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BUSINESS

Crisis seen as opportunity for Thailand

Business, Wichit Chantanusornsiri, Published on 10/03/2026

» The crises arising from geopolitics and geoeconomics may represent Thailand's last chance to adapt and seize new opportunities, according to caretaker finance minister Ekniti Nitithanprapas.

BUSINESS

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.

BUSINESS

Delinquent student loan holders targeted

Business, Wichit Chantanusornsiri, Published on 13/01/2026

» The Student Loan Fund (SLF) is preparing to file lawsuits against around 100,000 SLF borrowers to enforce repayment of more than 10 billion baht in unpaid debt.

BUSINESS

Import duty planned on Jan 1 for low-cost goods

Business, Wichit Chantanusornsiri, Published on 06/11/2025

» The Customs Department is preparing to impose import duties on goods valued less than 1,500 baht (the de minimis value) starting Jan 1 next year to create fair competition for domestic businesses.

BUSINESS

Rules changes to speed up state agency spending

Business, Wichit Chantanusornsiri, Published on 01/11/2025

» The Comptroller-General's Department has reformed budget disbursement processes to expedite the injection of more than 4 trillion baht into the economy.

OPINION

Lottery retirement savings plan risky

Oped, Wichit Chantanusornsiri, Published on 23/10/2025

» Lotteries are among the oldest forms of betting. Yet in modern times, various governments have used this popular form of gambling to encourage financial savings among citizens and even retirees.

BUSINESS

US tariffs to be cushioned by B25bn state package

Business, Wichit Chantanusornsiri, Published on 25/07/2025

» The Finance Ministry is allocating an additional 25 billion baht in the 2026 fiscal budget to mitigate the impact of tariff measures imposed by US President Donald Trump.

BUSINESS

EV subsidy suspensions to be clarified

Wichit Chantanusornsiri, Published on 17/06/2025

» The Thai government is looking to revise the rules for subsidy payments to electric vehicle (EV) manufacturers, as it seeks to clarify the conditions for suspending payments to firms unable to meet local production requirements.

BUSINESS

Call for Thai budget rejig

Business, Wichit Chantanusornsiri, Published on 16/04/2025

» Last year, for the first time in a decade, Thailand surpassed Malaysia in the IMD World Competitiveness Center's global rankings, coming in second in Southeast Asia behind Singapore, which retained the top spot at the regional level and was ranked as the world's most competitive economy.

BUSINESS

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.