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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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MFP to go easy on wage hike
News, Post Reporters, Published on 24/05/2023
» Move Forward Party (MFP) leader Pita Limjaroenrat said a coalition government under his leadership would not raise the minimum daily wage to 450 baht immediately but would ensure a reasonable increase without causing damage to industry or the economy.
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Pita promises reasonable wage rise, capped power tariff
Post Reporters, Published on 23/05/2023
» Move Forward leader Pita Limjaroenrat said on Tuesday a coalition government under his leadership would ensure a reasonable annual increase in the minimum wage without damage to industry and the economy.
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World Bank maintains Thailand's 2023 growth outlook at 3.6%
Published on 31/03/2023
» The Thai economy is expected to grow by 3.6% this year, up from 2.6% last year, supported by stronger private consumption, a recovery in the tourism sector and strong pent-up demand following China's reopening, the World Bank said on Friday.
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The lowdown on the high-end scheme
Business, Narumon Kasemsuk, Published on 01/02/2023
» The Thailand Elite Card is in the public spotlight again after Jirayu Huangsap, an MP from the Pheu Thai Party, said in parliament last week that shady Chinese business operators had become members of this privilege programme.
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New VAT mulled that targets luxury goods
Business, Wichit Chantanusornsiri, Published on 26/09/2022
» The Finance Ministry is considering the introduction of a two-tier value-added tax (VAT) rate that could generate additional revenue of more than 100 billion baht, says a ministry source who requested anonymity.
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Explainer: What does Chadchart Sittipunt want?
Business, Janine Phakdeetham, Published on 25/05/2022
» Following the first election in nine years, Bangkok welcomes 56-year-old Chadchart Sittipunt as its newest governor with a record-breaking landslide victory of 1.4 million votes.
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Explainer: Inside the case for a minimum wage hike
Business, Janine Phakdeetham, Published on 04/05/2022
» Thai workers are feeling the pinch from months of higher living expenses, leading them to take to the streets on Labour Day to demand a 45% increase in the daily minimum wage.
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Reform of EV duties urged
Business, Wichit Chantanusornsiri, Published on 14/02/2022
» The Finance Ministry plans to propose to the cabinet a reduction of the import duty for electric vehicles (EVs) to 40%, 20% and zero percent, each depending on the engine size, says Deputy Finance Minister Santi Promphat.
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Car producers still optimistic for 2022
Business, Lamonphet Apisitniran, Published on 10/01/2022
» Tourism was not the only industry relieved when Thailand reopened its borders to foreigners on Nov 1 last year, with automakers also applauding the move to welcome back international visitors.
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