The Nation
NLA proposes VAT hike to 8 per cent
The National Legislative Assembly has agreed that the value-added tax should be increased from 7 per cent to 8 per cent. However, the final decision on the tax hike will be made by the Cabinet after the NLA submits its proposal for approval. The proposed VAT ...
Nation University pitches plan to tackle online sexual harassment
Nation University is waging a campaign against online sexual harassment to address a still largely ignored problem. The campaign has called on people to take a stand against sexual abuse. Supporters of the campaign are encouraged to express their support online and include #stopcybersexualharassment, @StopCSH or @Stopcybersexualharassment ...
Telecoms, media see profits slide
LISTED telecom, media and entertainment firms reported a drop in first-quarter net profit even though some of them recorded revenue growth, as their costs rose from both network installation and higher licence fees. Weighed down by costs. Companies in the telecoms, entertainment and media sectors ...
New media ombudsman set up
In-House Media ombudsmen were officially introduced for the first time on May 17 by the National Press Council of Thailand to improve effective self-regulation of the industry. The move came as the state has attempted to introduce a new media regulation bill that media groups ...
Flooding sweeps nation
AS THE weather bureau yesterday warned of heavy rains in upper Thailand, various provinces reported flooding and officials were told to monitor the situation in at-risk areas. Bangkok Metropolitan Administration Governor Aswin Kwanmuang said overnight rains had caused flooding at 25 areas but thanks to ...
SMEs in 8 provinces to get Pracha Rath loans
The Department of Industrial Promotion will extend loans initially totalling Bt20 billion from a Pracha Rath fund for SME development in eight provinces, starting with Songkhla on May 24. Eight provinces have been initially targeted for the programme. Besides Songkhla, they are Krabi, Chon Buri, ...
Asia houses 50% of the world’s most expensive cities
Asian cities dominate the list and five Asian cities are among the top 10 cities which are most expensive to live, as per the Economist Intelligence Unit’s Worldwide Cost of Living Survey. Singapore and Hong Kong retained the top two spots and Seoul came in sixth. ...
Lao PM visits Malaysia to boost ties
Lao prime minister Thongloun Sisoulith and his delegation were on an official visit to Malaysia from Tuesday to May 10 at the invitation of Prime Minister Najib Tun Abdul Razak. This is Thongloun’s first visit to Malaysia since taking the top government post a year ago. His ...
PTT subsidiary GPSC plans EV battery plant
Global Power Synergy, a subsidiary of PTT, plans to set up a factory in Thailand next year to make batteries for electric vehicles, PTT president and chief executive officer Tevin Vongvanich said recently. He said the company’s board visited a battery plant in the US city of ...
Three EEC projects to be proposed
A working group on the Eastern Economic Corridor set up by the Cabinet plans to propose to the EEC Committee at the end of this month that it open opportunities for the private sector to join in the development of three infrastructure projects worth a ...