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Thailand: Salt tax aims to change behaviour

Instant noodles, snacks and seasoning powder have been targeted for taxation on salty foods, with the Excise Department likely to apply World Health Organisation (WHO) guidance on dietary sodium intake capped at 2,000 milligrammes per day as a benchmark to determine the levy rates. The tax rates must be high enough to prompt consumers to […]

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Thailand: BoT governor warns of financial system risk from ultra-low rates

WASHINGTON: Huge global capital flows and prolonged ultra-low interest rate policies of advanced nations have made it harder for emerging economies to protect their financial system, Bank of Thailand Governor Veerathai Santiprabhob said on Sunday. Given a surge in the past decade of capital flows driven by global investors seeking “speculative returns,” emerging economies have […]

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Thailand: CPN retail course a hit with young

Three years after its inception, Central Pattana Plc (CPN) has seen its CPNlead programme provide training and support to 120 businesses, giving them a chance to sell products at CPN stores. CPN partnered with Thammasat University to develop an intensive retail course with opportunities for entrepreneurs to test the market and expand their business. CPN […]

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Thai central bank head warns of financial system risk from ultra-low rates

WASHINGTON: Huge global capital flows and prolonged ultra-low interest rate policies of advanced nations have made it harder for emerging economies to protect their financial system, Bank of Thailand Governor Veerathai Santiprabhob said on Sunday. Given a surge in the past decade of capital flows driven by global investors seeking “speculative returns,” emerging economies have […]

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Thailand turns to China for high-speed rail boost

Europe, Japan and Russia often come to mind when people think of lengthy high-speed railways (HSR). However, since 2012, the title of the country with the longest high-speed rail goes to China for its Beijing-Guangzhou route. The great leap forward of China’s HSR occurred over just two decades. Beijing officially announced a national policy in […]

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Thailand: Plastic industry in recycling push

Thais can profit from plastic waste, as well as help the environment, by adopting a more circular economy, according to one of the world’s largest plastic producers, Indorama Ventures Plc. The company’s senior vice-president Richard Jones told the Bangkok Post last week that plastic waste deserves proper management to prevent it from ending up in the ocean, […]

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