Econ

The Joint Standing Committee on Commerce, Industry, and Banking (JSCCIB) on Wednesday pleaded with the Thai government to raise electricity bills, wages and interest rates gradually in order to mitigate the negative impact of the Covid-19 pandemic on businesses.

The baht opened at 36.72 to the US dollar on Wednesday, weakening from Tuesday’s close of 36.48.

The Cabinet on Tuesday gave the green light to the Electricity Generating Authority of Thailand (Egat) to boost its liquidity by borrowing 85 billion baht, as Egat has had to shoulder the burden of power tariff subsidies for maintaining the current power rates.

Labour Minister Suchart Chomklin on Monday met Thailand’s ambassador to Finland and sought his help in finding job opportunities for Thai workers in the northern European nation.

Labour Minister Suchart Chomklin said on Tuesday that he will ask the Cabinet to approve the new daily minimum wage rates next week so they can go into effect on October 1.

The baht opened at 36.51 to the US dollar on Tuesday, strengthening from Monday’s close of 36.56.

Minor Food’s 1112 Delivery app has launched a best-price guarantee to combat the cost-of-living crisis, forecasting a 30 per cent growth in sales.

Mobility data is a key secret to long-term recovery and boosting Thailand's tourism industry following the Covid-19 pandemic, says a joint research by DTAC, ONDE, Chula, and Boonmee Lab.

Tourism and Sports Minister Pipat Ratchakitprakan said on Monday that the Cabinet may be requested in October to approve collection of entry fees from foreign tourists, expected to be implemented early next year.

Udon Thani, Buri Ram and Krabi airports will be put under the jurisdiction of Airports of Thailand (AOT) from early next year, Transport Minister Saksayam Chidchob said on Monday.

The baht opened at 36.72 to the US dollar on Monday, strengthening from Friday’s close of 36.74.

The Business Development Department expects hotel booking and tour businesses to experience growth this year after suffering a massive drop in revenue for two years.

Thailand's National Innovation Agency (NIA) has set the goal of transforming the country into the world's Food Silicon Valley. It is part of the agency's policy to transform Thailand into an innovation-driven economy.