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Thailand: Personal privacy in the balance

The NLA-endorsed act on data protection aims to safeguard sensitive information and hold companies accountable  Data is hailed as the new “oil” of the 21st century, with digitalisation changing the landscape across every segment of society and business. When valuable and personal data can be exploited for personal or corporate gain, there is a need to […]

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Thailand: Tax cut eyed for EV batteries

The Excise Department is poised to cut taxes to encourage setting up electric vehicle (EV) battery plants in Thailand, says a source familiar with the issue.  The 8% excise tax imposed on batteries is likely to be slashed to support domestic EV battery production, but it’s too early to tell how big the tax cut […]

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Thailand: Asset Wise targets lower-priced condos

Property developer Asset Wise Co will focus on developing condos priced lower than 2 million baht a unit as the new loan-to-value (LTV) limits weaken the purchasing power of some buyers. Chief executive Kromchet Vipanpong said some condo buyers will be required by the new lending curbs to make a higher down payment, making them […]

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Thailand: Danone spies opportunity in local beverage market

Danone SA, one of the world’s biggest food and drink companies, is expanding into Thailand’s 200-billion-baht beverage industry to capitalise on the growing trend towards healthier products.  Floris Wesseling, regional vice-president for Danone Waters in Asia-Pacific and the Middle East, said during a visit to Thailand yesterday that the French company is paying more attention to expanding […]

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Thai women lead Asean peers in top management

THAILAND is performing better than its Asean peers in the proportion of women in top management, with a third of positions for chief executives and managing directors being held by them, a survey shows. The Asean rate for women at this level is 21 per cent, according the results of the survey, released by Grant […]

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Thailand: Tourism sector seen growing by 4% in 2019

BERLIN: The global travel industry is likely to expand by 4% in 2019 despite slowing economic growth in key areas such China and Europe, but a no-deal Brexit could wipe out 700,000 travel-related jobs, a top industry association said on Tuesday.  The travel and tourism sector grew 3.9% to $8.8 trillion in 2018, accounting for 10.5% […]

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