, after fears of an escalating Middle East conflict caused oil prices to surge and Thai stocks to slump 1.3%,…
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Cambodian tourist numbers to Thailand drop 48% due to closures
Cambodian tourist numbers visiting Thailand have significantly decreased by 48% this month due to border closures, impacting a market already experiencing a slowdown since the previous year. Despite this, Thai AirAsia has reported a strong load factor on flights from Bangkok to Cambodia. Thapanee Kiatphaibool, governor of the Tourism Authority of Thailand (TAT), stated that Cambodian arrivals in the first…
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Everything you need to know about MetaTrader 4 (MT4)
Getting into trading can feel a bit confusing at first. A lot is going on, and it’s easy to feel lost. But one thing that really helps is using a platform that makes everything easier to manage. MetaTrader 4 (MT4) is one of those platforms that traders keep coming back to. It’s been around for years, and there’s a reason…
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EconThai warns against dissolving House amid political unrest
The Employers’ Confederation of Thai Trade and Industry (EconThai) has advised against dissolving the House of Representatives to tackle the weakened political stability in the wake of a leaked phone call between Prime Minister Paetongtarn Shinawatra and Hun Sen, former Cambodian prime minister. Tanit Sorat, vice-chairperson of EconThai, expressed concern about the potential political vacuum that could result from dissolving…
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Thai restaurants struggle with 400 baht minimum wage hike
The Thai Restaurant Association expressed concern about the impact of the recent decision to raise the daily minimum wage to 400 baht on the already struggling restaurant sector. This adjustment, effective from July 1, will apply to all workers in Bangkok and is extended to employees in most hotels and entertainment venues across the country. Currently, the minimum wage in…
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King Power seeks duty-free contract renegotiation after setbacks
Thailand’s leading duty-free giant King Power is in talks with Airports of Thailand (AOT) to renegotiate its contracts across five major airports, after claiming external factors severely impacted business performance. The duty-free giant, known for its extensive presence in airports across the country, raised concerns about an increasingly challenging market and the financial burden of maintaining its original commitments. In response, King Power is…
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Thailand SEC cracks down on margin loan misuse
The Securities and Exchange Commission (SEC) will initiate a second round of public hearings regarding tighter regulations on margin loans. This comes amid concerns that certain brokerages have allowed margin credit to be utilised for non-investment purposes. Surasak Ritthongpitak, the Assistant Secretary General of the SEC, indicated that forthcoming regulatory amendments will likely prevent securities firms from granting margin loans…
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