The unemployment rate in the first quarter rose to 1.2%, or about 400,000 people, up from 0.97% in the same period one year earlier and worsening from 1% in the previous quarter, according to the National Economic and Social Development Board (NESDB). The rise in the number of jobless was triggered by greater automation in […]
Read MoreVietnam rice hit its highest level in over a year this week on potential export deals and prices in Thailand firmed up as supply eased, while the Indian variety gained on growing demand from Africa, traders said. Expectations of strong demand from top importing countries such as Bangladesh and the Philippines are fuelling the uptrend […]
Read MoreTHAILAND AND Laos have agreed to draw up a a five-year master plan to double the value of bilateral trade and investment to US$10 billion (Bt344 billion) by 2021. Deputy Prime Minister Somkid Jatusripitak announced the deal yesterday after an official meeting with Laotian Deputy PM and Finance Minister Somdee Duangdee in Vientiane. “We will […]
Read MoreThe Thai private sector wants to play a part in drafting the organic laws of the new excise tax law, citing concerns about its practicality once in place. Kitipong Urapeepatanapong, chairman at Baker & McKenzie in Bangkok, said in his capacity as chairman of the tax committee and director of the Thai Chamber of Commerce, […]
Read MoreThai Airways International’s refusal to subscribe to new shares of Nok Air could jeopardise THAI’s fight for control over the loss-ridden budget carrier. That would be good news for Nok Air, which has been less than keen to join the flag carrier’s new consolidation plan under the THAI Group concept. By rejecting Nok Air’s offering […]
Read MoreThailand, the world’s second-largest sugar exporter, is introducing regulations to govern its sugar trading system for the 2017-18 crop, which commences in November, to bring the system in line with World Trade Organization (WTO) rules. The new system is unlikely to be a game changer, as it is designed to secure sugar supply for domestic […]
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Thailand
