Production date for 777-8 up in the air

SINGAPORE: The date of entry into service of Boeing Co’s ultra-long-range 777-8 wide-body airliner would depend partly on customer demand, an executive said, with the planemaker hoping to win an order from Qantas Airways to supply the plane for Sydney-London flights. Source: Business

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Fitch downgrades DTAC's outlook on leverage questions

Fitch Ratings has revised its outlook for Total Access Communication Plc (DTAC) to negative from stable to reflect expectations that the mobile phone service provider’s financial leverage by the year-end will increase to a level that is not commensurate with current ratings. Source: Business

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Commerce Ministry on track despite cuts

The Commerce Ministry’s priority plans for export stimulus, an income guarantee for farmers, cost-of-living supervision and trade talks will remain intact despite the ministry’s allocated budget for fiscal 2020 being cut by 7.7% or 599 million baht to 9.812 billion baht. Source: Business

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Tobacco tax gets the chop

The Excise Department will cut the tobacco tax to 2.5 satang per gramme from 10 satang for one year, starting Jan 1, 2020, to give farmers time to adjust. Source: Business

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