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Search Result for “costs”

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GENERAL

Group predicts more factory closures

Business, Lamonphet Apisitniran, Published on 06/06/2024

» Factory shutdowns are expected to gradually increase after 1,600 to 1,700 already shuttered earlier this year because of the economic slowdown, merger plans or rising operating costs, says the Federation of Thai Industries (FTI).

OPINION

Eyeing climate change, follow science, warily

Oped, Bjorn Lomborg, Published on 06/06/2024

» We endlessly hear the flawed assertion that because climate change is real, we should "follow the science" and end fossil fuel use. We hear this claim from politicians who favour swift carbon cuts, and from natural scientists themselves, as when the editor-in-chief of Nature insists "The science is clear -- fossil fuels must go".

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OPINION

Thailand wants faster inflation

News, Daniel Moss, Published on 06/06/2024

» It's hard to find a leader anywhere these days who will argue the case for faster inflation. Politicians would rather drink hemlock than call for a renewed acceleration; they are often too busy nodding sympathetically at what their opponents call a cost-of-living crisis. But there is a kingdom where calling for more elevated prices, sooner, isn't off limits. In fact, the government embraces the concept.

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GENERAL

Business group keeps growth forecast at 2.2% to 2.7%

Reuters, Published on 05/06/2024

» Thailand's economy is recovering slowly and is expected to grow 2.2% to 2.7% this year, unchanged from a previous forecast, a leading joint business group said on Wednesday.

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GENERAL

Federation seeks diesel price reduction

Business, Published on 05/06/2024

» The rapid increase of domestic diesel prices to nearly 33 baht a litre is pushing the Land Transport Federation of Thailand (LTFT) to prepare to petition Prime Minister Srettha Thavisin next Tuesday to cut the price back to 30 baht a litre.

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GENERAL

Cabinet okays low season stimulus

Business, Published on 05/06/2024

» The cabinet on Tuesday approved measures to stimulate tourism in secondary cities during the low season.

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THAILAND

No need for Covid boosters

News, Apinya Wipatayotin, Published on 05/06/2024

» Most people do not need to get a booster against the latest strain of Covid-19, except for vulnerable groups and the unvaccinated, as the symptoms are relatively mild and the vaccine must be paid for, according to virologist Yong Poovorawan.

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GENERAL

Shippers fear rising freight rates could dent exports in H2

Business, Phusadee Arunmas, Published on 05/06/2024

» A group of shippers is concerned rising freight rates could potentially impact exports in the second half.

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GENERAL

Low net margin hampers aviation industry

Business, Molpasorn Shoowong, Published on 05/06/2024

» DUBAI: Despite forecasts of record-high revenue of nearly US$1 trillion this year, the aviation industry is hampered by a low net margin as geopolitical and economic challenges continue to affect cost management and its net-zero target, says the International Air Transport Association (IATA).

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GENERAL

CRG targets students amid labour crisis

Business, Kuakul Mornkum, Published on 05/06/2024

» Central Restaurants Group (CRG) sees Thailand's labour shortages as a critical challenge for the restaurant business this year due to ageing demographics.