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Monthly Archives: August 2017

Land tax gets yet another revamp

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

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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

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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

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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

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