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Search Result for “high excise tax”

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BUSINESS

Asian shares steady after earlier tech-led sell-off

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 07/02/2026

» RECAP: Asian equities regained some stability on Friday after early losses, indicating that selling pressure may be easing following a tech rout that battered Wall Street for three days amid unease about an AI bubble.

BUSINESS

New import tax to level field amid flood of foreign goods

Business, Published on 07/02/2026

» Starting from Jan 1 this year, all goods ordered online and imported into Thailand are subject to both import duty and value-added tax (VAT).

BUSINESS

Restaurants face a rough 2026

Business, Kuakul Mornkum, Published on 07/02/2026

» The restaurant industry continues to face several challenges this year, as tourism has not fully recovered, labour shortages persist and costs remain high.

BUSINESS

Bureau seeks 10% growth for exhibitions market

Business, Molpasorn Shoowong, Published on 07/02/2026

» Amid economic uncertainty, the Thailand Convention and Exhibition Bureau (TCEB) targets 10% growth for the Mice (meetings, incentives, conventions and exhibitions) segment this year, with 163 billion baht in revenue and 29.4 million participants.

BUSINESS

Chinese tech firm chooses Thailand for overseas plant

Wichit Chantanusornsiri, Published on 07/02/2026

» Hesai Technology, a global leader in light detection and ranging (LiDAR) solutions and intelligent vehicle navigation systems, says Thailand will host its first manufacturing base outside China.

BUSINESS

WD targets hard drives for AI economy

Suchit Leesa-nguansuk, Published on 06/02/2026

» WD, formerly known as Western Digital, has repositioned itself as a strategic storage infrastructure partner in the artificial intelligence (AI)-driven data economy, focusing on adapting hard drives for AI workloads.

BUSINESS

Line Man Wongnai weighs IPO in Hong Kong or New York

Bloomberg, Published on 06/02/2026

» Line Man Wongnai, a Thai technology startup backed by Singapore’s GIC Pte, is considering an initial public offering abroad to tap stronger investor demand and secure a higher valuation, a move that would signal a lack of confidence in the local stock market.

BUSINESS

TikTok affirms B270bn outlay in Thailand

Business, Wichit Chantanusornsiri, Published on 06/02/2026

» TikTok has confirmed its long-term investment plan in Thailand worth 270 billion baht, according to caretaker finance minister Ekniti Nitithanprapas.

BUSINESS

World Bank calls for rejig of growth model

Business, Somruedi Banchongduang, Published on 06/02/2026

» Thailand should use the global spotlight from hosting the IMF-World Bank Annual Meetings in October this year to reposition its economic growth model, according to a senior World Bank official.

BUSINESS

SET a bright spot for global investors

Business, Nuntawun Polkuamdee, Published on 06/02/2026

» The Thai equities market is staging a strong comeback as foreign investors return, supported by an election rally, unexpectedly high dividend payouts, and eased selling pressure from long-term equity funds (LTFs), says the Stock Exchange of Thailand (SET).