Showing 1 - 10 of 768
Fuel crisis upends state's fiscal plans
Business, Wichit Chantanusornsiri, Published on 17/04/2026
» The energy crisis may pose a challenge for the government in pursuing its fiscal plan, which aims to reduce the fiscal deficit to no more than 3% of GDP, increase revenue through a higher value-added tax (VAT), and keep public debt below 70% of GDP, according to the Finance Ministry.
Agency raises diesel price ceiling in cost formula
Business, Wichit Chantanusornsiri, Published on 17/04/2026
» The Comptroller General's Department has raised the diesel price ceiling used in calculating reference prices for public construction projects to no more than 69.99 baht per litre, in order to reflect the rising costs of government construction works resulting from the war in the Middle East.
Thailand targets national investment to boost growth
Business, Wichit Chantanusornsiri, Published on 17/04/2026
» The main pillar of Thailand's current economic strategy is to boost national investment, says Finance Minister Ekniti Nitithanprapas.
GH Bank aims to elevate operations with digital upgrade
Business, Wichit Chantanusornsiri, Published on 14/04/2026
» Government Housing (GH) Bank, a state financial institution specialising in housing loans, is preparing to upgrade its operations through digital transformation and the adoption of generative artificial intelligence (AI).
Office eyes B40bn via infrastructure funds
Business, Wichit Chantanusornsiri, Published on 07/04/2026
» Several state-owned enterprises (SOEs) are expected to raise a combined 40 billion baht through infrastructure funds, helping to ease the government's public debt burden as such liabilities are not classified as public debt, says the chief of the State Enterprise Policy Office (Sepo).
Thailand mulls windfall tax on oil refineries
Business, Wichit Chantanusornsiri, Published on 28/03/2026
» The Fiscal Policy Office (FPO) has acknowledged it is studying the feasibility of introducing a windfall tax on refinery businesses in Thailand.
Oil tax cuts possible if subsidies get too pricey
Wichit Chantanusornsiri, Published on 18/03/2026
» Officials at the Ministry of Finance are preparing measures to reduce excise taxes on fuel, as well as draft legislation to allow the Oil Fuel Fund to borrow additional funds to stabilise domestic prices.
Cabinet focuses on illicit tour operators
Business, Wichit Chantanusornsiri, Published on 18/03/2026
» The cabinet has instructed the Tourism and Sports Ministry to accelerate efforts to tackle the use of nominees in tourism businesses, including so-called "zero-dollar tours", as they affect the country's tourism industry.
Oil price spike forecast to slash Thai GDP growth
Business, Wichit Chantanusornsiri, Published on 18/03/2026
» Every US$10 increase in the oil price per barrel is expected to reduce Thai GDP by 0.2 percentage points, according to caretaker finance minister Ekniti Nitithanprapas.
Budget disbursement to be expedited
Business, Wichit Chantanusornsiri, Published on 12/03/2026
» Caretaker finance minister Ekniti Nitithanprapas has instructed government agencies and state enterprises to accelerate budget disbursement to help support the economy during this difficult period.