Mice market sees promising second half

The Mice (meetings, incentives, conventions and exhibitions) segment has started to see busy schedules from international events in the second half as full reopening creates momentum for a gradual recovery. Source: Business

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Court dismisses BTSC's petition on Orange Line

The Central Administrative Court has dismissed a petition filed by Bangkok Mass Transit System Plc (BTSC) seeking an injunction to suspend the current round of bidding for the right to jointly invest in Orange Line’s western extension project. Source: Business

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EconThai calls for wage hike to be based on inflation rate

The Employers’ Confederation of Thai Trade and Industry (EconThai) is urging the government to base the daily minimum wage calculation on inflation, not politically-motivated factors, as the Labour Ministry plans to enforce the new wage hike in October, which is sooner than originally anticipated. Source: Business

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Mother's Day to see 9% rise in spending

Spending on Mother’s Day is expected to increase by 9% this year to 10.8 billion baht, the highest level since 2012, as consumers feel less concerned about the Omicron variant of Covid-19, reflecting the start of the country’s tepid economic recovery, according to the University of the Thai Chamber of …

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S&P bakeries install robots as costs soar

SET-listed S&P Syndicate Plc, the operator of the S&P bakery and restaurant chain, is to adapt its business operation to cope with high operational costs, with the launch of various tools such as work automation in the second half of this year. Source: Business

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MPC expected to raise interest rate Wednesday

The Monetary Policy Committee (MPC) is expected to raise the policy interest rate for the first time in two years by 0.25% on Wednesday to 0.75%, as inflation soared above 7% in the last two months, bringing an end to a low-interest era, analysts say. Source: Business

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