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Search Result for “dollar exchange rate”

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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

Aberdeen bullish on local equities post-election

Business, Nuntawun Polkuamdee, Published on 24/02/2026

» Aberdeen Asset Management has adopted a bullish stance on Thai equities following the recent election, noting political clarity and improving stability could pave the way for renewed foreign inflows and a recovery in the benchmark index to 1,500 points.

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

Thai exports hit 4-year high despite strong baht

Somhatai Mosika, Published on 23/02/2026

» The baht’s value is the most important factor affecting exports following the US decision to impose a 15% tariff on imports, with Thai exports recording their strongest growth in four years in January, according to the Trade Policy and Strategy Office (TPSO).

THAILAND

ETRO Residences Phuket Breaks Island Price Record with Landmark Luxury Debut

Published on 23/02/2026

» PHUKET, Thailand — ETRO Residences Phuket has set a new benchmark for luxury real estate after achieving the highest residential price ever recorded on the island just days after launch.

BUSINESS

Chinese shoppers are Asia's biggest airport spenders

South China Morning Post, Published on 23/02/2026

» HONG KONG — Chinese travellers are outspending their Asian peers at the region's airports in search of gifts, food and luxury purchases, a trade association has found.

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.

SPORTS

India battle for World Cup survival after 'messing up on grand scale'

AFP, Published on 23/02/2026

» AHMEDABAD — Defending T20 World Cup champions India need "two big performances" to reach the semi-finals after Sunday's huge defeat to South Africa, said their assistant coach.

THAILAND

IRPC accelerates 4R strategy: “Recapitalise, Revitalise, Reframe, Reinvent”

Published on 23/02/2026

» IRPC Public Company Limited (IRPC) led by Terdkiat Prommool, President and Chief Executive Officer announced:

WORLD

Bitcoin falls below $65,000

Bloomberg News, Published on 23/02/2026

» Bitcoin slid below US$65,000 in early Asia trading on Monday, roiled by fresh nervousness over the status of US tariffs.