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Fuel Consumption Increases in First Two Months of 2022
BANGKOK (NNT) - The Department of Energy Business has reported that fuel consumption in Thailand has risen in the first two months of 2022.According to Department of Energy...
PTT Backs “Team Thailand” to Boost EV Sector
BANGKOK (NNT) - PTT Public Co Ltd, the state-owned oil and gas giant, has suggested that the government and private sector establish “Team Thailand” to promote the Electric Vehicle (EV) segment. The aim would be to help promote Thailand as the “Detroit of Asia” in EV production. PTT President and...
China’s economy stumbles on power crunch
BEIJING (Reuters) – China’s economy hit its slowest pace of growth in a year in… Read the complete story on Thailand Business News
Thailand BOI Approves Extension of Investment Acceleration Package
Apart from a standard 5-8 years corporate income tax (CIT) exemption, project applications filed by end-2022 will be eligible for an additional 50% CIT reduction for a period of 5 years, on the condition they realize investment of not less than 1 billion baht within 12 months of the...
Stable outlook for APAC sovereigns as growth rebounds and debt stabilizes
Economic growth rates in Asia-Pacific are broadly rebounding and debt burdens stabilizing, giving rise to a stable outlook for sovereign creditworthiness in 2022. Still, the pace of recovery differs vastly, and some economies will experience deep economic scarring, according to a new report by Moody's Investors Service. Read the complete...
This is what global tax reforms could mean for Asia’s tech giants
A new set of agreed global tax reforms will change where tech giants and other global giants pay taxes, explain experts from the IMF. Investment hubs such as Singapore and Hong Kong SAR could lose up to 0.15% of GDP as a result. Read the complete story on Thailand Business...
Thailand BOI Approves Extension of Investment Acceleration Package
The Thailand Board of Investment (BOI) at a meeting today approved a number of policy measures, namely an extension of the investment acceleration package and EEC incentive package, special incentive package for Yothi Medical Innovation Zone and classification of AIT and TISTR as science and technology zones. In order to...
Thai Hom Mali Rice Named World’s Best Rice for Second Consecutive…
BANGKOK (NNT) - Thailand’s fragrant jasmine rice has won the World’s Best Rice Award for the second consecutive year. The 13th World’s Best Rice award ceremony was held from December 7-9 in Dubai by t Source link
