The export recovery is set to hold steady for the remainder of the second quarter, but its knock-on effects on other sectors remain unclear, says a Bank of Thailand senior official. Source: Business

The Finance Ministry plans to introduce a negative income tax, a subsidy for those at the low end of the income scale, to help them cross the poverty line. Source: Business

Thailand’s world competitiveness ranking edged up one spot this year, helped by improvements in the economy and institutional framework. Source: Business

Thailand’s food exports are expected to fare better than earlier projected, fuelled by the world’s economic recovery, abundant raw materials and more value-added food items. Source: Business

A decision has yet to be made on a 50-million-baht land and buildings tax exemption for first homes, as the National Legislative Assembly is yet to complete its second reading of the proposal and some lawmakers have questioned whether the threshold is too high. Source: Business

Thavich Taychanavakul, a major shareholder of SET-listed renewable power producer Inter Far East Energy Corporation Plc (IFEC), announced he has resigned from the board of directors. Source: Business

The sales rate of condominiums in Nonthaburi has improved as the number of new projects launched in the past six months has slowed down, according to property experts. Source: Business

The Chearavanont brothers, led by Dhanin Chearavanont, honorary chairman of Charoen Pokphand (CP) Group, Thailand’s agriculture and food conglomerate, remain the wealthiest family in Thailand this year, according to Forbes magazine. Source: Business

The French love their tennis. Source: Sports

Days after she criticized Qantas for its support of same-sex marriage, Margaret Court — who has won more grand slams than anyone — claimed tennis is “full of lesbians.” Source: Sports