Showing 1 - 10 of 683
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.
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.
Government moves to rev up fiscal 2026 spending
Business, Wichit Chantanusornsiri, Published on 17/03/2026
» As disbursement of the investment budget in the first five months of fiscal 2026 remains below target, caretaker finance minister Ekniti Nitithanprapas has instructed all ministries to prepare monthly disbursement plans to accelerate spending and ensure they meet their targets.
Fiscal position ‘sufficient’ for fuel subsidies
Wichit Chantanusornsiri, Published on 10/03/2026
» The government is in good fiscal condition, with a buffer of 300 billion baht if it needs to guarantee loans for the Oil Fuel Fund for subsidies, according to the Ministry of Finance.
Fake Thai exports face fresh crackdown
Business, Wichit Chantanusornsiri, Published on 06/03/2026
» Thailand faces closer scrutiny over products falsely claiming "Made in Thailand" status that are exported to the US, following a surge in Thai exports to the American market over the past year.
Import duties plunge thanks to strong baht
Business, Wichit Chantanusornsiri, Published on 20/02/2026
» The exchange rate, economic conditions and free-trade agreements (FTAs) have affected import duty revenue for the Customs Department, with collections 8% below target for the first three months of fiscal 2026.
Foreign investment applications rise 46% in January
Wichit Chantanusornsiri, Published on 19/02/2026
» Foreign investment applications under the Foreign Business Act were robust in January, with a total investment value of 33.8 billion baht, up 46% year-on-year, driven mainly by investors from China, Japan and Singapore.
Excise Department set to hit B578bn goal
Business, Wichit Chantanusornsiri, Published on 18/02/2026
» The Excise Department expects its revenue collection for this year to meet its target of 578 billion baht, after revenue collection during the first four months of fiscal 2026 exceeded the target by nearly 5%.
State firms told to avoid borrowing when investing
Business, Wichit Chantanusornsiri, Published on 17/02/2026
» The Finance Ministry may require state-owned enterprises planning new investments to rely primarily on their own revenues to reduce the burden on public debt.