A proposal to temporarily charge a tax on the oil refinery margin appears to be a last-ditch effort by the government to control soaring energy prices, but major refineries question the move aimed at trimming some of their profits. Thai Oil Plc (TOP) and IRPC Plc insisted the refinery margin, which is based on prices […]
Read MoreThe country’s reopening and a push for economic recovery is expected to generate double-digit growth in the country’s employment rate this year, according to job search platform JobsDB. IT, engineering, digital marketing professions and those with skill sets to support the creation of the metaverse are in short supply, despite an increase in their salaries, […]
Read MoreThai exporters are advised to shift their focus to regional markets such as Asean, China, the Middle East and India instead of the world market in the second half this year. Chaichan Chareonsuk, chairman of the Thai National Shippers’ Council (TNSC), said the Russia-Ukraine war is likely to be prolonged and power polarisation between the […]
Read MoreThailand’s car manufacturing for export from January to May decreased by 40% year-on-year to 72,527 units due to sluggish purchase orders, particularly from the European and US markets, says the Federation of Thai Industries (FTI). In May, car production for export fell by 23% year-on-year to 13,925 units. The decrease was attributed to the prolonged […]
Read MoreThe fields of medical services, beauty and e-commerce are tipped to see the brightest prospects in the second half of the year, according to the latest survey by the University of the Thai Chamber of Commerce (UTCC). Thanavath Phonvichai, UTCC president, said the pandemic caused people to pay more attention to their healthcare, diet and […]
Read MoreDomestic car sales rose 15.71% in May from a year earlier to 64,735 units, helped by an easing of Covid-19 curbs and government stimulus measures, the Federation of Thai Industries said on Thursday. Sales in April rose 9.11% year-on-year. Source: https://www.bangkokpost.com/business/2332468/domestic-car-sales-up-15-71-y-y
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