Asean News
Many Thai industries in battle for survival
Thai industries face collapse from competition with China, technology changes, and rising wages. Factory closures and layoffs are increasing, with concerns over the impact...
Truckers threaten higher fees if diesel is not reduced to Bt30 per litre
Truck operators threaten 9% rate hike if diesel prices not capped at 30 baht/litre within 10 days. Complaint lodged with PM due to impact...
New savings lottery tickets could be launched next year
Finance Ministry plans digital lottery for retirement savings, priced at 50 baht each. Members of National Savings Fund and freelancers eligible to buy 60...
FTI warns of more business closures if Bt400 minimum wage is enforced
The Federation of Thai Industries warns of more factory closures if a standard Bt400 minimum wage is implemented. Over 360 factories have closed, resulting...
Has Thailand become the sick man of Asean
Thailand's economic growth has been hampered by political crises and poor management. Budget delays and structural issues have led to sluggish growth, with the...
Diesel price to rise by 50 satang per litre on Friday
Thailand's Oil Fuel Fund executive committee raised diesel price by 50 satang/litre to 32.94 baht/litre due to global oil price volatility, capping high-speed diesel...
National minimum wage rise could harm SMEs
Thai government plans to raise daily minimum wage to 400 baht to boost consumption, despite concerns about negative impacts. Foreign chambers of commerce suggest...
Old pledging scheme rice deal expected to be concluded in June
Commerce Minister Phumtham confident decade-old rice will be auctioned to African buyers in June, no political motive. Committee to decide auction details, expects up...