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Search Result for “high excise tax”

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BUSINESS

EV bookings at record levels

Lamonphet Apisitniran, Published on 11/12/2025

» Electric vehicles (EVs) stole the spotlight at the 42nd Thailand International Motor Expo, pushing total car bookings to record levels and underscoring their growing foothold in the domestic market.

THAILAND

Two more border hospitals closed

Online Reporters, Published on 11/12/2025

» Two more hospitals near the Thai-Cambodian border have been temporarily closed, raising the total number of closures in high-risk areas to 12, officials said on Thursday.

BUSINESS

Great Wall Motor to ramp up BEV output to 14,500

Business, Lamonphet Apisitniran, Published on 11/12/2025

» Chinese automaker Great Wall Motor (GWM) has announced plans to ramp up its annual production capacity of battery electric vehicles (BEVs) in Thailand to 14,500 units within the next two years, aligning with requirements under the government's EV incentive schemes.

BUSINESS

Asian equities see biggest foreign outflows in nearly six years

Reuters, Published on 11/12/2025

» BENGALURU — Asian equities witnessed their largest monthly foreign outflows in nearly six years in November, driven by a selloff in high-flying technology stocks as concerns over stretched valuations prompted investors to cut exposure.

PROPERTY

Rental market thrives despite demand for home ownership

Business, Kanana Katharangsiporn, Published on 11/12/2025

» Most Thais continue to value owning high-value assets such as homes, widely regarded as symbols of stability, success and social standing, while the rental market is expanding rapidly as more consumers seek flexibility and avoid long-term debt obligations, according to the SCB Economic Intelligence Center (EIC).

THAILAND

Wiroj praises authorities for evacuation efforts

Aekarach Sattaburuth, Published on 11/12/2025

» Wiroj Lakkhanaadisorn, deputy leader of the opposition People’s Party, has praised the military and local authorities for their effective evacuation warnings to civilians during the ongoing clashes along the Thai-Cambodian border.

THAILAND

Singha R-SA Rushes Water Aid to Border Communities

Published on 11/12/2025

» SINGHA R-SA has provided immediate assistance to communities affected by the clashes along the Thai-Cambodian border. Drinking water has been delivered through local distributors across seven provinces in Eastern and Lower Northeastern Thailand, with a focus on Si Sa Ket, Surin, Buri Ram, Ubon Ratchathani and Trat, where the situation remains critical. The supplies are reaching evacuation centres and temporary shelters to help ease the urgent difficulties faced by families displaced from high-risk zones.

THAILAND

New European routes boost tourism prospects: TAT

News, Achadthaya Chuenniran, Published on 11/12/2025

» The Tourism Authority of Thailand (TAT) has hailed its airline-focused tourism promotion plan, following Norse Atlantic Airways' introduction of five additional routes from Europe to Bangkok and Phuket.

THAILAND

Ananda Secures Strong Demand for New Bonds 

Published on 11/12/2025

» Strong investor appetite has underscored renewed confidence in Thailand’s urban condominium market, with Ananda Development Public Company Limited (ANAN) successfully issuing two new secured bonds. The offerings—comprising tenors of one year and nine months at 6.90%, and two years and three months at 7.20%, with quarterly interest payments—were made available to institutional and/or high-net-worth investors. Demand exceeded THB 1,500 million, highlighting investors’ trust in Ananda’s solid fundamentals and long-term growth prospects. 

BUSINESS

Pact aims to rev up pharma patent use

Business, Phusadee Arunmas, Published on 11/12/2025

» The Department of Intellectual Property (DIP) held discussions with the Food and Drug Administration (FDA) to support the targeted development of health products. The collaboration aims to enhance health offerings to better serve an ageing society and address emerging diseases.