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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

Thailand is losing ground to Vietnam

Business, Wichit Chantanusornsiri, Published on 23/02/2026

» Vietnam's GDP is likely to catch up with Thailand's within two years unless the latter undertakes meaningful economic reforms, warn two academics.

BUSINESS

Sepo sells shares in 16 companies

Business, Wichit Chantanusornsiri, Published on 09/06/2025

» The State Enterprise Policy Office (Sepo) has sold shares in more than a dozen companies to restructure its investment portfolio and increase asset values.

BUSINESS

Loan will fund Motorway extension to U-tapao airport

Wichit Chantanusornsiri, Published on 06/06/2025

» The Ministry of Finance has signed a 2.4-billion-baht loan agreement with the Asian Development Bank (ADB) to fund construction of an extension of Motorway No.7 to U-tapao airport.

THAILAND

'Master plan' hoped to trigger 3.5% economic growth

News, Wichit Chantanusornsiri, Published on 28/02/2025

» The government will come up with a master plan to boost the economy and achieve its growth target of 3.5% this year, Finance Minister Pichai Chunhavajira said.

BUSINESS

Trump effect mixed for Thailand

Business, Wichit Chantanusornsiri, Published on 23/01/2025

» Trump 2.0 policies, referring to strategies utilised by the US president in his second term, are expected to impact products such as computers, equipment and components, electronic devices, rubber products, and agricultural goods.

BUSINESS

State firm outlook buoyant

Business, Wichit Chantanusornsiri, Published on 03/01/2025

» The downward trend in interest rates and the expansion of the tourism sector will positively impact the performance of state enterprises this year, says the chief of the State Enterprise Policy Office (Sepo).

BUSINESS

Finance minister dismisses fears of Thai credit downgrade

Wichit Chantanusornsiri, Published on 22/10/2024

» Finance Minister Pichai Chunhavajira on Tuesday expressed optimism that Thailand would not face a credit rating downgrade, saying the kingdom still has strong potential for ongoing economic growth.

BUSINESS

Ministry confident of revenue collection target

Business, Wichit Chantanusornsiri, Published on 30/08/2024

» The Finance Ministry expects government revenue collection for this fiscal year will meet its target, although the tally for the first nine months has fallen short.

BUSINESS

Seeking new engines of growth

Wichit Chantanusornsiri, Published on 22/07/2024

» About 40 years ago, natural gas was discovered in the Gulf of Thailand, creating excitement across the country. This period marked the dawn of Thailand's golden era. Following this discovery, the Eastern Seaboard Development Project was initiated to develop the eastern coastal region. Foreign investment poured in, enabling the economy to expand at a double-digit rate while raising hopes that Thailand would become Asia's fifth tiger.