Members of the Federation of Thai Industries (FTI) are concerned about the Move Forward party’s policy to increase the minimum wage to 450 baht/day. The Move Forward Party’s proposal to increase the minimum wage to 450 baht per day has sparked mixed reactions from businesses and workers. While some see it as a way to […]
Tesla Increases Prices in North America and East Asia
Tesla Inc. has raised prices in a range of up to $290 in Canada, China, Japan, and the United States, its website showed on Monday, after the company slashed prices of its top-selling vehicles since the start of the year.The hike was the first on its two top-selling models at the same time in multiple […]
Growth in Asia and the Pacific to accelerate to 4.6 percent this year
The main development has been the reopening of China, where surging consumption is boosting growth across the region despite weaker demand from the rest of the world. This article was originally published here: Growth in Asia and the Pacific to accelerate to 4.6 percent this year Read the rest of Growth in Asia and the […]
Thai growth to exceed 3% in 2023 according to business owners
The poll found that business operators expect the economy to grow by over 3% in 2023, driven by an expected increase in the number of Chinese tourists This article was originally published here: Thai growth to exceed 3% in 2023 according to business owners Read the rest of Thai growth to exceed 3% in 2023 […]
Thailand signs mini-FTA with Shenzhen
Thailand’s export growth plan is currently focused on growing trade with secondary cities in partner countries using mini FTAs, often known as little free trade agreements. This article was originally published here: Thailand signs mini-FTA with Shenzhen Read the rest of Thailand signs mini-FTA with Shenzhen on Thailand Business News
Economic slowdown may prompt reluctant reform in China
Xi took China’s achievement of long-term economic growth to mean that market reform was no longer necessary and began to prioritise political control over economic efficiency This article was originally published here: Economic slowdown may prompt reluctant reform in China Read the rest of Economic slowdown may prompt reluctant reform in China on Thailand Business […]
Industries to Watch Out for Growth in Southeast Asia in 2023
Southeast Asia, or the ASEAN (the Association of Southeast Asian Nations) region as more commonly referred to in Asia, is among the fastest-growing regions in the world. According to the Asian Development Bank (ADB) This article was originally published here: Industries to Watch Out for Growth in Southeast Asia in 2023 Read the rest of […]
Developing Countries to Be Hard Hit by Long-Term Slowdown
This article was originally published on Developing Countries to Be Hard Hit by Long-Term Slowdown Excluding China, growth in emerging market and developing economies is expected to decelerate from 3.8% in 2022 to 2.7% in 2023 This article was originally published here: Developing Countries to Be Hard Hit by Long-Term Slowdown Read the rest of […]