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Search Result for “high excise tax”

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BUSINESS

Indonesia says rice stock adequate amid sale restrictions, seeks imports from Thailand

Reuters, Published on 12/02/2024

» JAKARTA: Indonesia's government on Monday sought to assure consumers that rice stocks were adequate amid increasing sale restrictions in mini markets and supermarkets since the end of 2023.

BUSINESS

Govt plans asset management firm to tackle soaring household debt

Reuters, Published on 12/02/2024

» The government will set up an asset management firm in the first quarter of this year to help resolve the stubborn problem of high household debt, Prime Minister Srettha Thavisin said on Monday.

BUSINESS

Japanese outlay of B10bn fuels Thai S-curve sectors

Lamonphet Apisitniran, Published on 12/02/2024

» Two Japanese firms are planning to spend a total of 10 billion baht expanding their investment into Thailand in S-curve industries, says the Industry Ministry.

SPORTS

Marathon world record holder Kiptum dies in road accident

Reuters, Published on 12/02/2024

» NAIROBI: Kenya's marathon world record holder Kelvin Kiptum and his coach were killed in a traffic accident in the Rift Valley on Sunday, cutting short the promising career of the only man to have run the endurance classic in less than two hours and one minute.

BUSINESS

RML sets sights on 3,588 Million Baht capital increase

Published on 12/02/2024

» RML (Raimon Land Public Company Limited), Thailand’s leading luxury and ultra-luxury real estate developer, has announced a capital increase of 3,588 million baht from the current 4,172 million baht, bringing the total to 7,760 million baht. Additionally, the company will issue warrants and seek shareholder approval on March 22, 2024, to support sustainable growth, aiming for a turnaround and continuous profit enhancement.

BUSINESS

On the edge of a precipice?

Business, Ranjana Wangvipula, Wichit Chantanusornsiri, Somruedi Banchongduang, Phusadee Arunmas and Nareerat Wiriyapong, Published on 12/02/2024

» Tensions between the Bank of Thailand and the coalition government led by Prime Minister Srettha Thavisin, who is also the finance minister, have been apparent for months and flared up last week after the Monetary Policy Committee (MPC) decided to maintain interest rates at 2.5% following a political push for a reduction.

BUSINESS

Tapping a vast market

Business, Wichit Chantanusornsiri, Published on 12/02/2024

» The restoration of diplomatic relations between Thailand and Saudi Arabia in 2022 following a 30-year break has created new opportunities for Thailand to tap into demand for its halal products in Middle Eastern markets.

THAILAND

FM Parnpree set to meet Blinken Monday

News, Poramet Tangsathaporn, Published on 12/02/2024

» The Myanmar crisis, security partnership and regional connectivity via the government's Land Bridge project are among the top items which the Foreign Affairs Minister will discuss with his US counterpart on Monday.

THAILAND

City blueprint tests governor's green credentials

Supoj Wancharoen, Published on 12/02/2024

» The Bangkok Metropolitan Administration (BMA) has revised its city plan, drawing the ire of people who fear the imposition of the new zoning rules will have a negative impact on their properties.

THAILAND

Thai sweet tooth still poses a risk

News, Post Reporters, Published on 12/02/2024

» Thais consume about 23 teaspoons of sugar per day, which is almost four times higher than the sugar intake standard, says Thai Health Promotion Foundation (ThaiHealth).