Workers and employers are still not satisfied with increases in the minimum daily wage following seven hours of talks involving a tripartite wage committee. However, the government has insisted that the new wage hikes are most suited for the current economic conditions. The minimum daily wages will increase nationwide from April 1 in a range […]
Read MoreDeputy Prime Minister Somkid Jatusripitak insists that Thailand will not intervene in the baht’s movement, while inviting the United States to monitor the situation. In response to the Council of Foreign Relations, a US think tank which accused Thailand of currency intervention for a trade surplus against the US, Somkid said that the Thai government […]
Read MoreIn a rare move, the Bank of Thailand has threatened to investigate some financial institutions with operations in Thailand for possible involvement in baht speculation. The central bank’s announcement comes amid the baht’s continued rally against the US dollar. The local currency, up nearly 2% versus the greenback in 2018, is now the second-best performer […]
Read MoreExports may grow by as much as 7.9% this year if Chinese demand continues, the economies of developed trading partners persist on their recovery path and Thailand succeeds in tapping new markets, says the University of the Thai Chamber of Commerce (UTCC). Aat Pisanwanich, the director of the UTCC Centre for International Trade Studies, said […]
Read MoreJaymart subsidiary J Ventures will become the country’s first SET-listed company to sell its own digital currency once it releases “JFin” through an initial coin offering (ICO) in March. The company hopes to acquire 660 million baht in the first phase of the 100-million-coin ICO, with a price of US$0.20 (6.40 baht) per coin. It […]
Read MoreThe government has given reluctant parents a big push in the form of generous tax breaks aimed at encouraging them to have more than one child. Nathporn Jatusripitak, the spokesman for Deputy Prime Minister Somkid Jatusripitak, said on Tuesday the cabinet had approved three tax deductions to lure couples to have more babies. They will […]
Read More
Thailand
