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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.

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.

BUSINESS

Chinese telco could face $1-billion US fine for bribery

Reuters, Published on 11/12/2025

» The Chinese telecoms equipment maker ZTE Corp may pay more than $1 billion to the US government to resolve years-old allegations of foreign bribery, according to two people familiar with the matter.

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.

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

New round of clashes hurt eateries in border areas

Business, Kuakul Mornkum, Published on 11/12/2025

» The latest round of border clashes between Thailand and Cambodia has hit businesses located along the border. Restaurant operators are concerned that the tensions are discouraging people from visiting the areas during the peak season for tourism.