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BUSINESS

Thai-Saudi ties deepen at Davos

Business, Wichit Chantanusornsiri, Published on 05/02/2026

» Thailand is pushing investment cooperation with Saudi Arabia, opening up new opportunities in the automotive, healthcare and financial sectors.

BUSINESS

Agency preps plan for the silver economy

Business, Wichit Chantanusornsiri, Published on 02/12/2025

» The government planning unit is crafting a comprehensive strategy for the "silver economy", a market valued at 2.45 trillion baht and projected to grow significantly as the nation transitions to an aged society.

BUSINESS

Budget for elderly welfare ballooning

Business, Wichit Chantanusornsiri, Published on 17/09/2025

» The budget for elderly welfare has surged, reaching 365 billion baht in fiscal 2026, which is 50% higher than 10 years ago, reflecting Thailand's transition to an ageing society, according to the Budget Bureau.

OPINION

No time to wait for Thai fiscal reform

Oped, Wichit Chantanusornsiri, Published on 17/09/2025

» The daunting mission of the four-month-old government led by Prime Minister Anutin Charnvirakul is to revive an economy that has been sluggish for a long time. Can the Anutin government deliver? After all, tackling "bread-and-butter" issues requires fiscal sustainability.

BUSINESS

NESDC chief calls for major reforms

Business, Wichit Chantanusornsiri, Published on 27/08/2025

» Thailand must take economic restructuring efforts more seriously for the country to move forward, says Danucha Pichayanan, secretary-general of the National Economic and Social Development Council (NESDC), who has overseen the country's economic and social policy for five years.

BUSINESS

Data lake to assist with fiscal policies

Business, Wichit Chantanusornsiri, Published on 20/08/2025

» The Finance Ministry's large database, also known as a data lake, is expected to help it design fiscal policies tailored to the specific needs of different regions of the country, says finance permanent secretary Lavaron Sangsnit.

BUSINESS

Coalition parties tense as economy falters

Business, Wichit Chantanusornsiri, Published on 03/06/2025

» Thai politics has not reached a dead end, but mounting pressure from a sluggish economy is likely to affect the future of the two main coalition parties -- Pheu Thai and Bhumjaithai -- according to a scholar on political economy.

BUSINESS

Revenue collection lags pre-Covid level

Business, Wichit Chantanusornsiri, Published on 06/05/2025

» The government's revenue collection remains below the pre-Covid period and lower than that of emerging economies, according to the Fiscal Policy Office (FPO).

BUSINESS

Call for Thai budget rejig

Business, Wichit Chantanusornsiri, Published on 16/04/2025

» Last year, for the first time in a decade, Thailand surpassed Malaysia in the IMD World Competitiveness Center's global rankings, coming in second in Southeast Asia behind Singapore, which retained the top spot at the regional level and was ranked as the world's most competitive economy.

BUSINESS

Unpacking the Top-Up Tax law

Business, Wichit Chantanusornsiri, Published on 11/01/2025

» The Top-Up Tax law is now being enforced in Thailand following its publication in the Royal Gazette.