The third wave of Covid-19 brought the number of daily infections and deaths to a record high, and threatens to do the same for unemployment figures. The National Economic and Social Development Council (NESDC) sounded the alarm last Tuesday on soaring unemployment rates in 2021. One sign is a 9.1% contraction of GDP for micro […]
Read MoreThailand’s manufacturing production index (MPI) in April rose for a second straight month and at the fastest pace in more than eight years, partially due to coming off a low base last year, the industry ministry said on Monday. The MPI jumped 18.46% from a year earlier, beating a forecast in a Reuters poll for […]
Read MoreThailand’s economy could take until the first quarter of 2023 to return to normal due to a third wave of coronavirus infections and uncertainty over the rollout of vaccines, the central bank governor said on Monday. As the economic recovery will take time, there is a need to move quickly to resolve liquidity problems facing […]
Read MoreUtility tokens and blockchain innovations could cut business operation costs and become a new way of doing business for listed companies in the capital market, however the disclosure method for coin issuance remains a challenge for regulators as it can be arbitrarily announced on other platforms that are not authorised. Such arbitrary announcements can cause […]
Read MoreThe Employers’ Confederation of Thai Trade and Industry (EconThai) is concerned about the growing underemployment rate that is affecting people’s purchasing power after the number of unemployed individuals reached 4.3 million since the Covid-19 outbreak began in Thailand. Underemployment refers to workers who work between 0-20 hours. They are not unemployed, according to the Labour […]
Read MoreThe baht opened at 31.26 to the US dollar on Monday, unchanged from Friday’s close. The Thai currency is likely to move between 31.20 and 31.30 during the day and between 31.15 and 31.45 within this week, Krungthai Bank market strategist Poon Panichpibool said. The baht would tend to move sideways in line with the […]
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Thailand
