Thailand’s factory output unexpectedly dropped in May due mainly to supply shortages for manufacturing cars and some electronics products due to lockdowns in China’s major port cities, the Ministry of Industry reported on Wednesday. Output is likely to be steady in June and recover next month as China’s restrictions ease, while increased domestic activity and […]
Read MoreHong Kong is the world’s most expensive place for employees sent abroad to work, according to a new study comparing the prices of 200 goods and products in more than 400 cities. Switzerland was hot on Hong Kong’s heels, with four cities — Zurich, Geneva, Basel and Bern — ranking second to fifth place respectively […]
Read MoreCambodian Commerce Minister Pan Sorasak on Wednesday told local exporters to reap the benefits of the Regional Comprehensive Economic Partnership (RCEP) free trade pact, which came into force from January 1 this year. In a speech to some 350 officials and business executives at the first seminar on RCEP, Sorasak encouraged the exporters to seize […]
Read MoreThe positive economic performance in the second quarter helped Vietnam’s GDP growth reach 6.4% year-on-year in the six months. Vietnam’s GDP growth in the second quarter of 2022 is estimated at 7.72% year-on-year, the highest since 2011, according to the General Statistics Office. Such a rate put the country’s economic growth at over 6.4% in […]
Read MoreThai employers have been urged by an international recruitment services firm to consider hybrid work arrangements because its survey has found that most Thai employees prefer a hybrid working environment for better work-life balance. The Talent Trends 2022 Report survey was carried out by Michael Page Thailand. The recruitment services firm issued an insight summary […]
Read MoreThe Thai economy is expected to grow about 3.5% this year, driven by stronger tourism and exports, Finance Minister Arkhom Termpittayapaisith said on Tuesday. The Tourism and Sports Ministry now predicts 9.5 million foreign visitors this year, Mr Arkhom told reporters. The government also plans additional measures to help reduce costs of living, he said. Source: https://www.bangkokpost.com/business/2335533/thai-economy-seen-growing-3-5-this-year-on-tourism-and-exports-says-finance-minister-arkhom
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Thailand
