[BANGKOK] Thailand’s economy grew faster than expected last quarter, buoyed by rising exports and tourist arrivals, firming its recovery as it faces risks this year from inflation and the Omicron variant. Gross domestic product (GDP) during October-December rose 1.9 per cent from a year ago, the National Economic and Social Development Council (NESDC) said Monday […]
Read MoreDespite a forecast of 25% growth in residential transfers this year, reaching the level attained in 2019 might take until 2024 because of the rising rate of inflation, according to the Real Estate Information Center (REIC). Vichai Viratkapan, the acting director-general of REIC, said higher inflation would cause a delay in the economic recovery and […]
Read MoreThailand is expected to become an “aged” society this year or next, with people aged 60 and over set to account for 20% of the population. The country has been classified an “ageing” society since 2005, meaning 10% of the population is 60 or older. This trajectory has Thailand becoming a “super-aged” society in 2031 […]
Read MoreThe country is likely to meet its revenue collection target despite the excise tax on diesel being halved for three months, said Finance Minister Arkhom Termpittayapaisith on Friday. The cut from six to three baht per litre is to help ease the impact of high energy prices on the cost of transport and consumer goods, […]
Read MoreThe second RT-PCR test required by the Test & Go scheme should be scrapped by March if the Centre for Covid-19 Situation Administration (CCSA) agrees with the proposal, according to the Tourism and Sports Ministry. Tourism and Sports Minister Phiphat Ratchakitprakarn said on Friday that the ministry and the Tourism Authority of Thailand (TAT) will […]
Read MoreThailand ranks third out of 19 countries in workplace digital skill readiness, according to a survey by Salesforce, a global customer relationship management service provider, with slightly more than half of respondents in the country feeling prepared. According to Salesforce’s Global Digital Skills Index, Thailand attained a score of 48 out of 100, behind only India […]
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