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BUSINESS

Tobacco Monopoly feels the burn from new excise rates

News, Wichit Chantanusornsiri, Published on 05/03/2018

» The state-run Thailand Tobacco Monopoly (TTM) is expecting the first loss, of about 1.5 billion baht, in its 79-year history, following new excise tax rates which it claims have benefitted importers of foreign cigarettes.

BUSINESS

Regulators to meet for ICO framework

Business, Wichit Chantanusornsiri, Published on 05/03/2018

» The Finance Ministry, the Bank of Thailand, the Securities and Exchange Commission (SEC) and the Anti-Money Laundering Office are scheduled to meet on Tuesday to create a clearer regulatory framework to supervise initial coin offerings (ICOs) and cryptocurrencies.

BUSINESS

GH Bank to add cheap offers

Business, Wichit Chantanusornsiri, Published on 05/03/2018

» State-owned GH Bank plans to unveil additional mortgage schemes with interest rates below 3% after strong demand from low- and middle-income earner groups.