Showing 1 - 10 of 34
Thailand is losing ground to Vietnam
Business, Wichit Chantanusornsiri, Published on 23/02/2026
» Vietnam's GDP is likely to catch up with Thailand's within two years unless the latter undertakes meaningful economic reforms, warn two academics.
Home seizures spike on bad debt
Business, Wichit Chantanusornsiri, Published on 25/11/2025
» The state planning unit has raised concerns about mortgage borrowers as new data shows a significant increase in homes being seized and put up for auction.
Official calls for rejig of 2026 budget
Business, Wichit Chantanusornsiri, Published on 22/09/2025
» The government is being urged to revise its 2026 budget strategy by trimming around 200 billion baht of "non-essential" spending to accommodate the incoming wave of foreign investment flowing out of China as a result of pressure from US President Donald Trump's policies.
Final phase of sugar tax takes effect
Business, Wichit Chantanusornsiri, Published on 10/04/2025
» Beverage manufacturers and producers of sweetened products that fail to reformulate their recipes to reduce sugar content face higher excise taxes under the final phase of the sugar tax now in effect, says the Ministry of Finance.
Unit anticipates GDP growth of up to 3.5%
Business, Wichit Chantanusornsiri, Published on 31/01/2025
» The Fiscal Policy Office (FPO) expects economic expansion of up to 3.5% is likely this year, rising from 2.5% last year.
Ministries to upgrade welfare database
Business, Wichit Chantanusornsiri, Published on 22/10/2024
» The Finance Ministry and the Social Development and Human Security Ministry are preparing to jointly improve the database of government welfare systems provided to all citizens to ensure greater transparency in terms of data and reduce the number of bogus applicants.
A closer inspection of negative income tax
Business, Wichit Chantanusornsiri, Published on 29/08/2024
» The first vision statement by former premier Thaksin Shinawatra, after 17 years away from Thailand, has garnered interest on several points, including the proposal of a negative income tax (NIT).
Study predicts most casino gamblers will be Thais
Business, Wichit Chantanusornsiri, Published on 26/08/2024
» The government's proposed entertainment complex project, which includes a casino, is expected to attract primarily Thai gamblers, accounting for up to 90% of customers, according to the Finance Ministry.
Inbound duty-free shops to be closed
Wichit Chantanusornsiri, Published on 02/07/2024
» The cabinet says duty-free shops in arrivals areas of international airports will be closed to encourage more spending by visitors in domestic stores, with projections for up to 3.5 billion baht a year of new local retail spending.
How VAT on cheap imported goods adds up
Business, Wichit Chantanusornsiri, Published on 02/05/2024
» Thailand has embraced the digital economy, with trade on foreign online platforms increasing rapidly, disrupting domestic entrepreneurs.