The unemployment situation in the first quarter is likely to improve boosted by healthy export growth and a gradual recovery of the tourism sector, according to the Employers’ Confederation of Thai Trade and Industry. Tanit Sorat, the confederation’s vice-chairman, said the latest statistics show that the number of employees who registered for the Social Security […]
Read MoreSteel consumption in Thailand dropped by 14.3% year-on-year to 2.54 million tonnes between January and February due to a surge in Covid-19 infections, a shortage of construction workers and weak business sentiment, says Tata Steel Thailand Plc (TSTH), a unit of India’s largest steelmaker. The Russia-Ukraine war is also feared to affect global steel prices, […]
Read MoreThe baht opened at 34.07 to the US dollar on Tuesday, weakening further after breaching the key 34/dollar level to close at 34.04 on Monday. The currency is expected to move between 33.95 and 34.15 on Tuesday, Krungthai market strategist Poon Panichpibool said. Poon said the risk-averse market and Covid-19 situation in China could add […]
Read MoreThailand’s car exports in March dropped by 10.2% year-on-year to 93,840 units due to a shortage of semiconductors and auto parts, which could become even more scarce as a result of the Russia-Ukraine war, says the Federation of Thai Industries (FTI). The shortage has affected exports of many car models to the Australian, European and […]
Read MoreThe Tourism Council of Thailand (TCT) said the Thailand Pass scheme should be scrapped from June 1 to gain an additional 2 million tourists from tour groups and help the country to achieve 10 million tourist arrivals this year. Vichit Prakobgosol, TCT vice-president, said the Thailand Pass still obstructs tour operators from bringing inbound tour […]
Read MoreIn March alone, some 53 investors brought 10.83 billion baht to Thailand, the Commerce Ministry said on Monday. Of the investors, 17 hold business licences and 36 hold business certificates, Deputy Commerce Minister Sinit Lertkrai said. He added that these investments created 447 jobs for locals and brought in advanced technology, such as oil well […]
Read More
Thailand
