THE NATION/ ANN – Thailand’s National Wage Committee has given the green light to increase the average minimum daily wage by five per cent to THB337, likely effective from October 1. Labour Ministry permanent secretary Boonchob Suthamanaswong, who chairs the panel, said on Friday it had resolved to raise the minimum wage by 5.02 per […]
Read MoreRiverside locations on Charoen Krung Road and the Sathon-Rama IV area have become the hot zones in Bangkok where a large number of new luxury hotel rooms are projected to open in 2023-25, according to property consultancy Colliers Thailand. Phattarachai Taweewong, research and communication director at Colliers, said locations along the Chao Phraya River on Charoen […]
Read MoreThree Cambodian and Thai district governors pledged to jointly strengthen good cooperation along the border to increase trade between small businesses in the border districts. Vuth Tara, Governor of Choam Ksan district, Preah Vihear, Governor of Khantalak district, Sisaket province and Governor of Nam Yeun district, Ubon province of Thailand made the pledge in a […]
Read MoreDespite a double-digit decline in smartphone shipments to Thailand in the second quarter, premium handsets costing over US$400 (14,396 baht) surged 22% year-on-year, according to market research firm Counterpoint. In the second quarter, smartphone shipments to Thailand declined 17% year-on-year to 4.2 million units, Counterpoint said. “Thailand has a decent share of consumers who maintained a […]
Read MoreHeightened geopolitical tensions are tipped by some analysts and economists to trigger a spillover effect, with one possibility the relocation of industries to this region, including Thailand. Payong Srivanich, chairman of the Thai Bankers’ Association, a key member of the Joint Standing Committee on Commerce, Industry and Banking, recently predicted tensions between China and the US […]
Read MoreThe baht opened at 36.29 to the US dollar on Monday, weakening from Friday’s close of 36.03. The Thai currency will likely move between 36.20 and 36.40 against the greenback during the day and between 35.80 and 36.40 during the week, Krungthai market strategist Poon Panichpibool predicted. Poon said the baht will possibly weaken as […]
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