KASIKORN Research Centre’s analysis estimates that the economic impact of floods arising from continuous rainfall from Friday to Sunday (Sep. 25-27) is approximately 7–17 billion baht while risks associated with natural disasters and extreme weather, which are becoming increasingly frequent and severe, pose a significant structural challenge to the Thai economy, Naewna newspaper said
Tag: cost
Is the minimum wage enough to cover the cost of living in Bangkok?
ALTHOUGH the minimum wage in Bangkok was increased to 400 baht a day in July this year, the metropolis is very expensive with the cost of living seen to be higher than this for many workers, Thai Rath newspaper said today (Nov. 17). While it is a city full of opportunities, income streams, and
Read moreAirlines count cost of UK traffic control failure
By AFP and published by CNA London – The worst disruption to UK air traffic control in almost a decade following a technical fault risks costing carriers around £100 million (around 4.45 billion baht), the head of global airline body IATA estimated today (Aug. 30). Passengers continued to be affected by cancelled flights owing
Read more5 groups rally at Govt House over rising cost of living
FIVE activist groups held a demonstration in front of the Government House today (Jan.18) calling for urgent measures to resolve the rising cost of living, Matichon newspaper said. The five groups, Labour Network for People’s Rights, 24 June Democracy Group, New Generation Network in Nonthaburi, administrative and student organisations of Kasetsart University and Thalu
Read moreWorld shipping costs to rocket by 300%
SINGAPORE — A critical shortage of containers is driving up shipping costs and delays for goods purchased from China. The pandemic and uneven global economic recovery has led to this problem cropping up in Asia, although other parts of the world have also been hit. Industry watchers said desperate companies wait weeks for containers and
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