Erik and Monique thought they had a golden idea: selling stroopwafels in Thailand. What started as a dream full of shiny opportunities, ended in a sticky fiasco. Maybe they were already number 103 in the line of Dutch people who had the idea to sell stroopwafels in Thailand. A tragicomic story about ambition, naivety and a stroopwafel temple that never came.

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Investors from China have pumped a lot of money into Bangkok, but local entrepreneurs are complaining. From restaurants to flower markets, businesses from Chinese investors are popping up in both Chinatowns, Yaowarat and Huai Khwang. They are taking part of the profits from Thai entrepreneurs who hoped to make a profit again after Covid-19 because of tourists from China.

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William Heinecke, the Thai dream

By Joseph Boy
Posted in Background
Tags: ,
April 2, 2022

An American who made a dream come true in Thailand, gave up his American citizenship and took on Thai nationality. A fairytale; actually too good to be true.

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“These are difficult times for most companies right now. That is why the Foundation strives to help, advise and assist in a practical way. After all, this is the goal of the Foundation and it is needed more than ever! Thailand Zakelijk is a Dutch foundation of Dutch entrepreneurs who are an active part of the business community in Thailand.

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On the website of The Big Chilli I read a profile of Peter Brongers, a native of Groningen, who came to Thailand in 1995 and has been working in Cambodia since 2008. In that profile sketch his career is described and he indicates some differences in doing business in Cambodia compared to Thailand.

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A meeting with Chonburi Governor Pakarathorn Thienchai, Tourism Minister Pipat Ratchakitprakarn and Pattaya Mayor Sonthaya Kunplome at City Hall to reassure the Pattaya business community did not have the desired effect.

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Mark is going to start a beer bar. No, not an ordinary beer bar like there are hundreds in Pattaya, but different, better, nicer, the customers will come and come back, they all become regulars. A Gringo story about adventurers in Pattaya.

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The Thailand Business Foundation remains undaunted, even in these difficult times for many entrepreneurs, by organizing meetings. The aim of these so-called network drinks evenings is to support (future) entrepreneurs in any way with information and to offer them the opportunity to exchange ideas about current entrepreneurship in Thailand.

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Many thanks for the statements of support and advice on the first open letter. I'd like to show the sequel just to let others know how it doesn't end well.

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A Dutch translation of the open letter we sent to The Phuket News, among others, this letter was also posted on September 14, 2020.

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Thailand's Industrial Confidence Index stood at 75,9 in April. That is the lowest point in 11 years and a significant decrease in all sectors compared to the 88 point score in the previous month.

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Today, November 15, is the Day of the Entrepreneur, an initiative of MKB-Nederland. On this day we thank entrepreneurs for their guts and perseverance and we celebrate entrepreneurship. After all, entrepreneurs are of unprecedented value to the Netherlands and Belgium. They deserve to be put in the spotlight. Since 2016, it is the Day of the Entrepreneur every third Friday of November.

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Foreigners who use Thai stooges to set up or run a business in Thailand should watch their step. The government is considering amending the Foreign Business Act, with particular attention being paid to the definition of 'foreigners'.

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Dream of a future bar owner

By Gringo
Posted in Background
Tags: ,
January 13 2018

Starting a bar in Thailand is a dream for some. This dream can quickly turn into a nightmare if you don't arrange it properly. Gringo explains what is involved if you want to start a catering establishment in the Land of Smiles.

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The club for Dutch-speaking entrepreneurs in small and medium-sized enterprises, MKB Thailand, continues to grow and will organize numerous events again this new year. The year has only just started and there are already two fun and/or interesting meetings on the program.

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Selling a beauty salon in Thailand

By Klaas Klunder
Posted in Living in Thailand
Tags: ,
January 3 2018

Klaas's girlfriend puts her beauty salon up for sale because they are moving to her native village. A dozen or so interested people sign up. They paint beautiful views of what they are planning. Can the salon sell?

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The SME Thailand Monthly Meeting for Small and Medium Business Entrepreneurs will be held on November 23, 2017 as usual at The Captain's Pub of Hotel Mermaid in Sukhumvit Soi 22, Bangkok.

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This Thursday, August 17, MKB Thailand is organizing its monthly drinks evening at The Green Parrot in Bangkok. The drinks evening of this association for business people in small and medium-sized businesses is characterized by getting to know other entrepreneurs, exchanging experiences and possibly giving or receiving advice.

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I live and work in the Netherlands. According to my wife, I married a Thai in Thailand, I can get a yellow book on my next visit. That way I could also open a Thai bank account. I want to live in Thailand. When I now ask my clients to transfer the invoiced amount to this Thai bank account? Does that cause problems?

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NMT is currently assessing the interest in a possible follow-up to the recent trade mission in Thailand. That could well be participation in the Navy exhibition '4th Ship Technology for the Next Decade', which will be organized from 15-17 November 2017 in Pattaya by the Royal Thai Navy of Thailand.

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I would like to bring my girlfriend over from Thailand. Now I have two questions. My mother has her own company (for 20 years) and wants to act as a guarantor for me. Now she only doubts whether she has enough income, I would like to know what a company must do before she can guarantee my girlfriend.

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The University of Thai Chamber of Commerce's Center of Economic and Business Forecast conducts annual surveys on the popularity of business sectors. From that research, which is based on expected sales, costs, net profit and popularity, a forecast is made of business sectors that can be promising in the coming new year 2017.

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