Showing 71 - 80 of 1,235
Shares dip amid rate uncertainty, high oil prices
Business, Published on 06/04/2024
» RECAP: Shares in Asia declined yesterday, tracking US stocks as interest rate uncertainty, high oil prices and geopolitical tensions weighed on sentiment.
House backs pension system upgrade
Onnucha Hutasingh, Published on 16/03/2024
» A report on a progressive state pension system by the Committee on Social Welfare recently received House approval with an execution plan expected in the 2030 fiscal year.
Fake military certificates in crosshairs
News, Wassana Nanuam, Published on 07/02/2024
» The Defence Ministry said on Tuesday that it would take legal measures against any military members, past and present, who are found to be involved in selling Sor Dor 43 certificates.
Elderly living allowance raise gets backing
News, Onnucha Hutasingh, Published on 02/02/2024
» The House committee on social welfare will forward to parliament a bill raising the monthly living allowance currently offered to elderly poor people to 3,000 baht per month.
Sri Lanka debt overhaul harms older women
Oped, Published on 26/01/2024
» The World Bank's Women, Business, and the Law Index has documented a persistent gender pension gap in rich and poor countries. This is partly because of gender-based legal disparities, such as lower mandatory retirement age for women and the lack of pension credit for periods of childcare. Because women have shorter working lives, earn less, and have a longer life expectancy than men, they often receive lower benefits, which must last longer. But the problem is most acute in low- and middle-income countries. Around two-thirds of the world's population aged 60 and older live in the developing world, and that share is projected to rise to 80% by 2050. And, as Sri Lanka's recent restructuring has shown, the mounting sovereign debt crisis threatens to erode retirement savings further, pushing even more older women into poverty.
Overhauling defence
News, Editorial, Published on 15/01/2024
» While Defence Minister Sutin Klungsang's plan to seek 600 million baht from the central budget to fund an early retirement scheme for high-ranking generals is a step in the right direction towards streamlining the armed forces, it nevertheless falls short of the promises it had made.
Varawut backs pension boost in principle
News, Post Reporters, Published on 02/01/2024
» Social Development and Human Security Minister Varawut Silpa-archa on Monday said he supported the idea of increasing the monthly allowance for the elderly to 3,000 or 5,000 baht, but that any rise must be financially sustainable for the country.
Norway pension fund blacklists Gulf companies
Published on 28/12/2023
» Norway’s largest pension fund has divested $15 million from Gulf companies on concerns they may contribute to human rights violations, and decided to exclude the oil producer Saudi Aramco because of climate risks.
Thailand faces 20 years of low growth
Business, Somruedi Banchongduang, Published on 16/12/2023
» The World Bank expects Thailand's potential growth to be the lowest among Asean economies over the next 20 years because of the country's ageing demographics and a slowdown in private investment.
Inflation-hit Serbia heads to polls after months of protests
AFP, Published on 15/12/2023
» BELGRADE - Serbian President Aleksandar Vucic will not be on the ballot in Sunday's parliamentary and local elections, but the contest is nevertheless a referendum on his government amid soaring inflation and months of protests.