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Search Result for “The Associated Press and AFP”

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BUSINESS

Plan to tax gold imports stokes Thai industry criticism

Nareerat Wiriyapong and Wichit Chantanusornsiri, 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

Thailand sees upside to Trump court ordered US tariff reset

Bloomberg, Published on 23/02/2026

» A reset of many US tariffs to a uniform 15% will strengthen Thailand’s appeal as a manufacturing and investment hub, according to Finance Minister Ekniti Nitithanprapas.

BUSINESS

Thai exports jump most in four years on AI-led electronics boom

Bloomberg, Published on 23/02/2026

» Outbound shipments of electronic products and stronger inbound demand for raw materials and machinery pushed Thailand’s exports and imports to their highest levels in four years, as the country seeks a trade agreement with the United States.

BUSINESS

Dead man walking

Business, Lamonphet Apisitniran, Somhatai Mosika and Nuntawun Polkuamdee, 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".

BUSINESS

‘Little reprieve’ for Thailand after US tariff ruling

Somhatai Mosika and Lamonphet Apisitniran, Published on 21/02/2026

» The issue of US tariffs is expected to intensify now that the US Supreme Court has struck down President Donald Trump’s use of an emergency powers law to impose them, Thai exporters and economists say.

BUSINESS

Trump's new Iran threats rattle markets

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 21/02/2026

» RECAP: Most Asian equities fell and oil prices rose yesterday after Donald Trump ratcheted up Middle East tensions by hinting at possible military strikes on Iran if it did not make a "meaningful deal" in nuclear talks. The remarks put the brakes on a rebound in markets following an AI-fuelled sell-off earlier.

BUSINESS

US Supreme Court strikes down Trump’s tariffs

Reuters and Bloomberg, Published on 20/02/2026

» WASHINGTON - The US Supreme Court on Friday struck down the sweeping tariffs that President Donald Trump has pursued under a law meant for use in national emergencies, rejecting one of his most contentious assertions ​of his authority in a ruling with major implications for the global economy.

BUSINESS

Thai hotel group Minor plans $1bn property fund

Bloomberg News, Published on 20/02/2026

» Minor International Plc, Thailand’s largest hotel and restaurant chain operator, plans to set up its first real estate investment trust worth about $1 billion, and is exploring a Hong Kong listing of its restaurant unit to raise funds for debt repayment.

BUSINESS

AI and the digital productivity boom

Business, Published on 19/02/2026

» Across Southeast Asia, a new wave of digital productivity is reshaping how economies grow, compete and innovate, with artificial intelligence (AI) at the centre of this transformation. No longer just a supporting tool, AI is becoming foundational infrastructure, much like roads, electricity and telecom once were.