The special committee responsible for reviewing the 2025 annual budget has decided to temporarily suspend the 152.7 billion baht budget allocated for the digital wallet stipend program. This decision comes as part of a thorough review process to ensure that the budget is being used effectively and efficiently. The committee is taking this step to further assess the impact and feasibility of the digital wallet program on the overall budget.

The suspension of the budget for the digital wallet stipend program was announced as part of the committee’s efforts to carefully examine all aspects of the budget before finalizing any decisions. This move demonstrates the committee’s commitment to responsible budget management and oversight. By temporarily halting the budget for the digital wallet program, the committee aims to ensure that taxpayer funds are being utilized in the most beneficial way possible.

The article on the suspension of the digital wallet budget for further review highlights the importance of thorough budget analysis and decision-making processes. The committee’s actions reflect a dedication to transparency and accountability in budget management. This development underscores the need for careful consideration and evaluation when allocating funds for government programs.

Source link : Committee Suspends Digital Wallet Budget for Further Review

Thailand’s rice exports saw a significant increase of 16.5% to 4.06 million tonnes in the first five months of the year. However, there are concerns that exports may drop in the third quarter due to higher prices compared to competitors such as India, Vietnam, and Pakistan. Despite this, major markets for Thai rice include Indonesia, Iraq, and the US, contributing to the overall growth in exports.

The surge in rice exports from Thailand is a positive sign for the country’s economy, but challenges lie ahead as competition intensifies with other rice-producing nations offering more competitive prices. With a drop expected in the third quarter, Thailand will need to strategize to maintain its market share and continue to expand its presence in key markets such as Indonesia, Iraq, and the US to sustain growth in rice exports.

Overall, the increase in rice exports from Thailand is a promising development, showcasing the country’s competitiveness in the global market. While challenges like higher prices compared to competitors exist, Thailand’s rice industry remains resilient and continues to thrive. By focusing on strategic market expansion and pricing strategies, Thailand can navigate through the tough competition and sustain its growth in rice exports.

Source link : Thai Rice exports surge 16.5% year-on-year from January to May

Xi Jinping’s leadership in China has been marked by skepticism of market forces and a strong focus on national security. While this may be aimed at protecting the country’s interests, it is also hindering economic flexibility and stifling entrepreneurial innovation. Xi’s approach seems to prioritize stability and control over economic growth and dynamism, which could limit China’s ability to adapt to changing global economic trends.

During Xi Jinping’s tenure, China has faced numerous economic challenges due to his cautious approach towards market reforms and emphasis on state control. This has led to concerns about the country’s ability to keep up with technological advancements and global competition. The lack of flexibility in the economy could potentially hamper China’s growth and innovation in the long run, as entrepreneurial ventures struggle to thrive under strict government regulations.

As China grapples with economic challenges under Xi Jinping’s leadership, there is a growing need for a more balanced approach that allows for both national security concerns and economic innovation to coexist. Finding a middle ground between state control and market forces could be crucial for China’s long-term economic success. Adaptability and openness to change will be essential for the country to navigate the complex and rapidly evolving global economic landscape.

Source link : China’s Economic Challenges During Xi Jinping’s Tenure

Despite the perceived low risk of artificial intelligence (AI) replacing human jobs in Thailand, a survey by Microsoft and LinkedIn revealed that 74% of Thai business leaders would not hire candidates who lack AI skills. This indicates a growing demand for individuals with expertise in AI as businesses look to stay competitive in the digital age.

The study suggests that while AI is expected to have a limited impact on employment in Thailand, there is still a significant emphasis on acquiring AI skills to meet the evolving needs of the job market. Businesses are recognizing the importance of incorporating AI technology into their operations, leading to a greater demand for skilled professionals who can leverage AI to drive innovation and growth.

Overall, the findings highlight the growing importance of AI skills in the Thai job market, with a majority of business leaders prioritizing candidates with expertise in AI. As businesses continue to adopt AI technology to enhance their operations, individuals with AI skills will have a competitive advantage in securing employment opportunities and contributing to the ongoing digital transformation of the workforce.

Source link : AI expected to have a limited impact on Thai employment