Showing 1 - 10 of 231
Import duties plunge thanks to strong baht
Business, Wichit Chantanusornsiri, Published on 20/02/2026
» The exchange rate, economic conditions and free-trade agreements (FTAs) have affected import duty revenue for the Customs Department, with collections 8% below target for the first three months of fiscal 2026.
Customs mulls duty hike on luxury goods
Business, Wichit Chantanusornsiri, Published on 16/02/2026
» The Customs Department is considering raising import duties on luxury goods to increase government revenue.
Pundit: Chinese goods the main threat
Business, Wichit Chantanusornsiri, Published on 29/01/2026
» The influx of low-priced goods from China has a far more severe impact than US tariffs on Thai products, says Somkiat Tangkitvanich, president of Thailand Development Research Institute (TDRI).
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.
PM urges insurers to step up flood payouts
Business, Wichit Chantanusornsiri, Published on 28/11/2025
» Prime Minister Anutin Charnvirakul has instructed insurance companies to expedite payouts for home and car insurance claims in the flood-affected areas in southern Thailand, with claimants only required to submit photos via Line or other designated channels to insurance companies as evidence.
Developers demand urgent measures
Business, Wichit Chantanusornsiri, Published on 24/11/2025
» Real estate developers have reiterated their calls for the government to expedite financial and tax relief measures, noting the sector is on track to record its lowest growth in two decades.
Import duty planned on Jan 1 for low-cost goods
Business, Wichit Chantanusornsiri, Published on 06/11/2025
» The Customs Department is preparing to impose import duties on goods valued less than 1,500 baht (the de minimis value) starting Jan 1 next year to create fair competition for domestic businesses.
Law granting rewards to customs officials faces the chop
Business, Wichit Chantanusornsiri, Published on 30/10/2025
» Thailand may have to repeal a law that grants rewards to customs officials for seizing smuggled goods in order to reduce trade barriers under the tariffs agreement with the US.
Economic decline deepens as consumer confidence dives
Business, Wichit Chantanusornsiri, Published on 30/09/2025
» Thailand's economy remained sluggish in August as private consumption slowed, farm incomes declined, and exports softened due to the impact of US tariffs, according to the Fiscal Policy Office (FPO).
Call to persist with existing debt relief schemes
Business, Wichit Chantanusornsiri, Published on 30/09/2025
» Former deputy finance minister Paopoom Rojanasakul expressed hope that the new government led by Prime Minister Anutin Charnvirakul will continue the debt relief programmes for Thais that have benefited nearly 6 million people.