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Thailand: The lowdown on the high-end scheme

The Thailand Elite Card is in the public spotlight again after Jirayu Huangsap, an MP from the Pheu Thai Party, said in parliament last week that shady Chinese business operators had become members of this privilege programme. This claim could become another flaw for Thailand Elite Card — one of the most disputed government projects which […]

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Grab sees foreign users surge in Thailand

Super-app Grab reported a 45% surge in foreign users of its ride-hailing service in Thailand between the second and third quarters of last year, reflecting a recovery of tourism in the country. According to its “Travel Insights 2022” report, Thailand was voted among the top three international destinations that users of the app would like […]

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Thailand: Cabinet greenlights workers’ wage hike

The cabinet yesterday approved a wage increase for skilled workers in 17 professions. The move aims to promote workers who pass the skill standard test in each profession so that they receive wages at appropriate rates and align them with their skills, knowledge and competency, according to deputy government spokeswoman Rachada Dhnadirek. The approval will take […]

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Thailand: Slowing exports pressure growth

A higher risk of slowing exports amid a global economic slowdown will pressure Thai economic growth this year, despite positive growth of the tourism sector, says an executive of the Bank of Thailand. Even though the tourism recovery is a key factor supporting economic expansion in 2023, Thailand’s economy will feel the pressure from the export slowdown, […]

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Thailand: December MPI marks the lowest level in 28 months

Thailand’s Manufacturing Production Index (MPI) fell by 8.19% year-on-year in December last year to 93.98 points, the lowest level in 28 months, as the world economy contracted. The full-year MPI managed to climb 0.62% year-on-year to 98.32 points, said Warawan Chitaroon, director-general of the Office of Industrial Economics (OIE). “Many countries grappled with the economic slowdown […]

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Thailand: Country’s fuel usage up 13.5% in 2022

Thai fuel consumption rose by 13.5% last year, driven by the easing of the Covid-19 pandemic, full reopening of the country and economic recovery, says the Department of Energy Business (DOEB). Last year saw the full resumption of air and land transport inside and outside Thailand, without travel restrictions imposed under lockdown measures, said Nanthika Thangsupanich, director-general […]

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