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Bangkok 2nd Most Expensive City In ASEAN

Bangkok has now become the second most expensive city to live in within ASEAN, losing only to Singapore. Phuket, Pattaya, and Chiang Mai have also made their way onto the top 10 list of most expensive cities to live in ASEAN. Numbeo has reported the list of cities in ASEAN with the highest cost of […]

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Thailand central bank holds fire as economic risks increase

BANGKOK: Thailand’s central bank on Wednesday kept its benchmark rate steady after December’s tightening, saying an accommodative policy would support the economy in the face of rising global risks. The Bank of Thailand (BOT)’s monetary policy committee (MPC) voted 4-2 to hold its one-day repurchase rate at 1.75 percent, as expected by all 20 economists […]

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Thailand: Top three rising business trends for 2019

MANY businesses and individuals these days virtually live on the online platforms. Digitalisation has brought with it several positive impacts on our everyday activities. It has also delivered the risk of privacy breaches and the need to be aware of cybersecurity issues. In the era of digital economy, three industries stand out from the crowd […]

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Thai, Cambodian central banks sign pact

Bank of Thailand announced on Monday it had signed an agreement with the National Bank of Cambodia on cooperation in payments and financial innovation. The central banks’ governors, Veerathai Santiprabhob of Thailand and Chea Chanto of Cambodia, signed the document on February 3 in Phnom Penh. The banks’ annual meetings are aimed at strengthening cooperation […]

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Thailand: Salaries hike 5.5% in 2019

Employees in Thailand will enjoy salary increases averaging 5.5% in 2019, the same as the previous year, according to a forecast by Korn Ferry.  In the Korn Ferry 2019 Global Salary Forecast, Thailand is ranked fifth out of 100 countries in terms of real salary growth forecast (adjusted for inflation) — tied with Azerbaijan — at […]

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