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Search Result for “labour costs”

Showing 1 - 10 of 3,169

OPINION

Beyond the hype: Gauging AI's true economic impact

Oped, Published on 30/05/2024

» According to tech leaders and many pundits and academics, artificial intelligence (AI) is poised to transform the world as we know it through unprecedented productivity gains. While some believe that machines soon will do everything humans can do, ushering in a new age of boundless prosperity, other predictions are at least more grounded. For example, Goldman Sachs predicts that generative AI will boost global GDP by 7% over the next decade, and the McKinsey Global Institute anticipates that the annual GDP growth rate could increase by 3-4 percentage points between now and 2040. For its part, The Economist expects that AI will create a blue-collar bonanza.

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GENERAL

India, Indonesia stand out for EM investors in ageing world

Published on 27/05/2024

» Emerging markets such as India and Indonesia, whose populations are growing at a solid pace, stand to benefit as demographics begin to play a bigger role in investment decisions, according to Fidelity International and BlackRock Investment Institute.

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GENERAL

An alternative path to growth

Business, Published on 27/05/2024

» Newly appointed Finance Minister Pichai Chunhavajira is taking a less hostile stance towards the Bank of Thailand than the premier, aiming to better coordinate fiscal and monetary policies.

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OPINION

PM bitten by travel bug

Oped, Editorial, Published on 25/05/2024

» Prime Minister Srettha Thavisin was set to conclude his overseas trips to France, Italy and Japan on Friday amid questions, if not criticism, over the real benefits they will bring the country.

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MOTORING

China's EV price war spreads overseas

South China Morning Post, Published on 25/05/2024

» BEIJING - A price war among Chinese electric vehicle (EV) assemblers is spreading to overseas markets as more than a dozen players look abroad to bolster sales and chase higher profits to offset losses at home.

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OPINION

Racing dreams

Oped, Postbag, Published on 24/05/2024

» Re: "Racing to poverty", (PostBag, May 23) & "Srettha woos Formula 1 giants in Italy", (BP, May 21).

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THAILAND

PAT Celebrates 73rd Anniversary, Announces Growth

Published on 17/05/2024

» The Port Authority of Thailand (PAT) held a ceremony on the 73rd anniversary of its founding, donating 36 million baht to the Chaloem Phrakiat project and announcing an operational profit net worth increase of 25.34 percent. PAT is motivated to advance potential initiatives that will propel the national economy forward and is committed to continuing its green port policy for sustainability, establishing goals to manage areas for the benefit of all sectors.

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THAILAND

Greenmoons and Laiye Unveil Smart Automation in Thailand

Published on 17/05/2024

» Greenmoons Co., Ltd., a leading startup specialising in digital transformation and web and app development, has now partnered with Laiye to introduce Robotic Process Automation (RPA) technology to the Thai market. Laiye, globally renowned for AI automation, excels in integrating robotic systems with intelligent automation (RPA+AI). This collaboration aims to transform Thai businesses into the digital age.

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GENERAL

Wage hike erodes April sentiment

Business, Lamonphet Apisitniran, Published on 16/05/2024

» The Thai Industries Sentiment Index (TISI) fell to 90.3 points in April, down from 92.4 points in March, with the planned daily minimum wage hike among the factors dealing a blow to business confidence, says the Federation of Thai Industries (FTI).

OPINION

A turning point for clean cooking

Oped, Published on 15/05/2024

» For most of her life, Florence Auma Ode cooked over an open fire in her Kenyan home. The resulting smoke coated the walls with a layer of soot and filled her lungs -- and those of her family members -- with particulate matter.