Showing 1 - 3 of 3
Minimum wage hike's unintended outcome
News, Sutapa Amornvivat, Published on 20/09/2017
» A few weeks ago, a coalition of labour unions demanded more than a doubling of Thailand's minimum wage from 300 baht a day now to 700 by 2018. The proposed number aims to meet living costs, high enough to support two family members, assuming an inflation rate of 3% a year.
Time to refocus our exporting strengths
News, Sutapa Amornvivat, Published on 17/09/2014
» Thailand's exports have suffered such a great fall. Our performance has been disappointing since 2012. We at the SCB Economic Intelligence Centre (EIC) expect total exports for 2014 to grow by around 1% yearly.
Hard truths behind our faltering exports
News, Sutapa Amornvivat, Published on 16/07/2014
» Thai exports have suffered a great fall. Exports contracted by 0.3% in 2013, and for the first five months of this year, shrank further 1.2% year-on-year. This is particularly alarming, as global trade has started picking up since the beginning of this year.