As Thai workers feel the pinch of soaring living expenses, the government has announced plans to raise the daily minimum wage by October to help alleviate the burden. However, some analysts argue the key to raising the quality of the Thai workforce lies in productivity. Q: What are the details of Thailand’s minimum wage increase? The […]
Read MoreThe top internet activity for Thais was receiving healthcare consulting and services, while Gen Y spent the most time — 8 hours and 55 minutes a day — on the internet compared with other generations, according to the latest survey by the Electronic Transactions Development Agency (ETDA). The Thailand Internet User Behavior survey of 2022 also […]
Read MoreThe baht opened at 36.08 to the US dollar on Wednesday, weakening from Tuesday’s close of 36.13. The currency is expected to move between 35.95 and 36.25 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. He said the baht could swing sideways in a wide range even though it was supported by a […]
Read MoreThe baht opened at 36.14 to the US dollar on Tuesday, weakening from Monday’s close of 36.08. The currency is expected to move between 36.05 and 36.25 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. He added that the baht is likely to fluctuate and weaken as the dollar will continue strengthening until […]
Read MoreThai retail conglomerate Central Group is planning to expand aggressively at home and in neighboring Vietnam, hoping to tap an expected jump in demand when the COVID-19 pandemic ends, according to Nikkei Asia. Central Retail, the group’s core retail arm, has set aside 30 billion THB (848 million USD) to invest in Vietnam, where it […]
Read MoreThe Federation of Thai Industries (FTI) is calling on the government to extend its electricity subsidy measures for the public to also cover manufacturers, which are struggling to deal with an increasing financial burden amid high energy prices. Expensive electricity bills are threatening to put more pressure on production costs, which may eventually mean some entrepreneurs […]
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Thailand
