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Search Result for “high excise tax”

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BUSINESS

EU fines X $140m, risking US pushback

AFP, Published on 05/12/2025

» BRUSSELS - The European Union has fined X, the social media platform owned by billionaire Elon MUsk, 120 million euros ($140 million) for breaking its digital rules, in a move that risks a clash with the administration of US President Donald Trump.

BUSINESS

Cybercriminals increasingly prey on small firms

Business, Suchit Leesa-nguansuk, Published on 05/12/2025

» Small and medium-sized enterprises (SMEs) are increasingly being targeted by cybercriminals, who exploit them for supply chain attacks or demand a ransom for their data.

BUSINESS

Egat to pour funds into clean energy

Business, Yuthana Praiwan, Published on 05/12/2025

» The Electricity Generating Authority of Thailand (Egat) is planning to spend a huge portion of its budget supporting Thailand's transition to clean energy by investing in clean power generation and electricity transmission projects.

BUSINESS

Bank of Thailand aims to halt rapid baht uptick

Business, Nareerat Wiriyapong, Published on 05/12/2025

» The Bank of Thailand’s proposed tax reforms, tightening of gold oversight, and an anticipated interest rate cut could ease upward pressure on the baht, which has appreciated nearly 7% year-to-date to trade at stronger than 32 baht to the US dollar, according to pundits.

BUSINESS

Bureau seeks B175m to revive Mice sector in South

Business, Molpasorn Shoowong, Published on 05/12/2025

» The Thailand Convention and Exhibition Bureau (TCEB) has asked the cabinet to allocate 175 million baht to revive the Mice (meetings, incentives, conventions and exhibitions) sector in flood-affected southern Thailand.

BUSINESS

Gold traders must report daily trades

Business, Somruedi Banchongduang, Published on 05/12/2025

» The Bank of Thailand is requiring gold traders to report daily transactions across both physical and digital channels.