(KPL) Minister of Labour and Social Welfare Khampheng Xaysompheng and his Thai Counterpart Pol. Gen. Adul Sangsingkeo opened the Post-Arrival and Reintegration Centre for Migrant Workers, the fourth of its kind, in Mukdahan, Thailand on Apr 4. The centre will be used for choosing, checking and training foreign workers before they can be allowed to […]
Read MoreOf the 1 trillion baht in investment expected to pour into the government’s flagship Eastern Economic Corridor in Chachoengsao, Chon Buri and Rayong, about 500 billion baht is expected to take the form of public procurement — government construction contracts and purchase agreements — with 300 billion to be financed by borrowing spread over the next […]
Read MoreEconomic forecasting houses are still divided on Thailand’s growth prospects. While the World Bank Monday raised Thailand’s 2018 growth forecast to 4.1% from the 3.6% predicted in August last year, and the Organisation for Economic Co-operation and Development (OECD) lauded Thailand for making impressive economic and social progress over the past several decades, CIMB Thai Bank (CIMBT) […]
Read MoreBank of Thailand governor Veerathai Santiprabhob played down Finance Minister Apisak Tantivorawong’s recent comment that commercial banks charge too much interest to small- and medium-sized enterprises (SMEs) compared to large corporates, saying SMEs enjoy competitive rates. SMEs are typically charged interest rates based on the minimum lending rate (MLR) plus a risk premium, but banks have […]
Read MoreBANGKOK: A seasonal downturn in Thailand’s baht driven by dividend outflows and a lack of tourists could be worse than usual this year amid rising global bond yields and less liquidity, according to Kasikornbank Pcl. A dropoff in tourists after the Songkran festival in mid-April and payouts to foreign stock investors usually spell declines for the […]
Read MoreA CHANGING economic landscape is the driving force for reform in Thailand’s higher education system, with the Thailand 4.0 economic strategy prompting universities to adapt curricula to meet government policy and industrial demand. In early February King Mongkut’s Institute of Technology Ladkrabang (KMITL) and Chulalongkorn University (CU), both public institutions based in Bangkok, announced they […]
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Thailand
