Showing 1 - 10 of 28
Oil fund seeks B150 billion in loan guarantees for fuel aid
Wichit Chantanusornsiri, Published on 31/03/2026
» The Oil Fuel Fund has sought a guarantee from the Ministry of Finance for 150 billion baht in loans to stabilise domestic fuel prices, amid rising energy pressures.
Ministry eyes oil excise tax trims
Business, Wichit Chantanusornsiri, Published on 23/03/2026
» The Finance Ministry is weighing the extent of potential oil tax cuts to keep retail fuel prices at a level the economy can absorb, while also avoiding excessive impact on government revenue.
Expert urges cutting reliance on US buyers
Business, Wichit Chantanusornsiri, Published on 02/09/2025
» The Thai government has been advised to reduce its dependence on the US market, which is expected to shrink under US President Donald Trump's reciprocal tariff policy.
NESDC chief calls for major reforms
Business, Wichit Chantanusornsiri, Published on 27/08/2025
» Thailand must take economic restructuring efforts more seriously for the country to move forward, says Danucha Pichayanan, secretary-general of the National Economic and Social Development Council (NESDC), who has overseen the country's economic and social policy for five years.
Pact expected to help double trade with European Union
Business, Wichit Chantanusornsiri, Published on 19/03/2025
» The Thailand-EU free trade agreement (FTA), expected to be signed this year, will help double Thailand’s trade with the European Union (EU) from its current level, according to Somjai Phagaphasvivat, an independent political and economic analyst.
Agency to rejig PHEV excise tax conditions
Wichit Chantanusornsiri, Published on 03/02/2025
» The Finance Ministry is poised to propose adjustments to the excise tax conditions for plug-in hybrid electric vehicles (PHEVs) to support manufacturers.
Excise taxes on cars to be restructured
Wichit Chantanusornsiri, Published on 03/01/2025
» The Excise Department is preparing restructure tax rates on automobiles to support the transition from internal combustion engine (ICE) vehicles to future mobility technologies, including electric and hydrogen-powered vehicles
Fears that rising loans could lead to debt trap
Business, Wichit Chantanusornsiri, Published on 26/11/2024
» The National Economic and Social Development Council (NESDC) has raised concerns about the rising trend of consumer loans, fearing that this could lead to a debt trap, a situation in which an individual, a household or even a country is forced to take new loans to repay existing debt obligations.
Call for auto taxes to match global shift
Wichit Chantanusornsiri, Published on 11/11/2024
» The structure of Thailand's automotive excise taxes must align with global trends, particularly the shift towards the electric vehicle (EV) industry, says Deputy Finance Minister Paopoom Rojanasakul.
Developing a strategy resilient to risk
Business, Wichit Chantanusornsiri, Published on 15/06/2024
» The original description of an economic cycle estimated it lasted for roughly a decade and included one crisis per cycle. Given recent severe global volatility, this definition no longer holds true.