The State Railway of Thailand (SRT) and a consortium led by the Charoen Pokphand Group are likely to sign an agreement on the three-airport rail development in mid-May, Deputy Prime Minister Somkid Jatusripitak said. The deputy premier in charge of economic affairs said the agreement had been finalised and a draft contract sent to the Office […]
Read MoreEmployees in Thailand will enjoy salary increases averaging 5.5% in 2019, the same as the previous year, according to a forecast by Korn Ferry. In the Korn Ferry 2019 Global Salary Forecast, Thailand is ranked fifth out of 100 countries in terms of real salary growth forecast (adjusted for inflation) — tied with Azerbaijan — at […]
Read MoreMyanmar’s largest business lobby group suggested that the government should focus on improving policy implementation and that further liberalisation is necessary for attracting investments. U Wai Phyo, vice president of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI), said that the country needs to open up for foreign investors and at […]
Read MoreThe Central Bank forecasts the inflation rate will grow by 2.6 percent this year, describing the increase in the general price level of goods and services as “manageable”. In its latest report, the National Bank of Cambodia predicts a 0.1 percent growth in inflation for 2019, describing current inflation as “stable”. Inflation will grow 2.7 […]
Read MoreKUALA LUMPUR: Salary in Malaysia must grow at an average rate of 3.5 per cent annually for the country to achieve high-income status by 2023, said an economist. Alliance Bank Malaysia Bhd Chief Economist Manokaran Mottain said at present, the average wage growth in the country stands at 2.4 per cent weighed by the abundance of […]
Read MoreOnline booking platforms are vying for new innovations to attract younger customers amid the rapid development of the digital market dominated by millennials. Online booking service Tiket.com, for example, is diversifying its products through its mobile application and organizing events to attract millennials. “With such products, we aim to expand our market through fun, fast […]
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Thailand
