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BUSINESS

Nation urged to play to its strengths

Business, Wichit Chantanusornsiri, Published on 15/12/2025

» Thailand must recalibrate its strategic positioning to remain competitive in the evolving global landscape, concentrating only on sectors where it offers true strengths, rather than spreading its efforts across many industries as in the past through the 10-cluster policy, according to an economics analyst.

OPINION

Political instability adds to viral woes

News, Wichit Chantanusornsiri, Published on 05/03/2020

» The economy weakened last year thanks to the Sino-US trade war. This year, its health could worsen further due to two emerging factors. One is the Covid-19 outbreak which has hit the country's tourism industry hard. Another is potential political turmoil signalled by a series of "flash mobs" of students which gathered after the Constitutional Court's ruling to dissolve the Future Forward Party (FFP). If the rallies continue unabated, this year's growth could be worse than analysts predict.

BUSINESS

Political gifts sap B2.1bn

Business, Wichit Chantanusornsiri, Published on 07/01/2019

» Tax deductions for contributions to political parties are estimated to cost the government 2.1 billion baht a year in forgone revenue.

THAILAND

Deductions for political contributions approved

Business, Wichit Chantanusornsiri, Published on 09/10/2018

» The Revenue Department is allowing tax deductions for contributions to political parties, with a cap of 10,000 baht for individual taxpayers and 50,000 baht for companies.