The Finance Ministry will propose to the cabinet today that the excise tax for spas be waived to help support the domestic tourism industry. Finance Minister Korn Chatikavanij said the proposal would cut the tax to zero from 10% now. Under the law, the excise tax for spas is set at a maximum of 20% of revenues, with an effective rate currently at...
Standard & Poor's Ratings Services said it lowered its corporate credit rating on steel coil maker G Steel to 'D' from...
AoT boss Serirat Prasutanond is caught in the crossfire of cronyism allegations involving a leading banker's son being appointed to a...
The country's second-largest developer, Preuksa Real Estate Plc (PS), has closed sales of a condominium in Lat Phrao recently approved by...
Home Product Center (HMPRO) 3Q09 performance is likely to remain solid with expected earnings growth of 10% yoy to Bt253mn....
Thirteen listed companies this year recorded an average return of 32% from their initial public offering prices, raising funds worth Bt5.66b,...
Thailand's IT industry slipped to 49th in the 2009 IT Industry Competitiveness Index from 42nd last year, due to declines in...
Central Group of Companies, a leading retailer and hotelier, has restructured its organisation by putting a younger generation in charge...
World oil prices weakened on Monday as recent weak economic data sparked fears about a recovery in the United States,...
GM Thailand's automotive assembly plant in the Eastern Seaboard province of Rayong was shut down yesterday as a result of...
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