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Search Result for “excise tax”

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THAILAND

High hopes for cancer control

News, Apinya Wipatayotin, Published on 02/04/2026

» The Ministry of Public Health is moving to draft Thailand's first Cancer Control Act, raising hopes for improved access to treatment, stronger prevention and greater equity in medical resources as the country faces a growing cancer burden and mounting healthcare costs.

BUSINESS

Commercial EVs picked to propel Thai boom

Business, Lamonphet Apisitniran, Published on 02/04/2026

» Thailand's battery electric vehicle (BEV) market is expected to gain significant momentum this year, with sales projected to surpass 120,000 units partially due to soaring oil prices, says the Electric Vehicle Association of Thailand (EVAT).

THAILAND

Fairer oil pricing vowed

News, Aekarach Sattaburuth, Published on 02/04/2026

» Energy Minister Akanat Promphan has pledged to overhaul the country's refinery margin mechanism to ensure fairer pricing for consumers.

BUSINESS

Business leaders slash Thai growth forecast

Business, Lamonphet Apisitniran, Published on 02/04/2026

» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has lowered its Thai GDP growth forecast to a range of 1.2-1.6%, citing the ongoing energy crisis triggered by war in the Middle East. The previous projection was 1.6-2.0%.

OPINION

The fatal flaw of AI-driven business models

Oped, Published on 02/04/2026

» Hundreds of billions of dollars are riding on the assumption that artificial intelligence will be reliable enough for high-stakes work. New research suggests it may never be. The AI tools that power ChatGPT and its rivals -- known as large language models, or LLMs -- are a genuine productivity-enhancing innovation. But they have serious shortcomings, most notably, their tendency to hallucinate, or make ‌things up.

BUSINESS

Oil turmoil speeds up Thailand's electric shift

Business, Lamonphet Apisitniran, Published on 02/04/2026

» Banks and car buyers are increasingly shifting towards battery electric vehicles (BEVs) as surging oil prices, fuelled by Middle East tensions, reshape Thailand's auto market, says Ford Thailand.

BUSINESS

Ekniti says fiscal position able to weather crisis

Business, Wichit Chantanusornsiri, Published on 02/04/2026

» The government's fiscal position remains strong and is sufficient to withstand shocks from an economic crisis, according to Finance Minister Ekniti Nitithanprapas.

OPINION

Some shock therapy or slow healing?

Oped, Chartchai Parasuk, Published on 02/04/2026

» Do readers prefer shock therapy or slow healing? This is not a health question, but an important economic one.

BUSINESS

Thai business group cuts 2026 GDP growth forecast to 1.2%-1.6%

Reuters, Published on 01/04/2026

» Thailand's ​economy is expected to ‌grow by 1.2% to 1.6% this year, a leading business group said on Wednesday, cutting its outlook from ​an ⁠earlier growth forecast of 1.6% to 2.0%.

BUSINESS

Line Man preps for the worst

Business, Suchit Leesa-nguansuk, Published on 01/04/2026

» Line Man Wongnai is preparing for a worst-case energy crisis by considering delivery surcharges on consumers if fuel prices rise by another 9-10 baht.