Draft windfall tax on EEC agenda : Agency to discuss details of levy with Finance Ministry soon. The Eastern Economic Corridor (EEC) Office plans to talk with the Finance Ministry soon about a draft bill on taxing windfall gains to collect capital gains tax from companies, property owners and speculators that are expected to gain from inflated prices for plots as new infrastructure is developed in the three EEC provinces. Bangkok Post
Bureau counts 8 million Mice travellers in fiscal Q2 : Thailand saw more than 8 million Mice travellers generating 54 billion baht in the second quarter of fiscal 2019, increases of 2.9% and 6.3% yearon-year, says the Thailand Convention and Exhibition Bureau Bangkok Post
Three left standing in duty-free bid : Only three firms will compete for concessions to run duty-free shops at Samut Prakan’s Suvarnabhumi airport, after two potential bidders dropped out of the race Bangkok Post
GSB readies Bt5bn for welfare loans : Government Savings Bank (GSB) has set aside Bt5 billion for holders of state welfare cards to take out loans that help them learn new skills or find additional work to boost family incomes.
Thanathorn suffers setback in court : Future forward leader suspended from serving as mp as charter court agrees to hear EC’s case for disqualification . The constitutional Court yesterday agreed to hear the Election Commission (EC)’s plea to disqualify Future Forward leader Thanathorn Juangroongruangkit from the House of Representatives over his alleged shareholding in media company V-Luck. The Nation
New PM will be elected by month-end, says Wissanu : Thailand should have a new prime minister within this month, though it will take a while for the new Cabinet to take office, Deputy Prime Minister Wissanu Krea-ngam said yesterday. The Nation
PPRP ‘seals deal’ to form coalition govt : The political dust has begun to settle with the Palang Pracharath Party (PPRP) well on its way to leading the next government, joined by the Democrat and Bhumjaithai parties, according to military sources. Bangkok Post
FTI’s export forecast gets another trim : The Federation of Thai Industries (FTI) will revise its export growth projection for this year to 0-1%, blaming the deepening US-China trade war for dampening economic sentiment. Bangkok Post
New US measures to raise costs for food shippers : Thai food exporters are being urged to study and prepare for stringent new US measures on imported food aimed at combating increasing cases of foodborne illness Bangkok Post
Auto shipments hit 24-month low in April : Amid the escalating trade war between the US and China, Thailand’s car exports hit a 24-month low in April, according to the Federation of Thai Industries (FTI). The Nation, Thai exports pay price for US-China trade war : US markets the new hope after shipments slump to a 24-month low last month . Thai exports contracted in April by 2.6 per cent year on year, hitting their lowest level in 24 months, impacted by the US-China trade war, the Commerce Ministry said yesterday, adding it was setting its sights on replacing Chinese goods in the US market to make up for the decline in shipments. The Nation
