At Fat Tiger Think Tank, we bridge research with real-world execution, ensuring businesses, governments, and policymakers have the data, analysis, and strategic frameworks they need to thrive in an evolving global economy.
Determinants of goodwill and its impact on post-merger and acquisition performance in Thailand: a firm-level analysis
Thailand’s merger and acquisition (M&A) landscape between 2008 and 2019 is explored in this study, which identifies the key drivers of goodwill, such as the target’s customer base, intangible assets, and expected synergies, and assesses how these factors influence post-acquisition performance. The findings highlight the importance of strategic synergy realization and prudent goodwill valuation in Thailand’s evolving M&A market.
Indonesia’s Positive Investment List: Sectors Open and Restricted to Foreign Businesses
Indonesia’s Positive Investment List, introduced through Presidential Regulation No. 49 of 2021, liberalizes over 200 business sectors for foreign investment, including transportation, energy, and telecommunications.
The Outcome of China’s Investment in Indonesia: Lessons from the Nickel Industry
Indonesia's nickel industry has become a focal point for Chinese foreign direct investment (FDI), driven by China's escalating demand for nickel in electric vehicle (EV) battery production.
The ASEAN DEFA: Empowering Indonesia’s MSMEs
Indonesia's micro, small, and medium-sized enterprises (MSMEs) stand to gain significantly from the ASEAN Digital Economy Framework Agreement (DEFA), which aims to standardize digital trade and financial services across the region.
Cisco AI Readiness Index - Thailand
Thailand's AI readiness is progressing but remains uneven across key pillars. While a majority of Thai businesses have defined AI strategies and show high deployment in IT infrastructure, critical challenges persist in areas like data management, governance, talent, and organizational culture.
Monetary Policy and Risk-Taking: Evidence from Thai Corporate Bond Markets
Focusing on Thailand’s corporate bond market from 2001–2020, the study reveals how low rates encourage firms, especially in the property sector—to issue riskier, longer-term bonds, often snapped up not by big institutions but by individual investors chasing higher yields.
Business and Politics in Urban Indonesia: Patrimonialism, Oligarchy and the State in Two Towns
Studies of the Indonesian political economy suggest a transformation of government-business relationship from a “patrimonial administrative” state, in which bureaucrats are dominant, to a “patrimonial oligarchic” state dominated by business actors.
Trump’s “Reciprocal Tariffs”: Global Trade Shock and Implications for Indonesia
The Trump administration’s method of defining “reciprocal tariffs” is unconventional, basing the rate on the extent of the U.S. trade deficit with each country rather than mirroring their actual tariffs.
What US President Trump’s tariff pause means for Indonesia
Just when the global economy began adjusting to the idea of a new normal under United States President Donald Trump’s reciprocal tariff doctrine, the plot twisted.
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Our Think Tank Focus Areas
Fat Tiger Think Tank is a dedicated research and advisory hub that drives strategic insights for businesses expanding into Southeast Asia.
Our think tank delivers cutting-edge market analysis, policy insights, and industry-specific research tailored to help companies navigate Thailand's evolving economy and other high-growth ASEAN markets.
📌 Geopolitical & Economic Research
Providing deep analysis on ASEAN and global economic trends to help businesses navigate regulatory landscapes, investment climates, and emerging opportunities.
📌 Industry Reports & Whitepapers
Data-driven insights into key industries—including technology, sustainability, infrastructure, and international trade.
📌 Market Entry & Business Intelligence
Through our Internationalisation Series and Trade Expos, we equip businesses with the insights, networks, and strategic roadmaps needed for cross-border success.

