Connect with us

Business

Thailand could Grow Faster with Better migration policies

World Bank report urges Thailand to revisit migrant worker policies to pursue to boost economic growth

Avatar

Published

on

Samut Sakhon One Stop Service

Thailand can strengthen its migration policies and systems to support sustained, innovation-driven growth, under its Thailand 4.0 strategy, experts concluded at a presentation of the recent World Bank report.

Thailand, Malaysia and Singapore combined are home to 6.5 million ASEAN migrants, or 96 percent of all migrants in ASEAN, and Thailand alone accounts for more than half of all ASEAN migrants. About half of Thailand’s migrants are from Myanmar and most of the rest hail from Lao PDR and Cambodia.

Strong, streamlined labor policies and systems to facilitate migration commensurate with labor needs, the increased use of data by decision makers, and lower costs for would-be migrant workers will be key to realizing the vision of Thailand 4.0.” said Ulrich Zachau, World Bank Director for Thailand

Jointly organized by the Ministry of Labor and the World Bank, and bringing together representatives from government, the private sector, development partners, think tanks, and civil society, the conference focused on the report’s lessons for Thailand.

Labor mobility in ASEAN brings benefits to the citizens of both receiving and sending countries. However, a migration system requires collaboration between not only sending and receiving countries but also stakeholders in order to bring about the greatest gains from labor migration,” said H.E. Police General Adul Sangsingkeo, Minister of Labor.

Migrants contribute significantly to Thailand’s economic development, according to the report.  They fill critical skills gaps in sectors and occupations where local Thai workers are not always available.

Conference participants noted that effective migration systems can play a critical role in knowledge-based economies, by attracting highly productive, formally employed workers. They can also help improve transparency and predictability, incorporate feedback from employers and other stakeholders, and adjust policies rapidly according to changes in the labor market.

Source : Migrating to Opportunity: Overcoming Barriers to Labor Mobility in Southeast Asia

Continue Reading
Advertisement Load WordPress Sites in as fast as 37ms!
Comments

Business

One million people register on first day of Chim-Shop-Chai program

10 million persons will be able to register themselves to receive a 1,000 baht allowance each in the government’s electronic money mobile application

Avatar

Published

on

A total of a million people have registered to join the government’s Chim-Shop-Chai (Taste-Shop-Spend) program, under which each of them will receive a 1,000 baht giveaway to be spent between September 27th and November 30th, on the first day.

(more…)

Continue Reading

Business

16 countries agree to conclude RCEP talks by end of this month

The final round of RCEP talks in Danang, Vietnam, is scheduled from September 19 to September 27 for senior officials to prepare various agenda pertaining to goods, services and investments

National News Bureau of Thailand

Published

on

BANGKOK, 9 September 2019(NNT)-The 51st ASEAN Economic Ministers Meeting has agreed that the final round of the Regional Comprehensive Economic Partnership (RCEP) talks in Vietnam should reach their conclusion by the end of this month.

(more…)

Continue Reading

Business

Thailand to Produce 2.5 Million Vehicles in 2030

Today there are about 15 million vehicles in Thailand and the Energy Ministry expects to see 1.2 million BEVs and plug-in hybrid electric vehicles within 2036.

Boris Sullivan

Published

on

The Thailand Automotive Institute expects the country will produce 2.5 million vehicles in 2030 and about 200,000 of them will be battery electric vehicles (BEVs).

(more…)

Continue Reading

Most Read

Upcoming Events

Mon 21

34th International Conference on Dental and Oral Health

October 21 @ 9:00 am - October 22 @ 5:00 pm BMT
Nov 06

2nd World Congress on Pediatrics and Child care

November 6 @ 8:00 am - November 7 @ 7:00 pm BMT
Radisson Hotel Narita
Tomisato-shi
Nov 07

3rd World Congress On Gynecology, Obstetrics & Reproductive Health

November 7 @ 9:00 am - November 8 @ 4:00 pm BMT

Press Release

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 11,595 other subscribers

Trending