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BUSINESS

Finance Ministry plans e-commerce tax next year

Published on 26/08/2019

» The Finance Ministry expects to introduce a value-added-tax on electronic businesses next year, aiming to collect between 3 billion to 4 billion baht a year, a ministry official said on Monday, tapping a boom in e-commerce in the country.

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BUSINESS

SET index closes lowest in nearly 2 weeks

Published on 26/08/2019

» The Stock Exchange of Thailand index and other Southeast Asian markets ended lower on Monday, tracking a broader Asian sell-off, as the United States and China slapped retaliatory tariffs on each other over the weekend in further escalation of a protracted trade war.

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BUSINESS

Billionaire mulls what may be Thailand’s largest IPO in 2019

Bloomberg News, Published on 26/08/2019

» Asset World Corp will start gauging foreign investor demand for what could be one of Thailand’s biggest initial public offerings this year after the nation’s securities regulator approved the sale, according to people familiar with the matter.

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BUSINESS

Don Muang Tollway to be extended

Published on 26/08/2019

» The Don Muang Tollway will be extended by 18 kilometres, connecting the Rangsit-Bang Pa-in section to the M6 motorway to Nakhon Ratchasima, the Highways Department announced on Monday.

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BUSINESS

Thailand aims to be Southeast Asia’s power-trading middleman

Bloomberg News, Published on 26/08/2019

» Thailand is jump starting a decades-old plan to create a Southeast Asia electricity super-grid, and wants to be the power-trading hub at the centre of it.

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BUSINESS

Chalermnit Art De Maison by Areeya Property Wins Best Condominium Interior Design Bangkok

Published on 26/08/2019

» Areeya Property PLC’s “Chalermnit Art De Maison” has been named Best Condominium Interior Design Bangkok at Dot Property Thailand Award 2019.

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BUSINESS

Asian shares tumble as US-China trade war renews uncertainty

Associated Press, Published on 26/08/2019

» TOKYO: Asian shares tumbled Monday after the latest escalation in the US-China trade war renewed uncertainties about global economies, as well as questions over what President Donald Trump might say next.

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BUSINESS

Meals on wheels drive truck sales

Business, Published on 26/08/2019

» Shops conveyed by mini trucks have grown popular in Thailand over the years, providing a healthy start for a new breed of entrepreneur.

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BUSINESS

Inequality and the exploitation time bomb

Asia focus, Published on 26/08/2019

» Ever since reducing inequality became an official goal of the international community, income disparities have widened. This trend, typically blamed on trade liberalisation and technological advances that have weakened the bargaining power of labour relative to capital, has generated a political backlash in many countries, with voters blaming their economic plight on "others" rather than on national policies. Such sentiments of course merely aggravate social tensions without addressing the root causes of worsening inequality.

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BUSINESS

Israel goes from startup nation to scale-up nation

Asia focus, Published on 26/08/2019

» Israel isn't called the land of miracles for no reason. The country has overcome severe challenges to earn the moniker "Startup Nation", with a world-leading one startup business for every 1,400 people, according to Forbes magazine.