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So, you are planning to set up a new business in Thailand! This is definitely a great idea and you can ensure considerable profits in the long run. However, before beginning with your company registration in Thailand, it is important to do some basic analysis regarding the business idea. You might have prepared a long list of business ideas and now you need to narrow it down to pick the best one. Well, the process may require you to do basic cost, feasibility, and revenue analysis to know about potential income streams. If the revenue sources are higher than the potential cost of establishing and running a business, it may be easier to consider the idea for market validation. At the same time, it may help you to eliminate all those ideas that have poor revenue streams and can put more (more...)

The medical healthcare sector offers an incredible business opportunity in Thailand. Over the years, Bangkok has been the top-rated place for medical tourism leading to the estimated GDP growth of 3 billion US dollars. Stats reveal that almost 2 million patients visit Thailand on annual basis to receive treatments from different medical centers and hospitals. The main reason behind this popularity is that all the reputed hospitals in the country have state-of-the-art medical facilities with English-speaking doctors. With this, Thailand is now being recognized as a significant hub for excellence in the medical field and it has attracted more than $53.3 million of foreign investments to support the medical sector. Support of government for leading medical business in Thailand Thailand 4.0 (more...)

2020 has been a year full of challenges, uncertainties, and difficulties for business owners around the world. The big brands maintained to serve audience interests with their advanced delivery options online; however, many small businesses were closed due to limited financial support. Although the market got saturated for several months due to extended lockdown measures and the pandemic effect, the Thai government is welcoming new investors to balance the economical conditions. The high margins, online shopping behaviors, and recurring purchase patterns are also supporting foreign investors now to lead their brand. If you are also interested to do company registration in Thailand to serve the local or global community, there are several interesting factors that you should understand (more...)

So, you have set up the finest product line for your business in Thailand, still, people are not buying? Probably you have done enough market search and selected your niche very carefully to meet audience needs. Attracting potential customers towards your business requires constant efforts in marketing. Although many new-age business owners believe that marketing is almost the same as that of advertising, it is actually a very broad term. Marketing focuses on the entire process of providing customer service, delivering a product to the buyer, choosing the right niche, selling to the right audience, setting up price tags, and promoting the niche in the target market. If you are planning company registration in Thailand, it is equally important to make efforts for marketing your niche. (more...)

Thailand is known for its fascinating cultures, rich history, and vibrant hub for tourism. Another interesting aspect about this nation is that it is becoming a robust and thriving digital market with a heavy mobile-influenced population over the years. The business world has experienced a considerable shift from traditional advertising trends such as television, radio, and print to the new age digital trends. If we look at the stats, the country shows an 82% penetration rate for the internet with almost 90% of the smartphone users. The Thai consumers are observed to spend almost 9 hours a day accessing the internet on their mobile handsets as compared to any other country. The growth of internet users from the year 2017 onwards has been observed to be 24% with the extensive social (more...)