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Finance minister defends tax on share sales

Finance minister defends tax on share sales

The reimposition of a financial transaction tax on share sales in the local stock market will create fairness in tax collection and reduce inequality, and should not have a big impact on the market, Finance Minister Arkhom Termpittayapaisith said on Friday.

16:17 1
Jet fuel demand drives surge in Thai fuel consumption

Jet fuel demand drives surge in Thai fuel consumption

Thai fuel consumption rose by 15.4% year-on-year in the first 10 months of 2022 as the pandemic eased, driven by an upsurge in jet fuel demand, according to the Department of Energy Business.

16:55

Tourism making gradual recovery

The recovery rate of Thai tourism was slower than in neighbouring countries because of a shortage of flights and the absence of key markets such as China, according to leading regional travel tech companies.

06:44 30
Tourism making gradual recovery

MPs oppose Skytrain fare increases

MPs from three major parties are opposing an increase in fares on Bangkok's Skytrain system, despite Bangkok governor Chadchart Sittipunt saying the fare hikes are in line with contractual obligations.

04:00 2
MPs oppose Skytrain fare increases

EXCHANGE RATE

Currency/Baht
Buy (Baht)
Sell (Baht)
EUR
36.2056
36.9463
GBP
42.1598
43.0133
HKD
4.4300
4.5148
JPY
25.3910
26.1043
USD
34.6289
34.9573
CNY
4.8692
5.0114
Source: Bank of thailand (2 Dec 2022)

SET

SET
1,641.63
-6.81
SET50
987.30
-7.06
SET100
2,222.33
-14.20
sSET
1,062.96
+2.22
SETCLMV
996.97
-5.80
SETHD
1,178.75
-9.17
SETTHSI
1,043.14
-7.31
Source: settrade.com (2 Dec 2022)
LATEST
17:38

Crypto exchange Zipmex set for $100m buyout

The embattled cryptocurrency exchange Zipmex Asia is poised to be acquired by a venture capital fund for about US$100 million in digital coins and cash, one of the first rescues in Asia since a wave of defaults ripped through the sector.

17:38
Crypto exchange Zipmex set for $100m buyout
16:55

Jet fuel demand drives surge in Thai fuel consumption

Thai fuel consumption rose by 15.4% year-on-year in the first 10 months of 2022 as the pandemic eased, driven by an upsurge in jet fuel demand, according to the Department of Energy Business.

16:55
Jet fuel demand drives surge in Thai fuel consumption
16:17

Finance minister defends tax on share sales

The reimposition of a financial transaction tax on share sales in the local stock market will create fairness in tax collection and reduce inequality, and should not have a big impact on the market, Finance Minister Arkhom Termpittayapaisith said on Friday.

16:17 1
Finance minister defends tax on share sales
09:00

Powell Signals Fed Ready to Slow Rate Rises This Month

Federal Reserve chair Jerome Powell provided a clear signal that the central bank is on track to raise interest rates by a half percentage point at its next meeting, stepping down from an unprecedented series of four 0.75-point rate rises aimed at combating high inflation.

09:00 1
Powell Signals Fed Ready to Slow Rate Rises This Month
06:44

Tourism making gradual recovery

The recovery rate of Thai tourism was slower than in neighbouring countries because of a shortage of flights and the absence of key markets such as China, according to leading regional travel tech companies.

06:44 30
Tourism making gradual recovery
06:00

CP chair offers upbeat outlook

Despite global challenges, business growth in Thailand will be positive next year, Dhanin Chearavanont, senior chairman of Charoen Pokphand Group, said.

06:00 55
Upbeat outlook
04:00

CP chief wants biz students in workforce at 18

Dhanin Chearavanont, the senior chairman of Charoen Pokphand (CP) Group, has suggested business students graduate from university at 18 instead of 22 years old so that they can join the workforce and help the country's economy by gaining experience earlier.

04:00 1
CP chief wants biz students in workforce at 18
04:00

MPs oppose Skytrain fare increases

MPs from three major parties are opposing an increase in fares on Bangkok's Skytrain system, despite Bangkok governor Chadchart Sittipunt saying the fare hikes are in line with contractual obligations.

04:00 2
MPs oppose Skytrain fare increases
04:00

EEC accelerates promotion push to attract private investments

The Eastern Economic Corridor (EEC) Office is speeding up efforts to encourage companies to join the government in transforming the economic zone into Thailand's high-tech industrial hub.

04:00
EEC accelerates promotion push to attract private investments
04:00

Thai Vietjet set to expand overseas routes

Thai Vietjet (TVJ) is preparing an aggressive plan for international expansion next year with the aim of increasing the portion of international flights to 67% from 41% this year, with new routes to destinations in China, India, Japan and Vietnam.

04:00

EXCHANGE RATE

Currency/Baht
Buy (Baht)
Sell (Baht)
EUR
36.2056
36.9463
GBP
42.1598
43.0133
HKD
4.4300
4.5148
JPY
25.3910
26.1043
USD
34.6289
34.9573
CNY
4.8692
5.0114
Source: Bank of thailand (2 Dec 2022)

SET

SET
1,641.63
-6.81
SET50
987.30
-7.06
SET100
2,222.33
-14.20
sSET
1,062.96
+2.22
SETCLMV
996.97
-5.80
SETHD
1,178.75
-9.17
SETTHSI
1,043.14
-7.31
Source: settrade.com (2 Dec 2022)