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Search Result for “billion”

Showing 41 - 50 of 364

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THAILAND

Lab tests show rice 'edible'

Chairith Yonpiam, Published on 20/05/2024

» The government will proceed with its plan to auction off the rice from Yingluck Shinawatra's pledging scheme that had been stored in two warehouses in Surin for 10 years, after a laboratory test result showed that the rice is still safe for consumption.

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GENERAL

Draft law aims to curtail profit shifting

Business, Wichit Chantanusornsiri, Published on 20/05/2024

» The Revenue Department expects draft legislation to collect taxes from multinational enterprises (MNEs) to prevent the shifting of profit to subsidiaries located in countries with a lower tax base to be implemented in 2025, which estimates suggest will boost tax revenue by 12 billion baht per year.

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GENERAL

Businesses up in smoke

Business, Published on 20/05/2024

» A deadline set by cannabis advocacy groups is rapidly approaching for the government to justify its plan to reclassify cannabis as a narcotic.

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PROPERTY

Anticipated rate cut expected to bolster residential market

Kanana Katharangsiporn, Published on 20/05/2024

» The expected dip in interest rates by 25 percentage points in the second half this year is expected to help the residential market, resulting in projected growth of 5.5%, in contrast with a decline of 0.7% without a rate cut.

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OPINION

Green push needs united approach

News, Published on 20/05/2024

» Bridging the divide between agriculture and forestry is imperative for climate action. The global and national race is on to steeply reduce emissions over the next six years. According to the watershed Global Stocktake report, released ahead of COP28 in Dubai, we face the daunting task of reducing emissions by 43% by 2030 to retain the possibility of limiting warming to 1.5 degrees by the end of the century, and 27% to stabilise at a 2-degree temperature increase. Since the Paris Agreement was signed in 2015, we have managed only to be on track for a 2% reduction in emissions against 2019 baselines. Each subsequent year, we collectively feel the impacts of a hotter, more volatile climate as new records are set for temperature and natural disasters.

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OPINION

Thailand's cannabis U-turn is a cautionary tale

News, Published on 20/05/2024

» Turns out you can have too much of a good thing. Earlier this month, Prime Minister Srettha Thavisin ordered a U-turn on the country's landmark cannabis policy, saying the plant should be soon classified as a narcotic again and its use limited to medical and health purposes.

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WORLD

Vietnam’s presidential nominee is anti-graft crusader

Published on 19/05/2024

» Vietnam nominated the enforcer of Communist Party’s anti-corruption drive as the next president and proposed a new head of parliament, in appointments that could ease months of political turmoil and allow policymakers to refocus on a struggling economy.

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THAILAND

Push to sell old rice raises questions

Published on 19/05/2024

» Critics have slammed the government's plan to sell decade-old rice, accusing it of attempting to whitewash the loss-ridden rice-pledging scheme of former prime minister Yingluck Shinawatra's administration.

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GENERAL

Ministries to promote film spots

Aekarach Sattaburuth, Published on 19/05/2024

» The Tourism and Sports Ministry has joined hands with the Culture Ministry to promote Thailand's film locations in a bid to achieve 7.5 billion baht in earnings from foreign film companies choosing to shoot their films in the country this year.

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OPINION

Talk show must be more than PR

Editorial, Published on 19/05/2024

» With the government stumbling from one controversy to another, Prime Minister Srettha Thavisin's proposal to revive the premier-meets-the-people talk show is a promising idea, if it is honestly and effectively implemented.