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Search Result for “covid-19”

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BUSINESS

Skills-based compensation mooted

Business, Lamonphet Apisitniran, Published on 17/07/2023

» Pledges to hike the daily minimum wage made by major political parties during their election campaigns raised the hopes of blue-collar workers, but sparked grave concerns among businesses.

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BUSINESS

EV sector may face new chip shortage

Business, Lamonphet Apisitniran, Published on 15/07/2023

» Electric vehicle (EV) manufacturers may encounter another chip shortage following China's recent decision to restrict the export of two metals as a result of the US-China trade dispute, says the Federation of Thai Industries (FTI).

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BUSINESS

He knows what  time it is

Business, Pitsinee Jitpleecheep, Published on 15/07/2023

» In the past, wristwatches were the go-to item to tell time.

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BUSINESS

Oil Prices Predicted to Recover Amidst Global Economic Rebound

Published on 14/07/2023

» The average price of ICE Brent crude oil in the second quarter of 2023 (April 1 - June 30, 2023) remained stable at $77.75 per barrel, indicating tighter supply in the market compared to the previous quarter. Following the OPEC and its allies (OPEC+) meeting on April 3, 2023, a consensus was reached to reduce crude oil production by 2 million barrels per day until the end of 2023. Additionally, several countries, including Saudi Arabia, the United Arab Emirates, Kuwait, Oman, Iraq, Algeria, Kazakhstan, and Gabon, volunteered to implement additional production cuts totalling 1.16 million barrels per day from May to December 2023. Furthermore, Russia extended its planned production cut by 500,000 barrels per day from March to June 2023 until December 2023. As a result, the total production reduction from May to December 2023 stands at 3.66 million barrels per day.

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BUSINESS

Japanese visitors unlikely to hit TAT target

Business, Molpasorn Shoowong, Published on 10/07/2023

» The Tourism Authority of Thailand (TAT) acknowledges that inbound Japanese visitors are unlikely to reach its target of half of the 2019 level this year because of a slow resumption of flights and a weak yen, while travel agents have voiced concerns about potential political unrest.

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BUSINESS

Starbucks aiming to roll out 335 new outlets by 2030

Business, Pitsinee Jitpleecheep, Published on 07/07/2023

» Starbucks Thailand set an ambitious plan to open 335 new stores from 2023-30.

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BUSINESS

Thai Credit banks $105m IFC loan

Business, Post Reporters, Published on 06/07/2023

» International Finance Corp (IFC), a unit of the World Bank Group, is providing a US$105-million loan to Thai Credit Retail Bank Plc (Thai Credit) to support female entrepreneurs in Thailand.

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BUSINESS

IMF and Pakistan reach $3 billion stand-by deal

AFP, Published on 30/06/2023

» ISLAMABAD: Pakistan could get temporary relief for its ballooning foreign debt with a new stand-by arrangement worth US$3 billion announced by the IMF in Washington late Thursday.

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BUSINESS

Thailand's inequality remains entrenched

Business, Phusadee Arunmas, Published on 27/06/2023

» The Thai economy is suffering from widening inequality, with the proportion of poor people still hovering at 6-8% of the total, particularly in the agricultural sector.

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BUSINESS

Central Marketing Group sees rewards from steady beauty group expansion

Business, Pitsinee Jitpleecheep, Published on 23/06/2023

» Central Marketing Group (CMG), a subsidiary of Central Retail Corporation and a leading distributor of more than 40 top global brands in fashion, beauty, watches, and technology segments, anticipates revenue growth of more than 20% for its beauty business this year.