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 Top digital marketing and SEO agency: Why brands choose Convert Cake
A strong digital presence is a must for any business chasing market share and growth in this day and age. But turning that ambition into tangible results? That takes the right partner. And if you’ve been looking for a top...
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Thaksin pushes for high EV tax to protect Thailand’s car industry
Could the rise of electric vehicles (EVs) be putting Thailand’s homegrown auto industry at risk? Former PM Thaksin Shinawatra thinks so, and he’s pushing for drastic tax changes to protect local manufacturers from foreign competition. Thaksin has called for a high excise tax to be imposed on imported EVs that contain minimal local content, in a bid to protect Thailand’s…
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Bank of Thailand may cut rates amid US tariff concerns
The Bank of Thailand (BoT) may reduce interest rates multiple times by the end of this year to bolster the economy if US tariffs on Thai goods prove uncompetitive compared to regional counterparts. Head of research for the banking and financial sector at Kasikorn Research Centre, Kanjana Chockpisansin, indicated that the think tank anticipates at least one additional rate cut…
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Trump slashes Thai tariffs to 19% – but is there a catch?
US President Donald Trump has stunned Thailand and the wider ASEAN region by announcing a sharp cut in import tariffs on Thai goods, slashing rates from 36% to 19%. The decision, made public yesterday, July 31, via the former US president’s Truth Social platform, came just hours before an executive order was signed, locking the deal in from today, August…
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Cambodia border closures shift Thai trade to sea routes
Border closures with Cambodia have disrupted land transport, prompting a shift to alternative shipping routes. The conflict and closed checkpoints have hindered logistics that previously depended on Cambodian routes to reach Vietnam. As a result, businesses are now utilising sea transport and alternative land routes through Laos. The number of shipping lines servicing Cambodia has increased, leading to a reduction…
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Thailand considers tax breaks to boost off-peak tourism
The Revenue Department is contemplating tax incentives to boost tourism during the off-peak season, potentially enabling people to deduct travel expenses of up to 15,000 baht from their taxable income. Pinsai Suraswadi, director-general of the department, stated that discussions with the Tourism and Sports Ministry are underway to decide which provinces should be covered by these tax measures. The scope…
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US tariffs on Thailand expected to change in August
US tariffs on Thailand are anticipated to be announced on August 1 or August 2, with the rate expected to change from the current 36%, according to Finance Minister Pichai Chunhavajira. After achieving an unconditional ceasefire agreement along the Thai-Cambodian border, Pichai stated that negotiations with the US are progressing, with most issues resolved and only a few remaining. He…
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‘Flying Giant’ A380 becomes a costly nightmare for airlines
Two decades after its maiden flight, the Airbus A380 is back in demand as international travel roars back to life post-Covid. But while passengers may love its spacious cabins, airlines are groaning under the weight of its soaring maintenance costs. The European Union Aviation Safety Agency (EASA) has issued 95 airworthiness directives for the aircraft since 2020, more than double…
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Trump revives US trade talks with Cambodia and Thailand post-ceasefire
US President Donald Trump has directed US officials to restart trade negotiations with Cambodia and Thailand following the countries’ agreement to cease fighting along a contested border. “We have saved thousands of lives by ending this war. I have instructed my trade team to resume negotiations on trade,” Trump announced in a social media post yesterday. He indicated that he…
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Thai govt unleashes 87 billion baht to jolt economy
Thailand’s government is throwing billions at the economy in a high-stakes bid to spark recovery before time runs out. With just two months left in the fiscal year, the Budget Bureau has unleashed 87.36 billion baht to fund 148 urgent economic stimulus projects, according to Deputy Finance Permanent Secretary Theerarak Saengsanit. The hefty injection accounts for 75.72% of the 115…
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Thailand taps digital wallet leftovers to fight Trump’s tariffs
The Thai government is rushing to prop up struggling businesses as Washington’s trade crackdown starts hitting closer to home. An anonymous source from Government House revealed that US President Donald Trump’s reciprocal tariff policy is expected to severely impact local entrepreneurs. In response, the economic stimulus committee has decided to allocate 42 billion baht—leftover from the digital wallet scheme—to aid…
