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 Do foreigners get free healthcare in Thailand?
Thailand’s healthcare system is well-regarded across Southeast Asia, with options ranging from public hospitals to world-class private facilities. But when it comes to foreign residents or tourists, healthcare access isn’t as straightforward. So, do foreigners get free healthcare in Thailand?...
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Facebook, WhatsApp, Instagram are down as the Facebook data centre crashes
Facebook, WhatsApp and Instagram are all down on this Monday evening. Users of Facebook’s suite of social media platforms are all non-responsive as millions of users try to access their accounts. Users on mobile, desktop and tablets are all affected. Issues started around 22:44 Thai Time and are currently impacting users worldwide with the hashtag #facebookdown trending on Twitter. We’re…
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Thai AirAsia operating 20 domestic routes from this month
From this month, Thai AirAsia is resuming a number of domestic routes, as well as introducing new ones. TTR Weekly reports that the low-cost carrier is now operating flights from Bangkok’s Don Mueang Airport to Phitsanulok, Nan, Loei, Sakon Nakhon, Surat Thani, Krabi, and Trang. It will also launch a new route from Chiang Mai to Hua Hin from October…
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Thai Airways to resume flights to countries with high vaccination rates
Thai Airways says it will start selling seats on flights to highly-vaccinated destinations from October 1. The struggling national carrier expects to resume flights to the UK, France, and Germany, as well as Japan and Australia. The Bangkok Post reports that airline bosses made the decision after several destinations reported vaccination rates of around 70%. Airline spokesman, Chai Eamsiri, says…
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Consumer complaints hotline targets rip-off shopkeepers
A nationwide hotline number is now in operation to allow consumers to file complaints against shop owners who overcharge for basic necessities. Nation Thailand reports that the Commerce Ministry has launched the 1569 hotline following complaints of excessive charges for essential goods. Shopkeepers are being warned they face penalties of over 7 years’ imprisonment and/or a fine of 140,000 baht…
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Thai government officials offered special promotional fares on Air Asia
Thai Air Asia has launched a promotional deal targeting government officials, members of the Federation of Thai Industries and the Thai Chamber of Commerce, as well as employees of state enterprises. The perks will also apply to their travel companions. The thinking behind the deal is that government officials were some of the first to be vaccinated and are not…
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Occupancy at alternative quarantine hotels takes a nosedive
Bookings at alternative quarantine hotels have plummeted, with Prin Pathanatham from AQ Club Thailand saying average occupancy is currently around 25 – 30%. It’s believed rumours the quarantine period may be reduced from next month have led to the drop in bookings, coupled with signs that infections may have peaked. And Prin says the resumption of domestic flights from dark…
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Desperate hotel operators look to Bangkok re-opening for signs of hope
Even with plans still up in the air and nothing confirmed, Thai hotel operators are pinning their hopes on Bangkok’s proposed re-opening next month. The president of the Thai Hotels Association says that while hotels don’t expect a huge uptake in bookings immediately, they are hopeful that average occupancy might reach 15 – 20% in the last 3 months of…
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Germany’s finest engineering applied to residential properties in Pattaya
PATTAYA: A few months ago, the German architect Mario Kleff demolished two new villas on Pratumnak Hill, which he is now replacing with a new one. The villa is being built using German engineering quality, with reinforced concrete and long steel girders. Intensive construction work has been underway at the Majestic Residence, Soi 366 Kasetsin, on Pratumnak Hill since…
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Suvarnabhumi’s ranking plummets in World’s Best Airports index
The results of this year’s World’s Best Airports awards are in, and in the last 10 years, Bangkok’s Suvarnabhumi has taken a nosedive from number 13 to 66. The awards, voted for by passengers, are run annually by UK consultancy, Skytrax. This year’s results were decided by an online survey that ran for a 12-month period between August 2020 and…
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Officials say employees are to resume work, compensated accordingly following ease on restrictions
