Prime Minister Prayut Chan-o-cha will on Thursday (July 25) unveil his government’s policy statement in Parliament, aimed at elevating Thailand to developed-nation status country via 12 urgent and 12 long-term policies focused mainly on the Eastern Economic Corridor (EEC) project. Among the urgent policies, the sixth calls for a “future-proof” economic system by promoting target […]
Read MoreEnergy minister Sontirat Sontijirawong has announced several energy policies regarding LPG and NGV prices, drought problems, and biodiesel promotion, along with hinting about a new mega plan to be unveiled next week. After a meeting with his permanent secretary Kulit Sombatsiri and high-ranked executives, the new minister revealed that the Energy Ministry will focus primarily […]
Read MoreModern trade sentiment remained in the doldrums in the second quarter, as operators were still concerned about higher operation costs, the impact of political uncertainty, drought and the relatively low income of people living outside urban areas. Thanavath Phonvichai, vice-president of research at the University of the Thai Chamber of Commerce (UTCC), said despite growing […]
Read MoreKUALA LUMPUR: Malaysia will find it challenging to meet its 3% fiscal deficit target for next year due to uncertainties around the US-China trade war, the finance minister told Reuters in an interview. South-East Asia’s third-largest economy is dealing with a debt pile of over RM1 trillion (US$243.19bil), which the administration of Prime Minister Tun […]
Read MoreCambodia can meet its 100,000 tonne annual export target to Indonesia if more focus is placed on fragrant rice, exporters have said. In 2012, Cambodia signed a memorandum of understanding (MoU) to export 100,000 tonnes of rice to Indonesia annually, but the target was never achieved. In 2016, the two nations then planned to sign […]
Read MoreJOB seekers in Singapore are looking to get a 17 per cent bump in pay when they switch jobs, after averaging across industries and levels, said a report by RGF International Recruitment. Its survey found financial compensation to be the driving factor for 61 per cent of job seekers in Singapore, with 83 per cent […]
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Thailand
