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Search Result for “finance”

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BUSINESS

Oil tax cuts possible if subsidies get too pricey

Wichit Chantanusornsiri, Published on 18/03/2026

» Officials at the Ministry of Finance are preparing measures to reduce excise taxes on fuel, as well as draft legislation to allow the Oil Fuel Fund to borrow additional funds to stabilise domestic prices.

THAILAND

PTTEP to Launch AAA-Rated USD & THB Debentures

Published on 18/03/2026

» Bangkok, 18 March 2026 – PTTEP plans to issue new debentures in two currencies: Digital USD Debentures, marking Asia’s first fully digital USD-denominated debenture offering for retail investors via the Pao Tang application, and THB Debentures tailored for institutional and high-net-worth investors. The issuance aims to broaden investment opportunities in a company with strong and sustainable growth potential, underscored by the highest “AAA” credit rating from TRIS Rating. The debentures are expected to be offered by the second quarter of 2026.

BUSINESS

Cabinet focuses on illicit tour operators

Business, Wichit Chantanusornsiri, Published on 18/03/2026

» The cabinet has instructed the Tourism and Sports Ministry to accelerate efforts to tackle the use of nominees in tourism businesses, including so-called "zero-dollar tours", as they affect the country's tourism industry.

THAILAND

Panel puts pay hike on hold

News, Post Reporters, Published on 18/03/2026

» The tripartite wage committee has unanimously agreed that now is not the right time to consider a minimum wage increase, citing uncertainty over the economic fallout from the war in the Middle East and the need to closely monitor energy prices.

BUSINESS

Oil price spike forecast to slash Thai GDP growth

Business, Wichit Chantanusornsiri, Published on 18/03/2026

» Every US$10 increase in the oil price per barrel is expected to reduce Thai GDP by 0.2 percentage points, according to caretaker finance minister Ekniti Nitithanprapas.

OPINION

Lesson from India to avoid the middle-income trap

Oped, Published on 18/03/2026

» Among Indian Prime Minister Narendra Modi's most ambitious goals is to transform his country into a developed economy by Aug 15, 2047 -- the centenary of Indian independence. Given India's growth record over the past two decades, the speed and scale of its infrastructure development in recent years, and the Modi government's willingness to enact large-scale economic reforms, India is likely to become one of the few developing countries to avoid the middle-income trap.

BUSINESS

Economist signals risk from oil shortages

Published on 17/03/2026

» Thailand faces a heightened risk of oil shortages as the country relies more heavily on imported energy than most of its regional peers, according to the research centre of Kiatnakin Phatra Financial Group (KKP).

BUSINESS

Vietnam firms vie for crypto licences as Hanoi plans ban on overseas trading

Reuters, Published on 17/03/2026

» HANOI - Vietnamese companies are competing to launch the country's ‌first licensed cryptocurrency exchanges as the government moves to curb trading on overseas platforms in one of the world's most active crypto markets.

THAILAND

Pump prices will start to rise on Wednesday

Online Reporters, Published on 17/03/2026

» The government will let retail fuel prices rise gradually from Wednesday but will heavily subsidise the pump price of standard diesel.

THAILAND

FINNIX partners with Tellscore to strengthen Thailand’s creator economy

Online Reporters, Published on 17/03/2026

» As the Creator Economy rapidly expands and becomes one of Thailand’s most promising industries, FINNIX and Tellscore have launched “The Creator Lab.”