Showing 1 - 10 of 11
GSB issues green loans worth B27bn
Business, Wichit Chantanusornsiri, Published on 24/10/2023
» Government Savings Bank (GSB) has issued green loans worth 27 billion baht, ranging from personal loans to business loans, says senior executive vice-president Noppawan Ratanawekin.
Reform of EV duties urged
Business, Wichit Chantanusornsiri, Published on 14/02/2022
» The Finance Ministry plans to propose to the cabinet a reduction of the import duty for electric vehicles (EVs) to 40%, 20% and zero percent, each depending on the engine size, says Deputy Finance Minister Santi Promphat.
Planned fund to make electric cars cheaper
Business, Wichit Chantanusornsiri, Published on 26/11/2021
» A government fund is expected to subsidise the prices of electric vehicles (EVs) to keep them closer to the cost of cars powered by internal combustion engines, according to Finance Minister Arkhom Termpittayapaisith, as part of a promotion in Thailand.
Forecast suggests EV tax changes will be gradual
Business, Wichit Chantanusornsiri, Published on 08/11/2021
» The Finance Ministry will maintain a balance between supporting existing manufacturers of internal combustion engine-powered cars and promoting electric vehicles (EVs) in its restructuring of the overall vehicle excise tax system, said a ministry source who requested anonymity.
State preps incentives to spur EV demand
Business, Wichit Chantanusornsiri, Published on 26/10/2021
» The Finance Ministry stands ready to approve measures to promote the use of electric vehicles (EV), which is expected to significantly bring down the prices of imported EVs, said a source on the National Electric Vehicle Policy Committee.
Excise urges pickup's primacy
Business, Wichit Chantanusornsiri, Published on 09/06/2021
» Any proposed restructure of the vehicle excise tax should not affect the country's product champion, the one-tonne pickup, says a source at the Excise Department who requested anonymity.
Excise eyes levy rejig to promote EVs
Business, Wichit Chantanusornsiri, Published on 11/12/2020
» The Excise Department is studying a restructuring of the entire vehicle excise tax, as it wants to gear measures to facilitate the use of electric vehicles (EVs) and reduce fossil fuel use in Thailand.
Draft EV roadmap coming
Business, Wichit Chantanusornsiri, Published on 20/01/2020
» The government is drafting a roadmap for electric vehicle (EV) production to begin in Thailand within three years, says Finance Minister Uttama Savanayana.
Two companies starting EV production
Business, Wichit Chantanusornsiri, Published on 11/01/2020
» Two car makers will start manufacturing electric vehicles (EVs) in Thailand this year to take advantage of tax breaks, says Patchara Anuntasilpa, the Excise Department's director-general.
Excise rejig could boost electric vehicles
Business, Wichit Chantanusornsiri, Published on 19/11/2018
» The Excise Department could revise its tax structure for conventional cars by tightening greenhouse gas emission limits in a push to encourage electric vehicle (EV) production and usage in Thailand.