News
Thai entrepreneurs urged to move fast in Myanmar
Thai entrepreneurs should tap Myanmar’s high growth potential, say business leaders. However, competition has grown intense as Myanmar welcomes other foreign investors, forcing some Thai businesses to seek local partners in order to make it easier to do business there. Keep reading ...
Thai baht at six-year low, tourism shares fall after bombing
Thailand’s baht currency slumped to a more than six-year low on 18 August and shares fell in Bangkok over concerns an unprecedented attack in the capital could hit the vital tourism sector. At least 21 people were killed and over 120 wounded when a bomb ripped through ...
Thailand’s economic growth slows, with yuan denting outlook
Thailand’s economic growth slowed in the second quarter as improving government spending and tourism failed to counter weak local demand and exports, with the outlook clouded by drought and the yuan’s devaluation. Gross domestic product gained 2.8 percent in the three months through June from a ...
5.9% pay hike forecast for Thailand
Salaries in Thailand are expected to go up by 5.9 per cent in 2015, according to global consulting firm Mercer in its recently released annual labour market research. Keep reading ...
Vietnamese plea to Thailand: Don't divert the Mekong
People in Vietnam hope Thailand will reconsider its plan to divert water from the Mekong, because it would seriously affect their ability to produce food. The Mekong Delta is Vietnam’s most important agricultural area. Each year, the area produces the most rice and fruit in the country. This region ...
Pruksa raises forecast for year's growth in Bangkok property sector
The property market in Greater Bangkok is expected to remain in good shape, with SET-listed Pruksa Real Estate Plc revising up its growth forecast to 15% growth this year from 10% projected in May. Keep reading ...
Laos, Thailand seek cooperation on SEZs
Laos and Thailand are seeking bilateral cooperation at special and specific economic zones along the border of the two countries. Laos’ National Committee for Special Economic Zones and Thailand’s Policy Committee on Special Economic Zone Development are preparing to sign a memorandum of understanding to inaugurate ...
Thailand's public debt drops to 42% of GDP
Thailand’s public debt fell slightly to 42.36% of gross domestic product, or 5.68 trillion baht, on June 30, according to the Finance Ministry. At the end of May, the figure was 5.69 trillion baht, or 42.58% of GDP. Keep reading ...
Thailand's ready-to-eat food prices skyrocket
Prices of ready-to-eat meals, or fast foods, have soared 5-20 baht per dish across Thailand, with prices in the South increasing the most, a survey has found. Keep reading ...
The labeling problem in Southeast Asia's refugee crisis
In the ‘crisis’ involving the displaced Rohingya people in Southeast Asia, the preferred institutional label is “irregular migrants.” It is a term which implies that migration is well-regulated, which is not the case in South East Asia. The ‘labeling’ or construction of identities of social groups ...
