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Advanced search
Showing 1-10 of 1,192 results
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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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Social Security Fund dips by B17.6bn
Business, Wichit Chantanusornsiri, Published on 11/07/2023
» In 2022, the Social Security Fund (SSF) declined by more than 17.6 billion baht, the first drop in five years, as a result of decreased market capitalisation (mark to market) and reduced contributions to alleviate the financial burden of subscribers during the pandemic, says a Finance Ministry source who requested anonymity.
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Workforce hopes and fears
Business, Published on 01/07/2023
» Some 39% of workers in Asia-Pacific believe their organisation will not survive more than 10 years if it continues on its current course, the "2023 Hopes and Fears Global Workforce Survey" conducted by PwC reveals.
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Q1 household debt hits B16tn
Business, Somruedi Banchongduang, Published on 01/07/2023
» Household debt in the first quarter this year soared to 16 trillion baht, accounting for 90.6% of GDP, attributed to increases in debt as well as the redefinition of national household debt, says Sakkapop Panyanukul, the Bank of Thailand's senior director of the economic and policy department.
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A 99% stock crash and shock default raise alarm
Bloomberg News, Published on 23/06/2023
» Only a year ago Stark Corporation looked like a Thai corporate success story. Backed by a wealthy local businessman, the nearly US$2 billion maker of electrical cables was an aggressive acquirer making its first major push beyond Asia.
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Stark cites Russia-Ukraine war to exit €560m deal
Bloomberg News, Published on 20/06/2023
» Stark Corporation Public Company Limited, a Thai maker of electrical components engulfed in an accounting scandal, has cited the Russia-Ukraine war as a reason for pulling out of an agreement to buy a German maker of automotive cable solutions for €560 million (21.27 billion baht).
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Stark enters arbitration with 2 firms
Business, Nuntawun Polkuamdee, Published on 13/06/2023
» SET-listed Stark Corporation is entering an arbitration dispute with German firms Leoni AG and Leoni Bordnetz-Systeme GmbH, which claim €608 million from the company, citing a violation of their sales and purchase agreement.
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Defining the goals of zero-based budgets
Business, Wichit Chantanusornsiri, Published on 07/06/2023
» Zero-based budgeting (ZBB) is one of the policies included in the 23-point memorandum of understanding signed by leaders of eight political parties seeking to form a new coalition government following the general election.
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Ministry preps plans for farm production, prices
Business, Phusadee Arunmas, Published on 20/05/2023
» The Commerce Ministry pledges to handle agricultural production and price management, especially for cassava and palm oil, as the income guarantee scheme for these crops was not extended, awaiting the new government's policy.
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Taking care of talent
Business, Published on 05/05/2023
» Despite economic headwinds, nearly six in 10 executives globally expect their businesses to post stable or high growth. Yet, when planning for the year, leaders in Asia are most concerned about the increasing cost of capital and debt, the tight labour market and competition for talent.
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