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BUSINESS

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.

BUSINESS

GH Bank aims to elevate operations with digital upgrade

Business, Wichit Chantanusornsiri, Published on 14/04/2026

» Government Housing (GH) Bank, a state financial institution specialising in housing loans, is preparing to upgrade its operations through digital transformation and the adoption of generative artificial intelligence (AI).

BUSINESS

Crackdown targets use of Thai proxies

Business, Wichit Chantanusornsiri, Published on 25/03/2026

» The government is tightening controls on nominees by introducing new measures to prevent foreigners from using Thais as proxies to operate businesses, effective April 1.

BUSINESS

EVs become label-controlled

Wichit Chantanusornsiri, Published on 23/03/2026

» Electric vehicles (EVs) have officially been designated label-controlled products to ensure consumers can accurately compare the features of different brands before making a purchase.

BUSINESS

Fiscal position ‘sufficient’ for fuel subsidies

Wichit Chantanusornsiri, Published on 10/03/2026

» The government is in good fiscal condition, with a buffer of 300 billion baht if it needs to guarantee loans for the Oil Fuel Fund for subsidies, according to the Ministry of Finance.

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

Office says fiscal space remains sound, though limited

Business, Wichit Chantanusornsiri, Published on 04/02/2026

» Thailand will still have sufficient fiscal space to cope with potential crises, while the likelihood of public debt breaching the statutory ceiling of 70% of GDP remains very low this year, says the Public Debt Management Office (PDMO).

BUSINESS

Pundit: Chinese goods the main threat

Business, Wichit Chantanusornsiri, Published on 29/01/2026

» The influx of low-priced goods from China has a far more severe impact than US tariffs on Thai products, says Somkiat Tangkitvanich, president of Thailand Development Research Institute (TDRI).

BUSINESS

Customs seeks to tighten export rules in crackdown on origin loopholes

Business, Wichit Chantanusornsiri, Published on 23/01/2026

» The Customs Department wants to tighten local content criteria for goods produced in free zones to prevent the misuse of Thai origin privileges for exports to the US.

BUSINESS

Whither populism?

Business, Wichit Chantanusornsiri, Published on 16/01/2026

» Compared with the previous election, when some parties promised to distribute hundreds of billions of baht in cash and others pledged infrastructure projects worth trillions, the level of populism in campaign pledges during this election appears to have declined, which academics see as a positive development.