LONDON: Britain’s biggest supermarket chain Tesco said on Sunday it had started a review of its businesses in Thailand and Malaysia, including looking at a possible sale. It said in a statement that “following inbound interest, it has commenced a review of the strategic options for its businesses in Thailand and Malaysia, including an evaluation […]
Read MoreThe Tourism Authority of Thailand (TAT) plans to tap second-tier provinces in Vietnam to bring in more first-time visitors. These provinces, namely Hai Phong, Nha Trang, Da Lat and Can Tho, offer direct flights with affordable tickets to Thailand, said Napasorn Kakai, director of the TAT’s Ho Chi Minh City office. She said the TAT […]
Read MoreSalary growth of 5% is forecast in Thailand in 2020, slightly below the 5.3% average for all of Asia, according to a study by the organisational consulting firm Korn Ferry. After accounting for an inflation rate of 1.3%, real wage growth in Thailand is forecast at 3.7%. The oil & gas sector is seen as […]
Read MoreBlackmores, the distributor and marketer of branded vitamin and nutritional supplements, expects sales this year to grow by a single-digit rate for the first time in several years. Pussadee Suchitchon, the company’s country manager, said that in the best case, sales of Blackmores at drug, health and beauty stores in Thailand are likely to grow […]
Read MoreThe Federation of Thai Industries (FTI) and the Bank of Thailand have agreed to launch new measures for Thai small and medium-sized enterprises (SMEs) to encourage them to expand overseas. The two parties will select 50 competitive companies from five industrial sectors: auto parts, rubber, food and processed food, home appliances and electronics, and furniture. […]
Read MoreThe national wage committee agreed on Friday to increase the minimum daily wage by 5-6 baht, from 308-330 baht to 313-336 baht, and will propose the rise to cabinet for effect from Jan 1. Unskilled workers in most provinces will be entitled to 315-320 baht a day. Suthi Sukosol, permanent secretary for labour, said the […]
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