29 C
Wednesday, June 19, 2019

‘Big Bikes’ May be Slapped With 18% Tax, Gov’t Source Says

BANGKOK — A proposed tax hike on buyers of high-powered sports motorcycles will soon be submitted to the Cabinet for consideration for its larger carbon footprint, a source said.
A file photo of Thi Lo Su waterfall in Tak province.

Gov’t Delays 1,500 Baht Tourism Subsidy

BANGKOK — The Ministry of Tourism clarified Tuesday that a proposal to provide cash handouts to tourists visiting lesser-known provinces has yet to be approved by the cabinet.
Dhanin Chearavanont

Dhanin Resigns as Chairman of CP’s Food Subsidiary

BANGKOK — Thailand’s richest man has stepped down as chairman of Charoen Pokphand Foods, the company announced Wednesday.
A file photo of rows of concrete pillars left behind from the unfinished ‘Hopewell Project.’ Photo: Matichon

Court Orders Govt Pay 12B Baht Over Failed ‘Hopewell Project’

BANGKOK — A top court on Monday ordered the government to pay 12 billion baht to a Hong Kong construction firm over Bangkok’s unfinished “Hopewell Project,” aborted more than two decades ago.
Photo: Dean Moriarty / Pixabay

Junta Gives Licence Payment Break to Telecom Giants

BANGKOK — Junta leader Prayuth Chan-ocha has exercised his absolute power to extend the period for three telecom giants to pay their state licensing fees.
Photo: Igor Ovsyannykov / Pixabay

Govt Mulls Tax Hike on Non-Alcoholic Beer

BANGKOK — The government said it’s considering a tax increase on alcohol-free beer in order to discourage drinkers from eventually switching to alcoholic drinks.
Investors monitor stock prices Monday at a brokerage house in Beijing. Photo: Andy Wong / Associated Press

Global Shares Mixed After China-US Trade Talks Show Progress

BANGKOK — Shares slipped in early trading in Europe on Monday following a mixed day in Asia after trade talks between China and the US wrapped up with officials on both sides claiming progress.
A woman walks past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Monday, April 1, 2019. Photo: Vincent Yu / Associated Press

World Shares Surge on Improved China Manufacturing Data

BANGKOK — Shares surged Monday in Europe and Asia after the release over the weekend of encouraging manufacturing data in China that suggest government stimulus may be gaining traction.
Bhumjaithai Party leader Anutin Charnvirakul has gone all in on legalization of cannabis. He leads the largest party to call for full legalization.

In Thailand, Govt Leads the Monetization of Cannabis

Selling dried cannabis to pharmaceutical companies as well as Cannabidiol (CBD) and Tetrahydrocannabinol (THC) extracts as soon as it is licensed, is the intention...
An investor monitors share prices at a brokerage house in Beijing, Wednesday, March 27, 2019. Photo: Andy Wong / Associated Press

Asian Shares Mixed Following Rebound on Wall Street

BANGKOK — Shares were mixed in Asia on Wednesday after US stocks finished broadly higher on Wall Street, erasing modest losses from a day earlier.





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