Showing 1 - 4 of 4
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.
Who's afraid of automation and robots?
News, Sutapa Amornvivat, Published on 20/07/2016
» The recent Toyota Motor Thailand's layoff of 800 employees has caused quite a stir. Luckily, this incident turned out to be an isolated case, and not a prelude to mass unemployment. Yet, a real threat is imminent as the world's economies, advanced and emerging alike, are entering a brave new world of automation.
Megaprojects provide stimulus and long-term gains
News, Sutapa Amornvivat, Published on 17/02/2016
» The volatility in global financial markets has recently picked up again on the back of a series of mediocre economic data across the globe. Poor results for Thai exports in 2015 could very well extend further, putting a spotlight on the need for public investment more than ever. Without a doubt, the cabinet will be called upon to churn out the public infrastructure projects as promised.
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.