With restrictions easing in “dark red” zones tomorrow, the Department of Labour Protection and Welfare has declared that employees can go back to work with their normal compensation, according to Thai media sources. The department has declared that employers are required to summon all employees back to work and pay them accordingly. If employees are not paid their wages, their…
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Phuket hoteliers looking to winter wonderland to bolster the Sandbox
by Bill Barnett from c9hotelworks.com As the Phuket Sandbox program continues to be the international gateway for overseas travellers to Thailand, island hoteliers are looking at what the winter season could look like. Traditionally a legacy market, many visitors during this period are called ‘snowbirds’ and are from Northern and Eastern Europe. Snowbird travellers are long-stay visitors, with a key…
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Become an investor in The Thaiger
Calling all Thaiger readers, viewers, fans and all – we’re offering a very exciting opportunity to anyone who’s been part of The Thaiger’s journey. With this announcement of our first capital raise, we’re offering you the opportunity to become an official shareholder of The Thaiger and join us on our mission to redefine the news and media landscape in Thailand…
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CP boss outlines 4 ways government could speed up pandemic recovery
One of Thailand’s wealthiest businessmen has outlined 4 ways in which the government could accelerate the country’s Covid-19 recovery. The Bangkok Post reports that Dhanin Chearavanont, senior chairman of the Charoen Pokphand Group, was responding to questions from journalist Suthichai Yoon during a Facebook Live interview yesterday. According to Dhanin, the government must increase relief measures for those affected by…
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OPINION: Why restaurants are so f**ked
Article by Guest Blogger Joelle Parenteau (This article contains some strong language that may offend some people) Covid 19 is about to kill restaurants by the thousands. This pandemic is the ultimate pressure test and restaurants are failing hard. Think about it: when we come out of this, your favourite food spots might not be there any more. Why are…
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Thai Airways selling 10 properties to raise capital
With deepening debt and the Covid-19 pandemic dragging on and flattening the tourism and travel industry, Thai Airways International is looking to sell off some large assets like buildings and properties to stabilise the struggling airline. The airline has been in the throes of bankruptcy and debt rehabilitation for months now after failing to secure a bailout from the government.…
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What is so important about the Sandbox?
OPINION by Bill Barnett from c9hotelworks.com Being on the ground in Phuket over the past sixteen months of the pandemic I have experienced the up’s and downs of pandemic tourism firsthand. Over the past month with the Sandbox program coming into place, we have seen over 13,000 travellers arrive at the Phuket International Airport. “What is so important about the…
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Inside story behind the Thailand property seachange
by Bill Barnett of c9hotelworks.com For Thailand’s real estate market, Covid-19 has brought massive changes in lifestyle and ongoing pandemic fatigue is pushing many domestic buyers to shift property investment preferences in favour of resort or countryside destinations. Whether you call it Plan B, a sea change or an escape plan, one thing for certain is that change is in the…
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Locked in a construction worker camp in Bangkok – Thailand’s hidden Covid tragedy | VIDEO
Friso Poldervaart and Greg Lange, founders of the Bangkok Community Help Foundation, spoke to The Thaiger this week about the critical problems emerging in some of the worker and construction camps. Some 80,000 people – mostly Burmese, Cambodian and Thai workers – have been isolated in these shanty towns, basically imprisoned. They are guarded by Thai police and army. Some…
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Thailand’s airlines feeling the pinch with no government support
Asia Aviation, the largest shareholder in Thai AirAsia, says the latest partial lockdown threatens TAA’s financial status, with no government aid forthcoming. AA executive chairman Tassapon Bijleveld says the industry has been limping along without any help for over a year now and wants to know how the government expects to collect tax once large businesses collapse. In a Bangkok…
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Starting up your business in Thailand the easy way with True Digital Park
Sponsored Article Looking for guidance in starting a business in Thailand? Look no further than the TDPK Startup Booster Program. This one-of-a-kind startup package is tailor-made to help you kick start your business journey in SE Asia. Not yet in Thailand? Don’t worry as you don’t even need to be in the country to take advantage of this program. Wherever…
