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Search Result for “Revenue Department tax reform”

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BUSINESS

Two banks cut lending interest rates

Business, Somruedi Banchongduang, Published on 27/02/2026

» In response to the Bank of Thailand's policy rate cut on Wednesday, Bangkok Bank (BBL) and the Bank for Agriculture and Agricultural Cooperatives (BAAC) yesterday announced a reduction to their lending interest rates of 0.1 percentage points per year.

BUSINESS

BoT upgrades Thai GDP forecast after robust Q4

Business, Somruedi Banchongduang, Published on 25/02/2026

» The Bank of Thailand is upbeat about the country's growth prospects, projecting GDP expansion of 1.9% this year, up from its previous estimate of 1.5%, after the economy grew stronger than forecast in the fourth quarter of last year.

BUSINESS

Fitch says durable coalition crucial to fiscal outlook

Business, Somruedi Banchongduang, Published on 12/02/2026

» A durable coalition will be critical to Thailand's post-election fiscal outlook and would help reduce the risk of a sovereign rating downgrade, says Fitch Ratings.

BUSINESS

UOB: Economic growth depends on stability

Business, Somruedi Banchongduang, Published on 11/02/2026

» Effective implementation of the new government's policies will be pivotal in building investor confidence and attracting both foreign portfolio inflows and foreign direct investment (FDI) into Thailand, according to UOB Thailand.

BUSINESS

Banker slams parties' household debt vows

Business, Somruedi Banchongduang, Published on 09/02/2026

» As political parties compete to offer quick relief for struggling households, a leading Thai banker warns the country's debt crisis cannot be resolved with tax revenues or government spending alone.

BUSINESS

Growth to hit new depths

Somruedi Banchongduang, Published on 29/01/2026

» Thailand's economic growth this year is set to sink to a decade-long low, excluding the Covid-19 shock, as deep-seated structural problems, corruption and grey capital continue to weigh on the economy, Bank of Thailand governor Vitai Ratanakorn has warned.

BUSINESS

Reform effort urged for incoming administration

Business, Somruedi Banchongduang, Published on 16/01/2026

» The new government is being advised to step up efforts to pursue economic reforms, with a primary focus on the tourism, agriculture and industrial sectors, or risk economic growth of only 1–2% a year, economists say.

BUSINESS

Industrial decline forcing Thais into service jobs

Somruedi Banchongduang, Published on 08/01/2026

» The Bank of Thailand (BoT) has expressed concern over the weakening income outlook in the labour market, as an industrial slowdown continues to push workers into the service sector.

BUSINESS

Household debt to limit bank growth

Business, Somruedi Banchongduang, Published on 07/01/2026

» Thailand's elevated household debt is set to remain a key constraint on banking sector expansion in 2026, even as major domestic banks continue to target positive loan growth to support economic momentum.

BUSINESS

Restaurateurs face uptick in rivalry

Business, Somruedi Banchongduang, Published on 11/12/2025

» Competition in Thailand's restaurant sector is intensifying, setting the stage for slower growth next year, according to Kasikorn Research Center (K-Research).