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Search Result for “high excise tax”

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BUSINESS

Tesla profits tumble on lower EV sales, AI spending surge

AFP, Published on 29/01/2026

» NEW YORK - Tesla reported a 61-percent drop in fourth-quarter profits on Wednesday due to lower auto sales and increased expenses as CEO Elon Musk ramps up technology investments.

BUSINESS

Schemes for SMEs to generate at least B260bn

Business, Wichit Chantanusornsiri, Published on 29/01/2026

» Government measures to support small and medium-sized enterprises (SMEs) are expected to help increase monetary circulation in the economy by at least 260 billion baht this year, says the chief of Thai Credit Guarantee Corporation (TCG).

BUSINESS

Thai-French JV marks new era for Le Grand Véfour

Business, Published on 29/01/2026

» Mud & Hound Plc, a Thai food and beverage company, and Paris Society, part of the Accor Group and a pioneer in premium French hospitality, have announced the formation of a joint venture.

BUSINESS

TSTH flags pressure from Chinese steel

Business, Boonsong Lipimas, Published on 29/01/2026

» Tata Steel (Thailand) Plc (TSTH), the local unit of India's largest steelmaker, says a fresh wave of Chinese steel exports is intensifying competition in Thailand, even as the company looks to higher value-added products and the pace of domestic infrastructure works to shape market prospects in 2026.

BUSINESS

China targeting over 1.5m Thai visitors in 2026

Business, Narumon Kasemsuk, Published on 29/01/2026

» China aims to attract at least 1.5 million Thai visitors this year, up from more than 1 million in 2025, while the Tourism Authority of Thailand (TAT) expects to generate 35.4 billion baht from 1.25 million foreign tourists during the 10-day Chinese New Year holiday next month.

PROPERTY

Sena puts focus on affordable housing

Molpasorn Shoowong, Published on 29/01/2026

» SET-listed Sena Development plans to launch eight new projects this year worth 10.7 billion baht, six of which are in the affordable segment priced 1-2.5 million baht per unit, as the company wants to be the leader for affordable houses for new buyers via its rent-to-own strategy.

BUSINESS

FTI eyes 1.5m auto units as domestic demand increases

Lamonphet Apisitniran, Published on 29/01/2026

» The Federation of Thai Industries (FTI) has announced a vehicle manufacturing target of 1.5 million units for 2026, a modest increase from 1.45 million units last year, driven by expectations of stronger domestic demand and growing production of battery electric vehicles (BEVs).

BUSINESS

Traders bullish on gold's skyrocket

Nareerat Wiriyapong, Published on 29/01/2026

» Gold prices are expected to soar to US$6,400 an ounce and 88,000 baht per baht-weight as investor demand in a turbulent world pushes bullion to new highs.

THAILAND

Abhisit vows clean politics, 5% growth

Nattaya Chetchotiros, Published on 29/01/2026

» Democrat Party leader and prime ministerial candidate Abhisit Vejjajiva has vowed to restore integrity to politics, dismantle networks of corruption and "grey capital," and lift the country's economic growth to 5% within four years, as he positions his party as a decisive swing factor ahead of the final lap of the general election campaign.

THAILAND

DSI nails more than 3,300 special cases

News, Post reporters, Published on 29/01/2026

» Altogether 3,325 special cases have been closed with total prevented damages exceeding 730 billion baht, including several high-profile cases involving corporate fraud, transnational crime, drug trafficking, and bid rigging, the Department of Special Investigation (DSI) said.