Showing 1-10 of 26 results
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Warning over minimum wage increase
Phusadee Arunmas, Published on 29/04/2024
» The University of the Thai Chamber of Commerce (UTCC) said that if the government raises the minimum daily wage to 400 baht nationwide, it may lead to GDP growing at at a rate below 2.6% and increase the rate of inflation to 3%, affecting consumer purchasing power.
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Maybank scrutinises impact from proposed casino project
Business, Nareerat Wiriyapong, Published on 09/04/2024
» Entertainment complexes with gambling venues could generate 187 billion baht in revenue per year, or roughly 1% of Thailand's GDP, with the first complex projected to operate by fiscal 2029, says Maybank Securities.
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Malaysia Airlines posts first profit in over a decade
Published on 21/03/2024
» Malaysia Airlines has reported its first annual profit in more than a decade as strong demand and elevated airfares propel a rebound for the troubled carrier.
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Cathay Pacific paying staff 7-week bonus
Published on 13/03/2024
» HONG KONG - Cathay Pacific Airways said on Wednesday that it would pay its staff a bonus equal to 7.2 weeks’ pay after reporting its first net profit since 2019.
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IBank finally flourishes
Business, Wichit Chantanusornsiri, Published on 02/03/2024
» Over the past two decades, the Islamic Bank of Thailand (IBank) has faced numerous challenges in becoming the sole financial institution in the country to provide sharia-compliant financial services in accordance with Islamic principles, says president Thaweelap Rittapirom.
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China no longer No. 1 source of US imports, 1st time since 2008
Kyodo News, Published on 08/02/2024
» China was the second-biggest source of imported goods in the United States last year on a customs-cleared basis, losing the top spot it had held since 2008 to Mexico, official trade data showed Wednesday.
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Foodpanda parent denies sale talks have collapsed
Published on 02/02/2024
» The German food delivery group Delivery Hero has denied a report that talks to sell part of its Foodpanda business in Southeast Asia had collapsed, helping shares recover some of their earlier losses on Friday.
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Call to revamp procurement rules
Business, Wichit Chantanusornsiri, Published on 23/01/2024
» The Finance Ministry has ordered the Comptroller General's Department to amend procurement regulations in order to expedite the disbursement of the fiscal 2024 budget which could be delayed by 7-8 months, says Deputy Finance Minister Krisada Chinavicharana.
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Budget in the spotlight
Business, Published on 15/01/2024
» Business leaders want the government to urge state enterprises and local government organisations to expedite the use of existing investment budgets, while launching more stimulus packages as the nation awaits the fiscal 2024 budget to push the economy forward.
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Flood risk reduction urgent
Business, Published on 10/01/2024
» Several countries in the Asia-Pacific region are highly exposed to physical risks from climate change, while their capacity for adaptation is limited, particularly those with lower GDP per person, weaker governance and infrastructure preparedness.
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