Economy and industry

The minimum wage hike has emerged as the latest hot potato for the ruling Palang Pracharath Party (PPRP) after labour groups piled pressure on the government not to backtrack on its election promise.Meanwhile, the Democrat Party has urged the government to adopt its income guarantee ...

Raising the daily minimum wage to 400 baht would have a detrimental impact on small and medium-sized enterprises (SMEs), the Federation of Thai Industries (FTI) says.The 400-baht wage was a Palang Pracharath Party election campaign promise.Keep reading ...

The state-run Electricity Generating Authority of Thailand (Egat) will start public hearings with stakeholders and local communities on Saturday in a bid to repower two existing units of the Mae Moh coal-fired power plant in Lampang. Egat is budgeting 37 billion baht for development cost ...

The Bank of Thailand’s moves to counter hot-money inflows that have pushed the baht to a six-year high and the central bank’s vow to impose more measures if such speculative flows linger rattled the local currency and the stock market on Friday.Keep reading ...

A Thailand-Vietnam joint venture is going ahead with the construction of what will be Laos’ fifth hydropower dam on the mainstream Mekong River in Luang Phrabang province, with hundreds of families likely to be affected.Keep reading ...

On June 30 in Hanoi, Vietnamese and EU officials signed a new free trade deal that could shift the balance of manufacturing in the region. The EU-Vietnam Free Trade Agreement and the EU-Vietnam Investment Protection Agreement will reduce tariffs and facilitate trade between the two ...

 In a joint statement, three leading business associations slashed their 2019 economic growth and export forecasts for Thailand as the Thai Baht continues it strength.The Federation of Thai Industries, the Thai Bankers’ Association and the Board of Trade of Thailand slashed their growth estimate to ...

Thailand is set to increase minimum wages for a second straight year as it looks to attract workers amid an aging population and shortage of labor in key industries.A subcommittee to decide on the extent of increase will meet in the next one to two ...

Financial technology is the key enabler for the next era of banking and financial services in Thailand, a seminar heard on Monday.Fintech would enable the 40 per cent of unbanked or underserved Thais to get access to formal financial and banking services, according to panellists ...

The Department of Foreign Trade (DFT), Ministry of Commerce, is organizing a Thai-Myanmar Border Trade Fair in Tak.Keep reading ...