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  • Economy News

    Voluntary exodus leaves 1% of workforce jobless in first quarter

    Over 400,000 individuals, representing approximately 1% of the working-age population, were unemployed during the first quarter of the year, with the primary reason being voluntary resignation. Piyanuch Wuttisornon, the Director-General of the National Statistical Office (NSO), announced the findings from a survey on the working-age population. The results indicated a decrease in unemployment numbers for the first quarter compared to…

  • Thailand News

    Thai gold prices climb slightly to 41,500 baht per baht-weight

    Gold prices in Thailand saw an uptick today, as reported by the Gold Traders Association (GTA), marking a slight increase from yesterday’s stagnant figures. As of today, May 16, the price of gold ornament per baht-weight was listed at 41,500 baht, reflecting a 50 baht rise from the closing price on May 15. The latest update from the GTA, published…

  • Business News

    Thailand’s revenue department ups tax amid economic slowdown

    The Revenue Department faces a challenging year in meeting its tax collection targets, owing to a slowdown in economic activities. Despite this, five sectors have been identified as promising. The department, led by director-general Kulaya Tantitemit, has increased its revenue collection target to 2.27 trillion baht (US$61.7 billion) for the fiscal year 2024, up from 2.02 trillion baht (US$55 billion)…

  • Economy News

    Gold ornament prices soar to 41,900 baht in Thailand

    Gold prices in Thailand witnessed a notable increase, as reported by the Gold Traders Association (GTA) today. The cost of gold ornaments surged to 41,900 baht, marking a significant rise from the previous day’s closing figures. The GTA, the authoritative body on gold pricing in Thailand, announced an uptick of 200 baht in the price of gold ornaments compared to…

  • Transport News

    Songkran festival sees 1% rise in public transport usage in Thailand

    Public transport usage during this year’s Songkran festival experienced a 1% increase compared to the corresponding period in the previous year, with around 5.6 million travellers across Thailand, as reported by the Transport Ministry. The minister, Suriya Juengrungreangkit, reassured that the public transport networks were effectively managing the increased number of passengers and vehicles on the country’s main transportation routes.…

  • Thailand News

    Price surge in off-season rice boosts Thai farming

    The president of Ban Mai Khao Farmers Group commended the recent increase in the price of fresh off-season rice, which has hit 10,000 baht (US$280) per tonne. This price surge not only encourages the traditional practice of rice cultivation among Thai farmers but also ensures a steady income for them. Suphan Phathom’s area of oversight includes the last remaining rice…

  • Business News

    Gold prices experience significant rise, says GTA

    Today saw a marked increase in gold prices, according to the Gold Traders Association (GTA). The buying prices for gold ornaments reached 34,473.84 baht (US$966) per baht weight, and gold bars were valued at 35,100 baht (US$984) per baht weight. On the other hand, the selling prices were determined at 35,700 baht (US$1,001) per baht weight for gold ornaments, while…

  • Search Engine Marketing (SEM)

    Mastering PPC bidding: Essential guide to strategy & optimization

    Navigating the world of PPC bidding strategies can often feel like traversing a complex maze. With your business up and running, you’re no stranger to the basics of PPC campaigns. However, unlocking the secret to maximizing your ROI is a whole different challenge. The eCommerce arena is incredibly competitive, where every click and every pound spent on ads must work…

  • Business News

    Gold prices could hit US$2,015 per ounce in near future, says GTA

    The Gold Traders Association (GTA) projected a potential rise in gold prices, possibly hitting US$2,015 (71,535 baht) per ounce in the near future. However, this trend may be interspersed with periods of market volatility. Yesterday morning, spot gold saw an increase of 0.4% to US$1,997.39, spurred by a dip in the US dollar and a fall in the benchmark US…

  • Thailand News

    Vegtable prices soar in Yala’s Betong market as crops crumble as rainfall wreaks havoc

    Fresh vegetable prices in the Betong municipal market in Yala have seen a dramatic increase due to inclement weather causing a decrease in production. The constant cold and rainfall have stunted vegetable growth and have led to disease that destroys the crops. This has caused substantial damage to the planting areas, leading to reduced yields and subsequent hikes in vegetable…

  • Business News

    New ESG fund could boost Thai stocks by up to 70 billion baht

    Analysts predict that a forthcoming environmental, social and governance (ESG) fund could draw investments of between 20 and 70 billion baht into 114 stocks listed on the Stock Exchange of Thailand’s (SET) ESG index this year. The long-term savings fund, which is set to be established later this year, will be focused on investing in domestic ESG stocks and bonds.…

  • Thailand News

    Pork prices sizzle in northern Thailand due to crackdown on illegal supply

    Pork prices have seen a continuous increase for two consecutive weeks in Nakhon Ratchasima’s Terdthai market. This is primarily due to the government’s rigorous crackdown on illicit and frozen pork, resulting in a significant decrease in the volume of illegal pork in the market. As the new year approaches, prices are expected to surge further. On surveying the fresh pork…

  • Business News

    Israeli-Hamas conflict sparks fears of disruptions in global oil prices

    Price fluctuations in global crude oil have surged by 4% following the Israeli-Hamas conflict. This escalation in oil prices has sparked fears, especially among oil companies, as Montri Rawanchaikul, the Chief Executive of PTT Exploration and Production Plc (PTTEP), voiced worries that the conflict may lead to disruptions in petroleum production in the Middle East. Auttapol Rerkpiboon, CEO of PTT…

  • Business News

    AI adoption boom: Igniting innovation, doubling productivity, and fostering cross-gen cooperation

    The revolution of Artificial Intelligence (AI) in businesses is underway, igniting innovation, boosting productivity by twofold, and fostering cross-generational cooperation. Currently, the United States alone hosts over 14,700 AI startups, with more sprouting daily, according to McKinsey. Forecasts suggest that AI adoption and digitisation will automate between 30% and 40% of existing jobs, augment 50 to 60% of job tasks,…

