Bangkok: The Federation of Thai Industries (FTI) pointed out that the 36% tax rate is higher than Malaysia and Vietnam, reflecting that Thailand is at a competitive disadvantage. It estimates the damage to the value of Thai exports at 800-900 billion …

Bangkok: Thailand is grappling with the consequences of a newly imposed 36% import tax by the United States, a development described as the worst outcome of recent negotiations. Former Finance Minister Kornakorn Chatikavanij expressed concerns that th…

Bangkok: Plastic industry group ready to cooperate with government to find a solution to the 36% tax, worried about order cancellations. Mr. Thititham Pongpanangam, Chairman of the Plastics Industry Club, Federation of Thai Industries (FTI), stated th…