Economic news

Thailand needs 500,000 more migrant workers for recovery – Chamber of Commerce

2022.07.12 11:46

Thailand needs 500,000 more migrant workers for recovery - Chamber of Commerce

Budrigannews.com – Thailand is short more than half a million migrant workers, the country’s Chamber of Commerce said on Tuesday, as Southeast Asia’s second-largest economy struggles with a slow post-pandemic recovery.

Demand for workers is high in labour-intensive sectors including agricultural goods and food processing for exports, construction, and tourism and services, Poj Aramwattananont, vice chairman of the Thai Chamber of Commerce, told a news conference.

“Today, workers are a big issue for driving the economy,” he said, adding the country would need a total of at least 3 to 4 million migrant workers to get the economy moving forward.

Barriers to recruiting migrant workers include problems in their home countries such as civil unrest in Myanmar, and competition for workers from other countries like Japan and China, Poj said.

At present, there are about 2.5 million documented migrant workers from Laos, Cambodia, and Myanmar, Pairoj Chotikasathien, head of the Labour Ministry’s employment department, told the conference.

In a bid to ease the shortage, the cabinet last week approved labour management plans including allowing documented workers to stay until February 2025, he said.

Thailand will also allow illegal workers, this time including those from Vietnam, to be registered and work until February 2025, Pairoj said.

With the improved labour plans and arrival of more workers, Thailand may see nearly 3 million migrant workers at the end of the year, he said.

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 67,567.10 0.34%
ethereum
Ethereum (ETH) $ 2,627.76 0.77%
tether
Tether (USDT) $ 1.00 0.07%
bnb
BNB (BNB) $ 594.40 0.20%
solana
Solana (SOL) $ 152.99 1.57%
usd-coin
USDC (USDC) $ 1.00 0.04%
xrp
XRP (XRP) $ 0.553942 1.07%
staked-ether
Lido Staked Ether (STETH) $ 2,626.26 0.78%
dogecoin
Dogecoin (DOGE) $ 0.122526 2.88%
tron
TRON (TRX) $ 0.160125 0.33%
the-open-network
Toncoin (TON) $ 5.21 0.76%
cardano
Cardano (ADA) $ 0.349046 1.46%
avalanche-2
Avalanche (AVAX) $ 27.79 1.08%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,102.62 0.55%
shiba-inu
Shiba Inu (SHIB) $ 0.000018 3.41%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 67,480.08 0.40%
weth
WETH (WETH) $ 2,627.03 0.65%
bitcoin-cash
Bitcoin Cash (BCH) $ 369.63 0.72%
chainlink
Chainlink (LINK) $ 11.11 0.36%
polkadot
Polkadot (DOT) $ 4.24 2.01%
dai
Dai (DAI) $ 1.00 0.04%
near
NEAR Protocol (NEAR) $ 4.80 2.38%
sui
Sui (SUI) $ 2.07 4.15%
leo-token
LEO Token (LEO) $ 6.04 0.89%
uniswap
Uniswap (UNI) $ 7.42 2.43%
litecoin
Litecoin (LTC) $ 72.25 3.15%
aptos
Aptos (APT) $ 10.08 3.06%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,758.39 0.71%
bittensor
Bittensor (TAO) $ 586.87 1.65%
pepe
Pepe (PEPE) $ 0.00001 2.17%
internet-computer
Internet Computer (ICP) $ 7.74 2.60%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.40 2.01%
kaspa
Kaspa (KAS) $ 0.123715 6.89%
monero
Monero (XMR) $ 156.41 0.69%
blockstack
Stacks (STX) $ 1.90 2.31%
ethereum-classic
Ethereum Classic (ETC) $ 19.04 1.73%
first-digital-usd
First Digital USD (FDUSD) $ 1.00 0.71%
stellar
Stellar (XLM) $ 0.095278 1.14%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.367541 0.57%
dogwifcoin
dogwifhat (WIF) $ 2.59 2.11%
immutable-x
Immutable (IMX) $ 1.51 0.50%
okb
OKB (OKB) $ 40.97 0.60%
ethena-usde
Ethena USDe (USDE) $ 0.999797 0.03%
whitebit
WhiteBIT Coin (WBT) $ 16.75 2.28%
aave
Aave (AAVE) $ 156.15 0.28%
filecoin
Filecoin (FIL) $ 3.70 0.41%
injective-protocol
Injective (INJ) $ 22.02 5.88%
optimism
Optimism (OP) $ 1.71 0.53%
crypto-com-chain
Cronos (CRO) $ 0.078631 0.98%
mantle
Mantle (MNT) $ 0.622471 1.26%