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 Limited-time deal: Save 20% on Cigna's expat health plans forever
Starting a new life abroad is exciting—new culture, new lifestyle, and new chances to grow. But living far from home also means taking steps to protect your health in unfamiliar surroundings. Without the right coverage, even small health issues can...
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Tech-savvy traveler: gadgets that will enhance your next Thailand trip
Thailand has it all: stunning beaches, vibrant cities, and a rich culture. But getting around isn’t always easy, especially if it’s your first time. The right gadgets make the journey more comfortable, so you can enjoy the trip without hassle. Here are some tech essentials worth packing. Travel-Friendly Smart Devices Your phone and a few good apps can make getting…
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Finding the best brokers in Thailand: key features to check
To invest in Thailand’s financial markets, choosing an ideal broker for a problem-free and successful trading session is a necessity. For both new and experienced investors, a reliable broker with certain specific features can make a significant contribution in your trading session. To make a smart selection, follow these important features to choose among the best brokers in Thailand. 1.…
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Call it off: Thai telecom giants reject merger offers on the line
Shareholders of Thai telecom mobile carriers, Advanced Info Service (AIS) and Thaicom, have been advised to hang up on acquisition offers from their controlling entities. The boards are urging a firm “no” to the merger plans proposed by Gulf Energy Development and Intouch Holdings. Back in July, Gulf Energy, the powerhouse investor behind Thaicom, and Intouch Holdings, which calls the…
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Rising sun eclipses Thailand: Japan now No.1 for Chinese tourists
Japan has dethroned Thailand as the top destination for Chinese tourists in a stunning reversal of fortunes. A remarkable surge in visitors last year sent Thailand scrambling to refocus its tourism strategy across other Asian markets. According to the Japan National Tourism Organisation, Japan welcomed a whopping 6.98 million Chinese tourists in 2024, a staggering 188% increase. Meanwhile, Thailand’s Tourism…
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Power play: Thailand set to slash electricity bills with tariff tweak
In a shock move that could see electricity bills slashed, the Energy Regulatory Commission (ERC) is eyeing a reduction in the power tariff by 0.17 baht per kilowatt-hour. This welcome change hinges on the government trimming its budget for renewable energy promotion. At present, the power tariff stands at 4.15 baht per unit, with a chunk earmarked for renewable energy…
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Trump card for bitcoin: 2025’s super cycle sparks crypto buzz
Crypto analysts are buzzing with excitement at the prospect of a bitcoin “super cycle” in 2025, as Donald Trump‘s return to the US Presidency brings a pro-crypto windfall. His administration’s staunch support for Bitcoin is injecting new life into the market, with enthusiasts riding high on optimism. Bitcoin recently dipped from its late-2024 peak amid profit-taking and cautious interest rate…
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Tax cuts with a twist: SEZ businesses get a decade of ten-percenters
The Revenue Department is slashing corporate income tax to just 10% for businesses nestled in Thailand’s special economic zones (SEZs) for the next ten years in a stunning financial manoeuvre. The move, designed to inject life into these strategically positioned areas, is set to give them a major boost. Director General Pinsai Suraswadi revealed that this game-changing tax cut received…
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Retail therapy: Tops looks for Lunar New Year discounts, tourists
Central Food Retail Co., (CFR), the powerhouse behind Tops grocery stores, is banking on a flurry of government stimulus and a tourism boom to set tills ringing as the Lunar New Year approaches. Chakkit Chatupanyachotikul, the marketing maestro at CFR, is upbeat about the impact of the government’s Easy E-receipt tax deduction scheme, a nifty initiative running from January 16…
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Thai-ing up rates: BoT bosses feel heat over 2% cap warning
Bank of Thailand (BoT) bosses are under fire after warnings from the top brass at the National Economic and Social Development Council that their key policy rate should not breach the 2% mark. BoT chief advisor Supavud Saichuea insisted keeping the lid on interest rates is crucial, given the country’s inflation target and sluggish GDP growth. Speaking at a high-profile…
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Thailand’s nuclear power plan delayed amid policy uncertainties
