Showing 1 - 10 of 29
Ekniti outlines new policy approach
Business, Wichit Chantanusornsiri, Published on 01/04/2026
» Any attempt to keep energy prices artificially low, in defiance of market mechanisms, could trigger a double whammy within the country, says Finance Minister Ekniti Nitithanprapas.
Oil price spike forecast to slash Thai GDP growth
Business, Wichit Chantanusornsiri, Published on 18/03/2026
» Every US$10 increase in the oil price per barrel is expected to reduce Thai GDP by 0.2 percentage points, according to caretaker finance minister Ekniti Nitithanprapas.
Fiscal position ‘sufficient’ for fuel subsidies
Wichit Chantanusornsiri, Published on 10/03/2026
» The government is in good fiscal condition, with a buffer of 300 billion baht if it needs to guarantee loans for the Oil Fuel Fund for subsidies, according to the Ministry of Finance.
Crisis seen as opportunity for Thailand
Business, Wichit Chantanusornsiri, Published on 10/03/2026
» The crises arising from geopolitics and geoeconomics may represent Thailand's last chance to adapt and seize new opportunities, according to caretaker finance minister Ekniti Nitithanprapas.
Finance Ministry downgrades Thai growth forecast
Wichit Chantanusornsiri, Published on 29/04/2024
» The Finance Ministry on Monday downgraded its economic growth forecast to 2.4% for this year, down from its previous projection of 2.8% in January.
Deputy puts 2024 inflation at 1.5%
Business, Wichit Chantanusornsiri, Published on 29/11/2023
» Economic risk factors for 2024 including natural disasters and government stimulus measures are expected to affect the Thai inflation rate, says Deputy Finance Minister Krisada Chinavicharana.
Growth forecast revised down to 3.5%
Business, Wichit Chantanusornsiri, Published on 27/07/2023
» The Fiscal Policy Office (FPO) has revised its forecast for this year's economic growth to 3.5%, down by 0.1%, due to a decrease in international tourism revenues and a slowdown in exports, said director-general Pornchai Thiraveja.
Prospects for diesel tax cut extension remain unclear
Business, Wichit Chantanusornsiri, Published on 24/06/2023
» The Excise Department is still uncertain whether it can extend the diesel excise tax cut under the interim government, says director-general Ekniti Nitithanprapas.
Thai growth slashed based on weak exports
Business, Wichit Chantanusornsiri, Published on 26/04/2023
» The Fiscal Policy Office (FPO) has downgraded its forecast for Thai economic growth this year to 3.6% from 3.8%, mostly based on expectations of an export contraction.
FPO maintains Thai GDP growth forecast
Business, Wichit Chantanusornsiri, Published on 28/01/2023
» The Fiscal Policy Office (FPO) has maintained its Thai economic growth forecast this year at 3.8%, in line with the continued rebound of the tourism sector and declining inflation.