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BUSINESS

Minister clarifies digital services accord

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

» The Agreement on Reciprocal Trade between the US and Thailand regarding the exemption of import duties on digital services concerns the downloading of cross-border digital goods, not the provision of cross-border services or e-service tax, says Finance Minister Ekniti Nitithanprapas.

BUSINESS

Ministers urged to act fast

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

» If the planned stimulus measures are implemented wisely and reinforced by public confidence in the new government's economic team, they could generate momentum for the Thai economy, enabling it to move forward and break free from stagnation, says Kiatanantha Lounkaew, an economics professor at Thammasat University.

BUSINESS

Platform being prepped for phase 3 of handout

Business, Wichit Chantanusornsiri, Published on 27/12/2024

» The third phase of the government's 10,000-baht cash handout scheme will be distributed through a digital payment platform, according to Deputy Finance Minister Julapun Amornvivat.

BUSINESS

Fate of N3 lottery hangs in the balance

Business, Wichit Chantanusornsiri, Published on 25/11/2024

» The government may reconsider the sale of three-digit lottery tickets, or N3, if the experimental phase fails to effectively address the issue of underground lotteries.

PROPERTY

Hunting for a place at the financial table

Wichit Chantanusornsiri, Published on 16/08/2024

» Amid the wreckage of the 1997 Asian financial crisis, also known as the "Tom Yum Kung" crisis, the Thai financial sector worked to develop a strong and resilient infrastructure.

BUSINESS

Stimulus measures on the agenda

Business, Wichit Chantanusornsiri, Published on 25/05/2024

» The first meeting of economic ministers slated for Monday will focus on discussions for new measures to stimulate the economy, says Deputy Finance Minister Julapun Amornvivat.

BUSINESS

Tapping a vast market

Business, Wichit Chantanusornsiri, Published on 12/02/2024

» The restoration of diplomatic relations between Thailand and Saudi Arabia in 2022 following a 30-year break has created new opportunities for Thailand to tap into demand for its halal products in Middle Eastern markets.

BUSINESS

VAT payment of e-service tax beats estimates

Business, Wichit Chantanusornsiri, Published on 22/01/2022

» The number of foreign online platform operators registering to pay value-added tax (VAT) in Thailand has increased to around 120 following enforcement of the e-service tax law last year, says Ekniti Nitithanprapas, director-general of the Revenue Department.

BUSINESS

B1 trillion to beat Omicron

News, Wichit Chantanusornsiri, Published on 03/12/2021

» The government will inject around one trillion baht into the economy next year to cushion against any volatility that may be caused by the Omicron variant of Covid-19, Finance Minister Arkhom Termpittayapaisith said on Thursday.

BUSINESS

VAT law for foreign sites takes effect

Business, Wichit Chantanusornsiri, Published on 02/09/2021

» The Revenue Department expects around 100 foreign e-service providers to register to pay value-added tax (VAT) in Thailand during the initial stage of the e-service tax law enforcement on Sept 1, says director-general Ekniti Nitithanprapas.