Fri, 05 Oct 2018 01:00
BOT forces rethink by developers
THE BANK of Thailand’s (BOT) tightening policies that make it harder for many home-seekers to gain mortgages will force property companies to shift their business focus from catering to middle-income earners to those in the upper brackets, developers say.
Tue, 11 Sep 2018 01:00
How to escape the middle-income trap
Eight years ago, the University of the Philippines and the Erasmus University of Rotterdam started a joint research project on the question why the “middle-income trap” applies well to the Philippines.
Mon, 06 Aug 2018 01:00
Thai SMEs woo Indian palate in Mumbai
Thai small and medium enterprises (SMEs) are aiming to enter the food market in Mumbai where the middle-income segment is growing fast along with the fast-rising Indian economy. But pricing of products is proving the most challenging.
Wed, 14 Feb 2018 01:00
Build an army of Thai robots to break out of middle-income trap
Re: “Carer robot wired to succeed after Japan market breakthrough”, Corporate, January 27, and “Into the loving arms of robots”, Opinion, January 28.
Tue, 30 Jan 2018 01:00
How to beat the middle-income trap
According to the World Bank, high-income economies (with per capita gross national income of at least $12,236, or Bt384,570) include the United States, Western Europe and Japan, while upper middle-income economies (per capita gross national income between $3,956 and $12,235) include Turkey, Russia, Brazil and China.
Fri, 19 Jan 2018 01:00
13m need training for economic upgrade, experts say
THAILAND NEEDS to turn 13 million people into skilled workers in order to upgrade the economy and escape the middle-income trap, said local and international economists.
Sat, 16 Dec 2017 01:00
Coding in schools essential for Thailand to realise 4.0 ambitions
The ambitions of Thailand 4.0 to escape the middle-income trap and become an innovation-driven economy are commendable.
Wed, 11 Oct 2017 01:00
Thailand lacks an incentive to escape middle-income trap
Re: “Goal is to become a ‘developed’ country within 20 years”, The Nation, yesterday.
Sun, 03 Sep 2017 01:00
Hydro plants power Laos into middle-income status
THE LAOS government is leveraging its rich hydropower resources in a bid to lift the country out of lower-middle income status by 2020.
Thu, 31 Aug 2017 01:00
Why Thailand 4.0 will not join the ranks of South Korea, Taiwan
Everyone repeats the “4.0 economy” mantra as if repetition will mobilise Thailand from middle-income doldrums to developed dynamism. Ministries are conjured, regulations rolled out, policies promulgated, funds found. To what end?
Mon, 26 Jun 2017 01:00
Smart cities and digital innovation with help from China
Chinese investors are taking a keen interest in Thailand’s smart-city initiatives and digital-innovation parks, part of our government’s Thailand 4.0 policy to use new technologies and industries to pull the country out of the middle-income trap.
Sat, 27 May 2017 01:00
Tourism industry needs to adapt quickly to ‘Thailand 4.0’, TAT says
AS THE GOVERNMENT plans to use its “Thailand 4.0” policy to escape from a middle-income gap and make the nation a high-income country, one of the key economic drivers – tourism – needs to accelerate its strategy to cope with the change, the Tourism Authority of Thailand (TAT) says.
Fri, 26 May 2017 01:00
Can Asia take the next step to high income?
Today, more than 95 per cent of Asians live in middle-income economies, compared to less than 10 per cent in the early 1990s. This remarkable shift was driven by rapid economic growth, especially in China, India, and Indonesia.
Wed, 17 May 2017 01:00
GHB latest to offer rate cuts in economy push
GOVERNMENT Housing Bank (GHB) plans to offer cheaper home loans for middle-income earners, chiming in with moves by the major commercial banks to heed a government call for reduced lending rates for small and medium-sized enterprises (SMEs) and retail borrowers in a bid to boost the economy.
Fri, 21 Apr 2017 01:00
Effective education key to escaping middle income trap, ADB says
THAILAND faces more challenges as it strives to improve the economy and people’s incomes for the long term as it struggles to move up from being a middle-income country, the Asian Development Bank says.