The two-way trade between Cambodia and Thailand was valued at $5,073 million in the first eight months of this year, a 16 percent decrease compared to the same period last year. From January to August, Cambodia exported $913 million worth of products to Thailand, a year-on-year decline of 40 percent, according to the figures from […]
Read MoreAmendments to Thailand’s Labour Protection Act (LPA) on May 5, 2019, ushered in significant changes to a variety of labour laws, resulting in increased statutory severance pay, increased maternity leave benefits, implementation of paid necessary business leave, changes in wage payments during temporary suspension of business, interest payments for non-payment of wages in certain situations, […]
Read MoreFollowing a staff reduction of more than 25%, online travel agency (OTA) Agoda says the company is maintaining stable cash flow and can weather months or years of travel restrictions thanks to the strength of domestic bookings. In May the company laid off 1,500 of its 5,500 employees globally because of a sharp drop in […]
Read MoreThe Bank of Thailand is asking financial institutions to monitor borrowers’ debt servicing ability as the second-phase debt relief measure is set to expire this month, says GH Bank president. Vulnerable groups, deemed as borrowers that received temporary suspension of debt repayment, will undergo an examination of financial assessment by banks, said Chatchai Sirilai, president […]
Read MoreThe Eastern Economic Corridor (EEC) Policy Committee on Monday approved feasibility studies on three new development projects worth a combined 1.18 trillion baht, aiming to create connectivity between the government’s flagship EEC and regional industry. The three new projects are a trio of dry ports worth a combined 24 billion baht in Khon Kaen, Nakhon […]
Read MoreThe Finance Ministry is preparing to roll out a tax rebate and cash handout incentives to shore up consumer spending. The two measures will be implemented to entice consumer spending, with the format adjusted from the “Taste, Shop, Spend” and “Shopping for the Nation” schemes, with the core focus to stimulate taxpayer spending through tax […]
Read More
Thailand
