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Search Result for “high excise tax”

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BUSINESS

Redefining Luxury Through Sustainable Tourism

Published on 23/04/2025

» Sustainable tourism has evolved from niche market to mainstream aspiration, with profound implications for how travellers, businesses, and destinations approach hospitality, according to Professor Lisa Wan, Associate Professor at the School of Hotel and Tourism Management, The Chinese University of Hong Kong (CUHK) Business School.

OPINION

Can Thailand survive Trade War 2.0?

Oped, Kirida Bhaopcihitr, Published on 23/04/2025

» As the trade war is now being waged globally, Thailand needs to cope with the emerging impacts while trying to minimise the risks and grasp the arising opportunities. It is therefore important to understand both the upcoming headwinds and tailwinds for the Thai economy and businesses in Thailand.

BUSINESS

Tariff war raises risk outlook for some regional banks

Business, Published on 23/04/2025

» Fitch Ratings previously anticipated broadly stable operating conditions across most Asia-Pacific banking systems in 2025, but a surge in US tariffs could threaten this assumption in some markets.

BUSINESS

Data centre service market to expand 8%

Business, Suchit Leesa-nguansuk, Published on 23/04/2025

» Thailand's data centre services market is projected to grow by 8% this year to 12.7 billion baht, driven by rising demand for greater processing power to support companies' adoption of artificial intelligence (AI) and enlarged data storage.

LIFE

Rise of fake AI content

Life, James Hein, Published on 23/04/2025

» We have unofficially entered the time of the fake AI generated content. It's not perfect yet, but it's good enough to fool many people. I use a YouTube alternative, which means I have more time to watch videos across a wide range. In the last few weeks, I've noticed an increase in AI generated product that is fake. One standout is the Got Talent franchise where people have grafted AI generated acts with cuts from responses from the panel. They look great, like a woman transforming into a lion, but it's all fake. Even some of those cute animal videos are now fake. Why? More clicks so more income all based on fabricated videos.

THAILAND

US tariff saga puts wage hike on ice

News, Post Reporters, Published on 23/04/2025

» The government's pledge to raise the minimum wage to 400 baht hit a roadblock on Tuesday after the tripartite board delayed its decision amid employers' concerns over an economic fallout following the recent US tariff changes.

SPORTS

FA Cup fever: T1 rivals clash as Buriram date shifted

Sports, Tor Chittinand, Published on 23/04/2025

» The FA Cup quarter-finals take place on Wednesday with two matches between Thai League 1 rivals while the clash between Chanthaburi and Buriram United has been moved to next month.

THAILAND

Contractor pledges B120m

News, Wassayos Ngamkham, Published on 23/04/2025

» China Railway No. 10 (Thailand), the contractor of the collapsed State Audit Office (SAO) building, will set aside 120 million baht to compensate victims of the tragedy, the justice minister confirmed, adding the move will not impact the criminal case related to the tragedy.

THAILAND

'Merman' courts controversy by refusing to kowtow

News, Karnjana Karnjanatawe, Published on 23/04/2025

» Siranudh "Psi" Scott has entered the media spotlight after clashing with the Department of National Parks, Wildlife and Plant Conservation (DNP) and being dismissed from his role advising the department's director-general amid allegations of inappropriate behaviour.

BUSINESS

Nestlé vows no quit in legal spat

Business, Somhatai Mosika, Published on 23/04/2025

» Nestlé insists it will fight to the end in a heated legal battle with the Mahagitsiri family, eventually stepping up to establish its own coffee production facility in Thailand, says a high-ranking source from the food and beverage conglomerate.