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Search Result for “high excise tax”

Showing 1 - 10 of 13

BUSINESS

Carmakers still wary of Northvolt revival

Marie Mannes, Alessandro Parodi, Gilles Guillaume, Published on 26/08/2025

» STOCKHOLM — Silicon Valley start-up Lyten will need to convince carmakers it can succeed where bankrupt Swedish electric vehicle (EV) battery maker Northvolt failed -- creating a European champion to reduce the region's reliance on China.

BUSINESS

NSTDA seeks to broaden its research

Business, Suchit Leesa-nguansuk, Published on 26/08/2025

» The Higher Education, Science, Research and Innovation (MHESI) minister has tasked the National Science and Technology Development Agency (NSTDA) to drive progress in two key areas, including the development of modern technology in line with megatrends and the nurturing of artificial intelligence (AI) talent to serve the National AI strategy.

BUSINESS

Thailand, Argentina strengthen economic ties

Business, Phusadee Arunmas, Published on 26/08/2025

» Thailand is pursuing enhanced trade and investment opportunities in Argentina, particularly when it comes to exports of automotive and auto parts, food and consumer products.

BUSINESS

Imminent US interest rate cut likely to boost Thai stocks

Business, Nuntawun Polkuamdee, Published on 26/08/2025

» Foreign capital is expected to flow into the Stock Exchange of Thailand (SET) as the US Federal Reserve (Fed) signalled an interest rate cut in September, although short-term domestic political uncertainties could limit the upside, analysts say.

BUSINESS

Car production suffers sharp downturn

Business, Lamonphet Apisitniran, Published on 26/08/2025

» The Thai automotive industry has remained sluggish so far in 2025 as total car production fell by 5.73% year-on-year during the first seven months, affecting employment among car manufacturing plants, says the Federation of Thai Industries (FTI).

BUSINESS

Tourism Authority of Thailand puts faith in Malaysian visitors despite forecast cut

Business, Molpasorn Shoowong, Published on 26/08/2025

» Despite the target for Malaysian tourists having been cut to 5 million this year, equivalent to the level seen in 2024, this market may reach the same number of arrivals as the Chinese as it is still unfazed by the situation along the border provinces.

BUSINESS

Trump moves to fire a Fed governor over mortgage fraud claims

AFP, Published on 26/08/2025

» WASHINGTON - US President Donald Trump moved to fire Federal Reserve Governor Lisa Cook "effective immediately" on Monday, citing allegations of false statements on her mortgage agreements -- as he expanded pressure on the independent central bank.

BUSINESS

Siam Premium Outlets Bangkok Celebrates Five Years of Success

Published on 26/08/2025

» Bangkok, August 22, 2025 – Siam Premium Outlets Bangkok, Thailand’s first and only premium outlet destination, proudly marks its 5th anniversary. The milestone highlights the success of its comprehensive business strategy spanning marketing, customer engagement with both Thai and international shoppers, and strengthening international brand recognition through a distinctive and exceptional shopping experience.

BUSINESS

Illegal sites took 71% of Europe’s betting, casino sales

Bloomberg News, Published on 26/08/2025

» LONDON — Illegal gambling operators captured 71% of Europe’s online betting and casino market last year, or €80.65 billion (US$93.8 billion), as regulators struggled to rein in crypto casinos, prediction markets and unlicensed sportsbooks during a booming year for sports.

BUSINESS

The Gleamers: How Asia’s play-focused consumers are reshaping commerce

Online Reporters, Published on 26/08/2025

» Asia is experiencing a unique demographic convergence. By 2050, the region will house one in four of the world’s seniors (over 60) as well as 60% of its young people. This generational mix is creating a powerful new consumer archetype that transcends age: “The Gleamers”.