|
Thai Business News
|
|
Monday, 23 March 2009 |
 Thousands of Thais who have lost their jobs are flocking to Impact Arena, where the government is holding a career workshop to help retrain workers with vocational skills. As many as one million people have lost their jobs so far, as the global economic recession forces businesses to close down. The career workshop provides free training for up to one month. Those who sign up will also receive a living and transport allowance for the duration of the course. Workers who choose to return to their hometowns after completing the course will also be entitled to receive up to 4,800 baht per month for three months to help them stand on their own two feet. The government’s multi-billion baht stimulus package includes cash handouts to low-income earners, those over 60 years of age, and investment in infrastructure projects to create more jobs.
Bangkok Post
|
|
Read more...
|
|
|
Thai Business News
|
|
Wednesday, 25 February 2009 |
 Delegates attending the Association of Southeast Asian Nations summit this year in Thailand's seaside resort town of Hua Hin are expected to put the economic slump at the top of the meeting's agenda, while human rights issues will only be on the sidelines. Burma is likely to dodge criticism from its neighbors about its refusal to comply with the United Nations' demand to release political detainees , including its high-profile prisoner Aung San Suu Kyi. Host country Thailand might also be able to steer the spotlight away from the Thai army's alleged mistreatment of Rohingya refugees. ASEAN is hopeful that it will be able to establish a single market within the region by 2015 and achieve what the European Union has. However, leaders of some member countries are doubtful much will be achieved wihtout help from China, Japan and Korea. The summit was originally scheduled for December in Bangkok, but had to be postponed because of the political turmoil in Thailand and the closure of the country's largest international airport.
AP
|
|
Read more...
|
|
|
Thai Business News
|
|
Thursday, 05 February 2009 |
The Thai currency is likely to become weaker against the US dollar and could fall by as much as 5.6% by the end of 2009. A currency expert forecast the Thai Baht, which as of February 4 traded at 34.95 per dollar, will slide to 36 by the end of June, and 37 by the end of the year. The year 2008 saw the Thai currency plummet 15%, securing a third-worst spot amongst Asia's 10 most active currencies against the US dollar. Despite the Thai government's plan to spend billions of baht to spur growth, the political instability, which culminated in the closure of Bangkok's two international airports late last year, sent business sentiment to a record low. Thailand's current account will likely be in a deficit this year as overseas investment slows down, exports dry up, and the government's spending climbs through the roof.
Bloomberg
|
|
Read more...
|
|
|
Thai Business News
|
|
Wednesday, 15 October 2008 |
 The Thai government has announced a a six-point plan to reinvigorate the capital market and other sectors of the economy in a bid to help Thailand deal with global financial threats. The 12 billion baht plan will be used as support funds to shore up sagging stock prices, while the Stock Exchange of Thailand will set up a 10 billion baht matching fund in partnership with financial institutions to buy shares. Also, tax allowances for investors of long-term equity funds and retirement funds will be increased from 500,000 baht to 700,000 baht per person. In addition, the 2009 state budget for mega-infrastructure construction projects will be increased from 250 billion baht to 350 billion baht, for mass transit, other transport and energy projects.
The Nation |
|
Read more...
|
|
|
Thai Business News
|
|
Monday, 14 July 2008 |
 Nishita Shah, a Thai of Indian origin who is just 28 years old, has been named the 19th richest person in Thailand by Forbes Asia magazine. Shah, who is worth $375 million, is the biggest shareholder and director of dry-bulk shipper Precious Shipping, which was founded by her father. Chaleo Yoovidhya is once again at the top of the list. Chaleo, the maker of Red Bull, is worth $4 billion, up 14 percent from last year, thanks largely to strong global sales of the caffeine-stoked energy drinks. He was followed by Charoen Sirivadhanabhakdi, the founder of Thai Beverage, who is worth $3.9 billion.
ThaiIndian.com
Forbes Asia |
|
Read more...
|
|
|
<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>
|
