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Search Result for “labour market”

Showing 1 - 10 of 31

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INVESTMENT

Shorter holding period for tax-deductible funds considered

Business, Wichit Chantanusornsiri, Published on 19/06/2024

» The Finance Ministry is considering measures to support the stock market, particularly shortening the holding period for tax-deductible stock mutual funds as an incentive for investors.

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GENERAL

Trade upgrade

Business, Wichit Chantanusornsiri, Published on 03/06/2024

» Technological change, once a gentle breeze, is now sweeping through with much greater force, raising concerns about whether these advancements will disrupt Thailand's export sector, which accounted for 54.5% of GDP last year, excluding services.

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GENERAL

Thailand begins OECD membership process

Business, Wichit Chantanusornsiri, Published on 18/04/2024

» Thailand has developed a roadmap to become a member of the Organisation for Economic Co-operation and Development (OECD), a group of developed countries, aiming to elevate the country’s standards and broaden trade and investment opportunities.

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GENERAL

NESDC issues warning on welfare spending surge

Business, Wichit Chantanusornsiri, Published on 28/11/2023

» The National Economic and Social Development Council (NESDC) has warned the government that the fiscal gap is starting to narrow due to the expansion of the state welfare budget, said secretary-general Danucha Pichayanan.

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GENERAL

NESDC downgrades Thai growth for 2023

Business, Wichit Chantanusornsiri, Published on 22/08/2023

» The National Economic and Social Development Council (NESDC) has revised its forecast for this year’s economic growth to 2.5-3%, down from the previous forecast of 2.7-3.7% due to the impact of the global economic slowdown, says secretary-general Danucha Pichayanan.

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BUSINESS

Social Security Fund dips by B17.6bn

Business, Wichit Chantanusornsiri, Published on 11/07/2023

» In 2022, the Social Security Fund (SSF) declined by more than 17.6 billion baht, the first drop in five years, as a result of decreased market capitalisation (mark to market) and reduced contributions to alleviate the financial burden of subscribers during the pandemic, says a Finance Ministry source who requested anonymity.

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BUSINESS

Exim urges exporters to adapt strategies

Business, Wichit Chantanusornsiri, Published on 14/07/2021

» Digital disruption and the pandemic have served as a wake-up call to Thai exporters to change their business strategies to ensure sustainable growth in the global market, says Rak Vorrakitpokatorn, the new president at Export-Import Bank of Thailand (Exim Bank).

BUSINESS

FPO forecasts RCEP deal to fuel export bonanza

Business, Wichit Chantanusornsiri, Published on 21/12/2020

» Thai exports are expected to receive a windfall thanks to the signing by 15 Asia-Pacific economies of a huge trade pact during the Asean Summit in Hanoi in mid-November, says the Fiscal Policy Office (FPO).

BUSINESS

NSF aims to provide sustainable pensions for all

Business, Wichit Chantanusornsiri, Published on 04/11/2020

» The National Savings Fund (NSF) targets a 10-year return of at least 3% for long-term investment in order to provide fund members with sustainable pensions.

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THAILAND

Ministry to cut THAI stake

News, Wichit Chantanusornsiri, Published on 21/05/2020

» The Finance Ministry will sell 3.17% of its stake in the financially-troubled Thai Airways International (THAI) to the state-run Vayupak 1 Fund, with the aim of stripping the airline of its state enterprise status.