Bangkok Post
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
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
Global economy to hit Thai tourism
The Tourism Authority of Thailand (TAT) forecasts revenue of 1.2-2.38 trillion baht next year, according to its new 2023 strategy, but this is likely to be challenged by global inflation and rising interest rates, with spending already taking a hit.TAT governor Yuthasak Supasorn said the ...
Bangkok Post Reporter
Jabs 'saved half a million people'
A research team from Mahidol University has estimated that the government’s Covid-19 vaccination campaign over the past two years prevented nearly 490,000 deaths.The team based their work on a mathematic modelling carried out by the MRC Centre for Global Infectious Disease Analysis in 185 countries ...
Apinya Wipatayotin
Collaboration for the climate
A commitment to cooperation between countries in Southeast Asia remains the key to tackling climate change as its impact continues to take a greater toll on the region’s economy and people, say experts.The mutually beneficial results of such a commitment are clear, one of them ...
Bangkok Post Reporter
BoT can't afford to hold interest rates
Like all countries in the world, the Bank of Thailand (and Monetary Policy Committee, or MPC) believes they can run monetary policy independently based on local economic conditions.That belief is hard to fathom in today’s liquid international capital market where money can move from one ...
Bangkok Post Reporter
SMEs call for suspension of planned fuel tariff increase
The Federation of Thai SMEs is asking the government to delay an increase in the fuel tariff (Ft) scheduled for September as they struggle to stay afloat amid mounting economic problems.The Ft, which is determined by fuel costs, is expected to rise as the Russia-Ukraine ...
Bangkok Post Reporter
Thailand in top 10 for expats
Thailand has moved into the top 10 among the best countries for expatriates, rising to 8th place from 14th last year in the Expat Insider 2022 survey by InterNations.The world’s largest expat community with more than 4 million members, Berlin-based InterNations surveyed expat life in ...
Bangkok Post Reporter
Bid to attract EEC investment intensifies
The government is forging cooperation with more than 10 embassies to boost foreign investments in the Eastern Economic Corridor (EEC), with a focus on high-tech and eco-friendly businesses.Ambassadors from countries such as Japan, Germany, France and the Netherlands as well as executives from foreign chambers ...
Lamonphet Apisitniran