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Search Result for “labour market”

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WORLD

Ex-South Korea leader apologises for martial law crisis

AFP, Published on 20/02/2026

» SEOUL - South Korea's disgraced former president Yoon Suk Yeol apologised on Friday for the "hardship" caused by his 2024 martial law decree, a day after he was sentenced to life in prison for insurrection.

THAILAND

Reinventing the ‘Sick Man’: Aman Modi’s Blueprint for Thailand’s Next Act

Published on 20/02/2026

» After Thailand’s high-stakes election in February 2026, the kingdom finds itself at a crossroads. With GDP growth languishing at 1.6%—the lowest in the region—and household debt strangling the domestic engine, the "Sick Man of Asia" label has become a difficult reality to ignore.

BUSINESS

Conveyor belt sushi rises as Japanese dining cools

Business, Kuakul Mornkum, Published on 20/02/2026

» Conveyor belt sushi restaurants in Thailand have growth potential, while the overall Japanese restaurant sector is expected to see flat growth this year, says MAI-listed Maguro Group Plc.

BUSINESS

AXA Thailand aims for double-digit uptick

Business, Boonsong Lipimas, Published on 20/02/2026

» AXA Insurance Thailand is targeting double-digit growth in 2026, driven by expansion in health and commercial lines, with an executive citing last year's Hat Yai floods as a wake-up call that underscored rising protection needs in Thailand.

BUSINESS

Life segment forecasts watershed year in 2026

Business, Nuntawun Polkuamdee, Published on 20/02/2026

» Thailand's life insurance industry is on track for a milestone year, with total premiums for both life and non-life projected to exceed 1 trillion baht for the first time, driven by strong growth in health and critical illness coverage despite lingering economic headwinds.

THAILAND

Procurement deals face National Anti-Corruption Commission probe

News, Post Reporters, Published on 20/02/2026

» The National Anti-Corruption Commission (NACC) has launched an investigation into five procurement matters involving the Social Security Office (SSO) amid mounting public scrutiny over whether procedures were properly followed.

BUSINESS

Analysts warn disruption could slow GDP growth

Business, Nareerat Wiriyapong, Published on 20/02/2026

» The Thai economy could continue its growth trajectory and expand by 3% a year if the incoming Bhumjaithai-led coalition administration can complete its four-year term, say economists, though they warned any disruption in government formation might cause GDP growth to slide below 1.5% this year.

BUSINESS

Tour operators insist on VAT relief

Business, Narumon Kasemsuk, Published on 20/02/2026

» Outbound tour operators will continue to push for the removal of value-added tax (VAT) from overseas tour packages sold to local travellers, arguing the charge is redundant given other taxes paid at destinations.

OPINION

Border traders need help

Oped, Editorial, Published on 20/02/2026

» After months of suffering in silence, businesses along the Thai-Cambodian border are finally starting to speak up, saying the security measures implemented in the wake of the armed clashes between the two countries -- including border closures -- have dealt a heavy blow to their livelihoods.

THAILAND

Generali launches health plan with extra 50% coverage for critical illness

Published on 19/02/2026

» Generali Insurance (Thailand) is making a full-scale move into the premium health insurance market with the launch of its new product, “GEN HEALTH PREMIER”, under the concept of Beyond Lump Sum. The plan is designed to go beyond the limitations of traditional lump-sum plans with enhanced premium features, while addressing the lifestyles of consumers who value comprehensive and long-term cost-effective coverage. It targets both customers seeking premium-level health insurance that matches high-end medical services and expatriates working or residing in Thailand who require all-in-one coverage under a single policy. The product is offered exclusively through Generali Insurance brokers only.