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.
Herd Behavior and Firm-Specific Information
Thailand exhibits clear signs of aggregate herd behavior in its equity market, particularly during times of financial turbulence and negative market returns. The study finds that firm-specific information—measured through return residual, return skewness, and information discreteness—plays a pivotal role in shaping such behavior.
Five Pledges Will Shape Anutin's Time as Premier
Anutin Charnvirakul, newly endorsed as Thailand’s prime minister, faces an unusually fragile mandate shaped by a Memorandum of Agreement with the People’s Party (PP), which conditions his leadership on five key pledges: dissolving the House within four months, initiating constitutional reform via referendum and an elected drafting assembly, accelerating charter amendments, refraining from forming a majority government, and accepting PP’s role as the opposition.
Purbaya’s Thankless Task
Purbaya Yudhi Sadewa steps into the role of Indonesia’s new finance minister at a challenging time, tasked with navigating a 2026 budget already constrained by President Prabowo Subianto’s flagship programs while needing to boost tax revenues by 13.5% without rate hikes and cut the fiscal deficit to 2.48% of GDP.
Chief People Officers Outlook - September 2025
Chief People Officers are playing an increasingly strategic role in driving business resilience, transformation, and growth. While short-term labour markets show caution due to economic volatility, geopolitical tensions, and rapid technological shifts, the longer-term focus is on workforce transformation and organizational adaptability.
The Study of Economic Growth and Tourism Industry in Thailand
Thailand’s economic growth from 1995 to 2019 was strongly influenced by tourism revenue, visa exemption policies, and trade flows, all of which showed significant positive correlations with GDP, while unemployment had a negative impact.
The Minimum Wage Effects on Earnings and Sorting
Thailand’s introduction of a nationwide minimum wage hike in 2012–2013—an increase of over 40%—had significant impacts on worker earnings, employment dynamics, and the sorting between workers and firms.
The Impact of “Baan Yai” on Thai Politics: The Case of the 2025 Local Elections in the Lower North
The February 2025 Provincial Administrative Organisation (PAO) elections in Thailand’s Lower North underscored the enduring influence of powerful political families known as Baan Yai, who continue to dominate local politics through entrenched patronage networks and personal credibility.
Shadows of Censorship: Indonesia’s Content Moderation Policy Development
Indonesia’s content moderation framework, under MOCI Regulation No. 5/2020 and refined by Decree No. 522/2024, faces criticism for its opaque enforcement, broad legal definitions, and potential for overreach, which could stifle free expression. The introduction of the SAMAN system adds new moderation measures at a time when the country’s startup ecosystem is struggling, with investments plummeting from USD 10.9 billion in 2021 to USD 800 million in 2024.
People-First Housing: A Roadmap from Homes to Jobs to Prosperity in Indonesia
Indonesia’s economy remains resilient despite global headwinds, with medium-term growth projected to average 4.8% annually between 2025 and 2027.
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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.

