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Search Result for “high excise tax”

Showing 1 - 10 of 43

BUSINESS

Krungsri remains wary with buffers

Business, Pathom Sangwongwanich, Published on 04/02/2021

» Bank of Ayudhya, branded as Krungsri, plans to continue setting aside loan provisions this year, albeit at a lower rate, to cushion against economic uncertainties.

BUSINESS

Fitch sees 'very dim' path for GDP growth

Business, Pathom Sangwongwanich, Published on 20/01/2021

» Despite several fundamental buffers to cushion against the crisis, Thailand's near-term growth prospects are "very dimmed" due to substantial losses stemming from the absence of foreign tourist arrivals, said Fitch Ratings.

BUSINESS

Exchange rates tipped for shaky 2021

Business, Pathom Sangwongwanich, Published on 08/01/2021

» Volatility and malleability are key themes for this year's foreign exchange outlook, with the baht projected to appreciate further, fuelled by Thailand's surpluses in trade and current accounts, say economists.

THAILAND

Virus, fragile labour market threaten economy in 2021: BoT

News, Pathom Sangwongwanich, Published on 31/12/2020

» The global Covid-19 pandemic, combined with a fragile labour market, pose as pertaining risks for the economic recovery in 2021, says the Bank of Thailand.

BUSINESS

Recovery unlikely until 2022

Business, Pathom Sangwongwanich, Published on 08/12/2020

» Thailand's economy is forecast for clear recovery momentum in 2022 as domestic demand will remain weak in 2021, says CIMB Thai Bank (CIMBT).

BUSINESS

Fitch warns of steep path without tourists

Business, Pathom Sangwongwanich, Published on 08/10/2020

» Thailand's economy will face a daunting recovery trajectory if tourism does not improve, as economic growth is tied directly and indirectly to foreign tourist arrivals, says Fitch Ratings.

BUSINESS

ASP: Slower growth and exports tether baht

Business, Pathom Sangwongwanich, Published on 09/06/2020

» The baht's appreciation is not expected to be as profound as last year's surge because a lower current account surplus is projected thanks to slower growth in exports and tourism, says Asia Plus Securities (ASP).

BUSINESS

AEC clarifies shortfall with SEC

Business, Pathom Sangwongwanich, Published on 28/05/2020

» SET-listed AEC Securities has clarified its failure to maintain net capital as required by the Securities and Exchange Commission (SEC), attributing the shortage to the calculation of its debenture holding.

BUSINESS

Asset managers get provident fund info

Business, Pathom Sangwongwanich, Published on 09/05/2020

» The capital market regulator has notified asset management firms of a ministerial mandate to permit employers to temporarily delay or halt provident fund contributions during the coronavirus crisis.

BUSINESS

SET trading halted again

Pathom Sangwongwanich, Published on 13/03/2020

» Trading on the Stock Exchange of Thailand board was halted on Friday morning, for the second straight day, as a circuit breaker was triggered following a 10% plunge.