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Goldman predicts Thai interest rate hike in Sept

Hawkish expectations in Asia’s emerging markets are piling up as traders become increasingly convinced that central banks in the region cannot ignore the threat of domestic inflation any longer. Goldman Sachs Group Inc is one of the latest banks to now see an “imminent” lift-off in rates in several Asian markets, including Thailand. The region’s […]

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Thailand: Minimum wage hike in spotlight

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) believes Thailand can manage 2.5-4% GDP growth this year if an increase in the daily minimum wage is appropriate given the higher living costs. The inflation rate has risen following the global oil price surge and is expected to stand in a range of 3.5-5.5%, […]

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Thailand: It’s a slow recovery ahead

Thailand’s economy is showing signs of improvement this year with predicted slow yet sustainable growth if all involved pitch in to help, Finance Minister Arkhom Termpittayapaisith says. Speaking at the PostToday Forum 2022’s virtual conference on Wednesday, Mr Arkhom said the economy is showing positive signs of recovery, though cooperation between the state and private […]

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Thailand: Depa unveils national food delivery app

The Digital Economy Promotion Agency (Depa) has launched food delivery platform eatsHUB to help small and medium-sized eateries boost their earnings through digital channels. The platform has been created in collaboration with Food Ordery, an affiliated company of SET-listed TV Direct. Touted as Thailand’s first national food delivery platform, eatsHub charges vendors a commission fee, […]

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