The Nation

Cabinet approves 3.48tn budget bill for fiscal 2024

The Cabinet on Tuesday approved the fiscal 2024 expenditure budget bill with planned government spending of 3.48 trillion baht, Prime Minister Srettha Thavisin announced.Speaking to reporters after the weekly Cabinet meeting, Srettha said the budget bill and attached documents had been scrutinised by the Office ...

The Nation Reporter

Thailand’s exports surge 4.9% in Nov, projected to cross pre-Covid levels in 2024

Thailand’s exports rose by 4.9% in November compared to the same period last year, marking the fourth consecutive month of growth, the Commerce Ministry said recently.Data shared by the ministry suggests a positive trend towards a return to pre-pandemic levels, with an estimated growth of ...

The Nation Reporter

Committee retains wage adjustment of 2.37%

The tripartite committee studying the minimum wage has adhered to its previous resolution to increase the minimum wage by province within the range of 330 to 370 baht, a hike of 2-16 baht per day or an average of 2.37%, from January 1 onwards.The committee, ...

The Nation Reporter

PM2.5 smog choking Thailand’s economy, says World Bank

PM2.5 air pollution is costing Thailand a staggering 6% in lost GDP per year, according to the World Bank.The economic losses come from the huge medical bill for treating patients with PM2.5-related health conditions, says the “Thailand Economic Monitor” (December 2023) report.While Thailand has set ...

The Nation Reporter

6 provinces in Thailand suffer persistent poverty, as gaps get smaller in some, NESDC report reveals

A recent report from the National Economic and Social Development Council (NESDC) revealed that efforts to address poverty and inequality in Thailand have not been entirely successful.Despite an overall reduction in inequality, some provinces are still grappling with persistent poverty issues, it found.NESDC, in collaboration ...

The Nation Reporter

PM2.5 pollution top issue of concern for most Thais, survey finds

Most Thais are worried about the impact of PM2.5 air pollution, an opinion poll conducted by Suan Dusit University found.The poll, conducted via phone interviews with 1,123 randomly selected respondents from across the nation between December 12 and 15, found that nearly 90% were concerned ...

The Nation Reporter

TAT sets THB3.5 trillion target for 2024, will boost domestic tourism

The Tourism Authority of Thailand (TAT) wants to reduce dependency on any single market, while it is working on increasing the average spending of tourists.As part of the efforts, the TAT aims to stimulate tourism in secondary cities.TAT Governor Thapanee Kiatphaibool revealed that it has ...

The Nation Reporter

Education Ministry urged to reconsider budget for small schools

The network of small schools nationwide has proposed to the Ministry of Education to revise the budget allocation formula to improve quality and reduce disparities within one fiscal year.Meanwhile, the Ministry of Education has collected information on issues and solutions in collaboration with ActionAid, emphasising ...

The Nation Reporter

Tourism, real estate among 5 industries that grew the most in 2023

Five industries experienced significant growth this year, while three others were suffering huge contraction, the Ministry of Commerce’s Department of Business Development said on Friday.Department director-general Oramon Sapthaweetham said that the five industries that saw the biggest expansion in the past year were:▪︎ Tourism (growing ...

The Nation Reporter

Thai economic recovery faltered as growth declined

Thai economic recovery faltered due to global headwinds as growth fell to 1.5 percent year-on-year in the third quarter of 2023, well below expectations according to the latest World Bank’s semi-annual Thailand Economic Monitor.Growth in 2023 was dampened by a contraction in goods exports as ...

The Nation Reporter

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