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Thailand: JSCCIB asks for stimulus continuation

Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is urging the government to extend its economic stimulus campaigns for 3-6 months to continue ongoing efforts to boost spending. The call is being made as the economy has not fully recovered in the wake of the pandemic. The JSCCIB says the country still needs fiscal-monetary […]

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Thailand: Ministry sees four-year test for tourism sector

The tourism industry, which accounts for 12% of Thailand’s GDP, is expected to take at least four years to recover to the pre-pandemic levels, says the Finance Ministry. While several financial authorities and think tanks project Thailand’s economy will fully recover over the next two years, the recovery of the domestic tourism sector is anticipated […]

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Thailand: Export marketing, partner talks making progress

The government looks set to organise as many as 343 marketing activities both in and outside Thailand and accelerate free trade agreement (FTA) talks with several potential partners including the European Union (EU), the UK, the Eurasian Economic Union (EAEU) and the European Free Trade Association (Efta). Commerce Minister Jurin Laksanawisit said on Wednesday the ministry […]

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Thailand: ECA upbeat on local corporate salaries

Real salary increases provided by multinational companies in Thailand are expected to be among the best in the world in 2021 despite the weak outlook for the economy, according to a survey by ECA International. The survey suggests that local employees of multinational companies in Thailand can expect to see an average real salary increase […]

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