Showing 1 - 10 of 40
Warning over minimum wage increase
Phusadee Arunmas, Published on 29/04/2024
» The University of the Thai Chamber of Commerce (UTCC) said that if the government raises the minimum daily wage to 400 baht nationwide, it may lead to GDP growing at at a rate below 2.6% and increase the rate of inflation to 3%, affecting consumer purchasing power.
Primer event rates Asean frameworks
Phusadee Arunmas, Published on 03/09/2023
» Thai representatives will attend the Asean Economic Council (AEC) meeting to discuss progress of the Digital Economic Framework Agreement (Defa) in Indonesia ahead of the 43rd Asean Summit.
Meeting backs forging digital framework
Business, Phusadee Arunmas, Published on 31/08/2023
» The latest meeting of the Asean Economic Ministers (AEM) agreed to establish the Asean Digital Economy Framework Agreement (Defa) with the aim of boosting the value of digital trade within the Asean region to as much as US$2 trillion by 2030, up from $400 billion in 2021.
Asean turns to UK, Russia
Business, Phusadee Arunmas, Published on 02/08/2023
» Asean is ramping up talks with the United Kingdom and Russia, with the aim of pushing forward economic cooperation.
Thailand's inequality remains entrenched
Business, Phusadee Arunmas, Published on 27/06/2023
» The Thai economy is suffering from widening inequality, with the proportion of poor people still hovering at 6-8% of the total, particularly in the agricultural sector.
Timor-Leste given roadmap for Asean
News, Phusadee Arunmas, Published on 15/06/2023
» The Association of Southeast Asian Nations (Asean) has endorsed a roadmap outlining steps for Timor-Leste to become the bloc's 11th member, a move that will benefit Thailand economically, a senior official at the Ministry of Foreign Affairs said on Wednesday.
Parsing the impact of the parched season
Business, Phusadee Arunmas, Published on 14/06/2023
» The effects of the El Niño weather pattern are becoming increasingly evident with the persistence of hot, dry weather and high temperatures despite the official start of the rainy season on May 22, as announced by the Meteorological Department.
Ministry maintains export target despite stagnation
Business, Phusadee Arunmas, Published on 31/05/2023
» The Commerce Ministry is keeping its export growth target of 1-2% this year despite Thai shipments falling for a seventh consecutive month in April.
Asean pact pushes local currencies
Business, Phusadee Arunmas, Published on 10/05/2023
» The cabinet has approved Asean's joint plans to push for the use of local currencies for payments in the region.
Agencies predict economic uptick
Business, Phusadee Arunmas, Published on 12/04/2023
» Prime Minister Prayut Chan-o-cha is feeling upbeat regarding Thailand's economic recovery, citing the forecasts of several reputable economic agencies including the Asian Development Bank (ADB) and Japan Center for Economic Research (JCER) that anticipate a rebound in 2023 and 2024.