Thai consumer price index (CPI) falls for first time in two years

Thailand’s inflation rate has fallen for the first time in 25 months, due to lower energy and food prices.

Thailand’s inflation rate decreased for the first time in 25 months, primarily due to lower energy and food prices. The consumer price index fell by 0.31% in October compared to the previous year, below expectations. Despite the decrease in inflation, the Ministry still expects headline inflation to range between 1.0% to 1.7% for the year.

The consumer price index (CPI) decreased by 0.31% in October compared to the previous year, but the core CPI, which excludes volatile items, increased by 0.66%.

The core CPI, which excludes volatile items, increased by 0.66% in October.

Headline inflation has been below the central bank’s target for six consecutive months. The ministry predicts headline inflation to be between 1.0% and 1.7% for this year. The Bank of Thailand recently raised interest rates, expecting growth and …

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Senior Network Administrator – Harrow International School Bangkok

Purpose of job:

To maintain the computing environment by identifying network requirements; installing upgrades; monitoring network performance and to support the School’s academic programmes and administrative departments in ensuring that office equipment is working efficiently.  Taking responsibility to process all documents as directed by line manager.

Main Duties and Responsibilities:

Plan network and computing infrastructure development (lan and wireless) Install, configure and maintain all Network services and related computing environments including systems software, applications software, hardware, and configurations Support and maintain network infrastructure, anti-virus software, Google, O365 and other servers Assist the Director of ICTS to design the solutions to meet the current and future school needs Administrate all servers such as Active Directory, Database, Email, School MIS, Cloud system, Backup system and all academic software …
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Thai stock market hit a 10-year low

The Thai stock market has hit a 10-year low, prompting investment advisors to advise caution when adjusting portfolios.

Key TakeawaysThe Thai stock market has experienced a significant decline, reaching its lowest point in 10 years, partly due to concerns over international situations and bond yields.The increase in US bond yields, coupled with the Thai government’s digital wallet policy, has led to an oversupply of bonds and impacted the Thai stock market.Investors should remain cautious in the coming year, as the potential economic decline in the US and Europe may lead to an economic recession, while the return and recovery of China’s economy pose additional risks.

The market dropped below 1,400 points, close to the level recorded in 2013. The price-to-earnings ratio is considered moderate and tradable. The decline is attributed to concerns over the international situation and bond yields.

The Thai government’s digital wallet policy and increased borrowing have…

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Stop saying these 9 things in your interview

When preparing for an interview, it is important to choose your words carefully. There are certain words and phrases that should be avoided because they can downplay your abilities or come off as clichéd. For example, using words like “we” instead of “I” can make it difficult for the interviewer to assess your individual contribution. Words like “just” and “only” can undermine your accomplishments and skills. Additionally, overused words like “workaholic” and “perfectionist” may not be well received by the interviewer. Instead, use positive language, provide specific examples using the STAR method, and describe your actions and results to showcase your strengths and abilities.

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Revised growth outlook for 2023 lowered to 2.7% by Finance Ministry

The Ministry of Finance in Thailand has revised its economic growth forecast for 2023 to 2.7%, down from 3.5%, due to weaker exports and lower government consumption.

Key TakeawaysThe Ministry of Finance has lowered Thailand's economic growth forecast for 2023 to 2.7% due to weaker exports and lower government consumption.The Thai economy continues to depend on tourism and domestic consumption as exports remain weak.The ministry predicts a 1.8% contraction in exports this year, but expects a rebound with a 4.4% growth in exports in 2024.

However, they anticipate a higher growth rate of 3.2% for 2024, which does not yet include the impact of the government's planned 'digital wallet' handout scheme.

The Thai economy currently relies on tourism and domestic consumption as exports remain weak. Exports are projected to contract by 1.8% this year but are expected to rise by 4.4% in 2024.

The ministry also lowered the expected number of foreign tourists for this y…

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How to describe yourself in a job interview with confidence

You’re sitting in a job interview, discussing your work experience, and you’re feeling pretty good about it. That is, until they ask, “How would you describe yourself?”

It can cause you to freeze, your mind goes blank – what answer are they looking for? You might even start questioning whether you have any skills to bring to the job. But of course you do! And this is where being prepared can make a difference.

When addressing the question “How would you describe yourself?” – it’s the perfect time to tell them why you’d be a great fit for the role. This article will help you explore what this question really means and what to describe about yourself. 

When you’re asked how to describe yourself in an interview

Take the professional work-related aspect out of the equation for a minute: how would you describe your personality? This forms a good basis for where you can go with this question, and explore more a…

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SCB EIC sees little impact of Israeli-Palestinian war on the Thai economy

According to SCB EIC’s analysis, the current Israeli-Palestinian conflict is not expected to have a significant impact on the Thai economy in terms of tourism and merchandise exports.

Key Takeaways The global economy is experiencing a slowdown, led by a contraction in the service sector and a slower expansion in the manufacturing sector, with the US economy showing clear signs of slowing down in the fourth quarter. The global inflation rate is expected to accelerate in the coming years, with central banks in the US, Europe, and the UK keeping interest rates high until mid-2024 before gradually reducing them in the latter half of the year. Thailand’s economy is expected to recover through private consumption and the service sector, driven by an increase in international tourists from ASEAN, East Asia, and Europe, as well as a resurgence in Thai domestic tourism, while exports are also expected to rebound in the fourth quarter.

The global economy is currently experi…

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Sluggish Chinese tourists’ influx hurts Thailand economy

Chinese tourists are slow to return to Southeast Asian countries, despite efforts to attract them with visa-free travel.

Key Points Despite efforts to attract Chinese tourists, Southeast Asian nations are still experiencing a slow return of Chinese visitors, impacting their tourism-dependent economies. Chinese tourists who do visit are spending less and haggling for bigger discounts, affecting the earnings of hospitality businesses in the region. Companies in Southeast Asia are reassessing their expansion plans due to the lack of Chinese travelers, with some turning to India as an alternative market.

This is causing a decline in tourism-dependent economies and forcing businesses to reconsider their expansion plans. The number of Chinese visitors to countries like Thailand, Cambodia, and Vietnam has significantly decreased since before COVID-19.

Chinese tourists who do visit are more budget-conscious and are haggling for bigger discounts. The slow recovery i…

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New ‘Monopoly: Chiang Mai Edition’ board game now available

The Tourism Authority of Thailand has launched a new edition of Monopoly featuring Chiang Mai to promote tourism. The game showcases the city’s culture, landmarks, and activities.

TAT Launches ‘Monopoly: Chiang Mai Edition’

The Tourism Authority of Thailand (TAT) has recently unveiled the latest version of the popular family board game, ‘Monopoly: Chiang Mai Edition’. This special edition follows the success of the Monopoly: Phuket Edition and is created by Winning Moves UK in partnership with TAT. The game features more than 30 locations and activities in Chiang Mai, showcasing the rich tapestry of the city’s culture and landmarks.

Immerse in the World of Chiang Mai

With the official launch taking place at The Chiang Mai Old Town Hotel, the Monopoly: Chiang Mai Edition offers a fun and engaging way to explore the city. The game represents an enticing reason to visit Thailand and a unique souvenir for tourists. Through this partnership, TAT aims to drive travelers …

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