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PROPERTY

Central Pattana sees net profit surge by 13% in 2025

Published on 24/02/2026

» Leading real estate developer Central Pattana Plc (CPN) has announced a strong performance for the 2025 fiscal year, delivering solid growth in revenue, net profit, dividends and foot traffic, reaching a new high for the third consecutive year.

THAILAND

'No plan' for VAT rate hike

News, Chairith Yonpiam, Published on 24/02/2026

» The incoming Bhumjaithai-led administration will not raise the value-added tax (VAT) rate to 10% over the next three years, a BJT executive said, adding that the party's immediate focus is economic recovery.

BUSINESS

Phuket in fresh bid for Specialised Expo

Business, Molpasorn Shoowong, Published on 24/02/2026

» Phuket plans to submit a bid for the Specialised Expo again this year, aiming to host the event in 2032 or 2033 under a new "longevity" theme, promoting the island's wellness and sustainable tourism sectors.

BUSINESS

Phuket in fresh bid for Specialised Expo

Molpasorn Shoowong, Published on 23/02/2026

» Phuket plans to submit a bid for the Specialised Expo again this year, aiming to host the event in 2032 or 2033 under a new “longevity” theme, promoting the island’s wellness and sustainable tourism sectors.

BUSINESS

Plan to tax gold imports stokes Thai industry criticism

Published on 23/02/2026

» Gold traders strongly oppose the Customs Department’s plan to ask the incoming government to impose import duties on gold, warning that Thailand could lose its status as a gold trading hub if the measure is implemented. They added that gold is now regarded as an investment asset rather than a commodity subject to tariffs.

BUSINESS

US to stop collecting tariffs ruled illegal by Supreme Court

Reuters, Published on 23/02/2026

» WASHINGTON  - The US Customs ​and Border Protection agency said ‌it will halt collections of tariffs imposed under the International Emergency Economic Powers Act at 12.01am EST (12.01pm Thai time) on Tuesday, after the US ​Supreme Court ⁠declared the duties illegal.

BUSINESS

Minor Food mulls IPO in Hong Kong by end of 2026

Business, Molpasorn Shoowong, Published on 23/02/2026

» Minor Food, a subsidiary of SET-listed Minor International, is exploring an initial public offering (IPO) in Hong Kong by the end of the year, while its hotel arm, Minor Hotels, prepares to launch a US$1-billion real estate investment trust (REIT).

BUSINESS

Dead man walking

Business, Published on 23/02/2026

» Being labelled the "sick man of Asia" has forced Thailand to reassess the long‑standing problems causing its "chronic economic illness".

OPINION

Airports of Thailand must justify charge

Oped, Editorial, Published on 23/02/2026

» The decision by Airports of Thailand (AoT) to raise the international Passenger Service Charge (PSC) from 730 baht to 1,120 baht marks the steepest increase in nearly two decades.

BUSINESS

Trump boosts new tariff rate to 15% a day after announcing 10%

Bloomberg News, Published on 22/02/2026

» President Donald Trump said he will increase the global 10% tariff he announced one day earlier to 15%, stirring up more economic turbulence as he lashed out at the US Supreme Court over its ruling that his preferred mechanism for applying tariffs was illegal.