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15
Latest carmaker to scale back its EV ambitions amid slowing sales
One month does not a summer make. One country does not a global market make. All major companies are scaling back their EV plans. Why, is it because the market is accelerating so much? No it is because it is dying on its feet and sellers can't get rid of used cars....no one wants them. -
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THAILAND LIVE Thailand Live Monday 9 September 2024
Labour Minister Stands Firm on 400 Baht Wage Rise Despite Concerns File photo for reference only In a decisive move, Labour Minister Phiphat Ratchakitprakarn confirmed that the nationwide minimum wage will be raised to 400 baht on October 1, amid growing concerns from businesses about potential economic impact. Following extensive discussions and a study by the Ministry of Labour, the decision aims to navigate Thailand’s slowing economy with a focus on analytical backing. Full Story: https://aseannow.com/topic/1337740-labour-minister-stands-firm-on-400-baht-wage-rise-despite-concerns/ -
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Labour Minister Stands Firm on 400 Baht Wage Rise Despite Concerns
In a decisive move, Labour Minister Phiphat Ratchakitprakarn confirmed that the nationwide minimum wage will be raised to 400 baht on October 1, amid growing concerns from businesses about potential economic impact. Following extensive discussions and a study by the Ministry of Labour, the decision aims to navigate Thailand’s slowing economy with a focus on analytical backing. Substantial compensatory measures have been outlined to support businesses, particularly those with over 200 employees, which represent a significant portion of the workforce. The Social Security Office (SSO) will extend a 1% discount on contributions to the Social Security Fund (SSF) until September next year to offset the financial burden. Smaller enterprises, typically with under 200 employees, are exempt from this wage increase. The ministry intends to lean on historical strategies, reflecting measures from 2012, to assist these SMEs until economic recovery strengthens. Adding to the conversation, Sanga Ruangwattanakul, President of the Khao San Road Business Association, expressed worries about potential negative effects such as employment slowdowns and rising costs, urging the government for tax relief and long-term employment solutions. As the new wage policy edges closer to implementation, its balanced execution remains crucial in mitigating business impact while supporting worker welfare. File photo for reference only -- 2024-09-09 Get the ASEAN NOW daily NEWSLETTER - Click HERE to subscribe -
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Do You Believe: Next year, and the next, will be HOTTER than 2024?
So buying an EV and putting solar on your house were purely financial decisions. -
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Latest carmaker to scale back its EV ambitions amid slowing sales
Funny, I don't know anyone who has one. Maybe our generally older age group is more cautious...late adopters. -
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THAILAND LIVE Thailand Live Monday 9 September 2024
Thailand Accelerates 145 Billion Baht Digital Wallet Payout File photo for reference only Thailand plans to fast-track the distribution of 145 billion baht from its "digital wallet" programme, according to Deputy Finance Minister Julapun Amornvivat. Originally slated for the year's end, the initiative aims to provide immediate economic relief to vulnerable groups amid a sluggish economic recovery. Full Story: https://aseannow.com/topic/1337739-thailand-accelerates-145-billion-baht-digital-wallet-payout/ -
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What was your job (profession) when you moved to Thailand
I watched a three part documentary a couple of weeks back on the John Duffy railway rapist(s) murders. His partner in crime, David Mulcahy thought that he had got away with the heinous crimes for well over a decade. Did you ever have any dealings with Colin Sutton who was instrumental in catching Levi Bellfield and 'The Night Stalker' - Delroy Grant? Your career must have been both fascinating and very rewarding. I would echo GG's sentiment and thank you for your service. -
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Thailand Accelerates 145 Billion Baht Digital Wallet Payout
Thailand plans to fast-track the distribution of 145 billion baht from its "digital wallet" programme, according to Deputy Finance Minister Julapun Amornvivat. Originally slated for the year's end, the initiative aims to provide immediate economic relief to vulnerable groups amid a sluggish economic recovery. Julapun's announcement came during a budget debate in the senate, where he emphasised the urgency of short-term economic stimulation. The government has allocated a total of 450 billion baht for this major handout scheme, intending to transfer 10,000 baht to 50 million Thais for spending in their local communities. The digital wallet project, a centrepiece of Thailand's economic strategy, is particularly crucial given the nation's recent political upheaval. Last month's unexpected removal of Srettha Thavisin as premier raised doubts about the timeline for such stimulus measures. His successor, Paetongtarn Shinawatra, has signalled a policy shift to include cash disbursements, reflecting a flexible approach to the country's immediate needs. So far, 32 million people have registered for the programme. However, the scheme's effectiveness faces challenges, as funds were initially meant to be distributed via smartphone applications, excluding some without access to such technology. It's still unclear whether the first batch of payments, expected later in September and sourced from the 2024 budget and alternative funds, will be delivered in cash. Economists, including former central bank governors, have criticised the handout as fiscally unsound. Nonetheless, the government defends the programme as essential for revitalising Thailand's economy, which saw only 2.3% growth in the second quarter and is expected to grow a mere 2.6% this year. Paetongtarn has reiterated her commitment to immediate economic stimulation, aligning with her predecessor's policy goals. Her new government issued a policy statement over the weekend, set for parliamentary presentation this week. As Thailand navigates its economic and political landscape, the swift implementation of the digital wallet scheme stands as a critical measure to bolster domestic activity and support its citizens. File photo for reference only -- 2024-09-09 Get the ASEAN NOW daily NEWSLETTER - Click HERE to subscribe -
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What was your job (profession) when you moved to Thailand
When I started teaching in Burma around 2012, I found that the best hotel in Yangon (Trader's Hotel), was fully booked up by staff from Oxfam, Save The Children etc,who would occasionally pop out in their brand new, 4-wheel drive off-road landrovers to visit the local markets. In disgust, and unwilling to donate any money to them I established my own (miniscule) educational charity in Burma, where every penny/cent/yen etc is used for the benefit of young students).- 1
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Trump threatens to prosecute those he claimed ‘cheated’ in election if he wins in November
Link or delete. Forum rules. -
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Thai man condemned for using free cafe WiFi to watch porn - video
I accept he was probably looking at something to do with women, but was it porn? These silly days even Playboy centerfolds were classified as "porn" by the wokistas. Porn is actually banned in Thailand, so it could just have been a bit of erotica, and the easily offended assumed it was porn- if he had a pillow on his lap it might help their case, but if not, likely they are talking rubbish. -
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Former US Soldier, 82, Assaulted by Drunk Thai Man in Pattaya Park
I hope I will be jogging at 82, I do have some heathy habits and rarely touch a drink. But I'm not a shirtless guy. -
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I'm cheating on my wife and I can't help it.
Personally I too and fed up with AN and might join Bob in leaving, I know I won't be missed, so look out for another troll. -
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Trump, Harris Neck and Neck in NYT Poll
He won the coin toss so has the last 2 minutes to highlight the Biden and Harris failings. That is key.
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