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Search Result for “council”

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BUSINESS

Oil tax cuts possible if subsidies get too pricey

Wichit Chantanusornsiri, Published on 18/03/2026

» Officials at the Ministry of Finance are preparing measures to reduce excise taxes on fuel, as well as draft legislation to allow the Oil Fuel Fund to borrow additional funds to stabilise domestic prices.

BUSINESS

Oil price spike forecast to slash Thai GDP growth

Business, Wichit Chantanusornsiri, Published on 18/03/2026

» Every US$10 increase in the oil price per barrel is expected to reduce Thai GDP by 0.2 percentage points, according to caretaker finance minister Ekniti Nitithanprapas.

BUSINESS

Fiscal position ‘sufficient’ for fuel subsidies

Wichit Chantanusornsiri, Published on 10/03/2026

» The government is in good fiscal condition, with a buffer of 300 billion baht if it needs to guarantee loans for the Oil Fuel Fund for subsidies, according to the Ministry of Finance.

BUSINESS

Omnibus law sought to unlock investment

Business, Wichit Chantanusornsiri, Published on 25/02/2026

» The government is preparing to introduce an omnibus law to remove investment bottlenecks, with the hope of attracting 900 billion baht in actual investment this year from projects that have applied for investment promotion with the Board of Investment (BoI).

BUSINESS

Ekniti welcomes latest US tariff measures

Business, Wichit Chantanusornsiri, Published on 24/02/2026

» The latest US tariff measures, which impose a uniform 15% import tariff on goods worldwide, is seen as a positive signal for the Thai economy and is expected to help push Thailand's GDP growth above 2%, says caretaker finance minister Ekniti Nitithanprapas.

BUSINESS

Excise Department set to hit B578bn goal

Business, Wichit Chantanusornsiri, Published on 18/02/2026

» The Excise Department expects its revenue collection for this year to meet its target of 578 billion baht, after revenue collection during the first four months of fiscal 2026 exceeded the target by nearly 5%.

BUSINESS

Exim Bank offers B50bn lifeline to ailing exporters

Business, Wichit Chantanusornsiri, Published on 13/02/2026

» The Export-Import (Exim) Bank of Thailand has prepared a 50-billion-baht working capital facility to support exporters amid global economic volatility.

BUSINESS

Delay urged for online gold trade tax

Business, Wichit Chantanusornsiri, Published on 27/01/2026

» The Election Commission (EC) and the Council of State have indicated that a decision on imposing a specific business tax on gold trading via online platforms must await the formation of a new government.

BUSINESS

State rice support measures extended

Business, Wichit Chantanusornsiri, Published on 07/01/2026

» The cabinet has approved an extension of the government's rice support measures, citing ongoing volatility in the global rice market.

THAILAND

PM to discuss inter-agency data bureau system

News, Wichit Chantanusornsiri, Published on 07/01/2026

» Prime Minister Anutin Charnvirakul will attend a Finance Ministry subcommittee meeting Friday under the "Connect the Dots" initiative, aimed at establishing a data bureau system to tackle money laundering and illicit financial flows linked to grey capital.