Thai exports for canned tuna are expected to miss their target of 80 billion baht as the stronger baht bites into the country’s competitive edge, says Chanintr Chalisarapong, president of the Thai Tuna Industry Association. Mr Chanintr said the strengthening of baht against the dollar had raised the prices of Thai products, making similar products from […]
Read MoreBusiness leaders on Tuesday hailed the government’s decision to invoke the powerful Section 44 of the interim charter to delay enforcement of the new controversial labour regulation law for 180 days, saying the grace period is enough for local businesses to comply with the act. On Monday Big Business praised the government for bringing in new […]
Read MoreBANGKOK (AP) – Fearful that Thailand’s new labor rules will get them into trouble, tens of thousands of migrant workers are returning to neighbouring Myanmar, Cambodia and Laos, causing hardship to themselves and their Thai employers. Labour regulations that took effect June 23 could give foreign workers without proper permits up to five years in […]
Read MoreConsumer prices, which gauge the country’s inflation rate, dipped for a second straight month in June, mainly due to lower oil prices and baht gains. The drop led the government to cut its inflation forecast yesterday to 0.7-1.7% this year from a previous projection of 1.5 -2.2%. According to the Commerce Ministry’s data, the consumer price […]
Read MoreThe eighth Joint Coordinating Committee (JCC) meeting was held in Thailand on June 29-30 and has decided to seek parliamentary approval in order to ask Thailand for a soft loan to fund the two-lane project. If approved, a task force will be formed to assess and review the development and issues caused by Italian-Thai Development […]
Read MoreThe Cambodian embassy in Thailand has called on illegal workers not to leave Thailand as officials attempt to negotiate a deal to allow migrants to stay in their jobs. A crackdown on illegal workers in Thailand has frightened many migrants, with thousands returning home following the announcement of the new executive decree on foreign labourers last week. According to a letter […]
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