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Search Result for “tax reform”

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THAILAND

Referendum vote ‘must be respected’

Chairith Yonpiam, Published on 10/03/2026

» The People’s Party has called on the incoming government and the newly elected parliament to honour the outcome of the Feb 8 referendum and move forward with drafting a new constitution, warning that any delay would ignore the public mandate.

BUSINESS

Fiscal position ‘sufficient’ for fuel subsidies

Wichit Chantanusornsiri, Published on 10/03/2026

» The government is in good fiscal condition, with a buffer of 300 billion baht if it needs to guarantee loans for the Oil Fuel Fund for subsidies, according to the Ministry of Finance.

WORLD

Trump signals possible end to war, floats removing oil sanctions

Published on 10/03/2026

» US President Donald Trump said he plans to waive oil-related sanctions, have the US Navy escort tankers through the Strait of Hormuz and predicted the war with Iran would resolve “very soon” as he confronted mounting economic and political pressures after days of dramatic fluctuations in oil markets.

BUSINESS

Tourism braces for impact of Mideast war

Business, Narumon Kasemsuk, Published on 10/03/2026

» Thai tourism should brace for an influx of foreigners seeking a safe haven amid growing geopolitical conflict, similar to the surge experienced during the Russia-Ukraine War a few years ago, when Russian arrivals rose to 1.74 million in 2024, significantly impacting property markets in tourism cities.

BUSINESS

Restaurants call for anti-inflation support

Business, Somhatai Mosika, Published on 10/03/2026

» The Thai Restaurant Association is calling on the government to support the restaurant industry amid the ongoing conflict in the Middle East.

BUSINESS

Crisis seen as opportunity for Thailand

Business, Wichit Chantanusornsiri, Published on 10/03/2026

» The crises arising from geopolitics and geoeconomics may represent Thailand's last chance to adapt and seize new opportunities, according to caretaker finance minister Ekniti Nitithanprapas.

BUSINESS

State steps in as oil rockets to $100

Yuthana Praiwan, Published on 09/03/2026

» Thai energy authorities are preparing to secure loans from commercial banks to shore up the Oil Fuel Fund, which is rapidly running dry as global crude prices surge past US$100 per barrel amid the escalating US-Iran conflict.

WORLD

Dollar surges as US-Iran war pushes oil past $100 a barrel

Reuters, Published on 09/03/2026

» SINGAPORE: The dollar took ⁠another leg higher ⁠on Monday, jumping to a ​three-month peak on the euro as oil surged past $100 a barrel, stocks slid and investors headed for safety ​as protracted war in the Middle East threatened ‌to disrupt global energy supplies.

BUSINESS

Nominees 'manipulating' fragrant coconut market

News, Post Reporters, Published on 09/03/2026

» The government is stepping up measures to stabilise the fragrant coconut market after investigations uncovered foreign-backed businesses allegedly manipulating prices and harming farmers.

OPINION

Women can lead push for growth

Oped, Published on 09/03/2026

» Across the Global South, painful austerity measures such as benefit caps, pay freezes and subsidy cuts have followed donor governments' recent cuts to foreign aid. The policy pivot has had an especially dramatic impact on women -- costing them jobs, services and protections -- and is causing widespread economic hardship in many developing countries.