Nation on Edge as Decision Day Approaches
The upcoming US tariffs are expected to have worldwide consequences and affect multiple countries unless negotiations for more favorable terms are reached before August 1. The United States plans to…
Thailand Will Not Eliminate All Tariffs on US Goods
Thailand will not agree to eliminate all tariffs on US goods during ongoing trade negotiations, as such a move could adversely affect domestic industries and strategic sectors, according to Deputy…
Thailand Reviews Increased Excise Taxes on Imported Electric Vehicles
The Ministry of Finance is exploring the possibility of increasing excise taxes on imported electric vehicles (EVs) that feature low levels of local content, especially focusing on electric pickup trucks.…
Thailand not spared, hit by “Trump tariffs”
U.S. President Donald Trump recently announced that Indonesia has become the third country to reach a trade agreement with the United States. This comes after the U.S. received assurances that…
Ajinomoto launches ready-to-eat porridge based on insights into modern consumer needs
Ajinomoto launches ready-to-eat porridge in response to modern consumers’ demand for convenient, quick, and healthy meals On July 17, Mr. Daisaburo Koga, Managing Director of Ajinomoto (Thailand) Co., Ltd., announced…
SCB Decides to Reduce Operations
Siam Commercial Bank (SCB) plans to reduce its business operations over the next 12 to 18 months due to an anticipated weaker outlook for the Thai economy. CEO Kris Chantanotoke…
Thailand Submits New Proposals to Alleviate US Tariff Burden
Thai officials are set to present fresh proposals to their US counterparts during trade talks scheduled for Wednesday night Thailand time, as part of the country’s ongoing effort to prevent…
Cryptocurrency Expected to Gain from Tax Exemptions
Thailand’s recent decision to exempt capital gains tax on cryptocurrency transactions for five years could attract a substantial amount of Thai capital—estimated at over US$60 billion currently held offshore—back into…
China and ASEAN in the Process of Updating Their Free Trade Agreement
China and the Association of Southeast Asian Nations (ASEAN) have reached an agreement to present a revised free trade agreement to their leaders for approval in October, according to Chinese…
Shares increase as investors remain unaffected by Trump’s threats
Asian stock markets advanced on Friday as investors interpreted U.S. President Donald Trump’s recent tariff threats as a strategic move aimed at gaining concessions in ongoing trade negotiations ahead of…