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Search Result for “high excise tax”

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WORLD

EU lawmakers urge international probe of Greece migrant tragedy

AFP, Published on 06/07/2023

» BRUSSELS: European Union lawmakers on Thursday pushed for an independent probe into a migrant boat tragedy off Greece in which hundreds of people are believed to have died, calling an internal investigation by Athens inadequate.

WORLD

Rubbish-clearing divers rescue 'pearl of Kyrgyzstan'

AFP, Published on 06/07/2023

» ISSYK KUL LAKE, Kyrgyzstan: On the shores of Lake Issyk Kul in mountainous Kyrgyzstan, a group of divers show off their haul for the day — a boat engine, car tyres, bottles, clothes and plastic items.

BUSINESS

Chinese students a bonanza for listed international school

By Yoojung Lee and Anuchit Nguyen, Bloomberg News, Published on 06/07/2023

» The growing number of wealthy Chinese leaving their homeland has been a boon for Thailand’s only SET-listed school operator and turned its chief executive officer into a multimillionaire.

BUSINESS

Rice to get costlier as supply threatened

Reuters, Published on 06/07/2023

» MUMBAI: Global rice prices, now at their highest in 11 years, are set to rally further after India moved to boost payments to farmers, just as El Nino threatens yields in key producers and alternative staples get costlier for poor Asians and Africans.

BUSINESS

Samsung profit 'lowest in over 14 years'

Reuters, Published on 06/07/2023

» SEOUL: Samsung Electronics' June-quarter profit is expected to plunge 96% on-year to the lowest for any quarter in more than 14 years, as a chip glut continues to drive large losses in the tech giant's cash cow business despite a supply cut.

WORLD

Yellen heads to China as US seeks to stabilise ties

AFP, Published on 06/07/2023

» WASHINGTON: United States Treasury Secretary Janet Yellen is due to arrive in Beijing on Thursday, kicking off a high-level visit aimed at improving communication and stabilising the tense relationship between the world's top two economies.

SPORTS

All set for Thai MotoGP

Sports, Tor Chittinand, Published on 06/07/2023

» The northeastern province of Buri Ram will host the OR Thailand MotoGP Grand Prix for the fourth time in October, organisers said on Wednesday.

BUSINESS

Economic woes curtail domestic trips

Business, Molpasorn Shoowong, Published on 06/07/2023

» Domestic tourism is still struggling with weak purchasing power because of higher costs of living and soaring debt, leaving small hotels and regional operators with financial burdens, says Kantapong Thananerngroth, president of Thai Tourism Promotion Association.

BUSINESS

Panel trims export growth forecast

Business, Lamonphet Apisitniran, Published on 06/07/2023

» Dim economic prospects over the next six months have caused the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) to cut its export growth forecast to -2% this year, down from -1%.

BUSINESS

Thai Credit banks $105m IFC loan

Business, Post Reporters, Published on 06/07/2023

» International Finance Corp (IFC), a unit of the World Bank Group, is providing a US$105-million loan to Thai Credit Retail Bank Plc (Thai Credit) to support female entrepreneurs in Thailand.