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 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...
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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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Bank of Thailand to name new governor amid challenges
The Bank of Thailand (BoT) is set to appoint a new governor as Sethaput Suthiwartnarueput will conclude his term on September 30. The selection process is crucial, as the new governor will navigate Thailand’s economic challenges and influence monetary policy and financial stability. Applications for the position closed on June 4, with seven candidates in the running. The candidates are:…
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Dusit International eyes 16 billion baht revenue boost this year
Dusit International is set to bounce back in 2025, with the company projecting a revenue of 16 billion baht from its residential properties and reduced interest burdens. The company is confident in its recovery, as it moves closer to turning a profit, despite challenges faced in previous years. “Dusit International is on track for a strong turnaround,” said Suphajee Suthumpun,…
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Koh Larn registers 158 businesses in accommodation crackdown
To clean up Koh Larn’s rapidly expanding accommodation sector, Bang Lamung District Chief Patcharapat Srithanyanon announced the successful registration of unlicensed guesthouses and rentals on the popular tourist island. The crackdown, which aims to bring unregulated businesses into compliance, promises to improve transparency and foster sustainable development in the region. “Koh Larn has become a major destination for both Thai…
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Major disruptions as Krungthai, GSB, SCB announce maintenance
Millions of customers across Thailand are bracing for significant service interruptions as three of the country’s biggest banks – Krungthai, Government Savings Bank (GSB), and Siam Commercial Bank (SCB) – prepare for extensive system maintenance. The planned outages will affect online banking, ATMs, mobile applications, and payment services, leaving many customers scrambling to complete transactions ahead of the disruptions. Krungthai…
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‘Pre-bed purchase’ trend takes over Thailand’s shopping habits
Forget late-night snacks – in Thailand, the hottest thing at 9pm is a shopping spree. Thai consumers are increasingly embracing a unique habit: the “pre-bed purchase,” where online shopping peaks just before bedtime. This shift is transforming the retail landscape, with health and beauty products consistently topping wish lists across all demographics. The trend, driven by a desire for relaxation…
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Thai Fruits Festival 2025 launched to boost domestic durian sales
The Department of Internal Trade (DIT) and the Thai Fresh Market Association have jointly initiated the Thai Fruits Festival 2025 by DIT to distribute quality durian and promote domestic consumption, aiming to support local fruit prices. Goranij Nonejuie, Deputy Director General of the DIT, announced the collaboration with the Yes Bang Phli market in Samut Prakan to enhance fruit consumption…
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Thai-Cambodia border tensions rattle SET index
Tensions at the Thailand-Cambodia border have unsettled investors, with the Stock Exchange of Thailand (SET) index declining by 4.8% since May 15. Krungsri Capital Securities (KCS) reported that cross-border commerce disruptions and shaken confidence in sectors linked to Cambodia, such as beverages, food, cinemas, and hospitality, are contributing factors. Carabao Group, which generates 10% of its sales from Cambodia, and…
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Thai Smile shuts down after a decade of losses
After over a decade of struggling with continuous financial losses, Thai Airways International (THAI) has officially dissolved its wholly owned subsidiary, Thai Smile Airways. The decision marks the end of the budget airline’s operations, bringing a turbulent chapter to a close. The dissolution was officially announced to the Stock Exchange of Thailand (SET) on June 5, following a resolution passed…
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Thailand sukiyaki price war heats up as restaurants slash prices
Sukiyaki restaurants are slashing their prices in a fierce battle to attract customers, as tighter budgets and the sluggish economy continue to affect consumer spending. However, while the price war promises short-term gains, its long-term impact on sales and brand perception remains uncertain. Leading the charge are MK Restaurants and Suki Teenoi, two major players in the local sukiyaki scene.…
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Thailand invests 300 million baht in Thai AI language model
