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Thailand: No post-election obstacles seen for EEC

WHILE SEVERAL parties contesting Sunday’s election have pledged to review the junta’s flagship Eastern Economic Corridor (EEC) development scheme, experts said yesterday that most infrastructure projects will continue regardless of which political parties form the post-election government.  “All the parties are in favour of infrastructure development, so progress on the EEC is unlikely to be […]

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Thailand: BoT tempers GDP outlook

The Bank of Thailand is less optimistic about the country’s economic outlook, trimming its 2019 growth forecast to 3.8% from 4% amid sluggish export demand and keeping the policy rate unchanged as widely expected.  The seven-member Monetary Policy Committee (MPC) voted unanimously on Wednesday to maintain the policy rate at 1.75% for a second straight meeting […]

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Thailand: Contractors raise wage hike alarm

Contractors are crying foul over key political parties’ campaign promises to raise the daily minimum wage to higher than 400 baht, saying it will raise people’s cost of living and those enjoying the most benefits will be foreign workers.  Wirot Charoentra, managing director of SET-listed contractor Pre-Built Plc (PREB), said a rise in the daily minimum […]

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Thailand: Employers seeking ‘soft skills’

Online jobs portal JobThai has suggested nine different “soft skills”, such as time management and emotional intelligence, that can help workers land a job in a competitive market.  Unlike “hard skills” such as programming, soft skills pertain more to personality, social interactions and the ability to learn.  Saengduen Tangthamsatit, co-founder and chief operating officer of […]

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Thailand: TCC confidence index ticks up for February

Business confidence recovered in February, boosted by the long-awaited general election on Sunday and the return of Chinese tourists.  The Thai Chamber of Commerce (TCC) confidence index, a gauge of nationwide business sentiment, edged up to 48.5 points after dipping to 48 points in January, the lowest in three months, from 48.4 in December, 48.3 in […]

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