National Economic and Social Development Council
- Business News
Thai labour market hits brakes as factories cut jobs amid car sales slump
The Thai labour market is in turmoil as major factories announce sweeping layoffs, with reports that Nissan plans to slash or relocate more than 1,000 workers. This news compounds an already grim employment landscape, as highlighted by the National Economic and Social Development Council (NESDC), which reported unemployment figures rising to 414,000 in the third quarter, up from 401,000 last…
- Economy News
Thailand economy gives a surprise ‘Thai’ five with Q3 growth leap
Thailand’s economy just delivered a surprise package of positive news! Official figures released today, November 18, reveal that the nation’s economic growth has leapt to a striking 3.0% increase in the third quarter compared to last year, leaving analyst predictions of 2.6% in the dust. In a stellar performance, Southeast Asia’s second-largest economy also recorded a seasonally adjusted growth of…
