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Showing 1 - 10 of 131

BUSINESS

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.

BUSINESS

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.

BUSINESS

Office says fiscal space remains sound, though limited

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

» Thailand will still have sufficient fiscal space to cope with potential crises, while the likelihood of public debt breaching the statutory ceiling of 70% of GDP remains very low this year, says the Public Debt Management Office (PDMO).

BUSINESS

State rice support measures extended

Business, Wichit Chantanusornsiri, Published on 07/01/2026

» The cabinet has approved an extension of the government's rice support measures, citing ongoing volatility in the global rice market.

BUSINESS

New stimulus efforts target higher growth

Business, Wichit Chantanusornsiri, Published on 08/12/2025

» The government is preparing to promote year-end economic stimulus measures to encourage spending, aiming to lift fourth-quarter GDP growth above 1%.

BUSINESS

Office outlines expected goals for revised fiscal framework

Business, Wichit Chantanusornsiri, Published on 03/11/2025

» The revised medium-term fiscal framework should focus on strengthening revenue generation and rationalising government expenditure to reinforce fiscal credibility with ratings agencies, says the chief of the Fiscal Policy Office (FPO).

BUSINESS

State enterprises expedite investment spending push

Business, Wichit Chantanusornsiri, Published on 01/11/2025

» The government has been accelerating economic stimulus efforts, with state enterprises disbursing a total of 219 billion baht, equivalent to 82% of the planned investment framework.

BUSINESS

Budget for elderly welfare ballooning

Business, Wichit Chantanusornsiri, Published on 17/09/2025

» The budget for elderly welfare has surged, reaching 365 billion baht in fiscal 2026, which is 50% higher than 10 years ago, reflecting Thailand's transition to an ageing society, according to the Budget Bureau.

OPINION

No time to wait for Thai fiscal reform

Oped, Wichit Chantanusornsiri, Published on 17/09/2025

» The daunting mission of the four-month-old government led by Prime Minister Anutin Charnvirakul is to revive an economy that has been sluggish for a long time. Can the Anutin government deliver? After all, tackling "bread-and-butter" issues requires fiscal sustainability.

BUSINESS

Thailand's G-Token a borrowing innovation

Business, Wichit Chantanusornsiri, Published on 24/05/2025

» The current monetary system has long served as a medium of exchange for goods, but encrypted digital information systems are challenging that legacy.