Salaries in Thailand are expected to rise an inflation-adjusted 2.2% next year, the eighth highest in the world, a survey shows. Soaring inflation is set to put a major dent in salary increases for the second year running in 2023, according to a new survey that sees just 37% of countries globally expecting to report real-term […]
Read MoreThe Tourism Authority of Thailand (TAT) is expected to look elsewhere for stimulus after the prime minister asked the cabinet last week to prepare new mechanisms to accelerate year-end spending. The agency had been pushing for a tourism stimulus plan totalling 1 billion baht, proposed in June, financed by a budget from the 500-billion-baht loan decree. […]
Read MoreExport prospects look promising for Thai plant-based food, with expected growth of more than 20% this year driven by rising numbers of health-conscious consumers, innovations, and an increasing global population, according to the Thai Food Processors Association. Visit Limlurcha, honorary president of the association, said while the export values of the country’s plant-based food remain […]
Read MoreCambodia’s commodity exports to Thailand saw a sharp 37.57 per cent on-year increase in the first nine months of 2022, at $655.050 million versus $476.155 million last year, as the government works to leverage its economic diplomacy strategies to drive up international sales of domestic products. The January-September bilateral commodity trade between Cambodia and Thailand […]
Read MoreRestaurants, accommodation and travel booking services, Mice (meetings, incentives, conferences and exhibitions), pharmaceutical products, health and beauty services, and medicinal plants are sectors that expected to see brighter prospects during the latter part of this year and into next year, in part because people have become more concerned about their health. According to Deputy Commerce Minister Sinit […]
Read MoreThe global economy is growing at 3.2% this year, a substantial drop from 6% last year, with an even gloomier outlook for next year, according to Finance Minister Arkhom Termpittayapaisith after the Apec Finance Ministers’ Meeting on Thursday. Mr Arkom announced the forecast as part of the result of the meeting, which was attended by finance […]
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