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Oui snack: French salami hits 7-Eleven shelves in Thailand
Get ready to spice up your snack game – French salami is coming to a 7-Eleven near you. Charoen Pokphand Foods (CPF) has just launched two premium cold cut products – Bucher Rosette Salami and Bucher Chorizo Salami – imported directly from France and now available in select Thai 7-Eleven branches starting July 31. The gourmet cold cuts, produced by…
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King Power closes outlets amid cost-cutting drive
Thailand’s duty-free giant King Power is closing three of its downtown branches in a sweeping cost-cutting move that includes a voluntary redundancy programme for staff across the company. The Srivaree, Pattaya, and Mahanakhon locations—once magnets for big-spending tour groups—will cease operations in September. The closures come as the retailer overhauls its business model amid sluggish post-pandemic sales and shifting consumer…
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Bank on change! New BoT boss to slash rates, stop baht bounce
Thailand’s incoming central bank governor is being told to hit the ground running, with business chiefs demanding urgent action to cut interest rates, ease borrowing rules and stop the baht getting too strong. Vitai Ratanakorn, head of the Government Savings Bank and set to take over the top job at the Bank of Thailand in October, has been handed a…
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Main trends of the gaming market and investments in Thailand
Gaming market sector now stands at an inflection point. Market scale, tech advances, and evolving player tastes form a potent mix. You gain better platforms and deeper gameplay. Titles like Pac-Man or Super Mario are nostalgic for many people. They were the precursors to modern video games and entertainment at 1xbet casino and other gambling platforms. The gaming sector is…
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Thailand boosts economy with medical and wellness tourism focus
Thailand is exploring opportunities in the medical and wellness sectors to address domestic economic challenges, characterised by slow growth amid global uncertainties. The nation is focusing on medical and wellness tourism, medical manufacturing, and elderly care solutions to stimulate economic activity, according to Messe Düsseldorf Asia, an international trade organiser. These sectors are anticipated to grow the domestic market by…
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Thailand targets 2.8 trillion baht tourism revenue in 2026
Thailand is chasing a high-stakes travel comeback — and it’s banking on quality over quantity to get there. The Tourism Authority of Thailand (TAT) unveiled its bold vision for 2026: raking in a staggering 2.8 trillion baht in tourism revenue and breaking into the world’s top 10 countries for tourism income. It’s an ambitious leap — a 5% boost from…
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The rise of fintech in Thailand: technology vs traditional banking
Thailand’s financial landscape is undergoing a profound transformation. At the heart of this evolution is the meteoric rise of financial technology (fintech), a sector that disrupts the traditional banking model. And also reshapes consumer behaviour and the competitive landscape. Mobile-first platforms, e-wallets, and digital lending services have become mainstream. And the battle between fintech and traditional banks intensifies. And it…
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Free trade or free fall? Thailand struggles to keep up with Vietnam in US talks
Thailand is falling behind Vietnam in trade talks with the United States and could be forced to make tough choices if it wants to stay in the economic game, a top economist has warned. According to international trade expert Somjai Phagaphasvivat, Thailand’s lack of wide-ranging free trade agreements (FTAs) is putting it at a disadvantage compared to Vietnam, which has…
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Blockchain in Thailand’s entertainment industry
Blockchain has started to transform entertainment markets. Streaming, gaming, and content licensing companies are using it to simplify transactions and protect rights. New platforms now build their payment and advertising systems on blockchain to attract global users and creators. Investors and developers see this trend as a chance to expand services. Many companies now link blockchain tools with advertising networks…
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Strategies to earn money online: what’s changing in 2025
In Thailand’s shifting digital economy, seasoned players now have broader options to earn money online. From content creation and affiliate links to micro-wallet arbitrage, platforms keep expanding rapidly. Platforms like 1xbet Mongolia are tapping into this shift by combining entertainment with earning potential in ways that feel personal and direct. The online sports betting affiliate program mentioned here allows affiliates…