The National Science and Technology Development Agency (NSTDA) has collaborated with Siam AI Corporation to launch a Thai large language model (LLM), aiming to enhance Thailand’s artificial intelligence (AI) capabilities and sovereign AI strategy. Siam AI has committed an investment of 300 million baht to support this initiative. During the memorandum of understanding signing with Siam AI Corporation last Friday,…
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Thai-Cambodian border checkpoint closures risk trade disruption
The Ministry of Commerce has assessed the impact of the closure of Thai-Cambodian border trade checkpoints, effective from yesterday, June 8. The closure has affected small businesses and markets, prompting discussions with the private sector to address the situation. Last year, Aranyaprathet in Sa Kaeo province accounted for 63.4% of trade, valued at 110.718 billion baht (US$3.39 billion). Khlong Yai…
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Golden GI banana boom brings millions to Chaiyaphum farmers
The Office of Agricultural Economics Region 5 has highlighted the success of the golden banana export initiative in Nong Bua Daeng, Chaiyaphum province. This venture generates over 36 million baht annually for local farmers by producing golden bananas with geographical indication (GI) certification for the international market. Chaisak Wuttisak, director of the Office of Agricultural Economics Region 5 in Nakhon…
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Thailand urged to cut interest rates amid economic challenges
Thailand needs to adopt a more assertive approach in reducing interest rates due to its challenging growth outlook and low inflation, according to Somprawin Manprasert, a candidate for the position of Bank of Thailand (BoT)’s new governor. The benchmark interest rate, currently set at 1.75%, could be reduced by 75 to 100 basis points, Somprawin stated during an interview in Bangkok.…
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Bangkok and Koh Samui lead Europe’s summer getaways
Thailand has once again emerged as the number one summer destination for European tourists, with Bangkok topping the charts as the most popular spot. The country has held this coveted title for the past two years, according to a survey by the online booking platform Agoda. The survey revealed that a significant number of European visitors to Thailand hail from…
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Banthat Thong’s food scene fights back despite tourist drop
Bangkok’s beloved Banthat Thong Road is facing a food fight of its own, with dwindling tourist numbers, high prices, and cautious diners taking a bite out of business. But the Thai Restaurant Association insists the area’s culinary star hasn’t lost its shine. “Banthat Thong still has tremendous potential,” said Thai Restaurant Association President Chanon Koetcharoen. “It remains a top destination…
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Here comes the sun: Solar panel plan puts minister in firing line
A fresh push to boost solar panel use across Thailand has sparked a political power struggle, with critics warning the new bill could give the energy minister unchecked authority over who can harness the sun. The proposed legislation, aimed at streamlining solar panel installation and energy trade, has drawn mixed reactions from industry heavyweights, some calling it a bright idea,…
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Nestlé sues ex-partners over Nescafé trademark breach
Nestlé has initiated legal action against former business partners over the alleged infringement of the Nescafé trademark. The company is seeking 577 million baht in damages from Prayudh Mahagitsiri and Chalermchai Mahagitsiri, as stated in a company release dated May 30 (yesterday). The claim pertains to losses caused by an eight-day suspension of Nescafé sales after the Minburi Civil Court…
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Krungsri forecast for Thailand economic growth cut to 2.1%
Research by Krungsri has revised Thailand’s economic growth forecast for 2025 to 2.1%, down from an earlier estimate of 2.7%. This adjustment comes amid layered risks, including US trade policy uncertainties and domestic pressures. The government is advised to exercise caution in policy-making while responding effectively to rapidly evolving situations. Pimnara Hirankasi, head of economic research and executive researcher at…
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Thailand’s telecom giants clash amid spectrum auction concerns
Thailand’s multibillion-baht telecom war is heating up as the National Broadcasting and Telecommunications Commission (NBTC) officially opens bidding for high-demand mobile spectrum licences. The auction, scheduled for June 29, could reshape the country’s digital future—but not without controversy. Today, May 30, telecom giants True Move H and Advanced Info Service (AIS) submitted their applications to compete for spectrum licences in…
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NBTC seeks detailed analysis on digital TV future in 60 days
