Mass Layoffs Loom as 7 Channels Quit Digital TV
BANGKOK — Hundreds of jobs are on the line after media regulators announced on Friday that seven digital TV channels are opting out of free-to-view broadcasting.
‘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.
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 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.
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.
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.
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.
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.
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.
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...
