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Search Result for “high excise tax”

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BUSINESS

EU agrees three-euro small parcel tax to tackle China flood

AFP, Published on 13/12/2025

» BRUSSELS - European Union (EU) finance ministers agreed Friday to impose a three-euro duty on low-value imports into the bloc from July 2026 to help tackle a flood of small parcels ordered via the likes of Shein and Temu.

BUSINESS

SET continues to decline towards year-end

Business, Tisco Securities, Published on 13/12/2025

» The Stock Exchange of Thailand underperformed again in November. At the beginning of the month, big-cap Delta Electronics helped push the SET Index up beyond 1,300 points. In the second week, the longer-than-expected US government shutdown was a drag on sentiment globally and locally. DELTA and commerce stocks plunged, bringing the SET down almost 6%.

BUSINESS

Early dissolution seen rattling bourse

Business, Nareerat Wiriyapong, Published on 13/12/2025

» Analysts said that while Thai and foreign investors have expected an early dissolution of parliament, Thursday's announcement by Prime Minister Anutin Charnvirakul adds a short-term negative sentiment towards the stock market as it creates uncertainty in regard to policy continuity.

WORLD

US arrests gang smuggling US$160m in AI chips to China

Puriward Sinthopnumchai, Published on 13/12/2025

» US authorities have dismantled an illegal operation smuggling advanced artificial intelligence (AI) chips to China, seizing high-performance Nvidia processors worth US$160 million (about 5.6 billion baht). The seized goods primarily consisted of Nvidia's H100 and H200 chips, representing a significant breach of export controls.

THAILAND

Klatham Party thrown on the defensive

Published on 13/12/2025

» The Klatham Party is scrambling to contain a politically explosive scandal, with opponents in the People’s Party accusing it of having ties to a cross-border scam network. Two high-profile figures — Deputy Prime Minister Thamanat Prompow and People’s Party (PP) MP Rangsiman Rome — are at the centre of the war of words.

THAILAND

Horses killed and injured on highway in Ratchaburi

Online Reporters, Published on 13/12/2025

» Two horses were killed and three more injured after being hit by a car on an interprovincial road in Ratchaburi province on Saturday.

BUSINESS

Ministry to push forward steps to stimulate tourism

Business, Molpasorn Shoowong, Published on 13/12/2025

» The Tourism and Sports Ministry still plans to push forward two tourism stimulus measures and leave it to the caretaker administration to decide whether to continue them, while the private sector is more concerned with restoring flood-affected communities and maintaining peace along the Thai-Cambodian border.

BUSINESS

Prescription scheme wins insurers' nod

Business, Nuntawun Polkuamdee, Published on 13/12/2025

» The Office of Insurance Commission (OIC) and the insurance industry have officially endorsed the government's "Sukkai Sabai Krabao" (Healthy Body, Comfortable Wallet) initiative, which allows patients treated at private hospitals to use their prescriptions at participating outside pharmacies.

SPORTS

Chaba Kaew gear up for tough Philippines fight

Tor Chittinand, Published on 13/12/2025

» Thailand’s women’s national football team are relishing the challenge ahead as they prepare to face the Philippines in the semi‑finals of the 33rd SEA Games at Chonburi Stadium on Sunday evening.

BUSINESS

ITEL forms joint venture with SEAX

Business, Suchit Leesa-nguansuk, Published on 13/12/2025

» Interlink Telecom (ITEL), a SET‑listed fixed network telecommunications provider, has formed a joint venture with SEAX Global, a Singapore‑based digital infrastructure services company, to expand its overseas customer base and deliver regional end‑to‑end connectivity services.