Showing 1 - 10 of 11
Analyst urges united front on hardships
Business, Wichit Chantanusornsiri, Published on 06/04/2026
» Dealing with crises is not the responsibility of an individual or the government alone -- it requires a collective effort as new crises often arise before existing ones have been fully resolved, says an analyst from Thailand Development Research Institute (TDRI).
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.
Small firms feel the pinch amid an array of challenges
Business, Wichit Chantanusornsiri, Published on 31/08/2024
» Thai small and medium-sized enterprises (SMEs) remain trapped in a cycle of rising costs, declining revenues and weakening consumer purchasing power.
Inbound duty-free shops to be closed
Wichit Chantanusornsiri, Published on 02/07/2024
» The cabinet says duty-free shops in arrivals areas of international airports will be closed to encourage more spending by visitors in domestic stores, with projections for up to 3.5 billion baht a year of new local retail spending.
Insurance fund offers quick payout
Business, Wichit Chantanusornsiri, Published on 03/05/2024
» The General Insurance Fund (GIF) is presenting a choice to Covid-19 policyholders by offering a discounted rate for payment now instead of waiting for future payouts.
GIF rejigs borrowing rules for major liquidity boost
Business, Wichit Chantanusornsiri, Published on 19/05/2022
» The General Insurance Fund (GIF) has revised regulations to allow it to borrow more to increase liquidity in case the Office of the Insurance Commission (OIC) shuts down more insurance companies in the future, says permanent finance secretary Krisada Chinavicharana.
GIF seeking loan to handle claims
Business, Wichit Chantanusornsiri, Published on 05/04/2022
» The General Insurance Fund (GIF) is seeking a loan from Government Savings Bank in order to pay Covid-19 claims to policyholders of shuttered non-life insurance companies, says a source at the Finance Ministry who requested anonymity.
EXIM set to extend debt relief
Business, Wichit Chantanusornsiri, Published on 05/08/2021
» Export-Import Bank of Thailand (EXIM Thailand) is poised to extend the two-month debt relief period that began last month for its customers until the end of the year to ease their burden from the impact of the pandemic, said the bank's president Rak Vorrakitpokatorn.
Ministry sees four-year test for tourism sector
Business, Wichit Chantanusornsiri, Published on 03/12/2020
» The tourism industry, which accounts for 12% of Thailand's GDP, is expected to take at least four years to recover to the pre-pandemic levels, says the Finance Ministry.
Tax-collecting agencies unlikely to meet targets
Business, Wichit Chantanusornsiri, Published on 20/04/2020
» The revenue target for the three tax-collecting agencies this fiscal year is unlikely to be met after the Covid-19 outbreak disrupted business activities.