Thai workers risk losing their jobs with the rise of artificial intelligence (AI), big data and the Internet of Things in production and management processes, especially at large and mid-sized companies, says the state planning unit. Porametee Vimolsiri, secretary-general of the National Economic and Social Development Board (NESDB), said large firms have a tendency to […]
Read MoreThe private sector has voiced concerns about the stronger baht, which recently hit a 31-month high, saying it could hurt exports and tourism as well as the overall Thai economy. Some businesses have demanded new measures from the Bank of Thailand to curb the baht’s rise. The Thai National Shippers’ Council (TNSC) estimates that the […]
Read MoreThe country’s consumer confidence rose for a fourth straight month in November, boosted by a stronger economic outlook as exports and tourism remained robust but low commodity prices were still a concern, a private survey showed on Thursday. The index of the University of the Thai Chamber of Commerce rose to 78.0 in November from […]
Read MoreThe Thai telecom regulator needs to reduce the spectrum space designated for 2G in order to allocate more frequency for 5G development, says a leading US communication network firm. “Thailand ranked second among Asean countries in terms of 5G development, behind Singapore,” said Navin Vohra, vice-president, service provider sales, Asia-Pacific, at Thai Inc. 5G technologies […]
Read MoreThe national tripartite committee, consisting of representatives of workers, employers and the government, has decided the minimum daily wage of 300 baht should increase by up to 5% next year, or 15 baht. The conclusive report is due to be submitted for approval to the newly-appointed Labour Minister Pol Gen Adul Sangsingkeo. The rise in […]
Read MoreTHE REVENUE Department will amend the Revenue Code to raise the threshold for child-rearing expenses that can be deducted from personal income tax in a bid to encourage Thais to have more than one child. Prasong Poontaneat, Revenue director-general, said that under the planned legal amendment, each spouse will be given a tax deduction for […]
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Thailand