  • Economy News

    Rice prices skyrocket in Thailand due to drought effects and export ban

    A meeting is set to be convened today by Commerce Minister Jurin Laksanawisit evaluating the repercussions of the drought instigated by the El Niño weather occurrence, and potential courses of action in response to the surge in rice prices. Concurrently, the Commerce Ministry under the watchful eyes of Wattanasak Sur-iam, chief of the Internal Trade Department, is monitoring good prices,…

  • Economy News

    Thai economy booms as government’s fiscal income beats projections with 122bn baht surplus

    The Thai economy demonstrates strong recovery and active imports as the Thai government’s net income during the first two-thirds of fiscal 2023 has surpassed projections by 122 billion baht, revealed Fiscal Policy Office Director-General, Pornchai Thiraveja, 42 years old. Between October 2022 and May 2023, the Thai government raked in a total of 1.64 trillion baht, which is an 8%…

  • Thailand News

    Shining Surge: Gold prices soar in Thailand, hitting 32,650 baht per baht

    The Gold Traders Association reported an increase in gold prices in Thailand today, with gold bullion trading at 32,650 baht per baht, up 50 baht compared to the closing price of yesterday. Gold bars are being bought at 32,050 baht and sold at 32,150 baht. Recording a rise in gold prices today, the Gold Traders Association stated that gold ornaments…

  • Thailand News

    Thailand’s skilled workers to get minimum wage hike

    Thailand’s Cabinet approved a wage hike for skilled workers in the country. The hike will range from 465 to 700 baht a day for 17 occupations spanning three sectors. According to the Bangkok Post, the Labour Ministry made the proposal which is intended to suit the capabilities of workers in fields that are in high demand. The hope is to end…

  • Lifestyle

    Japanese government wants to offer additional 80,000 yen to new parents

    Japan’s government is wanting to boost the amount given to new parents by 80,000 yen (US$585) to motivate citizens to have more babies. As the country’s birthrate has been declining for some time, the government has tried to find ways to boost family planning. According to the Japan Times, the Ministry of Health, Labour and Welfare currently offer a Childbirth…

  • Property

    Bangkok condo market making a comeback amidst the future of Asian megacities

    A major property developer says Bangkok condos are making a comeback after 2 years of limited launches due to the Covid-19 pandemic. Supalai says December is the magic month for a comeback and has announced it is launching up to 4 new condo projects in Bangkok, worth an estimated 5.74 billion baht. Supalai Managing Director Tritecha Tangmatitham told the Bangkok…

  • Entertainment

    Thailand’s creative industry to grow by over 3% next year

    Thailand’s Creative Economy Agency says the creative industry is expected to grow by 1.51 trillion baht in 2022, which is about 3.55%. The CEA says the growth demonstrates Thailand’s soft power and international cultural influence. But, some experts say more can be done to increase its growth, as Thailand has long been know for its exceptional tourism, cuisine, traditional medicine,…

  • Thailand News

    Despite a better performance in first quarter, Thailand’s GDP may not impress in second

    Despite performing better than predicted in the first quarter, Thailand’s gross domestic product may not be as impressive in the second quarter. As the first quarter saw a contraction of 2.6% year on year, analysts say the contraction was better than predicted. Now, an Oxford Economics report says the recent third wave in Covid-19 may prevent the GDP from seeing…

  • Economy News

    Thailand increases durian exports to China by 14% this year

    Thailand has exported 14% more durian to China in this year’s first quarter over the same period last year. The Trade Negotiations Department Director General says Thai durian auctions in the first quarter secured 186 million, making up 88% of the total amount of Thai durian exports to world markets. Last year, Thailand exported US1.5 billion worth of durian to…

  • Politics News

    Thanathorn demands answers over budget increase for Royal office

    Progessive movement leader and former head of the now-defunct Future Forward Party Thanathorn Juangroongruangkit has been banned from politics for 10 years… but he’s still making his voice heard in the halls of power. In his capacity as an advisor to the House committee examining the budget bill, he questioned the justification for the increase in the budget for the…

  • Tourism News

    Tourism authority predicts September revenue jump

    The Tourism Authority of Thailand is expecting tourism revenue in September to grow by 20% compared to the same month last year, after the government approved September 4 and 7 as compensation holidays for this year’s Songkran Festival, which was “postponed” due to the Covid-19 crisis. We’re assuming they mean domestic tourism because there sure aren’t many foreign tourists! The…

  • Covid-19 News

    Can air-con spread Covid-19?

    A research letter published by Guangzhou Centres for Disease Control in China looked at 10 coronavirus cases of 3 families who ate in adjacent tables at the same time. The study proposes that droplet transmission by the restaurant’s air conditioning system was increased. The initial patient arrived from Wuhan and dined at the restaurant with 3 family members. Two other…

  • Tourism News

    Thailand’s changing tourist demographic – the Indians

    Take a walk around the markets of Pratunam in downtown Bangkok and you’ll soon discover there’s a new type of tourist in town. For years, Thailand’s tourism scene was dominated by Chinese visitors, with 10.5 million in 2018 alone, accounting for about 28% of total foreign arrivals. It still is. But after the tour boat Phoenix, carrying mostly Chinese tourists, sank off…

  • Transport News

    Survey says: Thai taxi users disagree with fare hike

    “35% agree with the fare hike, reasoning that it could reduce the problem of taxi drivers refusing customers.” A Nida Poll reports that 81% of respondents are unhappy with the new taxi fares that will raise the immobile rate (sitting in the traffic) from 2 baht per minute to 3 baht per minute. The poll reveals the results of a…