The industries that will be restructured include finance, banking, logistics and transportation, information technology and communications, science and technology, education and training, healthcare, and tourism. The project aims to strengthen the export of services, reduce the deficit of the balance of the import-export of services, gain a surplus in the balance of the import-export of services, and serve the process of industrialization and modernization of the country. The growth rate of the service sector is set to reach 6.6-7.1 percent during the period from 2016 to 2020, and around 7-7.5 percent during the period from 2021 to 2025, according to the project. The proportion of the service sector in the gross domestic product (GDP) will be at around 43-44 percent by 2025. As for the finance and banking sector, by 2025, at least two to three commercial banks will be among the top 100 largest banks in Asia in terms of the total asset. By 2025, information technology will become the … [Read more...] about Proportion of service sector in GDP to be at about 44 percent by 2025
Domestic sector skill council
Bangkok (VNA) – The acute respiratory disease caused by a novel coronavirus (COVID-19) may subside in the second half of 2020 or earlier, Thailand’s Minister of Tourism and Sports Pipat Ratchakitprakan said on February 23, expecting that the country’s tourism would recover after its Songkran New Year festival. Speaking at an event in Phatthalung province, Pipat stated that the disease has had serious impact on Thailand. "Although the virus has caused damage to the tourism industry in the first half of the year, I am confident the situation will return to normal in the second half or after the Songkran Festival, when China will likely produce a vaccine against it," he added. According to him, when the summer comes, coronavirus will not be able to withstand the heat and the situation in many countries, including Thailand, will improve. He shared that the government is preparing to introduce financial measures to help disease-affected businesses. Thailand served … [Read more...] about Thailand expects tourism to recover after new year festival
Jowell had been elected to the Commons as MP for Dulwich (later Dulwich and West Norwood), in 1992, only two years before Blair’s election as leader, but she had previously acquired 15 years of political expertise as a Labour councillor. She had also made a number of important social and political connections, moving as she did in a circle of increasingly influential Labour supporters, many of whom shared her belief in the need for a party shakeup. It was this emphasis on a new-look, modern Labour party that coalesced around Blair’s bid for the leadership and Jowell, who knew how to handle the media as well as the woman in the street, was in the vanguard. … [Read more...] about Tessa Jowell obituary: the ‘people politician’
However, the outflow of dividends and property incomes from V4 to investors located in 15 countries of the "old" EU was 4% - 8% of the V4 countries' GDP in the same period. "The single market lifted trade barriers and opened access to Central and Eastern European markets," Morawiecki wrote. "We should show how cohesion policy benefits net contributors to the budget," he went on, adding that implementation of the 2007 to 2013 cohesion policy in the Visegrad countries was worth €96 billion in increased exports and direct capital benefits to the EU15, including €23 billion for the 'frugal four' of Austria, Denmark, the Netherlands and Sweden. … [Read more...] about Poland fights its corner in EU budget spat
Malcolm Page, assistant director homelessness services at the Salvation Army, said universal credit had also emerged as a major factor. Studies show that four-fifths of people on universal credit are in arrears before they move to the controversial new system, which lumps a series of benefit payments into one and is gradually being rolled out across the country. Around 700,000 households have been moved on to universal credit so far, out of the projected seven million total. … [Read more...] about Why are so many people sleeping rough on Britain’s streets?