Showing 1 - 10 of 49
Ekniti outlines new policy approach
Business, Wichit Chantanusornsiri, Published on 01/04/2026
» Any attempt to keep energy prices artificially low, in defiance of market mechanisms, could trigger a double whammy within the country, says Finance Minister Ekniti Nitithanprapas.
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.
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.
Agency preps plan for the silver economy
Business, Wichit Chantanusornsiri, Published on 02/12/2025
» The government planning unit is crafting a comprehensive strategy for the "silver economy", a market valued at 2.45 trillion baht and projected to grow significantly as the nation transitions to an aged society.
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.
Coalition parties tense as economy falters
Business, Wichit Chantanusornsiri, Published on 03/06/2025
» Thai politics has not reached a dead end, but mounting pressure from a sluggish economy is likely to affect the future of the two main coalition parties -- Pheu Thai and Bhumjaithai -- according to a scholar on political economy.
Candidate put forward for Bank of Thailand chair role
Business, Wichit Chantanusornsiri, Published on 11/02/2025
» The Finance Ministry has nominated Somchai Sujjapongse, a former finance permanent secretary, as a candidate for chairman of the Bank of Thailand's board.
Loan sought for BAAC to offer financing
Business, Wichit Chantanusornsiri, Published on 27/01/2025
» The government is seeking a loan from the Asian Development Bank (ADB) for the Bank for Agriculture and Agricultural Cooperatives (BAAC) to re-lend to other state financial institutions, aiming to reduce the interest cost burden for small borrowers.
Online sales platforms being brought into tax system
Wichit Chantanusornsiri, Published on 04/09/2024
» The Ministry of Finance is preparing to bring online sales platforms into the Thai tax system after the cabinet resolved that the platforms must register for value-added tax (VAT).
Cheap imports levied VAT from July
Business, Wichit Chantanusornsiri, Published on 22/06/2024
» The Royal Gazette has announced the Finance Ministry will begin collecting value-added tax (VAT) on all imported goods, including those priced below 1,500 baht, effective from July 5.