Business

BANGKOK, 16 April 2019 (NNT) -The Department of Internal Trade has assured that the agency will take measures to bolster the lowered price of oil palm to a range of 3.20 baht to 3.50 baht per kilogram. Department of Internal Trade Director General Wichai Phochanakit said the Ministry of Commerce...

Sony’s share of the smartphone market has fallen sharply in recent years BEIJING/TOKYO, March 28 (Reuters) – Sony Corp will close its smartphone plant in Beijing in the next few days, a company spokesman said, as the Japanese electronics giant aims to cut costs in the loss-making business. Sony will shift...

BANGKOK, 1 April 2019 (NNT) – The Director-General of the Department of Trade Negotiations, Auramon Supthaweethum, said Thailand exported fruits worth 2.65 billion US dollars in 2018. This is a 17 percent increase year-on-year, driven by the country’s free trade agreements (FTA)...

BANGKOK, 13 April 2019 (NNT) - As a reduction in the global economic growth projection by the International Monetary Fund to 3.3% from 3.5%, and a new lower value of global trade expectations of 3.4% down from 4%,...

BANGKOK, 14 April 2019 (NNT) – In many provinces, tourists from around the world are enjoying themselves as they celebrate Songkran according to Thai traditions and local cultures. On Khao Niew Road in Khon Kaen province, the atmosphere was...

A couple of months ago, Thailand introduced a new Excise Tax law, officially called the Excise Tax Act B.E. 2560 (2017). The law – which came into effect on 16 September – brings together seven previous laws, and is designed to boost transparency, fairness and appropriateness, while improving regulations in...