Swiss retiree’s brutal attack on Thai woman sparks outcry in Trang
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Economy Thailand Rejects 0% Tax Deal with US, Cites Risk to Local Farmers
Picture courtesy of Khaosod Thailand has decisively rejected a 0% tax agreement with the US, citing significant potential impacts on its agriculture sector. The government is instead launching a 200 billion baht (£4.5 billion) soft loan scheme to support private sectors and farmers. Deputy Prime Minister and Finance Minister Pichai Chunhavajira made his position clear amidst rising pressure. Deputy Finance Minister Julaphan Amornwiwat affirmed the country’s firm stance, stating the 0% tax proposal is untenable due to international obligations and the vulnerable nature of the domestic agriculture sector. The 0% tax would necessitate similar concessions from other trading partners, creating a ripple effect that could destabilise local industries. Julaphan pointed to Vietnam’s agreement with the US, which permits exports at a 20% tax without reciprocating the same privilege, as an example of unilateral arrangements. Thailand’s commitment to its Free Trade Agreements with European and Asian nations, along with the Most Favoured Nation principle, makes a similar deal untenable without sparking demands for equivalent treatment from other countries. As diplomatic channels operate, Thailand continues to prioritise its domestic economy. Julaphan emphasised that maintaining the livelihoods of the private sector and farmers is paramount, along with safeguarding these sectors against adverse trade negotiations. To counteract global economic pressures, the government has earmarked a substantial package of 200 billion baht in soft loans. These loans aim to stabilise businesses, ensure continuous farming operations, and protect employment. Julaphan explained that the private sector must adapt to new market realities, with assistance to broaden their market scope being key. Julaphan urged local industries to diversify their markets and closely follow global trends, viewing crises as possible opportunities for growth. Attention was drawn to domestic production, indicating that goods benefiting from international tax privileges need to be audited for adequate local content. In his concluding remarks, Julaphan discussed the potential establishment of an entertainment complex, a topic not yet on the Cabinet's agenda. He suggested that a collective understanding is essential before further discussions can progress. Adapted by ASEAN Now from The Thaiger 2025-07-23 -
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Trying to put this in Pattaya news but cannot open from the drop-down list
Flying to Vietnam to play table tennis sounds a bit expensive. Why not try somewhere closer, like Laos? -
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Where to buy Compounded SEMAGLUTIDE Lyophilized Powder
I am in the Philipines I see kits like these for sale. https://medsgo.ph/prescription-medicines/diabetes/semaglutide-5mg/?srsltid=AfmBOor0DDDvZXwsQK6FRhXOYlMGSuPK1asAnJZtZASHWjJlVzU9RMpL The Philipines is generally much worse than Thailand for drug availability. Any idea where that powder can be purchased in Bangkok? -
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Any tips dealing with health insurance agents
No, it is not better, the premiums will be the same, agent or no agent. -
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Question regarding 90 days report
A post misquoting another poster has been removed.
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