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BUSINESS

Ministry eyes oil excise tax trims

Business, Wichit Chantanusornsiri, Published on 23/03/2026

» The Finance Ministry is weighing the extent of potential oil tax cuts to keep retail fuel prices at a level the economy can absorb, while also avoiding excessive impact on government revenue.

BUSINESS

Thailand is losing ground to Vietnam

Business, Wichit Chantanusornsiri, Published on 23/02/2026

» Vietnam's GDP is likely to catch up with Thailand's within two years unless the latter undertakes meaningful economic reforms, warn two academics.

BUSINESS

Agencies refine probe of Thaksin's assets

Business, Wichit Chantanusornsiri, Published on 25/11/2025

» The Revenue Department is preparing to further investigate former prime minister Thaksin Shinawatra's assets to recover the 17.6-billion-baht tax debt arising from share sales of Shin Corp, a telecom firm he founded, to Singapore's Temasek Holdings Pte.

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.

BUSINESS

Borrowing for fiscal 2026 set at B1.2tn

Business, Wichit Chantanusornsiri, Published on 13/10/2025

» The government plans new borrowing totalling 1.2 trillion baht for fiscal 2026, a slight decrease from 1.22 trillion in fiscal 2025.

BUSINESS

B150 billion available for ‘quick-win’ stimulus

Wichit Chantanusornsiri, Published on 17/09/2025

» The new Thai government has financial ammunition of roughly 150 billion baht to carry out its “quick-win” stimulus projects, according to a Ministry of Finance official who requested anonymity.

BUSINESS

FPO suggests tinkering with co-payment scheme

Business, Wichit Chantanusornsiri, Published on 15/09/2025

» The Fiscal Policy Office (FPO) has suggested designing the "Khon La Khrueng" co-payment scheme to be suitable for different areas and recommended the government's contribution should vary between weekdays and holidays, as well as for participants' income levels.

BUSINESS

Fiscal Policy Office issues alert over B1tn debt burden for state agencies

Business, Wichit Chantanusornsiri, Published on 29/08/2025

» The Fiscal Policy Office (FPO) has insisted the government should use the budget under Section 28 of the State Financial and Fiscal Discipline Act only when necessary to avoid affecting the operations of state agencies, as the debt burden under this framework has already exceeded 1 trillion baht.

BUSINESS

Would more debt fix the economy?

Business, Wichit Chantanusornsiri, Published on 17/05/2025

» A total of seven emergency loan decrees were issued from 1998 to 2021, authorising combined borrowings of 3.83 trillion baht to address various economic crises, including the Asian financial crisis and the Covid-19 pandemic.

BUSINESS

US to strictly enforce origin verification for exports

Business, Wichit Chantanusornsiri, Published on 28/04/2025

» The US has targeted 50-60 products for strict origin verification to prevent the circumvention of trade rules through false claims of origin for exports to the US, according to Finance Minister Pichai Chunhavajira.