Showing 1-10 of 30 results
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VAT on imports sent via post starts in May
Business, Wichit Chantanusornsiri, Published on 29/04/2024
» The Customs Department is scheduled to commence the collection of value-added tax (VAT) for imported goods sent through postal services, regardless of the value of the goods, starting in May.
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Asian shares get lift from US tech results
Business, Published on 27/04/2024
» RECAP: Asian shares rose yesterday, led by tech firms after strong earnings reports from Microsoft and Alphabet on Wall Street. But investors are becoming resigned to the idea that US interest rate cuts are probably many more months away.
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Solar giants seek high US tariffs on Asean panels
Published on 24/04/2024
» Some of the world’s largest solar equipment makers are asking the US government to impose steep tariffs on panels and cells from four Asian countries — Malaysia, Cambodia, Vietnam and Thailand — as they seek to protect billions of dollars in investments in US manufacturing.
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Index Living Mall eyes Furinbox growth
Business, Narumon Kasemsuk, Published on 19/03/2024
» Despite a high mortgage rejection rate in the low-income segment, SET-listed Index Living Mall (ILM) saw this group become one of the fastest-growing segments last year, prompting the company to expand its brand to be competitive through the sale of non-branded furniture and affordable products made in China.
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UBE drives up cassava productivity
Business, Yuthana Praiwan, Published on 16/03/2024
» Ubon Bio Ethanol (UBE), a SET-listed ethanol producer, is increasing productivity at its cassava plantations in Ubon Ratchathani after harvests plunged, resulting in a loss of 96 million baht last year.
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Retail sector still sensitive
Business, Molpasorn Shoowong, Published on 11/03/2024
» Despite higher tourist spending and tax incentives to spur purchases, Thailand's retail industry remains fragile, with an influx of substandard goods from China piling pressure on local entrepreneurs.
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Thailand recalls trade envoy after Indian protest
Published on 02/03/2024
» Thailand has recalled its ambassador to the World Trade Organization (WTO) after India lodged a strong protest over remarks she made about New Delhi’s rice procurement programme, Indian media have reported.
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Agencies address impact of low-end imports on SMEs
Business, Phusadee Arunmas, Published on 22/02/2024
» The Commerce Ministry has delegated the Trade Negotiations Department and the government's "Team Thailand", whose primary responsibility is to support efforts to promote economic growth, to gather in-depth data and examine specific products under the Asean-China Free Trade Agreement (ACFTA) affected by the influx of low-priced Chinese goods.
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Beating back the influx of cheap goods
Business, Published on 22/02/2024
» State agencies and organisations are seeking ways to stem the flood of cheap Chinese products into Thai markets, especially via e-commerce platforms, as the influx has damaged small local producers of household goods.
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Asian equities gain for fourth straight week
Business, Published on 17/02/2024
» RECAP: Asian markets recorded their fourth consecutive weekly gain after Wall Street, Paris and Frankfurt rallied to record highs, as traders shrugged off data showing mild recessions in Britain and Japan, and weak US retail sales.
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