• Wed, 26 Dec 2018 01:00
    Govt urged to focus on boosting vocational education
    UPGRADING VOCATIONAL education will be the key to boosting the country’s competitiveness and helping it step out of the middle-income trap, the Future Innovative Thailand Institute (FIT) has advised.
  • 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.
    Real Estate
  • 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.
    your say
  • 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.
    your say
  • 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.
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