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Search Result for “high excise tax”

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BUSINESS

Fed governor says Trump has no authority to fire her

AFP, Published on 26/08/2025

» WASHINGTON - Federal Reserve Governor Lisa Cook rejected US President Donald Trump’s unprecedented bid to oust her on Tuesday, saying he had no legal authority for such an intervention against a member of the independent US central bank.

BUSINESS

Thailand pursues more global events to spur economy

Narumon Kasemsuk, Published on 26/08/2025

» Thailand is aiming to attract more global events to enhance the economy and promote new destinations, taking advantage of major infrastructure projects in the Eastern Economic Corridor (EEC) provinces.

BUSINESS

Thailand power utilities unite to showcase energy innovations 

Published on 26/08/2025

» Bangkok, August 19, 2025 — Thailand’s energy sector stands at a pivotal crossroads, tasked with balancing immediate economic needs with long-term environmental and social responsibilities. As the nation advances its development agenda, the focus has shifted towards driving energy policies and innovations that ensure stability, build resilience against global uncertainties, and embed sustainability at the core. This vision not only secures reliable energy for today but also lays the foundation for a cleaner, more sustainable future, supporting Thailand’s growth while aligning with global efforts to combat climate change. 

BUSINESS

The Gleamers: How Asia’s play-focused consumers are reshaping commerce

Online Reporters, Published on 26/08/2025

» Asia is experiencing a unique demographic convergence. By 2050, the region will house one in four of the world’s seniors (over 60) as well as 60% of its young people. This generational mix is creating a powerful new consumer archetype that transcends age: “The Gleamers”.

BUSINESS

Illegal sites took 71% of Europe’s betting, casino sales

Bloomberg News, Published on 26/08/2025

» LONDON — Illegal gambling operators captured 71% of Europe’s online betting and casino market last year, or €80.65 billion (US$93.8 billion), as regulators struggled to rein in crypto casinos, prediction markets and unlicensed sportsbooks during a booming year for sports.

BUSINESS

Siam Premium Outlets Bangkok Celebrates Five Years of Success

Published on 26/08/2025

» Bangkok, August 22, 2025 – Siam Premium Outlets Bangkok, Thailand’s first and only premium outlet destination, proudly marks its 5th anniversary. The milestone highlights the success of its comprehensive business strategy spanning marketing, customer engagement with both Thai and international shoppers, and strengthening international brand recognition through a distinctive and exceptional shopping experience.

BUSINESS

Trump moves to fire a Fed governor over mortgage fraud claims

AFP, Published on 26/08/2025

» WASHINGTON - US President Donald Trump moved to fire Federal Reserve Governor Lisa Cook "effective immediately" on Monday, citing allegations of false statements on her mortgage agreements -- as he expanded pressure on the independent central bank.

BUSINESS

Tourism Authority of Thailand puts faith in Malaysian visitors despite forecast cut

Business, Molpasorn Shoowong, Published on 26/08/2025

» Despite the target for Malaysian tourists having been cut to 5 million this year, equivalent to the level seen in 2024, this market may reach the same number of arrivals as the Chinese as it is still unfazed by the situation along the border provinces.

BUSINESS

Car production suffers sharp downturn

Business, Lamonphet Apisitniran, Published on 26/08/2025

» The Thai automotive industry has remained sluggish so far in 2025 as total car production fell by 5.73% year-on-year during the first seven months, affecting employment among car manufacturing plants, says the Federation of Thai Industries (FTI).

BUSINESS

Imminent US interest rate cut likely to boost Thai stocks

Business, Nuntawun Polkuamdee, Published on 26/08/2025

» Foreign capital is expected to flow into the Stock Exchange of Thailand (SET) as the US Federal Reserve (Fed) signalled an interest rate cut in September, although short-term domestic political uncertainties could limit the upside, analysts say.