Asean News
400 baht national minimum wage not yet resolved by wage committee
The tri-partite wage committee in Thailand is unable to finalize the 400-baht national minimum wage until receiving proposed rates from provinces by July 31st....
The three top foreign buyers of condo units in Thailand
Chinese, Russian, and Myanmar nationals purchased 14,500 Thai condominium units worth 73 billion baht in 2021. Foreign demand is increasing, especially in Phuket, prompting...
Leveraging the value of the elderly workforce in corporations
Companies recognize the strengths of hiring elderly workers for their valuable experience. Many companies in Thailand, like Tropicana Oil, Cafe Amazon, Lotus, and HomePro,...
Court spares Office of Insurance Commission in Bt40 billion lawsuit
The Central Administrative Court dismissed a Bt40 billion lawsuit against the Office of the Insurance Commission by Syn Mun Kong Insurance related to banning...
Winning bidder announced in auction of old pledging scheme rice
V8 Intertrading won a bid for 15,000 tonnes of ten-year-old rice at Bt19.07/kg. Six companies bid. The Commerce Ministry expects a deal to be...
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...