Thailand is preparing for the integration of nuclear power technology but the implementation of the new power development plan (PDP) for small modular reactors (SMRs) is experiencing delays. The PDP, effective from 2024 to 2037, has yet to be enforced, involving collaboration between the Energy Regulatory Commission and the Office of Atoms for Peace on nuclear power and electricity management. SMRs,…
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Thailand sees record investment surge, driven by digital sector boom
Investments in Thailand are projected to increase this year, following a 35% rise in investment incentive applications, reaching 1.14 trillion baht (US$32.8 billion) last year. This marks the highest level since 2014, driven by substantial foreign direct investment (FDI) projects in data centres and cloud services, according to the Board of Investment (BoI). For the first time in 2024, the…
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Chinese tourists cancel Thailand trips amid safety concerns
Hotels and airlines are experiencing widespread cancellations from Chinese tour groups ahead of the Chinese New Year holiday, with independent tourist bookings also slowing due to safety concerns in Thailand. Eason Chan, a singer and actor from Hong Kong, cancelled a planned concert in Thailand last week, citing safety concerns for Chinese fans visiting the country. Additionally, Hong Kong’s Security…
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Noodle no more: Ramen shops fold under rising costs (video)
In an unprecedented wave of financial distress, a record number of ramen noodle eateries in Japan went belly up in 2024, unable to stomach the soaring ingredient and utility costs without raising their own prices. Research firm Teikoku Databank Ltd has revealed that insolvencies with liabilities of at least 10 million yen (approximately 2.2 million baht) surged by more than…
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Taxing tunes: Music giant pitches cut to boost Thailand’s soft power
Thailand’s largest music company made a bold appeal to the government for a corporate tax reduction in the entertainment sector, arguing it could supercharge the industry and bolster the nation’s soft power ambitions. GMM Music Plc CEO Phawit Chitrakorn paints a picture of an industry that thrives on slim profit margins, clocking in at a modest average of 10%. Phawit…
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Central Pattana’s 500 million baht Chinese New Year splash
Central Pattana Plc (CPN) isn’t playing small this Chinese New Year as they, together with Central Department Store Co Ltd (CDS), unleash a mega 500-million-baht spending spree on their dazzling The Great Chinese New Year bash. Running from now until February 6, this vibrant celebration is expected to dazzle at Central malls nationwide, including the ever-busy Esplanade Ratchada. Leading the…
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Fuel for thought: Thailand sees shift in consumer petrol gears
Thailand’s engines are revving as fuel consumption takes a notable 2% leap, in line with the country’s economic growth, which is pegged at a healthy 2.6% to 2.7% for 2024. The Department of Energy Business reveals that from January to November, Thais guzzled an average of 155 million litres of fuel daily. Turning heads in the petrol station queue is…
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Bitcoin hits the beach: Thailand’s sizzling crypto coup in Phuket
Phuket is set to become a crypto paradise as Thailand trials a new payment system using cryptocurrencies, all in a bid to make it easier than ever for tourists to splash their cash. The architect behind this brainwave reckon it’ll not only put a smile on the face of tech-savvy travellers but will also give the nation’s tourism sector a…
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Shipping a car from the US to Thailand: Regulations and costs explained
Shipping a car from the USA to Thailand may sound like a straightforward task, but it can quickly become a maze of regulations, fees, and paperwork that might leave you feeling overwhelmed. Whether you’re relocating or just want to take your favourite vehicle along for the ride, making sure you understand the basics before diving in is crucial. Picture this:…
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Exploring the digital marketing landscape in Thailand: Trends and insights
The world has become a global village, such that business people no longer have to limit themselves to serving the needs of the people close to them. This approach has especially taken over in Thailand, where business people previously relied on traditional marketing. They have since learned that by digitising a business, they not only make their products more accessible…
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Taxing times: Thailand cashes in on digital currency revolution
Finance Minister Pichai Chunhavajira has committed to comprehensive tax reform aimed at enhancing Thailand’s competitiveness and promoting the use of digital currency by the end of the year. During a seminar organised by the Marketing Association of Thailand, Pichai explained that the ministry’s strategy involves fostering business partnerships through incentives and attractive measures. He emphasised the necessity of revising the…
