Showing 1 - 10 of 40
Unpacking the foreign pilot row
Business, Narumon Kasemsuk, Published on 26/09/2024
» The Thai aviation industry has recently been overwhelmed by discussions concerning a proposed changing of the rules to allow foreign pilots to fly domestic routes, which is surprising given that this type of work at present is protected for Thai nationals.
Finance minister presses case for rate cut
Published on 25/09/2024
» Finance Minister Pichai Chunhavajira is once more pushing the government’s case for a cut in interest rates ahead of a meeting next week with the Bank of Thailand, where the inflation target and the strong baht will be on the agenda.
Finance ministry and central bank to discuss strong baht
Published on 24/09/2024
» The Ministry of Finance and the Bank of Thailand will meet next week to discuss the strong baht and the country’s inflation target, minister Pichai Chunhavajira said on Tuesday, as the government continues to push for an interest rate cut.
Thailand to postpone Oct 1 minimum wage hike: official
Published on 23/09/2024
» Thailand will postpone a hike in the minimum wage to 400 baht per day scheduled for Oct 1 by about two weeks due to a lack of a quorum at meetings of the committee working on the increase, a senior labour official said on Monday.
Bid afoot to extend nation's right to use 50.5° East slot
Business, Komsan Tortermvasana, Published on 23/09/2024
» The Office of the National Broadcasting and Telecommunications Commission (NBTC) is preparing official documents to request the International Telecommunication Union (ITU) grant a one-year extension for Thailand's right to use the 50.5° East orbital slot once it expires on Nov 27, 2024.
Thailand and UK sign ‘enhanced trade’ pact
Published on 18/09/2024
» The government of the United Kingdom has agreed to boost trade and investment with Thailand in the first such deal made by the new Labour government since it took office in July.
Thai rice exports forecast to fall next year
Published on 18/09/2024
» Thailand’s rice exports are likely to total less than 8 million tonnes next year based on a host of risk factors hampering their competitiveness, such as the strong baht and the possibility of India lifting its export restrictions at year-end.
Bank of Thailand chief says local focus key to growth
Business, Somruedi Banchongduang, Published on 14/09/2024
» Domestic resilience and the strength of the local economy will be key to sustaining Thailand's economic growth in the long term, especially amid a slowdown in foreign direct investment (FDI), according to the Bank of Thailand chief.
Singapore rejects bid to build new business district
Published on 13/09/2024
» Singapore authorities have rejected a bid by a group of top property firms to develop a new business district in the island’s west, after judging the price offered for the land unattractive.
Greed, gluttony and the crackup of Red Lobster
Published on 10/09/2024
» In June of last year, Red Lobster announced that Ultimate Endless Shrimp — as much as you can scarf down for just $20 — would become an “all day, every day” fixture of the menu.