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BUSINESS

Customs mulls higher import duty rate

Business, Wichit Chantanusornsiri, Published on 12/01/2026

» The Customs Department is considering raising the import duty rate on goods with a low value and applying a single, uniform rate to promote fairer competition between domestically produced goods and imported products.

BUSINESS

Finance minister keen on interest rate cuts

Business, Wichit Chantanusornsiri, Published on 25/02/2025

» Interest rate cuts this year should be well-timed to support continuous economic growth, says Finance Minister Pichai Chunhavajira.

BUSINESS

Finance minister calls for rejigging of domestic investment

Business, Wichit Chantanusornsiri, Published on 05/11/2024

» Finance Minister Pichai Chunhavajira expects the trade war between the United States and China will intensify, regardless of who becomes the 47th US president.

BUSINESS

Thailand begins OECD membership process

Business, Wichit Chantanusornsiri, Published on 18/04/2024

» Thailand has developed a roadmap to become a member of the Organisation for Economic Co-operation and Development (OECD), a group of developed countries, aiming to elevate the country’s standards and broaden trade and investment opportunities.

BUSINESS

Shaving shipping risk

Business, Wichit Chantanusornsiri, Published on 15/03/2021

» The pandemic is a once-in-a-century crisis that will leave scars in the form of persistent economic damage, and some insurance companies see the risks as a ticking time bomb.

BUSINESS

Non-bank bill set for cabinet

Business, Wichit Chantanusornsiri, Published on 03/08/2018

» The Finance Ministry looks set to propose a draft bill on supervision of non-bank financial institutions to the cabinet, a measure meant to provide financial consumer protection, says a source familiar with the matter.

OPINION

Fiscal discipline can still save the day

News, Wichit Chantanusornsiri, Published on 03/05/2018

» Fiscal security is of the utmost importance. When the country faces an economic crisis, every government must resort to stimulus measures to reinvigorate the economy. At times, some make use of fiscal measures to narrow the socio-economic gap. Either way, much money is needed.