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Cabinet approves 3.78 trillion baht budget for 2026 fiscal year
The Thai Cabinet has sanctioned a 3.78 trillion baht (US$109 billion) budget for the 2026 fiscal year, alongside soft loans to assist small enterprises, as announced by officials yesterday, January 7. The budget, which includes an 860 billion baht (US$24. billion) deficit, is designed to invigorate the economy, according to Deputy Finance Minister Julapun Amornvivat. In the previous month, the…
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Pop Mart makes a splash in Pattaya with new By the Sea store
Global art toy phenomenon Pop Mart is turning heads once again, this time with the grand opening of its brand-new By the Sea store at Central Pattaya Shopping Centre. The quirky, seaside-themed outlet is the latest addition to Pop Mart’s Thai expansion, cementing its position as a major player in the booming collectable art toy market. The move follows Pop…
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Mama mia! Noodle giant stirs up billion-baht expansion plan
Thai President Foods Plc, famed for its beloved Mama instant noodles, is cooking up a major expansion plan worth over 1 billion baht. This bold move aims to ramp up production and expand plant facilities within the year. General Manager Pun Paniangvait unveiled that a hefty 777 million baht will be channelled into domestic enhancements. This budget will power the…
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Gold rush hour: Steady prices spark buyer frenzy in Thailand
Today’s gold prices in Thailand hold steady, sparking a sense of urgency among potential buyers. According to the Gold Traders Association (GTA), gold jewellery is priced at 43,650 baht per baht weight, mirroring closing figures yesterday, January 5. As announced at 9am today, 96.5% pure gold bullion is being bought at 43,050 baht per baht weight and sold at 43,150…
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Bitcoin soars as ETFs and halving spark a crypto frenzy
Bitcoin soared to dizzying heights last year, propelled by a swarm of spot Bitcoin exchange-traded funds (ETFs) introduced in January and April’s dramatic supply-halving event. These triggers, combined with a surge of interest from institutional investors, catapulted Bitcoin into the limelight, transforming it into a mainstream asset category. The crypto kingpin shattered records, peaking at an astounding US$100,000 in early…
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Cost to move from the US to Thailand: A complete expat budget guide
Moving to a new country can be both exciting and overwhelming, especially when you’re transitioning from the USA to Thailand. You might be dreaming of sandy beaches and bustling markets, but before you pack your bags, it’s crucial to understand the costs involved in this big change. From shipping your belongings to planning your travel and finding accommodations, every detail…
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Thailand has a unique approach to casino gaming and entertainment
Thailand, often called the “Land of Smiles,” is famous for its rich culture, stunning landscapes, and bustling cities. However, when it comes to gambling, the country offers a unique twist. “Officially, gambling is heavily restricted in Thailand, with the exception of the national lottery and horse racing” said UK casino JeffBet. While traditional casinos are not legally permitted, the demand…
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Thailand’s economy threatened by Trumponomics 2.0 and China’s slowdown
Thailand’s economic future faces uncertainty as Trump’s economic policy revision, dubbed Trumponomics 2.0, emerges as a significant threat to its growth in 2025. An independent academic highlights this as a primary concern, alongside other challenges including household debt, investment and interest rates, China’s economic slowdown, and geopolitical tensions. Trumponomics 2.0 is poised to impact Thailand’s GDP adversely by an estimated…
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Thailand to boost growth with new European trade deals
The Commerce Ministry is gearing up to enhance Thailand’s economic landscape by actively pursuing more free trade agreements (FTAs) next year, aiming for a 3% economic growth rate. This strategic move was detailed by Commerce Minister Pichai Naripthaphan following a crucial meeting with ministry officials and Federation of Thai Industries (FTI) executives, including FTI chairman Kriengkrai Thiennukul. Prime Minister Paetongtarn…
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Thailand tackles high household debt with new relief programme
Household debt continues to pose a significant challenge for policymakers in Thailand, with fears it could destabilise the economy. The Fiscal Policy Office reports that it stood at 89.6% of GDP by the second quarter of 2024. This marks a slight decrease from the first quarter’s 90.7%, yet it remains alarmingly high when compared to recommended thresholds. Pornchai Thiraveja, director-general…
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