BOT expects mild impact from wage hike
Bank of Thailand expects a mild impact on inflation if the minimum wage hike is raised to Bt300 as campaigned by the Pheu Thai government, on anticipation that the increase would be gradual.
Bank of Thailand expects a mild impact on inflation if the minimum wage hike is raised to Bt300 as campaigned by the Pheu Thai government, on anticipation that the increase would be gradual.
Strong crop prices drove the growth of Thailand's farm economy in the first half of this year to expand by 7.3% year-on-year, the highest rate in 10 years.
As the dust settles on Pheu Thai’s landslide victory, the political situation in Thailand has become clearer but the economic situation for the property sector is still ambiguous.
Stock investors reacted positively to the election result, with the Stock Exchange of Thailand Composite Index opening 33.48 points or 3.21 per cent higher.
Bangkok is on the list of global top 20 destination cities in terms of visitor arrivals and spending, according to MasterCard Worldwide survey.
Thailand's auto industry is targeting production of 3 million vehicles annually by 2015, pushing the country into the top 10 from its present 12th ranking.
Tipco F&B, a Thai-Japanese joint venture, aims to double its beverage sales to 5 billion baht by 2015.
S.P.S. Group, a major local furniture exporter, is targeting 5 billion baht worth of exports in three years after being named a major supplier to Ikea, the popular Swedish do-it-yourself furniture chain.
Amid positive signs of a tourism revival,international tourist arrivals in the first five months of this year rose 24.36% to 8.2 million, according to the Tourism Authority of Thailand (TAT).
Beverage consumption data by packaging type, material and individual pack size including forecasts to 2015 Summary Extracted from Company’s Global...
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