Less than 4% of Thai service sector employees are at high risk of being replaced by AI, but 74% of business leaders value AI skills and are willing to pay more for employees with AI expertise. The Impact of AI on Thai Employment The adoption of artificial intelligence (AI) in Thailand is expected to have […]
The Thai cabinet has doubled the tax-free threshold for redundancy compensation to 600,000 baht, benefiting long-serving employees and providing relief to lower and middle-income earners, expected to stimulate consumer spending and economic growth. Increased Tax-Free Threshold for Redundancy Compensation The Thai cabinet has recently announced a doubling of the tax-free threshold for layoff compensation to […]
Blue Whale®, a French cooperative, achieved record turnover across markets due to strong growth of varieties such as Candine, Coeur de Reine, and Pink Lady. Focus on innovation, sustainability, and diversification for future success. Blue Whale® Announces Record Turnover Blue Whale®, the leading French cooperative, has declared record turnover figures across all its markets with […]
The Bank of Thailand maintains interest rate at 2.50%, projecting 2.6% and 3% economic growth in 2024 and 2025 driven by domestic demand and tourism. Committee addresses high household debt concerns. Monetary Policy Decision The Bank of Thailand has decided to maintain its key interest rate at 2.50%, despite calls for a rate cut to […]
Asian markets followed US trends with a positive start. Australian bond yields fell. US shares were steady. Dollar weakened, affecting interest rate expectations. Investors await US jobs report for market direction. Asia-Pacific markets remain cautiously optimistic. Asian Markets React to US Tech Shares Surge Asian markets followed the positive trend set by their US counterparts, […]
Global funds are increasingly buying Thai equities, indicating investor confidence. Factors like government stimulus, tourism growth, domestic consumption, and favorable valuations suggest potential economic recovery in Thailand. Investor Interest in Thai Equities Global funds have recently shown interest in purchasing Thai equities, indicating growing investor confidence in the market. The interest is supported by data […]
40% of Thai respondents with monthly income less than 15,000 baht have higher expenses than income. Rising household debt, particularly among Gen Y, due to easy credit, online shopping, and social pressure.Government efforts and financial education programs offer hope for a more financially stable future. Income Disparity Among Thai Consumers A recent consumer survey by […]
Thailand plans to boost state spending by $3.4 billion for a digital wallet program, providing cash handouts to 50 million citizens to stimulate the economy despite concerns about inflation and fiscal risks. Thailand’s Stimulus Budget Thailand is set to implement a supplementary budget of $3.4 billion to boost state spending and revitalize the economy. The […]
