Showing 1-10 of 14 results
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Taking a deep dive into the baht rebound
Business, Janine Phakdeetham, Published on 03/08/2022
» The currency of Southeast Asia's second-largest economy traded against the greenback at 36.08 on Monday, appreciating 1.4% compared to a week prior.
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Unmasking changes to Covid restrictions
Business, Janine Phakdeetham, Published on 22/06/2022
» As Thailand plans to downgrade Covid-19 to endemic status in July, several rules from the pandemic era such as wearing a mask in public and mandatory purchase of Covid health insurance to enter the nation for foreign visitors are set to change.
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Parsing the minimum wage hike debate
Business, Janine Phakdeetham, Published on 24/08/2022
» As Thai workers feel the pinch of soaring living expenses, the government has announced plans to raise the daily minimum wage by October to help alleviate the burden. However, some analysts argue the key to raising the quality of the Thai workforce lies in productivity.
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Baht in spotlight after hitting 7-year low
Business, Janine Phakdeetham, Published on 13/07/2022
» The currency of Southeast Asia's second-largest economy hit a seven-year low of 36.35 baht against the greenback last week. Nonetheless, analysts feel upbeat about the baht's future in the second half of this year.
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Why the Oil Fuel Fund is overburdened
Business, Janine Phakdeetham, Published on 29/06/2022
» The Energy Ministry an-nounced that the mounting debt of the state Oil Fuel Fund exceeded 100 billion baht as of yesterday. While a recent nudge from Kla Party leader Korn Chatikavanij, a former finance minister, shed more light on pressing issues surrounding energy and resulting in the government requesting cooperation from oil refineries to channel their profits into the fund, no subsidies for the prices of fuel requested from six Thai refiners have been finalised yet.
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Women's summit to highlight opportunities
Business, Janine Phakdeetham, Published on 22/06/2022
» The 2022 Global Summit of Women (GSW) in Bangkok is set to highlight opportunities for women in the new reality that is filled with opportunities despite uncertainties.
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Manufacturing expands for 5th month in a row
Business, Janine Phakdeetham, Published on 03/06/2022
» Thai manufacturing grew for the fifth consecutive month in May despite a fall in demand, with safety stock building one of the key factors driving the expansion.
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Explainer: Is Thai supply chain anchored to China?
Business, Janine Phakdeetham, Published on 18/05/2022
» China's Covid containment measures, especially in the world's largest port city of Shanghai, have influenced Thailand's supply chain security and could cast a shadow on local manufacturers' decisions in the medium term.
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Explainer: Should we be concerned about the baht?
Business, Janine Phakdeetham, Published on 11/05/2022
» Thailand started off this week with the baht weakening to a five-year low of 34.62 against the greenback. While in line with other Asean currencies that have softened against the US dollar, the performance is worth monitoring because it serves as an indicator in the country's recovery.
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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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