The National Broadcasting and Telecommunications Commission (NBTC) board has instructed its management to deliver a more definitive conclusion within 60 days regarding a study on the future of broadcasting. The board, after discussing the study yesterday, May 28, refrained from reaching a final decision, with NBTC Chairperson Sarana Boonbaichaiyapruck indicating the need for a more comprehensive analysis. The board seeks…
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Bitcoin hit! Crypto king eyes US$130k in grown-up glow-up
Bitcoin is not just for the tech bros and crypto cowboys anymore, it’s all grown up, flashing serious financial muscle as analysts tip it to smash through the US$130,000 barrier by year’s end. Following a high of US$111,000 last Thursday, financial analysts now peg bitcoin’s next major resistance at US$130,000, as the world’s top digital currency shakes off its wild-child…
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Thai billionaire passes empire torch to next generation
Thailand’s second-richest man, Charoen Sirivadhanabhakdi, is handing over the reins of his sprawling business empire to his five children as he steps back from day-to-day management. The 81 year old billionaire has transferred ownership of two major listed companies to his offspring, signalling a major shift in the country’s corporate landscape. According to filings made late yesterday, May 26, by…
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Thailand eyes 100,000-tonne rice boom at global convention
Thailand is actively promoting its unique and high-quality rice varieties, with expectations that the Thailand Rice Convention will result in orders for 100,000 tonnes and generate revenue exceeding 2 billion baht. During the 10th Thailand Rice Convention 2025 held in Bangkok yesterday, May 26, Commerce Minister Pichai Naripthaphan emphasised the government’s dedication to advancing Thailand’s rice sector. The Ministry of…
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TAT and AIS launch travel campaign to boost domestic tourism
The Tourism Authority of Thailand (TAT) has collaborated with Advanced Info Service (AIS) to introduce the Sukjai Travel Thailand – Aunjai Everywhere campaign to invigorate domestic tourism this year. The campaign focuses on showcasing both prominent cities and emerging travel destinations, beginning with an event on Banthat Thong Road in Bangkok, offering tourists an array of culinary delights and exclusive…
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TrueCorp outage chaos: Free data and calls offered
TrueCorp sparked nationwide chaos yesterday morning when mobile and Internet services suddenly crashed, leaving thousands of customers disconnected. The telecom giant has since apologised and promised compensation for those affected by the unexpected disruption. “Various services, including voice and data, are now returning to full capacity across all areas nationwide,” TrueCorp announced yesterday afternoon, May 22, trying to reassure frustrated…
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Hotel gold rush cools this year, but green deals heat up
After a blockbuster year for Thailand’s hotel market in 2024, the pace of property deals is beginning to cool, but savvy investors are turning their eyes to greener pastures. According to global real estate firm JLL, Thailand’s hotel transaction market in 2025 is undergoing a “normalisation” phase, with activity returning to sustainable levels. Following a record-breaking 22 billion baht in hotel…
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PTT to cut costs amid US tariffs and oil price drop
National oil and gas company PTT Plc is preparing to tackle US tariffs and a decline in global oil prices by cutting costs and enhancing operational efficiency to improve profitability. The company is also facing challenges in the petrochemical and oil refining sectors. PTT’s strategy includes three initiatives: Axis to reduce spending, D1 to foster asset synergy within the PTT…
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Thailand’s Pride Celebration 2025 boosts rainbow tourism economy
Central Pattana Plc (CPN), part of Central Group and operator of Central shopping centres, is reinforcing its dedication to diversity and equality with the launch of Thailand’s Pride Celebration 2025: Pride For All. Nattakit Tangpoonsinthana, CPN’s chief marketing officer, highlighted that the campaign celebrates Pride Month as a recognition of human rights and a strategic element for economic expansion. Thailand’s…
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Robinhood takes over as Foodpanda bows out of Thailand
Thailand’s food delivery game just got a major shake-up — and it’s Robinhood taking the wheel. Yesterday, May 20, Thai-born delivery platform Robinhood announced a strategic redirection agreement with Foodpanda Thailand, as the international giant prepares to exit the country after 13 years of operations. The move, effective immediately, allows Foodpanda customers, restaurant partners, and delivery riders to transition smoothly…
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