The Excise Department has proposed local airlines increase the frequency of flights to second-tier provinces to enhance tourism there in return for a reduction in the excise tax on jet fuel, its chief says. If the seven low-cost and full-service carriers want the Excise Department to cut the excise tax, they should offer proposals that […]
Read MoreThe government is trying to find ways to help workers who have been laid off after nearly 1,400 factories closed down during the past 11 months, Prime Minister Prayut Chan-o-cha said on Tuesday. The government also pointed to more than 2,000 new factories having opened over the period, with jobs created for over 80,000 people. […]
Read MoreEnglish is the second most widely used language in the world after Chinese, but it far outranks the latter as an international language. Knowing how to communicate in English is essential for just about anyone seeking to succeed in countless fields from business to academia. Research shows that English is the official language of 53 […]
Read MoreThailand slipped one position to 43rd out of 63 economies in the World Talent Ranking 2019, while its regional peers Singapore, Indonesia and the Philippines advanced, according to a report conducted by the IMD World Competitiveness Centre (WCC). The sixth edition of the ranking takes into account investment and development, readiness and appeal. Indonesia ranked […]
Read MoreThe Bank of Thailand’s decision to ease its key policy rate for a second time in 2019 and introduce measures to curb the strength of the baht will reduce the need for further easing in 2020 in our view. As such, we now forecast the central bank will keep its policy rate on hold through […]
Read MoreThe slowdown in economic growth in the third quarter has prompted government think tank National Economic and Social Development Council (NESDC) to cut its 2019 GDP forecast again to 2.6% — from an earlier projection of 2.7%-3.2%. The lower projection was attributed to the country’s poor export prospects in light of the slowing global economy, […]
Read More
Thailand
