Thailand’s Unemployment Rate Lowest in 3 Years as Tourism Rebounds
Thailand’s unemployment rate dropped to 1.05%, its lowest in three years, as the country’s tourism industry rebounds.
Thailand’s unemployment rate dropped to 1.05%, its lowest in three years, as the country’s tourism industry rebounds.
Migrant worker operates an electric loom in a textile mill. ©ILO/Areeluck Phankhian via Flickr
Mr. Pairoj Chotikasathien, head of the Thai Labour Ministry’s employment department, shared that the Thai Cabinet has approved improved labor management measures to address the gap in migrant worker employment. These measures include (i) allowing documented workers to stay until February 2025; and (ii) allowing undocumented workers to register and work until the same date.
ADB supports Thailand in responding to the health, social, and economic impacts of the COVID-19 pandemic. In 2021, ADB provided $1.5 billion loan to help the country mitigate the negative economic impact of the pandemic.
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ADB’s $1.5 billion CARES Program for Thailand provides budget support for the government’s COVID-19 response.
The Asian Development Bank (ADB) and the Government of Thailand held the first Policy Platform meeting as part of the Thailand: COVID-19 Active Response and Expenditure Support (CARES) program on 9 August. The meeting was led by Mr. Arkhom Termpittayapaisith, Finance Minister of the Government of Thailand and Asian Development Bank (ADB) Governor, and Mr. Ahmed M. Saeed, Vice-President (Operations 2), ADB.
Meeting photo via Khmer Times
The 11th Mekong-Ganga Cooperation (MGC) Foreign Ministers’ Meeting was held on 21 July 2021, co-chaired by Mr. Prak Sokhonn, Cambodia Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation, and Dr. Subrahmanyam Jaishankar, India Minister of External Affairs. The meeting noted the progress in the MGC Plan of Action 2019-2022 implementation.
Meeting photo via Viet Nam Plus
The second Mekong-U.S. Partnership Ministerial Meeting held on 2 August 2021 unveiled four flagship projects under the Mekong-U.S. Partnership, and noted the 8.5 million vaccine doses and over $58 million in U.S. COVID-19 assistance to the Mekong subregion countries.
Capacity development in the area of human resource management is greatly needed in the Lao PDR’s health sector. At the Ministry of Health, strengthening the staff’s capacity for reliable planning of prevention, treatment, and managing statistical systems has contributed positively to the well-being of employees—as well as health system beneficiaries, who received better services.
This publication provides an analysis of key challenges and opportunities for the Greater Mekong Subregion (GMS) to realize its development goals by 2030 and beyond.