The National Legislative Assembly (NLA) is likely to rework a draft bill on the land and building tax after it assigned the Finance Ministry to consider whether taxpayers can afford the new tax bills. Source: Business
Read More »Monthly Archives: August 2017
11street has eye on e-commerce top spot
11street, the South Korean online marketplace, aims to be No.1 in e-commerce in Thailand by 2022. Source: Business
Read More »Panel mulls state telecom rejig
The government will reconsider plans to spin off two new infrastructure companies from TOT and CAT Telecom. Source: Tech
Read More »State to set up silk market in Korat for added value
The Commerce Ministry plans to set up a Thai silk centre in the northeastern city of Nakhon Ratchasima to serve as a magnet market to create added value to Thai silk products. Source: Business
Read More »Source: Suntory in talks with Pepsi in Thailand
Japan’s Suntory Group, one of the world’s leading makers of consumer products, will form a joint venture with Pepsi-Cola Thai Trading Co, the trademark owner of Pepsi, Mirinda and 7-Up, with the aim of cashing in on Thailand’s 50-billion-baht carbonated soft drink market, says an industry source. Source: Business
Read More »New electricity rates in the pipeline for next year
A new base factor and fuel tariff (Ft) rates used to calculate electricity bills for the next five years (2018-22) are due to be announced early next year, according to the Energy Regulatory Commission (ERC). Source: Business
Read More »12 carriers fret over losses due to licensing hold-up
The 12 remaining Thai-registered carriers that were unable to get their licences re-certified by yesterday’s deadline could face significant financial losses, analysts said. Source: Business
Read More »BoT: Farm incomes down 2.6% in July
Nominal farm income registered the first contraction of the year in July, continuing to weigh down on private consumption throughout the third quarter, says a Bank of Thailand senior official. Source: Business
Read More »Further inflows set to buoy local stocks
Fund flows are expected to continue into Thai-listed stocks for the rest of the year as investor confidence feeds off greater domestic political stability and the military-led government’s opposition weakens, says an asset management firm. Source: Business
Read More »PSG signs 'most promising player in the world'
Not content with making Neymar soccer’s most expensive player, French club Paris Saint-Germain has signed Kylian Mbappé — regarded as of one of the world’s most promising teenagers — from Monaco. Source: Sports
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