Following a year of hiring freezes, pay cuts and layoffs, many Thai firms are expected to cautiously renew hiring in 2021, but workers will likely not be rewarded with large salary increases for switching jobs as happened before the pandemic, according to a report by global recruitment firm Robert Walters. The Robert Walters Salary Survey, […]
Read MoreConsumer sentiment dropped for the second straight month in January, hitting a nine-month low, as people grew concerned about a fresh surge of infections in the country. The University of the Thai Chamber of Commerce (UTCC) reported yesterday the consumer confidence index fell to 47.8 from 50.1 in December, following readings of 52.4 in November, […]
Read MoreConsumer confidence dropped for a second straight month in January, hitting a nine-month low, the University of the Thai Chamber of Commerce reported on Thursday. The UTTC consumer index fell to 47.8 in January from 50.1 in December. The report attributed the drop to concerns about the fresh wave of coronavirus infections. Source: https://www.bangkokpost.com/business/2062547/consumer-mood-hits-9-month-low
Read MoreModern trade sentiment remained downbeat in the fourth quarter last year, falling to a two-year low as operators were concerned about the crisis and the relatively weak purchasing power among local consumers. Thanavath Phonvichai, vice-president of research at the University of the Thai Chamber of Commerce (UTCC), said the modern trade sentiment index stood at […]
Read MoreThailand retains the pole position in the world for internet users engaging in mobile banking and financial services apps while becoming one of the top five for e-commerce adoption, mobile payment, mobile commerce and QR code usage, according to the Digital 2021 report. The annual report was published by We Are Social, a global digital […]
Read MoreA total of 719 industrial factories went out of business last year, citing the economic impacts of the Covid-19 outbreak and causing 30,000 workers to lose their jobs, says the Department of Industrial Works. On the flipside, as many as 3,324 factories were either created or expanded last year, which created as many as 187,088 […]
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