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Search Result for “Times Higher Education”

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BUSINESS

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.

BUSINESS

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).

BUSINESS

Ekniti outlines new policy approach

Business, Wichit Chantanusornsiri, Published on 01/04/2026

» Any attempt to keep energy prices artificially low, in defiance of market mechanisms, could trigger a double whammy within the country, says Finance Minister Ekniti Nitithanprapas.

BUSINESS

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.

BUSINESS

SME loan demand deteriorates in Q1

Business, Wichit Chantanusornsiri, Published on 25/03/2026

» Confidence among small and medium-sized enterprises (SMEs) fell sharply in the first quarter, driven by mounting concerns over rising costs linked to the energy crisis and a slowdown in lending, according to the latest survey by the SME Development Bank of Thailand (SME D Bank).

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

Bigger role planned for SMEs in supply chains

Business, Wichit Chantanusornsiri, Published on 21/03/2026

» The Finance Ministry is preparing tax reduction measures for large businesses that help bring small and medium-sized enterprises (SMEs) into their supply chains, in a bid to help upgrade local SMEs.

BUSINESS

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.

BUSINESS

GH Bank allays concerns over financial stability amid war

Business, Wichit Chantanusornsiri, Published on 17/03/2026

» The Government Housing (GH) Bank has sufficient financial stability to withstand a potential economic crisis that could arise from the war in the Middle East, says the bank's chief.

BUSINESS

TCG provides B14.5bn in credit guarantees for SME loans

Business, Wichit Chantanusornsiri, Published on 13/03/2026

» In the first two months of this year, the Thai Credit Guarantee Corporation (TCG) provided credit guarantees worth 14.5 billion baht to small and medium-sized enterprises (SMEs), an increase of 4.4 times year-on-year, driven by government support measures.