Thai research body predicts a million jobless by year end if pandemic persists

Thailand’s economic think-tank, the Thailand Development Research Institute (TDRI), predicts that the number of unemployed in the kingdom will reach one million by the end of this year, if the…

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Women walk past a row of bank automatic teller machines in a commercial building in Bangkok on September 1, 2020. (Photo by Romeo GACAD / AFP)

Thailand’s household debt increased 3.9% to ฿14.02 trillion in Q4 of 2020 and will grow this year

Thailand’s household debt increased 3.9% to 14.02 trillion baht in the fourth quarter of last year, representing 89.3% of gross domestic product (GDP), said Mr. Danucha Pichayanan, secretary-general of the…

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(Photo by Handout / ROYAL THAI ARMY / AFP)

Hiring market optimistic after COVID-19 economic freeze in 2020

2020 has been an unprecedented year for every industry around the world, with over-stressed health systems and heighten economic stress, which makes the hiring market challenging, including in Thailand. The…

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