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Search Result for “high excise tax”

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BUSINESS

Tourism market gains from China-Japan spat seen limited

Molpasorn Shoowong, Published on 08/12/2025

» Amid tensions between China and Japan, Thai tourism might not see an abrupt surge in Chinese arrivals this high season due to limited flight capacity and high competition in the region, while the government has been criticised for failing to address obstacles to tourism.

BUSINESS

Industrial sector faces premature contraction

Somruedi Banchongduang, Published on 08/12/2025

» Thailand’s industrial sector has entered a contraction phase earlier than expected, pressured by intensifying global competition and the country’s declining competitiveness.

THAILAND

XSpring Digital Dominates Asia’s Tokenisation Market 

Published on 08/12/2025

» XSpring Digital, a core component of the XSpring Capital Group, has solidified its position as Asia’s preeminent force in tokenization, illustrated by the complete sell-out of the SiriHub2 Token—an unprecedented THB 2.49 billion real estate-backed investment token offering. This landmark transaction, which concluded in a matter of days, has propelled XSpring Digital’s total fundraising in 2025 beyond THB 2.89 billion, establishing it as the dominant Tokenization platform in Southeast Asia and a foundational leader in the region’s burgeoning tokenization ecosystem. 

THAILAND

Chia Tai, DOAE Unite to Advance Smart Farming

Published on 08/12/2025

» The Department of Agricultural Extension (DOAE) has signed a Memorandum of Understanding (MoU) with Chia Tai Company Limited to accelerate the adoption of digital technologies and smart agricultural solutions among Thai farmers, with the goal of enhancing efficiency and fostering long-term sustainability in the agricultural sector. The signing ceremony took place at Chia Tai Company Limited.

THAILAND

Interview: Leading Thailand’s Micro-SME Banking Revolution 

Published on 08/12/2025

» As Thailand works to expand financial inclusion and uplift its vast network of small business owners, Thai Credit Retail Bank Plc (CREDIT) has emerged as a fast-growing force driving change at the heart of the informal economy. In this interview, Chief Executive Officer Mr Roy Agustinus Gunara explains how the Bank has carved out a distinctive position in the national banking landscape prioritising micro-SME lending, relationship-based services and a forward-looking digital transformation designed to unlock opportunities for millions of entrepreneurs traditionally excluded from mainstream finance. 

BUSINESS

EGAT Drives Carbon-Neutral Future at IEEE Summit 

Published on 08/12/2025

» A major global energy forum has taken centre stage in Bangkok, spotlighting Thailand’s strengthened commitment to a carbon-neutral future. The Ministry of Energy, led by Athapol Rerkpiboon, presided over the opening of IEEE PES GTD Asia 2025 under the theme “Accelerating the Energy Transition toward Carbon Neutrality – A Sustainable Energy Future for All.” Held from 26–29 November 2025 at the Queen Sirikit National Convention Center, the event is hosted by the IEEE Power & Energy Society (Thailand) in collaboration with public- and private-sector partners. More than 10,000 participants and over 400 leading global companies are showcasing advanced technologies to fast-track the green transition at a time when fossil fuels and natural gas still dominate supply. 

BUSINESS

CP Group Urges Businesses to Lead Thailand’s Just Transition to a Greener, Fairer Future

Published on 08/12/2025

» Companies can take a leading role in driving a just transition, creating a greener and more inclusive society, opening new opportunities for sustainable growth. Sustainable business models that enable a just transition can be both profitable and beneficial to society.

THAILAND

Uganda Opens Gateway for Thai Investment into Africa 

Published on 08/12/2025

» To introduce Uganda as a promising new investment destination in Africa for Thai investors, the Uganda High Commission in Kuala Lumpur, accredited to the Kingdom of Thailand, hosted “The Pearl of Africa – Uganda Business Forum & Expo 2025 – Thailand Chapter” on 26 November 2025. 

LEARNING

Rapper to face fraud summons

R May, Published on 08/12/2025

» Police will on Tuesday summon rapper Prinya "Way Thaitanium" Intachai to answer a fraud charge involving a 10‑million‑baht investment dispute.

WORLD

UN slams world's 'apathy' in launching aid appeal for 2026

AFP, Published on 08/12/2025

» UNITED NATIONS (UNITED STATES) - The United Nations on Monday hit out at global "apathy" over widespread suffering as it launched its 2026 appeal for humanitarian assistance, which is limited in scope as aid operations confront major funding cuts.