The 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 […]
Read MoreFamily businesses account for almost all of businesses in Indonesia, employing millions of people and boosting the economy. However, their sustainability is a big problem as only 13 percent survive until the third generation, a consultancy firm says. Deloitte Indonesia executive director Budiyanto said on Wednesday that some of the problems that people encounter when […]
Read MorePeople in Myanmar will be required to give their biometric data, including thumbprints, when buying mobile phone services under a controversial government plan to store private information on a central database. A tender document issued last month and seen by The Myanmar Times invites bids for a “national database to store and manage biometric mobile subscriber registration […]
Read MoreBangkok ranks 20th on a list of expat-friendly cities in a survey conducted by InterNations, the world’s largest expat community with more than 3.5 million members. The city gets high marks for affordability but its ranking was dragged down by poor scores for environmental quality and political stability. Twelve Asian cities are featured in the Expat […]
Read MoreKUALA LUMPUR: The Institute of Chartered Accountants in England and Wales (ICAEW) has forecast that Malaysia’s gross domestic product (GDP) in 2020 may slow to 4% from 4.4% expected for this year. Economic advisor Sian Fenner said the cautious outlook was primarily driven by the moderating household spending. “Household spending is still going to remain quite […]
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Thailand
