Showing 1 - 10 of 19
Fiscal decline expected to pressure Thailand over the medium term
Business, Wichit Chantanusornsiri, Published on 27/12/2025
» In 2026, the incoming government is likely to face a host of internal and external challenges, with Thailand's fiscal position a longstanding problem that has become more strained amid sluggish economic growth.
Earthquake unlikely to damage Thai GDP
Business, Wichit Chantanusornsiri, Published on 01/04/2025
» The impact of last week's earthquake is unlikely to affect Thai GDP this year, says Deputy Finance Minister Paopoom Rojanasakul.
Minister seeks to escalate collaboration with China
Business, Wichit Chantanusornsiri, Published on 11/09/2024
» Thailand needs to ramp up collaboration with China to become a gateway for Chinese exports via the proposed land bridge project, says Finance Minister Pichai Chunhavajira.
Navigating new foreign income rules
Business, Wichit Chantanusornsiri, Published on 27/06/2024
» Benjamin Franklin famously said in reference to the US Constitution 235 years ago that only two things are certain in this world: death and taxes.
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.
IBank finally flourishes
Business, Wichit Chantanusornsiri, Published on 02/03/2024
» Over the past two decades, the Islamic Bank of Thailand (IBank) has faced numerous challenges in becoming the sole financial institution in the country to provide sharia-compliant financial services in accordance with Islamic principles, says president Thaweelap Rittapirom.
Dual rates cut into tobacco tax revenue
Business, Wichit Chantanusornsiri, Published on 06/02/2024
» Using a dual cigarette tax rate has reduced the government's cigarette tax revenue by roughly 23 billion baht, says Tobacco Authority of Thailand governor Poomjit Pongpanngam.
Tax reform efforts pose investment threat
Business, Wichit Chantanusornsiri, Published on 11/01/2022
» Major economies' attempts to revamp the global taxation system might tackle corporate tax avoidance but could also impact Thai tax incentives granted by the Board of Investment (BoI), said the Revenue Department's director-general Ekniti Nitithanprapas.
Panel tasked with revamping tax structure of departments
Business, Wichit Chantanusornsiri, Published on 27/08/2019
» The Finance Ministry has set up a committee to revamp the tax structure of the Revenue Department, the Excise Department and the Customs Department, says Finance Minister Uttama Savanayana.
E-stamp tax for beer brewers
Business, Wichit Chantanusornsiri, Published on 02/07/2019
» The Excise Department is about to require that local beer brewers adopt electronic stamp duty in October, aiming to fix a tax leakage problem as beer tax revenue continues to fall short of target.