Showing 1 - 10 of 311
Fuel crisis upends state's fiscal plans
Business, Wichit Chantanusornsiri, Published on 17/04/2026
» The energy crisis may pose a challenge for the government in pursuing its fiscal plan, which aims to reduce the fiscal deficit to no more than 3% of GDP, increase revenue through a higher value-added tax (VAT), and keep public debt below 70% of GDP, according to the Finance Ministry.
Co-payment scheme to expand in May
News, Wichit Chantanusornsiri, Published on 09/04/2026
» The Finance Ministry has confirmed the next phase of the "Khon La Khrueng" co-payment scheme will start in May, with an expanded reach aimed at easing the financial strain on households amid ongoing economic pressures.
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.
Co-pay scheme, emergency projects to get B300bn
Business, Wichit Chantanusornsiri, Published on 26/03/2026
» Roughly 300 billion baht in investment expenditure is expected to be available for transfer to the central budget to support the "Khon La Khrueng" co-payment scheme and urgent government emergency projects.
EVs become label-controlled
Wichit Chantanusornsiri, Published on 23/03/2026
» Electric vehicles (EVs) have officially been designated label-controlled products to ensure consumers can accurately compare the features of different brands before making a purchase.
Oil tax cuts possible if subsidies get too pricey
Wichit Chantanusornsiri, Published on 18/03/2026
» Officials at the Ministry of Finance are preparing measures to reduce excise taxes on fuel, as well as draft legislation to allow the Oil Fuel Fund to borrow additional funds to stabilise domestic prices.
Government moves to rev up fiscal 2026 spending
Business, Wichit Chantanusornsiri, Published on 17/03/2026
» As disbursement of the investment budget in the first five months of fiscal 2026 remains below target, caretaker finance minister Ekniti Nitithanprapas has instructed all ministries to prepare monthly disbursement plans to accelerate spending and ensure they meet their targets.
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.
Excise Department set to hit B578bn goal
Business, Wichit Chantanusornsiri, Published on 18/02/2026
» The Excise Department expects its revenue collection for this year to meet its target of 578 billion baht, after revenue collection during the first four months of fiscal 2026 exceeded the target by nearly 5%.
Foreign loan options to be kept in place
Business, Wichit Chantanusornsiri, Published on 12/02/2026
» The government is refusing to rule out overseas borrowing in order to preserve funding channels in case liquidity needs arise.