OECD members were supportive of Thailand’s bid for membership

Thailand’s application to begin accession process for a membership of Paris-based Organization for Economic Cooperation and Development (OECD) has received “general support” from the group’s members, according to a well-diplomatic…

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Thailand is joining OECD

Thailand has submitted a letter of intent to join the Paris-based Organization for Economic Cooperation and Development (OECD), according to a highly placed source. The Cabinet recently approved the letter…

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Experts say lowest ever PISA score is a wakeup call for Thailand’s failing education system

Thailand’s latest PISA scores are the lowest in more than two decades since the country joined the Program for International Student Assessment in the early 2000s. The poor performance offers…

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Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS/Agustin Marcarian/File Photo

Oil prices hit 7-year highs as tight supply bites

LONDON (Reuters) – Benchmark oil prices climbed to their highest level since 2014 on Tuesday as possible supply disruption after attacks in the Mideast Gulf added to an already tight…

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Pre-pandemic global employment levels not expected until 2023 – OECD

The world’s employment levels will not return to pre-COVID-19 levels until at least 2023, the Organisation for Co-operation and Economic Development (OECD) said on Wednesday (July 7) as it unveiled…

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A nurse prepares a syringe with a dose of the Pfizer-BioNTech COVID-19 vaccine at a vaccination center in Tlaquepaque, Mexico, on March 8, 2021. (Photo by ULISES RUIZ / AFP)

Vaccines, US stimulus boost global GDP forecast: OECD

The OECD sharply raised its 2021 global growth forecast on Tuesday as the deployment of vaccines and a huge US stimulus programme have greatly improved economic prospects. The Paris-based Organisation…

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Thai economy expected to contract in 2020, but will recover next year

The Organization for Economic Co-operation and Development, or OECD, has published its assessment of the Thai economy, saying that the pandemic has interrupted Thailand’s socioeconomic progress. In its recent 163-page…

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