BANGKOK, 20th July 2019 (NNT) – Four challenging issues have been raised by the private sector with the new government through Deputy Prime Minister Somkid Jatusripitak, who has accepted the proposals and may set up an economics’ cabinet.
During a meeting with the deputy premier in charge of economic affairs, Federation of Thai Industries President Suphan Mongkolsuthi proposed guidelines for the handling of economic problems, involving the consumers’ purchasing power, the lower prices of farm goods, declines in the export industry and the flow-on effects of the international trade war.
The 400-baht daily minimum wage issue
The proposed measures include the setting up of a fund for innovation, the continuation of joint public-private committee meetings, the ease of doing business and waiving of unnecessary laws and the setting up of an economics cabinet.
The 400-baht daily minimum wage issue wasn’t raised during the meeting, but the Federation of Thai Industries president said he would consult with the Labor Minister about it in due course.
Mr Somkid confirmed that he will consult with the premier about the proposed setting up of the economics cabinet.
At an initial stage, the premier may chair the proposed economics cabinet which wouldn’t convene on a weekly basis. The economics cabinet may only convene when a special issue arises.
The economics cabinet would give assurances to the private sector and help steer the national economy. Meanwhile, the 400-baht minimum wage will be considered by the Tripartite Wage Committee.
The deputy premier said an increase in the minimum wage will depend on various factors, such as the development of the skills of workers. He gave an assurance that the issue will be handled positively.
Thai authorities promptly investigating bombing motives
Police have arrested two more Bangkok bombing suspects, believing that at least 15 people are involved in bombing incidents in the capital last Friday (August 2nd).
BANGKOK, 6th August 2019 (NNT) – A number of reports claim that the recent Bangkok bombings are thought to have been perpetrated by the government, prompting Prime Minister Gen Prayut Chan-o-cha to categorically deny such allegations.(more…)
Thai democracy commented at ASEAN Foreign Ministers’ Meeting
Thailand’s Minister of Foreign Affairs reassured other countries that Thailand has always been democratic, with the general election and recent formation of a coalition government as proof, as well as the declaration of the government’s policy statement to the parliament.
BANGKOK, 4th August 2019 (NNT) – The Minister of Foreign Affairs has commented that the ASEAN Foreign Ministers’ Meeting in Thailand had concluded well, while he reassured other countries that Thailand has always been democratic.(more…)
Thai cabinet approves 3.2 trillion baht budget for 2020
The money required will come in part from 2.73 trillion baht in total exchequer revenues, thus incurring 469 billion baht in budget deficit.
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