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News, Editorial, Published on 09/09/2024
» Thailand is now faced with the inevitable task of imposing a top-up tax on transnational firms operating within its borders, in compliance with the global requirements of the Global Minimum Tax (GMT). This tax policy imposes a formidable challenge for the government as it seeks to maintain the nation's competitiveness and continue attracting vital foreign direct investment (FDI).
Online Reporters, Published on 08/09/2024
» Most Thais believe the new government led by Prime Minister Paetongtarn Shinawatra will be able to complete the remaining three years of the current parliament’s term, and consider healthcare and economic policies to be the government’s strongest suits, according to the latest Super Poll survey.
Published on 08/09/2024
» Thailand’s new government plans to expedite a sweeping debt restructuring to tackle an estimated $474 billion of household liability, offer financial assistance to small businesses and accelerate fiscal stimulus to lift growth.
Editorial, Published on 08/09/2024
» With the Social Security Fund (SSF) facing the existential threat of bankrupt in coming decades, the government should realise this is no time for indecision.
Business, Published on 07/09/2024
» RECAP: Asian equities were poised to end a turbulent week on a steady note and Thai shares had their best week of the year, while currencies edged higher ahead of crucial US payrolls data that could set the stage for a larger interest rate cut.
Business, Published on 07/09/2024
» The SET index drifted sideways up in August. After finding support at 1,273 points early in the month, marking the month's low, the index broke above the upper end of the sideways trend of its two-month range (June-July), reaching the month's high of 1,370. Key factors affecting market movements include:
Published on 06/09/2024
» WASHINGTON - US Federal Reserve policymakers got a green light to start a round of interest rate cuts this month after a government report on Friday showed employers added far fewer workers than economists had expected in August and July.
Molpasorn Shoowong, Published on 06/09/2024
» Tourism operators have warned the new tourism minister to brace for a nosedive in the global economy and fiercer competition next year, urging the government to start planning for the worst-case scenario from this year.
Business, Komsan Tortermvasana, Published on 06/09/2024
» The Digital Industry Sentiment Index in the second quarter declined to 52.4, from 54.1 in the previous quarter, which was attributed to people's weaker purchasing power and the delay in state budget disbursement.
Oped, Published on 06/09/2024
» As global economic growth slows, many hope technological innovation is a potential solution. The International Monetary Fund's latest World Economic Outlook, for example, highlighted the potential of artificial intelligence to boost productivity and GDP. But the report also warns that given the uncertainties surrounding the extent of AI's impact, such forecasts should be approached with a dose of caution. While AI could usher in an era of prosperity, this outcome depends on how these emerging technologies evolve.