Showing 1 - 10 of 107
Fuel crisis upends state's fiscal plans
Business, Wichit Chantanusornsiri, Published on 17/04/2026
» The energy crisis may pose a challenge for the government in pursuing its fiscal plan, which aims to reduce the fiscal deficit to no more than 3% of GDP, increase revenue through a higher value-added tax (VAT), and keep public debt below 70% of GDP, according to the Finance Ministry.
Agency raises diesel price ceiling in cost formula
Business, Wichit Chantanusornsiri, Published on 17/04/2026
» The Comptroller General's Department has raised the diesel price ceiling used in calculating reference prices for public construction projects to no more than 69.99 baht per litre, in order to reflect the rising costs of government construction works resulting from the war in the Middle East.
Thailand targets national investment to boost growth
Business, Wichit Chantanusornsiri, Published on 17/04/2026
» The main pillar of Thailand's current economic strategy is to boost national investment, says Finance Minister Ekniti Nitithanprapas.
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.
Cabinet approves new top-up tax rules
News, Wichit Chantanusornsiri, Published on 31/12/2025
» The cabinet has approved in principle a set of decrees and regulations under the 2024 Top-Up Tax Act to specify detailed guidelines for the imposition and calculation of the tax, says Kulaya Tantitemit, director-general of the Revenue Department.
Nation urged to play to its strengths
Business, Wichit Chantanusornsiri, Published on 15/12/2025
» Thailand must recalibrate its strategic positioning to remain competitive in the evolving global landscape, concentrating only on sectors where it offers true strengths, rather than spreading its efforts across many industries as in the past through the 10-cluster policy, according to an economics analyst.
Agency to monitor growing scam threat
Business, Wichit Chantanusornsiri, Published on 27/10/2025
» The National Economic and Social Development Council (NESDC) has committed to regularly monitor and report on scam-related crimes, which have emerged as a growing social threat.
State enterprises vital to OECD negotiations
Business, Wichit Chantanusornsiri, Published on 17/10/2025
» The Organisation for Economic Co-operation and Development (OECD) is requiring Thailand ensure non-discrimination in the bidding processes of its state-owned enterprises (SOEs), while Thailand has requested a five-year period to implement the necessary adjustments.
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.
Call for measures to halt surge in bad debt
Business, Wichit Chantanusornsiri, Published on 10/06/2025
» The National Economic and Social Development Council (NESDC) wants to improve the conditions for debt restructuring to prevent special mention (SM) loans from deteriorating into non-performing loans (NPLs), after a noticeable increase in the former in last year's fourth quarter.