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BUSINESS

Treasury mulls overseas coin production as costs escalate

Business, Wichit Chantanusornsiri, Published on 08/04/2026

» The ongoing conflict in the Middle East has pushed up the Treasury Department's coin production costs, raising the possibility that 1-baht coins may eventually need to be minted overseas, where production costs are lower.

BUSINESS

Ekniti says fiscal position able to weather crisis

Business, Wichit Chantanusornsiri, Published on 02/04/2026

» The government's fiscal position remains strong and is sufficient to withstand shocks from an economic crisis, according to Finance Minister Ekniti Nitithanprapas.

BUSINESS

Expert urges cutting reliance on US buyers

Business, Wichit Chantanusornsiri, Published on 02/09/2025

» The Thai government has been advised to reduce its dependence on the US market, which is expected to shrink under US President Donald Trump's reciprocal tariff policy.

THAILAND

Casino bill delay likely for review by new cabinet

Wichit Chantanusornsiri, Published on 05/07/2025

» The controversial entertainment complex bill needs to be reviewed by the newly formed cabinet before proceeding with it further, Deputy Finance Minister Julapun Amornvivat said.

BUSINESS

Land and building tax collection to tally B43bn this year

Business, Wichit Chantanusornsiri, Published on 29/05/2024

» The Finance Ministry expects collection of the land and building tax this year to total 43 billion baht, 8 billion higher than last year as the tax discount is discontinued.

BUSINESS

Department promotes promising stars in lacklustre year

Business, Wichit Chantanusornsiri, Published on 18/04/2024

» The Revenue Department says there are significant challenges this year achieving tax collection targets because of the slowdown in economic activities, although it has identified five sectors that show promise.

BUSINESS

Srettha touts land bridge project

Business, Wichit Chantanusornsiri, Published on 26/10/2023

» The proposed land bridge project will be the world's largest megaproject, helping to elevate the Thai economy in the medium to long term, says Prime Minister Srettha Thavisin.

BUSINESS

Going global

Business, Wichit Chantanusornsiri, Published on 24/07/2023

» Why are Thai small and medium-sized enterprises (SMEs) unable to penetrate foreign markets as other countries do? Apart from a lack of courage in tackling obstacles to international trade, Thai SMEs' lack of research and development (R&D) is one of the key factors hindering them from entering the global market.

THAILAND

Govt to mull more stimuli for New Year

News, Wichit Chantanusornsiri, Published on 29/11/2022

» The Finance Ministry will on Tuesday submit to the cabinet for consideration a series of economic stimulus packages to boost consumer spending during the New Year period, a ministry source said.

BUSINESS

E-service tax poised to surpass B5bn

Business, Wichit Chantanusornsiri, Published on 22/02/2021

» The Revenue Department expects tax revenue collection from the upcoming e-service tax to tally more than 5 billion baht per year as the pandemic crisis has stirred traffic on online platforms.