Business

Phumtham puts the brakes on sugar price hike

  DEPUTY Prime Minister-cum-Commerce Minister Phumtham Wechayachai today (Oct. 30) halted a four-baht increase in the ex-factory price of sugar nationwide for the 2023/24 production season excluding VAT as earlier announced by the Cane and Sugar Board, Matichon newspaper said. Speaking after chairing a meeting of the Central Committee on Prices of Goods and Services

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Business Local news

Price of sugar hiked by 4 baht a kg

  THE CANE and Sugar Board last night (Oct. 27) announced a four-baht increase in the ex-factory price of sugar nationwide for the 2023/24 production season excluding VAT effective today, Naewna newspaper said. The announcement, signed by Mr. Rit Wisetsin, the board’s deputy secretary-general and acting secretary-general, said the new ex-factory price is to be

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Business

Gold eyes US$2,000 mark in speedy record-breaking run

By Reuters, published by Channel NewsAsia London/Bengaluru: Gold’s record rally is moving tantalisingly close to the psychologically key US$2,000 level, powered by investors seeking cover from Covid-19’s global economic toll, as reflected in dollar weakness, faltering stocks and US-China trade tensions. Spot gold prices have surged 53% in the last 14 months, blowing past 2011’s

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