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BUSINESS

Minister clarifies digital services accord

Business, Wichit Chantanusornsiri, Published on 11/11/2025

» The Agreement on Reciprocal Trade between the US and Thailand regarding the exemption of import duties on digital services concerns the downloading of cross-border digital goods, not the provision of cross-border services or e-service tax, says Finance Minister Ekniti Nitithanprapas.

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BUSINESS

Co-payment data analytics system proves useful

Business, Wichit Chantanusornsiri, Published on 31/10/2025

» The Finance Ministry, which operates the "Khon La Khrueng Plus" co-payment scheme, has employed a data analytics system to analyse suspicious transactions and identify activities that do not comply with the programme's conditions.

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OPINION

Lottery retirement savings plan risky

Oped, Wichit Chantanusornsiri, Published on 23/10/2025

» Lotteries are among the oldest forms of betting. Yet in modern times, various governments have used this popular form of gambling to encourage financial savings among citizens and even retirees.

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BUSINESS

State enterprises vital to OECD negotiations

Business, Wichit Chantanusornsiri, Published on 17/10/2025

» The Organisation for Economic Co-operation and Development (OECD) is requiring Thailand ensure non-discrimination in the bidding processes of its state-owned enterprises (SOEs), while Thailand has requested a five-year period to implement the necessary adjustments.

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BUSINESS

Finance Ministry preps tax reform timeline

Business, Wichit Chantanusornsiri, Published on 14/10/2025

» The Finance Ministry is preparing a timeline for its tax reform plan, covering both tax increases and reductions.

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BUSINESS

PM's 'nightmare' is Vietnam surge

Business, Wichit Chantanusornsiri, Published on 09/10/2025

» Prime Minister Anutin Charnvirakul says it is a "nightmare" to see Thailand's economy lagging behind Vietnam.

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BUSINESS

Co-payment, welfare card schemes backed to lift GDP

Business, Wichit Chantanusornsiri, Published on 06/10/2025

» The Finance Ministry expects the "Khon La Khrueng" co-payment scheme and increased allowances under the state welfare card programme to lift private consumption by 0.87 percentage points.

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BUSINESS

New retirement lottery scheme slammed by critics

Business, Wichit Chantanusornsiri, Published on 03/10/2025

» Critics are arguing the new government's proposed online lottery for retirement savings is a weaker tool for building savings than the previous administration's "retirement lottery" programme.

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BUSINESS

New stimulus to turbocharge GDP

Business, Wichit Chantanusornsiri, Published on 02/10/2025

» New Finance Minister Ekniti Nitithanprapas says the government's economic stimulus plan will enable GDP expansion of more than 1% in the fourth quarter, up from an earlier forecast of just 0.3%.

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BUSINESS

Analyst urges narrower interest rate spread

Business, Wichit Chantanusornsiri, Published on 29/09/2025

» The new governor of the Bank of Thailand is being urged to prioritise narrowing the spread between lending and deposit interest rates, which is the highest in Southeast Asia, while also managing the baht to align with regional currencies.