Showing 1-10 of 14 results
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SMEs urged to look beyond Thailand
Business, Wichit Chantanusornsiri, Published on 28/11/2022
» The courage to venture to overseas frontiers and easier access to loans are the key factors to facilitate small and medium-sized enterprises (SMEs) becoming exporters, according to lenders and industry leaders.
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Panel to mull perks for EV batteries
Business, Wichit Chantanusornsiri, Published on 30/04/2022
» The National Electric Vehicle Policy Committee will consider promotion measures for the production of electric vehicle (EV) batteries in Thailand, says Excise Department director-general Lavaron Sangsnit.
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Cigarette tax hike likely pushed to 2021
Business, Wichit Chantanusornsiri, Published on 28/08/2018
» The Finance Ministry has informally delayed doubling the excise tax on cigarettes to 40% for another two years to October 2021, claiming the higher levy will be a heavy blow to state-run Thailand Tobacco Monopoly's (TTM) sales revenue, and impede on its plan to buy tobacco from local farmers.
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Excise change not expected to dent sales
Business, Wichit Chantanusornsiri, Published on 17/08/2018
» The Excise Department is confident that 90% of motorcycles sold in the country will see minimal impact from the new excise tax structure, which shifts the calculation basis from engine size to CO2 emissions.
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Fiscal discipline can still save the day
News, Wichit Chantanusornsiri, Published on 03/05/2018
» Fiscal security is of the utmost importance. When the country faces an economic crisis, every government must resort to stimulus measures to reinvigorate the economy. At times, some make use of fiscal measures to narrow the socio-economic gap. Either way, much money is needed.
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TTM feels the burn from cigarette levy
Business, Wichit Chantanusornsiri, Published on 28/11/2017
» The excise tax on cigarettes is taking a bite out of Thailand Tobacco Monopoly (TTM), which expects a 1.5-billion-baht loss this fiscal year, widening to 4-5 billion baht in fiscal 2020.
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Domestic car sales key to target
Business, Wichit Chantanusornsiri, Published on 04/02/2016
» Domestic sales of new vehicles will be a major factor in whether the Excise Department achieves this fiscal year's revenue collection target of 496 billion baht, says the department's chief.
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SME Bank inks deal with juice maker
Business, Wichit Chantanusornsiri, Published on 22/01/2016
» The state-run Small and Medium Enterprise Development Bank of Thailand (SME Bank) has signed a joint venture contract with an agricultural processing company.
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Transparency key in reshaping state enterprises
News, Wichit Chantanusornsiri, Published on 23/07/2015
» Few, if any, would question a government plan to reform state enterprises, or improve their performance.
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Customs hits car makers
Business, Wichit Chantanusornsiri, Published on 25/04/2015
» The Customs Department has asked Japanese car makers Toyota Motor Thailand (TMT) and Isuzu Motors (Thailand) to pay almost 13.5 billion baht total for understating taxes on imported auto parts.
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