Underemployment: Overall, Thailand’s unemployment rate rose to 1.0 percent of the 37.7 million total workforce in 2017, from 0.8 percent in 2016, according to the National Statistical Office. Compared to other
increasing of cost of raw material that used for production and the higher of direct labour cost. The net profit rate from financial statement was decreased from 6.1 percent in 2017 to 5.2 percent in 2018 due
Operations Cost of hospital operations in 2Q’19 increased by 10% yoy. in line with the increase of income despite extra cost recorded in 2Q’19. Due to the new labour law which was effective in May 2019, the
according to accounting standard and employee expense from legal severance pay rates for retirement according to the draft of a new Labour Protection Act. Financial cost amounted to Baht 1,857 Million
25.04 million baht as a result of : Recognize additional compensation cost incurred by revaluation of employee benefit in accordance to Labour Protection Act (No.7) 2019 Recognize more administrative
Magic, specialist engineers, structural engineers and contractor. The fee is based on the appropriateness of the cost of machinery, labour, and special techniques required to complete the designed
and Employee benefit according to the amendment of Labour Protection Act. Financial Costs (interest expenses) The financial costs increased by 200.0% from the six months ended June 30, 2018 to THB 205.5
20 million mainly due to one off provision for employee retirement benefit as per new announcement of Labour Protection Act in last year quarter. • Financial costs The financial costs for the 2nd
exchange gain. 3.6 In the second quarter of 2019, the law, officially called the Labour Protection Act., has increased the severance pay from 300 days to 400 days for workers serving over 20 years. Such
expenses of Baht 92 million, primarily due to a one-time additional provision of retirement benefit obligations according to Labour Protection Law in the amount of Baht 51 million, a remuneration program’s