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Labour minister says unemployment less than half of predictions

Jack Burton

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Labour minister says unemployment less than half of predictions | The Thaiger
PHOTO: Samui Times
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Thailand’s labour minister told a Friday press briefing that the number of unemployed people in Thailand is around 2 to 3 million, less than half the 7 to 8 million previously predicted. He said that since The National Economic and Social Development Council did the calculation, “it cannot be wrong… as the latter is Thailand’s economic planner”.

Given the gravities of the collapse of the Thai tourism industry, alone, the minister’s numbers appear suspiciously low.

Labour Minister Suchart Chomklin said the Covid-19 pandemic created fear amongst the Thai workforce and businesses, adding that job hunting during the pandemic will be disheartening for fresh graduates.

“I myself will monitor the situation of unemployment among new graduates. What I will do is to set up a national labour centre in my ministry. The centre will cut unemployment by matching unemployed workers with industrial firms.”

He also said he’ll encourage businesses in the industrial and farming sectors to hire Thai workers rather than migrant labour wherever possible. The centre will also arrange reskilling and upskilling of workers in factories and combat forced labour human trafficking in the fishery sector.

SOURCES: Khaosod English | xinhuanet

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Jack Burton is an American writer, broadcaster, linguist and journalist who has lived in Asia since 1987. A native of the state of Georgia, he attended the The University of Georgia's Henry Grady School of Journalism, which hands out journalism's prestigious Peabody Awards. His works have appeared in The China Post, The South China Morning Post, The International Herald Tribune and many magazines throughout Asia and the world. He is fluent in Mandarin and has appeared on television and radio for decades in Taiwan, Mainland China, Hong Kong and Macau.

7 Comments

7 Comments

  1. Avatar

    Mike Frenchie

    August 16, 2020 at 6:01 pm

    I stick with the International Labor Organization (United Nations) numbers (6-7 million unemployed by year end) since most workers in the tourism industry are not covered by the social security (free lancers). These figures should also come with the impact on the real estate industry where most new buildings are taken up by foreign owners!

    • Avatar

      rinky stingpiece

      August 16, 2020 at 9:23 pm

      The trouble with countries like Thailand is that aside from whether you believe the official figures, many people are able to work informally and outside of any bureaucracy, so the en masse return to food and agriculture work can absorb what in the west would have to be absorbed via a bureaucratic system like social security. What’s probably likely is that a lot of people are working for less and have less to spend. A lot of work is already precarious and subsistence level anyway. Without tourism, hidden problems become visible.

    • Avatar

      james

      August 16, 2020 at 10:23 pm

      Most new buildings are not taken up by foreign owners, this is where farangs claim to be the centerpiece of the Thai economy yet again.

      In the development I live in, in Phuket, 600 houses were built over a period of four years.

      There are only about ten farang families living here, the rest are Thai owners, most of the houses were sold off-plan before they were built.

      They are at the lower end of the market true at about 5 million baht at the time (eight years ago).

      Many Thai people have money as well as well as us you know.

      • Avatar

        Rinky Stingpiece

        August 17, 2020 at 9:01 am

        Many do, and many don’t, and personal debt (which includes mortgages) is at an all-time high. Relatives pay for a lot.
        Of those 5m houses, how many will have mortgages of over 40,000/month? How many of the mortgagees earn more than that?

        • Avatar

          james

          August 17, 2020 at 7:25 pm

          Rinky

          That will be the situation in most places in the world now after the virus, most people have a mortgage who have bought a house.

          My point was it is Thais who buy most of the houses built in Thailand seeing as there are 65,000,000 of them and only a few hundred thousand farangs who mostly rent anyway or have bought a house which they can not own anyway.

          Plus many Thais have land and can build a house for 500,000 that is where most houses are built for very little money.

          One strange aspect I do see here though is many Thais have better cars than they do a house, I have seen many 1.2 million baht cars parked outside 500,000 baht houses.

          • Avatar

            Rinky Stingpiece

            August 18, 2020 at 1:21 am

            I don’t think they really buy them… they are bought by their families, and they “kind of” pay it back in some form of contribution, and then get in massive debt for a car that they really don’t need. One of my inlaws is paying off a hooptie and it’s huge chunk of income.

            We know that land ownership is a very grey area with all kinds of categories and deals done within family groups. Comparing the way Thais buy houses to the way it happens in the west, it’s not comparable. Western input is mainly through tourism, whourism and beerism.

  2. Avatar

    Toby Andrews

    August 17, 2020 at 11:22 pm

    Without the option of selling to felangs Thai property prices will go down.
    This option will soon be drastically reduced
    Of course bamboo shack houses will not be affected.

