Thai exports are maintaining their growth momentum, surging by 20.2% year-on-year in July despite ongoing Covid-19 outbreaks. The increase was boosted by the robust global economic recovery, depreciation of the Thai baht, rising oil prices, and export promotions by the Commerce Ministry and the private sector. The Commerce Ministry yesterday reported customs-cleared exports hit a […]
Read MoreThailand’s unemployment rate is expected to have risen in the second quarter of this year, as prolonged and severe Covid-19 outbreaks took a heavy toll on Thai companies and entrepreneurs. Tanit Sorat, vice-chairman of the Employers’ Confederation of Thai Trade and Industry (EconThai), predicted that the country’s unemployment rate was likely to reach 2.5% in […]
Read MoreWe have significantly reduced our outlook for Thailand’s economic growth given the surge in Covid-19 cases in the third quarter and subsequent disruption to activity. The country has been facing its worst outbreak since the onset of the pandemic, with cases surging to over 20,000 a day in August, far above previous outbreaks and reflected […]
Read MoreThe Federation of Thai Industries (FTI) will on Tuesday ask the government to clarify measures against the spread of Covid-19 in factories and support entrepreneurs’ efforts to conduct Covid-19 testing and keep infected workers in quarantine. The group is racing against time to submit its proposed solutions to various state agencies as the transmission of […]
Read MoreThe Digital Economy and Society (DES) Ministry has warned digital service providers face a fine of 500,000 baht if they break an updated law requiring the retention of their users’ computer traffic data. On Aug 13, the Royal Gazette published the DES Ministry’s new criteria for the retention of computer traffic data by service providers. This notification […]
Read MoreThailand’s exports rose a bigger-than-expected 20.27% in July from a year earlier, as global demand improved, Commerce Minister Jurin Laksanawisit said on Monday. That compares with a forecast for a rise of 19.7% in July in a Reuters poll and after a rise of 43.82% in June. Exports rose a bigger-than-expected 20.27% in July from […]
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