US-China trade war may benefit Thailand long term

KIRIDA BHAOPICHITR PUNPREECHA BHUTHONG KITTIPHAT BUAUBOL As a small, open economy, Thailand stands to be affected by global economic developments. The recovery of the US economy, with higher interest rates and bond yield rates, has an impact on capital flows and the Thai baht exchange rate. The rise in global oil prices from geopolitical tensions […]

Warnings against next-generation shift

The Thailand Development Research Institute (TDRI) is warning auto parts supply chain players to prepare for the transition to next-generation cars, saying some components will no longer be necessary for electric vehicles (EVs). Exhaust pipes and engines; for example, are installed in cars with internal combustion engines but are not needed in EVs. Research director […]

World Bank urges risk board

Pathom Sangwongwanich Country hindered by informal sector Thailand’s large informal sector is obstructing employees’ social safety and public services, says the World Bank, which suggests a formalisation process as a solution. Norman Loayza, a World Bank economist and lead author of the bank’s “World Development Report 2014”, said Thailand was hampered by a large informal […]