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BUSINESS

Corporate tax refunds dent fiscal 2026 revenue collection

Business, Wichit Chantanusornsiri, Published on 29/12/2025

» The government's net revenue collection during the first two months of fiscal 2026 amounted to 385 billion baht, 7% below target, mainly due to accelerated refunds of corporate income tax.

BUSINESS

Fiscal decline expected to pressure Thailand over the medium term

Business, Wichit Chantanusornsiri, Published on 27/12/2025

» In 2026, the incoming government is likely to face a host of internal and external challenges, with Thailand's fiscal position a longstanding problem that has become more strained amid sluggish economic growth.

BUSINESS

Government hunts for revenue as debt mounts

Business, Wichit Chantanusornsiri, Published on 08/12/2025

» The government's growing interest burden has steadily eroded treasury reserves over the past four years, prompting the administration to urgently look for ways to increase revenue before the country's credit rating is adversely affected.

BUSINESS

S&P stance backs state policy

Business, Wichit Chantanusornsiri, Published on 15/11/2025

» S&P Global Ratings' affirmation of Thailand's credit rating and outlook underscores confidence in the government's economic policies, which are focused on transparency and strong fiscal discipline, says Finance Minister Ekniti Nitithanprapas.

BUSINESS

Influencers and online sellers in Thai taxman’s sights

Wichit Chantanusornsiri, Published on 16/10/2025

» The Revenue Department has reiterated that all individuals who earn income — regardless of the source, including from online sales or influencer activities — are required to file and pay income tax.

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.

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.

BUSINESS

State collection undershoots target by B34.1bn

Business, Wichit Chantanusornsiri, Published on 01/10/2025

» The government's revenue collection for the first 11 months of fiscal 2025 fell short of its target by 34.1 billion baht due to lower collections than projected from auto excise tax, corporate income tax, and value-added tax (VAT) on imported goods.

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.

BUSINESS

Fiscal 2025 collection to miss target

Business, Wichit Chantanusornsiri, Published on 19/09/2025

» The government's revenue collection for fiscal 2025, which comes to a close at the end of this month, is expected to miss the state target.