Bank of Thailand governor Veerathai Santiprabhob has signalled an imminent hike in the policy interest rate, arguing that higher interest rates won’t be an impediment to economic growth and that the need for an ultra-loose monetary policy is less important. Any monetary policy tightening will be data-dependent, he said, and a degree of monetary policy easing […]
Read MoreWorkers from in-demand professions will see higher wages and benefits from companies eager to recruit desirable talent, according to a survey from UK-based recruitment consultancy firm Robert Walters. It found salaries in some industries could rise as much as 40%, particularly in niche supply chain and procurement positions. This new crop of workers must understand the […]
Read MoreThe Revenue Department is in discussions with the Fiscal Policy Office on the conditions for shopping tax refund on shopping expenses during the festive season, expected to start from December 15. Revenue Department’s director general Ekniti Nitithanprapas said yesterday that Finance Ministry departments expect to finalise the draft on tax incentives for shopping early next […]
Read MoreThe State Railway of Thailand (SRT) has reported a total investment of Bt213.1 billion from year 2015 till now, SRT’s acting governor Warawut Mala said yesterday. The investments included Bt24.72 billion for a double rail system from Lopburi to Pak Nam Pho in Nakhonsawan province, followed by Bt85.34 billion on a rail route from Denchai […]
Read MoreThai exports bounced back in October, boosted by higher shipments of fuel, gold, petrochemicals and agricultural products after September’s surprise decline of 5.2% year-on-year, the first dip in 19 months. The Commerce Ministry reported yesterday that customs-cleared exports rose 8.7% year-on-year in October, fetching US$21.75 billion. Export value for the first 10 months expanded favourably at […]
Read MoreKUCHING: Thailand is keen to explore potential areas of cooperation with Sarawak, especially in the Sarawak Corridor of Renewable Energy (Score), said its Ambassador to Malaysia, Narong Sasitorn. Narong, who is on his first visit to the state, said his country would like to see how it could be involved in the economic development projects, […]
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