Economy and industry

The final decision on Minimum Wage increases will be made in March, with new rates to vary in accordance with economic conditions in each province.The Ministry of Labor’s Permanent-Secretary Jarin Chakkaphark revealed the Wage Committee has discussed the increase in the Minimum Wage proposed by ...

Thailand is getting ready to provide an update of its efforts to fight human trafficking in the hope of winning a better ranking from the US in the next Trafficking in Persons (TIP) report.Last year, the Kingdom was placed in Tier 2 and included among ...

The cabinet approved an agreement between the governments of Thailand and Myanmar to suppress human trafficking and eliminate the trafficking at organizational level effectively and in timely manner.Deputy Government Spokesman Lt Gen Weerachon Sukhontapatipak revealed the cabinet has approved the drafted Memorandum of Understanding between ...

In an increasingly digital world, a common denominator for successful organizations is the ability to empower its workforce and customers with the right information at breakneck speeds. With IDC forecasting that at least 50% of global GDP will be digitized by 2021, putting data to ...

Amid global trade disputes and economic instability, the Ministry of Commerce has pivoted its export strategy towards India, which continues to see high demand for Thai products and services as well as investment potential for the Thai government’s Eastern Economic Corridor (EEC).Keep watching ...

Japanese multinational banking and financial services company Sumitomo Mitsui Banking Corporation (SMBC) is keen to expand in Thailand to cash in on the Industry 4.0 initiative set to attract more foreign invester.Keep reading ...

From paleo diets to veganism, the relationship that human beings have with food is multifaceted and cuts across different social underpinnings and economic considerations. As such, food production is an important consideration in the sustaining of any particular society.Keep reading ...

Moves to control smog in the North are ineffective since the authorities are only focusing on controlling outdoor fires, experts cautioned yesterday.  With summer approaching, people in the North are now bracing for the annual seasonal haze, which normally begins in March, though academics and ...

Public confidence in the expansion of the Thai economy continues to improve after a clear election date has been set fourth and a comeback in the number of Chinese tourists. The University of the Thai Chamber of Commerce expects spending during Valentines and Makha Bucha ...

With the stronger baht constraining Thai economic growth, other small emerging market economies are facing the risk of recession, economists warn.Teerana Bhongmakapat, former dean of economics at Chulalongkorn University, expressed concern about the baht’s rise against the US dollar and regional currencies. “The overshooting baht ...