Showing 1 - 10 of 122
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.
Import duty planned on Jan 1 for low-cost goods
Business, Wichit Chantanusornsiri, Published on 06/11/2025
» The Customs Department is preparing to impose import duties on goods valued less than 1,500 baht (the de minimis value) starting Jan 1 next year to create fair competition for domestic businesses.
Law granting rewards to customs officials faces the chop
Business, Wichit Chantanusornsiri, Published on 30/10/2025
» Thailand may have to repeal a law that grants rewards to customs officials for seizing smuggled goods in order to reduce trade barriers under the tariffs agreement with the US.
State enterprises vital to OECD negotiations
Business, Wichit Chantanusornsiri, Published on 17/10/2025
» The Organisation for Economic Co-operation and Development (OECD) is requiring Thailand ensure non-discrimination in the bidding processes of its state-owned enterprises (SOEs), while Thailand has requested a five-year period to implement the necessary adjustments.
Data lake to assist with fiscal policies
Business, Wichit Chantanusornsiri, Published on 20/08/2025
» The Finance Ministry's large database, also known as a data lake, is expected to help it design fiscal policies tailored to the specific needs of different regions of the country, says finance permanent secretary Lavaron Sangsnit.
Ministry prepares stimulus measures to counter tariff
Business, Wichit Chantanusornsiri, Published on 12/08/2025
» The Finance Ministry is preparing to roll out stimulus measures to offset the negative impacts of US tariffs, while also revving up its regulatory guillotine to enhance the country's competitiveness.
Pichai: US rate likely to be revealed by Saturday
Business, Wichit Chantanusornsiri, Published on 30/07/2025
» US tariffs on Thailand are expected to be announced on Aug 1 or 2, with the rate unlikely to remain at 36%, says Finance Minister Pichai Chunhavajira.
Tourism tax stimulus on the cards for low season
Business, Wichit Chantanusornsiri, Published on 30/07/2025
» The Revenue Department is considering tax measures to stimulate tourism during the low season, potentially allowing individuals to deduct up to 15,000 baht in travel expenses from their taxable income.
Tax rejig favours EVs with more local parts
Business, Wichit Chantanusornsiri, Published on 28/07/2025
» The Excise Department is preparing to adjust the excise tax structure for automobiles, linking it to the use of local content.
Budget Bureau allocates B87.36bn for stimulus projects
Wichit Chantanusornsiri, Published on 25/07/2025
» The Budget Bureau has allocated a total of 87.36 billion baht to fund 148 economic stimulus projects, according to Theerarak Saengsanit, deputy permanent secretary for finance.