Car bookings at the 43rd Bangkok International Motor Show, which ended on Sunday, rose by 13.6% to 33,936 units, with electric vehicles (EVs) attracting interest from motorists following the government’s EV incentive package. The sales growth in the mi…
‘Tangmo’s manager admits giving false statements
The manager of Nida “Tangmo” Patcharaveerapong has admitted to a false statement charge by the police. Police are targeting another man believed to have guided all five people on board the boat from which the actress fell to her death on how to finesse…
City life is no fairy tale
After years of waiting, Bangkok voters will go to the much-anticipated gubernatorial election on May 22 to pick one of 17 candidates to tackle a myriad of problems the capital has been facing. These candidates have started banging the drums of their el…
Economists Seek Recession Clues in the Yield Curve
As yields on two-year Treasury notes last week moved above yields on 10-year notes, Wall Street analysts sent up warning flares. Economists — like ancient soothsayers divining the future — track how interest rates of different maturities vary for signa…
Land and building tax discount in effect for 2022
The land and building tax is still offering a payment discount this year according to the law passed to ease the burden on landowners, says Finance Minister Arkhom Termpittayapaisith. He said this is the last year the land and building tax law offers s…
Government preps incentives for 4 new economic corridors
The government looks set to settle investment incentives for four new economic corridors in four regions next month, a move aimed at increasing investment in the areas. According to Anak Meemongkol, deputy secretary-general of the National Economic and…
Food processors urge tariff waiver on metals
Food processors urge tariff waiver on metals Prices for tin, steel up more than 80% Thai food processors and the Thai Chamber of Commerce have called for an extension of anti-dumping (AD) duty waivers on tin plate and tin-free steel, used widely in can…
Depa forms alliance to drive 5G adoption
The Digital Economy Promotion Agency (Depa) and the Telecommunications Association of Thailand have signed an agreement to accelerate the spread and usage of 5G across as many business sectors as possible. The memorandum of understanding on cooperation…
Survey: Consumer confidence rallying
Survey: Consumer confidence rallying Research firm sees positives for housing A consumer confidence survey showed a large uptick in March from December 2021, with one possible outcome an increase in housing demand going forward, according to property r…
The Fed takes the red pill
The Fed takes the red pill US central bank finally realises inflation isn’t going away, but can it stop the surge in time? By Sonal Desai The US Federal Reserve has finally acknowledged the reality of the inflation problem. The uncertainty raised by th…