News

Thailand's tourism industry rebounds as it heads into high season

Tourist arrivals in Thailand have been promising – with 3.12 million international travellers turning up in the first seven months of the year.The authorities and industry players are optimistic but the nation, which before the Covid-19 pandemic relied heavily on tourism, is not out of ...

Termination of Employment in Thailand

According to Thai labour laws, an employer is empowered to terminate an employee’s employment at its will, except for members of the Employee Committee which requires a court order for dismissal. However, the consequences of dismissal with and without statutory causes under the Labour Protection ...

Bangkok Post Reporter

Thailand Inflation Moderates Ahead of Central Bank Rate Decision

Thailand’s core inflation surged to the highest since 2008 on higher energy and food costs, piling pressure on the nation’s central bank to start raising interest rates.Core price gains, which strips out volatile food and fuel items, was 3% in July, quickening from 2.51% a ...

Thai central bank to test retail digital currency late this year

Thailand’s central bank said on Friday (Aug 5) it expected to test its retail digital currency from late this year to the middle of 2023, as an alternative payment option.During the testing, the retail central bank digital currency (CBDC) will be used in conducting cash-like ...

Interact with your children often and early for healthy development

The first five years of life are the building blocks of a child’s physical, emotional and cognitive development. It’s important for parents and caregivers who play a big role in promoting learning and development to ensure that their child receives all the support he or ...

Thai business group sticks by GDP outlook despite inflation risk

Thailand’s economy is still expected to grow 2.75 per cent to 3.5 per cent this year, helped by increased exports, more tourists, and government support, but faces rising inflationary pressures, a leading joint business group said on Wednesday (Aug 3).Exports are expected to increase 6 ...

Banks expected to delay rate hike

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) believes the banking sector will delay raising the interest rate in line with the Bank of Thailand’s anticipated gradual policy rate hike.Under the policy rate hike trend in the second half of this year, banks ...

Bangkok Post Reporter

IoT tech to collect real-time weather data

The Meteorological Department is gearing up to adopt Internet of Things (IoT) devices to collect weather-related data which can be reported in real time, and work with the telecom regulator to send weather warnings to people via SMS messages.The agency, under the Digital Economy and ...

Bangkok Post Reporter

Thailand's economy to improve further on consumption, tourism

Thailand’s economy improved in June and the momentum is expected to continue into the second half of 2022 thanks to increased tourism and domestic consumption as pandemic curbs eased.The Bank of Thailand (BoT)’s Senior Director Chayawadee Chai-Anant said the tourism sector will play an important ...

Budget of THB1.2bn approved for training to boost household income

The Cabinet on Tuesday approved a budget of 1.249 billion baht to train people in part-time occupations to help them through economic hardship.The budget will fund three-month courses to equip people with skills such as hairdressing, packaging design, auto repair, air conditioner repair, sewing, and ...

The Nation Reporter

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