Showing 1 - 5 of 5
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.
Lower tobacco levy to help out farmers
Business, Wichit Chantanusornsiri, Published on 12/08/2019
» The Finance Ministry is planning to propose cutting the tobacco excise tax by one-fourth to lessen the impact on farmers after the previous government hiked the tax from 0.5 satang to 10 satang per gramme.
FPO rehashes bill to levy pollution tax
Business, Wichit Chantanusornsiri, Published on 19/02/2019
» The Fiscal Policy Office (FPO) has dusted off a bill that enables the Finance Ministry to impose taxes and fees on polluters in a fresh effort to fight environmental problems.
Savvy excise tax hike going up in smoke
News, Wichit Chantanusornsiri, Published on 06/09/2018
» I have a strong reason to oppose the recent decision by the Finance Ministry to delay an increase in excise tax on cigarettes for another two years, from next year to October 2021. The delay doesn't spell good news for the state coffers, which is one consideration. Another concern is that it would deal a harsh blow to the state's efforts to discourage young smokers.
Cigarette tax hike likely pushed to 2021
Business, Wichit Chantanusornsiri, Published on 28/08/2018
» The Finance Ministry has informally delayed doubling the excise tax on cigarettes to 40% for another two years to October 2021, claiming the higher levy will be a heavy blow to state-run Thailand Tobacco Monopoly's (TTM) sales revenue, and impede on its plan to buy tobacco from local farmers.