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Unemployment hits 9-month high
The unemployment rate in Thailand has reached a nine-month high of about 2% of registered workers, as the country struggles to deal with slow economic growth and more factory shutdowns, according to the Employers’ Confederation of Thai Trade and Industry (EconThai).The group’s calculation is based ...
Bangkok Post Reporter
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Thai Central Bank Unveils Measures to Tackle High Household Debt
Thailand’s central bank announced a slew of relief measures for borrowers struggling to repay home loans and credit card dues, stepping up efforts to tackle the highest household indebtedness in Southeast Asia.The minimum repayment rate of 8% for credit-card users, which the central bank earlier ...
Thomas Kutty Abraham
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Thailand's most important economic goal
Any relatively new finance minister, such as Pichai Chunhavajira, comes into office facing a crowded agenda: Maintain good relations with the central bank, ensure strong revenue collections and pursue fiscally responsible policies, manage customs and excise. Keep an eye on inflation, which reached 1.54% in ...
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Thailand bets on B500bn cash handout to revive economy
The government expects the rollout of a long-delayed cash handout to most adult citizens to help reverse a slump in economic activity and tackle the highest household debt in Southeast Asia. The distribution of 10,000 baht each to all Thais 16 years and older under a ...
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Seeking new engines of growth
About 40 years ago, natural gas was discovered in the Gulf of Thailand, creating excitement across the country. This period marked the dawn of Thailand’s golden era. Following this discovery, the Eastern Seaboard Development Project was initiated to develop the eastern coastal region. Foreign investment ...
Bangkok Post Reporter
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Thai economy faces upheaval due to factory closures and cheap Chinese imports
When Chinese electric vehicle maker BYD opened its first Southeast Asian factory in Thailand earlier this month, the nation of 66 million people basked in the limelight and won praise for its industrial vision.What, however, received less attention was an announcement by another big automobile ...
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Event | Leveraging geospatial artificial intelligence for climate action in Asia: An Indigenous Perspective
Knowledge for Development Foundation is thrilled to host a session on “Leveraging geospatial artificial intelligence for climate action in Asia: An Indigenous Perspective,” at DRAPAC24 in Taipei on Sunday, 18 August, 11 am (UTC+8).Let’s rethink how we can leverage geospatial AI technology for climate action ...
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JOB OPPORTUNITY: TOR of Mangrove Conservation Assistant
TERMS OF REFERENCE Mangrove Conservation Assistant Assignment:Mangrove Conservation AssistantLocation:Southern Thailand, with possible regional travelContract Type:Full-time, on site.Reports to:Foundation DirectorDuration:2 years (contingent on performance and funding continuation)Start:ImmediatelyDeadline:2 March 2024 or Until filledPosition:This position is open to Thai nationals and those eligible to work in ThailandOVERVIEWThe Knowledge for ...
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TOR: Finance and Administration Manager
Assignment:Finance and Administration ManagerLocation:Chiang Mai, Thailand, with possible regional travel Contract Type:Full-time, on site. Reports to:Program DirectorDuration:2 years (contingent on performance and funding continuation) Start: ImmediatelyDeadline:Until filledPosition: This position is open to Thai nationalsOVERVIEWThe Knowledge for Development Foundation (K4D) is a newly established not-for-profit organization based in Chiang Mai, Thailand. ...
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Open Development Thailand publishes a topic page on “Foreign Direct Investment in Thailand."
Open Development Thailand publishes a topic page on “Foreign Direct Investment (FDI) in Thailand,” showing statistics of FDI. Thailand has been and continues to be one of the most successful countries in the region in attracting FDI due to its investor-friendly environment. Thailand is considered ...
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Open Development Thailand publishes a dashboard on “Essential Information on COVID-19 in Thailand."
Open Development Thailand (ODT) recently published a dashboard on “Essential Information on COVID-19 in Thailand,” which collects useful information on the nationwide measures, capacity of health services and medical workforces, hotline contact, educational videos, and infection cases over time. Access to the page>> ...
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Open Development Thailand publishes new pages on COVID-19 Impact on Thai Labor Market and its Dashboard
Open Development Thailand (ODT) recently published a new topic page on “COVID-19 Impact on Thai Labour Market,” which shows that the lockdown measure and other COVID-19 measures significantly affected jobs and workers in Q2/2020. The data dashboard will provide you insights to understand vulnerable informal ...