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Growth of eSport culture in Thailand
eSports is quickly turning into one of Thailand’s fastest-growing forms of entertainment. Tournaments draw many live viewers and people watching online. The money made from sponsorships, event tickets, and media rights keeps going up each year, helped by partners both in Thailand and from other countries. expansion attracts investors, players, and event organisers. The Thailand E-Sports Federation manages professional standards…
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Banking on trouble: SCB scales back as storm brews in Thailand
Siam Commercial Bank (SCB) is battening down the hatches and scaling back its operations for the next 12 to 18 months, warning of tough times ahead as Thailand’s economy hits choppy waters. SCB Chief Executive Kris Chantanotoke painted a bleak picture of the months to come, blaming soaring household debt, sluggish growth, and the threat of US tariffs for the…
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Shock decision: Electricity bills stay high despite energy dip
Electricity bills in Thailand are set to stay stubbornly high for the rest of the year, despite falling fuel costs, lower demand and a stronger baht. The Energy Regulatory Commission (ERC) has chosen to freeze the power tariff at 3.98 baht per unit, brushing aside options for a cheaper rate, even as economic conditions hinted at a possible reduction. The…
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Phuket tourism revenue set to rise 10% amid European off-season surge
Phuket is experiencing a notable shift in tourism patterns as European visitors increasingly opt for off-season travel, with tourism revenue anticipated to grow by over 40 billion baht, or approximately 10%, this year, according to the Phuket Tourist Association. The association’s president, Thanet Tantipiriyakit, highlighted a growing interest among tourists from the UK, Germany, and France in visiting Phuket during…
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Farm fury erupts as US trade demands threaten Thai agriculture
Thailand is under mounting pressure as trade talks with the United States teeter on the edge of crisis, with farmers warning that Washington’s demands could devastate local agriculture and threaten national food security. Deputy Prime Minister and Finance Minister Pichai Chunhavajira confirmed today, July 16, that negotiations remain deadlocked as the US pushes Thailand to slash tariffs on pork, chicken,…
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Thailand anticipates record 2.4 million Indian tourists despite Air India crash
Indian arrivals to Thailand remain strong, despite a recent Air India aircraft accident, with the Tourism Authority of Thailand (TAT) forecasting a record 2.4 million arrivals from India this year. This resilience contrasts with a sluggish short-haul market trend. The TAT has announced that several airlines are interested in joining a forthcoming 750-million-baht flight stimulus programme. ASEAN Executive Director, Patsee…
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Sticker shock: Thai food prices soar 106% as wages lag behind
Eating out in Bangkok is becoming a luxury few can afford, with research revealing Thai food prices have more than doubled in just over a decade, while wages have barely kept pace. A new study by the Agency for Real Estate Affairs (AREA) has revealed that the cost of food in Thailand has skyrocketed by 106.5% over the past 13…
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Gother’s travel takeover: Thai platform rockets 300% in 7 months
Thailand’s newest travel sensation is taking off at lightning speed. In just seven months, Gother has exploded with 300% business growth, setting its sights on becoming the country’s ultimate travel booking powerhouse. Gother, the rising star of Thailand’s travel tech scene, is making waves with astonishing momentum since its launch in early 2024. Operated by Search Engine Optimisation Co., Ltd.,…
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Why copy trading appeals to the next generation of investors
The investment landscape is changing fast, and Gen Z and millennial investors are leading the charge with a completely different approach to building wealth. While their parents might have stuck to traditional mutual funds and financial advisors, today’s young investors are embracing copy trading as their gateway to the markets – and it’s easy to see why. Learning by Watching…
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UNESCO: Thailand primed to lead ASEAN AI revolution
Computing capabilities, data interoperability, and policy harmonisation are essential elements of ASEAN regional collaboration in developing artificial intelligence (AI) capabilities, according to UNESCO. The organisation emphasises Thailand’s potential to position itself as a strategic hub for AI capacity building, strengthening its leadership in Southeast Asia’s digital future. Thailand recently hosted the UNESCO Global Forum on the Ethics of AI, marking…
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