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August, 29, 2016

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Business > Asia > Thailand
Thailand's premier Tuesday reversed a decision to cut the price it gives farmers for rice, a fortnight after stoking anger from its rural heartlands by announcing a 20-percent reduction in the fee.
 
The GE Foundation, philanthropic organization of U.S. conglomerate GE, last year invested more than US$200 million in global community and education needs.
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The unemployment rate fell to 4.06 percent in May, down 0.01 percent from April and down 0.06 percent from the same time last year, according to a report released yesterday by the Directorate General of Budget, Accounting and Statistics (DGBAS, 主計處).
 
Steel girders jut from the low skyline of the Thai city of Udon Thani near the Laos border as workers lay cement for a new shopping mall, one of many illustrating a boom in the Thai economy beyond the bright lights of Bangkok.
 
Thai economy contracts in first quarter
Thailand's economy shrank 2.2 percent in the three months to March from the previous quarter -- the first contraction in more than a year -- as manufacturing output fell, official data showed Monday.
 
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