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Search Result for “taxes”

Showing 1 - 10 of 11

BUSINESS

Gold price tops $5,100 amid global chaos

Business, Nareerat Wiriyapong, Published on 27/01/2026

» Gold traders warn of a possible price correction after bullion surpassed US$5,100 an ounce for the first time on Monday amid rising geopolitical uncertainty and a weakening dollar, pressuring the baht to appreciate beyond 31 baht to the greenback.

BUSINESS

Gold traders oppose tax on transactions

Business, Nareerat Wiriyapong, Published on 17/09/2025

» Gold traders voiced opposition to Thai authorities' discussion of imposing a tax on physical gold and online transactions, saying such efforts to rein in baht appreciation would cause the country to lose its status as a gold trading hub.

BUSINESS

High hopes for Thailand's new crypto sandbox

Business, Nareerat Wiriyapong, Published on 28/07/2025

» In the increasingly competitive tourism landscape amid a global economic slowdown, pundits believe recently endorsed crypto-friendly measures will lift Thailand's attractiveness in the eyes of tech-savvy, high-spending tourists.

BUSINESS

Political tensions weigh on Thai stocks and casino plans

Business, Nareerat Wiriyapong, Published on 07/03/2025

» Rising political tensions could be a drag on major government projects, particularly the proposed entertainment and casino complex, says the Thai unit of China Galaxy Securities (CGS), prompting the brokerage to lower its Stock Exchange of Thailand (SET) index target for 2025.

BUSINESS

Thai stocks face further falls amid oil and banking woes

Business, Nareerat Wiriyapong, Published on 30/01/2025

» The Stock Exchange of Thailand (SET) index risks falling below 1,300 points after testing a low of 1,335 on Tuesday, as oil-related stocks continue to drag down the bourse, while banking stocks may be affected by the Cyber Security Act, say analysts.

BUSINESS

Local traders optimistic on price outlook for gold

Business, Nareerat Wiriyapong, Published on 24/07/2024

» Local gold traders remain bullish about bullion's price trend, saying prices could top US$2,500 an ounce by end-2024 with a significant price increase expected after the US Federal Reserve (Fed) cuts US interest rates in September.

BUSINESS

Connecting with Laos

Asia focus, Nareerat Wiriyapong, Published on 20/09/2021

» Landlocked but rich in natural resources and geographically diverse, Laos has a lot to offer. Significant investments from neighbours including China have helped the country achieve economic growth of 6-7% a year over the past decade. Yet, inadequate infrastructure and the absence of a skilled workforce are among the reasons Laos has yet to fulfil its potential.

BUSINESS

EVs on a roll

Asia focus, Nareerat Wiriyapong, Published on 04/01/2021

» 2020 has been rough for industries all over the world. Even the automotive industry could not escape the unique challenges stemming from pandemic-induced lockdowns, the economic slump and subdued consumer confidence, all of which have caused car sales to nosedive globally.

BUSINESS

Travel turmoil

Asia focus, Nareerat Wiriyapong, Published on 18/05/2020

» Famous for its resilience in the face of several crises in the past, the travel and tourism industry is now facing the toughest test it has ever encountered in the Covid-19 outbreak.

BUSINESS

Place a bet on gambling reform

Asia focus, Nareerat Wiriyapong, Published on 26/08/2019

» Last week we saw some interesting developments in the gambling industries of two Southeast Asian nations that have become increasingly allied with China. While I am personally opposed to gambling and casinos, I respect the right of a country to allow them if it feels they will help the economy. But it's an industry that must be managed well in order to avoid negative effects.