The national wage committee of Thailand on December 6 agreed to increase the minimum daily wage from 308-330 baht (10.16-10.88 USD) to 313-336 baht (10.32-11.08 USD).
The Thai cabinet has approved an additional stimulus package valued at 5.8 billion baht (191 million USD) with a hope of boosting the economy to close to the country’s target of 3 percent.
The Thai cabinet has approved a two-day holiday for all government offices in Bangkok and Nonthaburi province during the ASEAN summit and related meetings to be held from November 2-4.
Thailand’s cabinet on October 11 gave the nod to 18 tourism stimulus measures proposed by the Ministry of Tourism and Sports to stimulate the economy in the fourth quarter of this year.
The Thai cabinet has approved a budget worth 24.6 billion baht (about 809 million USD) to support research and innovation to transition the country into a fully technology-based society.
An ASEAN ministerial meeting in Manila, the Philippines, has agreed that five ASEAN nations – Indonesia, Malaysia, Singapore, Thailand and Vietnam – will launch a joint bid to host the 2034 FIFA World Cup.
Thailand’s economic growth in the third quarter is likely to improve from the second quarter’s reading, mainly thanks to positive tourism growth and the government’s economic stimulus measures, according to the Bank of Thailand.
The Thai government on September 10 endorsed a package of measures aimed at attracting more foreign investment, especially to expedite investments from companies seeking to relocate their production plants in the context of the escalating US-China trade tension.
The Thai Cabinet on September 3 gave the green light for an expenditure budget of 3.2 trillion THB (about 104.5 billion USD) in fiscal year 2020, up 6.7 percent from the previous fiscal year.
The Thai Cabinet on August 27 approved a 15.8 billion baht budget to resolve drought and flooding issues in 76 provinces, government spokesperson Narumon Pinyosinwat announced.
The Thai cabinet on August 20 approved an economic stimulus package, worth 316 billion THB (over 10 billion USD), to boost the country’s sluggish economy.
The Government of Thailand on August 16 launched additional rain-making operations in the northern, northeastern and central regions to tackle serious droughts.
The Thai cabinet has endorsed a budget of 3.2 trillion baht (about 104 billion USD) for fiscal year 2020, up 6.7 percent from fiscal 2019, which ends on September 30.
The Thai cabinet has recently approved 12 urgent policies which will be implemented in its first year in office, with the focus on tackling poverty reduction, ensuring public safety and boosting economic development.
The National Economic and Social Development Council (NESDC) plans to propose developing a Southern economic corridor (SEC) to the new government in a similar scenario to the ongoing Eastern economic corridor (EEC) scheme.