A Thai academic says the nation needs to attract skilled foreign workers to work in the country, especially in the industrial technology sector, to overcome a shortage of skilled-workers.
In a seminar held by the Institute for Population and Social Research of Mahidol University, a university researcher, Ms. Sureeporn Phanpueng , revealed that Thailand needs around 2.3 million more skilled employees to work in innovative and technological industries, robotics, and the health and food industries.
The event was attended by academics and those from related fields. Ms. Sureeporn proposed that the government solve the problem by offering work visas to skilled foreign workers who take up positions in Thailand and by creating an attractive living environment for them.
She also wants the government to promote the transfer of technological know-how between foreign experts and Thai workers, as well as international education in Thailand.
The government is now accepting four-year visa-free grants and free work permits under the “Smart Visa” programme which is targeting industry experts and foreign technology investors.
Thailand’s Smart Visa Requirements Made Easier
The Thai government has improved requirements and conditions for the Smart Visa in order to provide greater convenience for foreign investors and experts
For example, the government has changed the income condition for highly-skilled experts and senior executives from a monthly salary of no less than 200,000 baht to a monthly income that also covers bonuses and other incomes.
The minimum monthly income for highly-skilled experts has also been changed to 100,000 baht and to 50,000 baht for experts in startups and retired experts. The adjustments are aimed at increasing the country’s competitiveness and ability to attract more specialists.
Similarly, the government has improved various conditions in increasing access to capital for startups and strengthening venture capitalists. For example, investments can now be made through venture capital companies.
For the Thailand 4.0 policy to effectively push for digital transformation, Thai manufacturers will need to first improve the skills of their workforce,” said Karel Eloot, senior partner of McKinsey & Company, during an exclusive interview with The Nation.
The Thailand 4.0 policy is intended to modernise the Thai economy by promoting technologically driven industries. The development of the EEC region is a materialisation of the Thailand 4.0 policy where the government aims to turn the three provinces of Chon Buri, Chachoengsao and Rayong into special economic zones.
“Reskilling will be needed for the existing workers. We have identified up to 7 million employees in Thailand who will need to be reskilled in order for companies to digitally transform,” he said.
The reskilling is needed because digital transformation will mean new roles and jobs will be created while old ones will be made obsolete, Eloot explained.
Bangkok closes all schools due to severe air pollution conditions
The whole of Bangkok and its vicinity were found to contain excessive amounts of PM2.5 dust this morning, measured at between 55-90 microns, according to the Pollution Control Department.
Level Up Your Experience with CompTIA Security+ Certification
Over the past 15 years, cybersecurity has been the talk of many IT experts. From small businesses to government agencies, these organisations are vulnerable to cyberattacks by using high-tech devices.
Subscribe via Email
Thai Government Plans to Increase 2022 Investment Budget by 90 Billion baht ($2.84 bln)
According to the 2022 fiscal budget bill, which has public spending set at 3.1 trillion baht, accounting for 17.9% of...
Fitch Affirms Thailand’s rating at ‘BBB+’ with a Stable Outlook
Fitch forecasts Thailand's tourism-dependent economy will recover only modestly, by 1.8% in 2021 after a sharp 6.1% contraction in 2020.
One-stop SME information portal connecting ASEAN businesses and beyond
The ASEAN Access is a flagship initiative of the ACCMSME, spearheaded by the OSMEP, Thailand and supported by the Federal...
Novo Nordisk certified as one of the Best Places to Work in Thailand
Novo Nordisk Thailand certified as one of the Best Places to Work. An exclusive interview with John Dawber, Vice President...
ASEAN and EU conclude the world’s first bloc-to-bloc Air Transport Agreement
The AE CATA is the world’s first bloc-to-bloc air transport agreement and will bolster connectivity and economic development among the...