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Search Result for “labour market”

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BUSINESS

Parsing the minimum wage hike debate

Business, Janine Phakdeetham, Published on 24/08/2022

» As Thai workers feel the pinch of soaring living expenses, the government has announced plans to raise the daily minimum wage by October to help alleviate the burden. However, some analysts argue the key to raising the quality of the Thai workforce lies in productivity.

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BUSINESS

Baht in spotlight after hitting 7-year low

Business, Janine Phakdeetham, Published on 13/07/2022

» The currency of Southeast Asia's second-largest economy hit a seven-year low of 36.35 baht against the greenback last week. Nonetheless, analysts feel upbeat about the baht's future in the second half of this year.

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BUSINESS

Manufacturing expands for 5th month in a row

Business, Janine Phakdeetham, Published on 03/06/2022

» Thai manufacturing grew for the fifth consecutive month in May despite a fall in demand, with safety stock building one of the key factors driving the expansion.

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BUSINESS

Explainer: Inside the case for a minimum wage hike

Business, Janine Phakdeetham, Published on 04/05/2022

» Thai workers are feeling the pinch from months of higher living expenses, leading them to take to the streets on Labour Day to demand a 45% increase in the daily minimum wage.

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BUSINESS

What's behind the oil price hike?

Business, Janine Phakdeetham, Published on 10/02/2022

» The Federation of Thai Industries (FTI) recently expressed concerns that global oil prices may continue to surge, reaching US$100 a barrel this year. High fuel prices could negatively affect many sectors across the pandemic-battered economy.

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BUSINESS

Trade group bullish on Thai steel demand

Business, Janine Phakdeetham, Published on 08/02/2022

» The Iron and Steel Institute of Thailand expects the country's steel market to expand at least 5% in 2022 and has called for more government collaboration.

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BUSINESS

World Bank urges 'deep digitalisation'

News, Janine Phakdeetham, Published on 16/12/2021

» Deep digitalisation and transformation are the keys to speeding up Thailand's recovery from the pandemic, says the World Bank.