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5.5% salary boost seen for Thai

THAI WORKERS will enjoy a salary increase of 5.5 per cent in 2019, similar to the previous year, according to a forecast issued by consulting firm Korn Ferry. In the Korn Ferry 2019 Global Salary Forecast, Thailand is ranked fifth in terms of real-salary forecast – tied with Azerbaijan – at 3.9 per cent, among […]

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Bangkok Glass turns to M&A strategy to lower risk

Bangkok Glass, part of the Boon Rawd Brewery owned by the billionaire Thai family Bhirom Bhakdi, wants to focus more on mergers and acquisitions (M&A) this year and increase investment weight for construction material to diversify business risk. Pavin Bhirom Bhakdi, the company’s president and director, said the company is set to invest about 5 billion […]

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Grab distributes masks to battle Bangkok pollution

Grab Thailand says it has distributed 3,000 N95 respirator masks to motorcycle taxi riders to reduce the health threats from air pollution for the second consecutive year at the roadshow held by the National Council for Peace and Order (NCPO) to regulate and encourage safety for motorcycle taxi and taxi drivers. Grab said it has […]

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Thailand: Poll, VAT refund set to increase spending

Modern trade sentiment is expected to become more bullish in the first quarter this year as the upcoming general election and the value-added tax (VAT) refund for Chinese New Year shopping could spur a shopping spree among consumers. Thanavath Phonvichai, vice-president of research at the University of the Thai Chamber of Commerce (UTCC), said the election […]

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Bangkok among world’s 20 ‘most dynamic’ cities

Bangkok has maintained its position among the world’s 20 most dynamic cities, ranking 18th in the sixth City Momentum Index published by the property consultancy JLL. The index measures momentum for 131 commercially active cities by tracking a range of socio-economic and commercial real estate indicators over a three-year period to identify the urban economies and […]

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