Wednesday, November 20, 2024

CATEGORY

Economics

Business Leaders Reject Nationwide 400 Baht Minimum Wage Hike

Natthaphon Luangwongpaisan criticizes Thailand's 400 baht minimum wage increase, advocating for regional adjustments and skill improvements.

Thai consumer confidence hits 13-month low

Thai consumer confidence fell to a 13-month low amid slow growth and high costs, despite new government stimulus plans.

Upturn in Electronics and Gold Push July’s Exports to Highest in Over Two Years

In July 2024, Thai exports surged 15.2% YoY to $25.7B, led by electronics and gold, despite a trade deficit.

SET, SEC and AMLO sign MoU to fight Illegal securities trading

AMLO, SET, and SEC sign a pact to combat illegal securities trading, enhance market integrity, and restore investor confidence.

Thailand plans to launch virtual banking services by 2025

Thailand is launching virtual banking licenses to reshape its financial landscape, aiming to serve underserved populations. Initial licenses will be issued in 2024, with...

Australia Approves Renewable Energy Link to Singapore

Australia will build a 12,400-hectare solar farm to supply 15% of Singapore's electricity, starting in the early 2030s.

Thailand’s GDP grew by 2.3% in the second quarter of 2024

Thailand's GDP grew 2.3% in Q2 2024, driven by private consumption and exports, but investment and agriculture declined.

Thailand’s central bank keeps interest rate at 2.50 percent

The Bank of Thailand's Monetary Policy Committee maintains the policy rate at 2.50%, citing economic recovery from tourism and domestic demand, while anticipating inflation...

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