Showing 1 - 10 of 19
Whither populism?
Business, Wichit Chantanusornsiri, Published on 16/01/2026
» Compared with the previous election, when some parties promised to distribute hundreds of billions of baht in cash and others pledged infrastructure projects worth trillions, the level of populism in campaign pledges during this election appears to have declined, which academics see as a positive development.
Fiscal Policy Office issues alert over B1tn debt burden for state agencies
Business, Wichit Chantanusornsiri, Published on 29/08/2025
» The Fiscal Policy Office (FPO) has insisted the government should use the budget under Section 28 of the State Financial and Fiscal Discipline Act only when necessary to avoid affecting the operations of state agencies, as the debt burden under this framework has already exceeded 1 trillion baht.
Auto sector dents recovery indicators
Business, Wichit Chantanusornsiri, Published on 29/11/2024
» The Thai economy continues to benefit from growth in exports, tourism and improved private consumption and investment, yet challenges persist in the automotive sector, according to the Fiscal Policy Office (FPO).
Department mulls carbon tax collection
Business, Wichit Chantanusornsiri, Published on 01/10/2024
» The Excise Department plans to initially implement a carbon tax rate on refined oil equivalent to Singapore's, according to the chief of the Excise Department.
Cabinet okays 10-year EEC visa for foreigners
Business, Wichit Chantanusornsiri, Published on 15/05/2024
» The cabinet has approved a special 10-year visa for executives and experts working in the Eastern Economic Corridor (EEC) to support the development of targeted industries in the country.
Confidence slips amid household debt woes
Business, Wichit Chantanusornsiri, Published on 31/08/2023
» The consumer confidence index dropped to 55.6 in July from 56.7 the previous month as consumers were concerned about household debt, says Fiscal Policy Office director-general Pornchai Thiraveja.
Department urges firms to home in on ESG
Business, Wichit Chantanusornsiri, Published on 08/08/2023
» The Excise Department is advising business operators to accelerate adjustments by focusing on manufacturing products in line with the environmental, social and governance (ESG) approach to prevent an embargo on imports, says director general Ekniti Nitithanprapas.
Bid to stop debt turning sour
Business, Wichit Chantanusornsiri, Published on 01/08/2023
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) has revealed it has around 300 billion baht in debt which requires close monitoring in order to prevent bad debt, said president Chatchai Sirilai.
Arkhom urges BAAC to rejig farmer debt
Business, Wichit Chantanusornsiri, Published on 26/06/2023
» Finance Minister Arkhom Termpittayapaisith has asked the Bank for Agriculture and Agricultural Cooperatives (BAAC) to restructure farmers' debts to reduce non-performing loans (NPLs) to 3-4% for this accounting year from nearly 8% year-on-year.
Fiscal status unfazed by continued tax discount
Business, Wichit Chantanusornsiri, Published on 18/01/2023
» The Finance Ministry is confident the cabinet's decision to extend the diesel excise tax cut by another four months will not affect the country's fiscal status as net revenue collection for fiscal 2023 is expected to exceed the target, says Deputy Finance Minister Santi Promphat.