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East Asia Forum
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Under the new law employers can be fined a maximum of 800,000 baht (US$23,800) for each undocumented migrant, while workers can be jailed for up to 5 years.
In 1996, Southeast Asia was celebrating its ‘economic miracle’ as the World Bank lauded the region’s spectacular growth.
Since the military coup in 2014, Thai foreign policy has moved closer towards Beijing at the expense of its longstanding ties with Washington.
The United States and China view trade agreements like the TPP, RCEP and FTAAP as ways to limit each other’s ability to compete in their respective areas of interest. China, as a growing economic power, has an interest in leading the East Asian institutional architecture and needs to ensure that neither the United States nor Japan will dominate the region.
TMB Analytics forecasts that the country’s economy will grow by 3.5 percent in 2017, as risks remain in the global economy.
Thailand's industry confidence index continued to decline in August for eight consecutive months as investors remained worry of the sluggish economy.
With the ASEAN Economic Community AEC on the horizon, Thailand and Lao PDR have jointly opened a new bus route, linking both countries.The two countries have already opened four bridges along their transportation routes.
Altogether, a total of 61 Thai tourism industry products were listed in the poll rankings, some in the top ten and others in the top 25. The list was led by Phuket, which was ranked the second-best holiday destination in Asia. Bangkok ranked 4th best city for business and fifth in the top ten holiday destinations in Asia.