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Search Result for “high excise tax”

Showing 1 - 10 of 26

BUSINESS

State faces B150bn loss if diesel excise tax reduced

Business, Wichit Chantanusornsiri, Published on 05/11/2021

» If Thailand lowers the diesel excise tax by 5 baht per litre to peg the retail diesel price at 25 baht per litre, this will cost the state coffers up to 150 billion baht, said a Finance Ministry source, who requested anonymity.

BUSINESS

ICI for Thai stocks hits record high

Business, Nuntawun Polkuamdee, Published on 05/11/2021

» The Investor Confidence Index (ICI) for stocks over the next three months surged to a record high, spurred by strong prospects of a tourism rebound after the country's reopening and progress in vaccine rollouts that will attract foreign fund inflows to the Thai stock market next year.

BUSINESS

World food prices hit new 10-year high in October, says FAO

Business, Reuters, Published on 05/11/2021

» PARIS: World food prices rose for a third straight month in October to reach a fresh 10-year peak, led again by increases in cereals and vegetable oils, the UN food agency said on Thursday.

THAILAND

Expanded money-laundering law to cover more offences

News, Mongkol Bangprapa, Published on 05/11/2021

» The cabinet has approved a draft amendment to the Money Laundering Act to cover more offences including pornography, tax dodging and loan sharking, deputy government spokeswoman Rachada Dhnadirek said yesterday.

BUSINESS

Cabinet okays B3.62bn for jab projects

Business, Chatrudee Theparat, Published on 05/11/2021

» The cabinet on Thursday approved a combined 3.62 billion baht budget proposed by the National Economic and Social Development Council to finance R&D on two Covid-19 vaccine projects.

OPINION

Heritage must be guarded

Oped, Editorial, Published on 05/11/2021

» The demolition of the historic Scala theatre to pave the way for another high-rise in the Siam Square area has kicked off a public frenzy.

WORLD

Airbnb profit soars on Pandemic-era lifestyles

AFP, Published on 05/11/2021

» NEW YORK - Airbnb on Thursday reported record-high profit in the recently ended quarter as bookings surpassed pre-pandemic numbers, with remote work trends boosting the home-sharing platform.

LIFE

US offers $10m bounty for DarkSide hackers

AFP, Published on 05/11/2021

» WASHINGTON: The United States announced a $10 million reward Thursday for help finding leaders of the high-profile ransomware gang DarkSide, authorities' latest try at combating spiking cyber-extortion attacks.

BUSINESS

Consumer confidence growing amid recovery

Business, Phusadee Arunmas, Published on 05/11/2021

» Consumer confidence picked up for the second straight month in October, hitting a five-month high, while business sentiment rose for the first time in seven months, boosted by a drop in new Covid-19 infections, the easing of the lockdown restrictions, and the country's reopening to fully vaccinated foreign tourists this week.

BUSINESS

Myanmar jade traders squeezed between junta and rebels

AFP, Published on 05/11/2021

» Myanmar jade traders are running from junta troops and dodging rebel attacks to sell dwindling volumes of the green gemstone, as the billion-dollar industry loses its shine months on from the coup.