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Search Result for “weakening tax revenues”

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THAILAND

Analysts Reiterate Positive Calls on Minor International After 4Q25 Earnings Beat

Published on 18/02/2026

» Analysts maintained bullish views on Minor International (MINT) after the company reported 4Q25 core profit of around 3.53 billion baht, up 21% year-on-year, beating market expectations by up to 13%, driven by strong hotel performance and lower finance costs.

WORLD

Ukraine war talks to resume in Geneva as US signals progress

AFP, Published on 18/02/2026

» GENEVA — Ukrainian and Russian negotiators were to resume a second round of peace talks in Geneva on Wednesday, as Washington's top envoy signalled optimism in its bid to end Europe's deadliest conflict since World War II.

BUSINESS

Call for new stimulus for EV sales

Lamonphet Apisitniran, Published on 18/02/2026

» Thailand's automotive industry is urging the government to introduce new, non-monetary measures to stimulate demand for electric vehicles (EVs), including battery EVs (BEVs) and plug-in hybrid EVs (PHEVs).

BUSINESS

Tourism's 2-speed economy

Business, Narumon Kasemsuk, Published on 18/02/2026

» Tourism is a key industry for Thailand, but over the past decade it has faced a critical challenge: income disparity, with a sharp divide between a handful of major destinations and second-tier locations.

BUSINESS

Excise Department set to hit B578bn goal

Business, Wichit Chantanusornsiri, Published on 18/02/2026

» The Excise Department expects its revenue collection for this year to meet its target of 578 billion baht, after revenue collection during the first four months of fiscal 2026 exceeded the target by nearly 5%.

BUSINESS

Hotel operators call for restructure of land tax

Business, Narumon Kasemsuk, Published on 17/02/2026

» Hotel operators believe requesting land and building tax discounts on a yearly basis will not help the business sector reduce its fixed‑cost burden in the long run, and urged the government to revise this tax structure to be based on revenue, similar to the previous property tax.

BUSINESS

Emerging markets to triumph in 2026

Business, Nuntawun Polkuamdee, Published on 17/02/2026

» 2026 is expected to see a decisive rotation in global asset allocation, with emerging markets (EM) positioned to outperform developed markets (DM) as the US dollar enters a weakening cycle, according to analysts.

BUSINESS

State firms told to avoid borrowing when investing

Business, Wichit Chantanusornsiri, Published on 17/02/2026

» The Finance Ministry may require state-owned enterprises planning new investments to rely primarily on their own revenues to reduce the burden on public debt.

BUSINESS

Customs mulls duty hike on luxury goods

Business, Wichit Chantanusornsiri, Published on 16/02/2026

» The Customs Department is considering raising import duties on luxury goods to increase government revenue.

BUSINESS

Rethinking the central bank's role

Business, Published on 16/02/2026

» With Thai economic growth this year expected to sink to its weakest level in a decade, excluding the pandemic shock, Bank of Thailand governor Vitai Ratanakorn recently signalled a possible shift in the central bank's role, seeking more active engagement with problems in the real economy.