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BUSINESS

TikTok affirms B270bn outlay in Thailand

Business, Wichit Chantanusornsiri, Published on 06/02/2026

» TikTok has confirmed its long-term investment plan in Thailand worth 270 billion baht, according to caretaker finance minister Ekniti Nitithanprapas.

BUSINESS

Whither populism?

Business, Wichit Chantanusornsiri, Published on 16/01/2026

» Compared with the previous election, when some parties promised to distribute hundreds of billions of baht in cash and others pledged infrastructure projects worth trillions, the level of populism in campaign pledges during this election appears to have declined, which academics see as a positive development.

BUSINESS

Thai govt loans to cushion blow of Trump tariffs

Wichit Chantanusornsiri, Published on 14/07/2025

» The Government Savings Bank (GSB) has been ordered to provide 200 billion baht in soft loans to support Thai entrepreneurs hit by US President Donald Trump's tariff measures.

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.

THAILAND

Casino legalisation bill gives government the final say

News, Wichit Chantanusornsiri, Published on 21/12/2024

» The government will determine where casino-entertainment complexes will be located to ensure fairness among bidders in the project, if the bill legalising gambling in the country becomes law, Deputy Finance Minister Julapun Amornvivat said.

THAILAND

Cannabis importer summoned

News, Wichit Chantanusornsiri, Published on 27/07/2022

» The Customs Department director-general has assigned a representative to file a complaint with police against an individual going by the name Julpaos Kresopon for making a false declaration to customs authorities regarding the type of goods he was importing.

BUSINESS

Excess revenue to help public

Business, Wichit Chantanusornsiri, Published on 19/03/2022

» If Thailand's revenue in fiscal 2022 exceeds the government target, the Finance Ministry will spend the excess money on easing people's living costs, says the ministry's permanent secretary Krisada Chinavicharana.

BUSINESS

Forecast suggests EV tax changes will be gradual

Business, Wichit Chantanusornsiri, Published on 08/11/2021

» The Finance Ministry will maintain a balance between supporting existing manufacturers of internal combustion engine-powered cars and promoting electric vehicles (EVs) in its restructuring of the overall vehicle excise tax system, said a ministry source who requested anonymity.

THAILAND

Creditors put off key vote on THAI

News, Wichit Chantanusornsiri, Published on 13/05/2021

» Creditors yesterday postponed a vote on Thai Airways' (THAI) debt restructuring plan until next week.

BUSINESS

THAI's state status is 'up to creditors'

News, Wichit Chantanusornsiri, Published on 24/04/2021

» Whether the state enterprise status of Thai Airways International Plc (THAI) will be returned depends on creditors, Finance Minister Arkhom Termpittayapaisith said on Friday.