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Bangkok

First airplane food cafe, now Thai Airways opens fried dough stand

Caitlin Ashworth

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First airplane food cafe, now Thai Airways opens fried dough stand | The Thaiger
PHOTO: Thai Airways

Since not much is happening in the air, Thai Airways is running new business schemes on the ground. For their newest venture, the company opened a deep fried dough street food stand. They say the fried dough with taro custard is an “award winning” recipe.

Thai Airways has already opened a pop-up restaurant serving “in flight” food to customers seated in repurposed airplane seats. They also started offering package deals for a lessons on their flight stimulator, touting that it’s the most realistic stimulator in Thailand and is usually used to train pilots.

For their new fried dough stand outside of the company’s Bangkok headquarters, the new business venture has already “taken off.” Nation Thailand says a long line of people waiting for the 50 baht fried dough early Wednesday morning.

The stand is up from 6:30am to 9:30am in front of their headquarters on Silom Road.

Hopefully they’ll make a profit out of the fried dough with taro custard as they currently owe around 245 billion baht (give or take a few billion), according to Reuters. So 245 billion baht, divided by 50 baht, minus the costs of the taro and dough… they will have to sell a LOT.

SOURCE: Nation Thailand

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Business

Foodpanda joins online grocery delivery movement

The Thaiger

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Foodpanda joins online grocery delivery movement | The Thaiger

Get your latest dinner or snack, or now a delivery from your supermarket. Foodpanda is the latest player to join the online grocery delivery movement as it is now operating under Pandamart. The German-based delivery app is the latest establishment to shift its focus on capitalising from “quick commerce” which sees items being delivered faster than traditional grocery stores.

However, the game is on as Pandamart enters at a time when Grabmart and HappyFresh already have penetrated the rapid delivery market by their respective Grab and Line Man apps. Thomas Buchan, the director of new verticals at Foodpanda Thailand, says customers expect deliveries faster in this new era.

“We are entering the era of quick commerce [q-commerce] where digital customers expect faster delivery within minutes or hours, unlike the 4.0 e-commerce era when users wait for same-day or next-day delivery.”

Pandamart delivers products within 20 minutes as orders are mapped to its nearest product storage facility within 10 km for faster delivery times. Such merchants partnering with the company include Gourmet Market, Lawson 108, Tesco, Beauty Buffet and the retail giant CP Freshmart.

To entice users, it also offers free delivery for orders of 50 baht or more with snacks, alcohol and beverages bringing in the most sales. Currently, Pandamart operates in 12 Asia-Pacific countries and Buchan says that number is expected to grow as shopping habits change.

SOURCE: Bangkok Post

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Bangkok

Bangkok expo planned to fill 1 million job vacancies

Caitlin Ashworth

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Bangkok expo planned to fill 1 million job vacancies | The Thaiger
PHOTO: Thai Visa

Thailand has a lot of job opportunities. About a million. The Labour Ministry is hosting an expo to connect job seekers, especially recent university graduates, with companies. For recent graduates, a new government initiative co-payment system will take care of half the salary.

Job Expo Thailand 2020 will run from September 26 to 28 at Bangkok International Trade and Exhibition Centre, or Bitec. Government agencies are expected to post around 400,000 job positions, according to the Labour Minister Suchat Chomklin. About 100,000 jobs are expected to be posed from companies overseas. There will be around 200,000 job positions for university graduates. Another 200,000 jobs are expected to be posted from companies from various sectors.

“The economy is reviving after the lifting of the Covid-19 lockdown. Companies have reopened and begun to hire their workforce again… This organised state job expo is expected to boost confidence in the economy and accelerate the hiring process.”

The labour minister says he hopes the mass hiring will help revive the economy after the pandemic.

“It is not practical now to seek a job in a normal way… So we’ve decided to pull in all companies that seek to place job postings in one place.”

The Bangkok Post did not report on how many, if any, companies would be open to hiring foreigners. But there are options for native-English speakers for teaching positions. Thailand’s Education Minister has announced plans to recruit up to 10,000 native English-speaking teachers. Even though the the plan hasn’t been put in place yet, many schools have positions available since a number of foreign English teachers went back to their home countries during the pandemic.

For recent university graduates, the government has started a co-payment system to cover 50% of the salaries for new graduates for 12 months. Sachat says the system is expected to bring in 190 billion baht. The government plans subsidise 15,000 baht per month for 1 million new graduates, estimated to spend 180 billion baht over the next year on the subsidy.

SOURCE: Bangkok Post

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