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Machinist in Nonthaburi arrested for allegedly making, selling guns
Today, a factory machinist in Nonthaburi, a province north of Bangkok, was arrested for allegedly, illegally making, modifying, and selling guns out of a worker’s dormitory. Prajak Phoonphian, a 39 year old factory machinist was arrested early this morning after CSD police, acting on a warrant searched his dormitory at a lathe plant in the Pak Kret district in Nonthaburi.…
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Calls for factories to be moved out of residential areas after blaze at plastics plant
The Federation of Thai Industries is calling on the government to move factories away from residential neighbourhoods, following the devastating blaze in Samut Prakan, outside Bangkok. According to a Bangkok Post report, FTI chairman Supant Mongkolsuthree suggests factory owners could be given incentives to relocate, such as a reduction in corporate income tax and land tax. “Factory relocation requires support…
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Take a trip through Thailand with Sixt Rent a Car
Sponsored article Searching for a car rental service in Thailand? Look no further than Sixt Rent a Car. Founded in 1912 in Germany with just 3 vehicles, Sixt has since evolved to become an industry leader in mobility. Today, they are the top car rental company in Thailand, Germany, and Austria (and more), due to their strength in customer focus…
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Bangkok sex workers and bar staff call for monthly cash handouts
High heels were lined up on the ground and underwear was tied to a gate outside the Government House in Bangkok this morning as the city’s sex workers and other bar and nightlife staff called for monthly cash handouts. Covid-19 restrictions shut down bars and nightclubs, leaving many out of work for months. Only a group of around 20 gathered,…
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KLM to increase flights to Middle-East, Asia as border restrictions ease
The Dutch carrier KLM plans to increase its flights to Asian and Middle-Eastern destinations as countries plan for a re-opening of their borders. According to TTR Weekly, the airline’s summer network is almost the same as in 2019, but with a reduction in the number of flights on offer as a result of the pandemic. The airline plans to introduce…
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Pattaya bars plead for government help
Beer sellers of Pattaya are pleading with the government to let them open for foreign tourists. Also, to relax closure measures that apply to the entertainment businesses. Barring that, they ask for significant financial aid. The proprietors of beer-related businesses say they are suffering greatly due to the economic crisis. As per their statements to the associated press this week.…
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Large orange juice order leads to large “fine”
5 officials from the Excise Department are currently under investigation for allegedly asking for a 12,000 baht “fine” from a shop proprietor who had filled a substantial order for orange juice. The officials had been working in Bangkok at the time of their orange juice related fine giving. The 5 Excise officials have since been transferred to a different office…
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Thai amulets come to blockchain, blessed by grandmaster of spells and charms
Thailand is introducing Thai amulets on the blockchain. Crypto Amulets are selling Amulet non-fungible tokens (i.e., NFTs). However, unlike other NFTS, this crypto has been blessed by a grand master monk of spells and charms. The monk is LP Heng and the company’s website that sells Crypto Amulets touts the monk for his mystical powers. The company, Crypto Amulets, praises…
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Tourism program adds a plus
This weekend, the Phuket government announced a program whereby businesses can now flout their relative vaccinated status to customers with a certificate with a literal plus. The Amazing Thailand SHA Plus certification is reached via an online registration from the Amazing Thailand Safety and Health Administration aka SHA. The government has urged all businesses and venues that are 70% inoculated…
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Thailand’s quarantine hotels consider move to hybrid model
Hotels currently operating as alternative state quarantine facilities are considering moving to a hybrid model, as bookings drop ahead of Phuket’s re-opening. ASQ hotels say reduced demand means they may adopt a model whereby they accept both quarantining guests and regular guests from the second half of the year. Prin Pathanatham from the ASQ-ALQ Club Thailand says bookings have started…
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