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BUSINESS

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.

PROPERTY

Prime Bangkok plots on the block

Business, Wichit Chantanusornsiri, Published on 05/02/2026

» The Treasury Department is preparing to put more than 40 plots of land acquired through asset seizures up for sale, in addition to opening auctions to lease another 10 prime land plots in Bangkok and other provinces.

BUSINESS

Anutin touts Thai role for food supply

Business, Wichit Chantanusornsiri, Published on 28/01/2026

» Amid ongoing global geopolitical challenges, Thailand is ready to serve as part of the world's food supply chain, says caretaker premier Anutin Charnvirakul.

BUSINESS

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.

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

Tax rejig favours EVs with more local parts

Business, Wichit Chantanusornsiri, Published on 28/07/2025

» The Excise Department is preparing to adjust the excise tax structure for automobiles, linking it to the use of local content.

BUSINESS

Agency urged to rev up excise tax evasion drive

Business, Wichit Chantanusornsiri, Published on 07/04/2025

» The Excise Department was instructed to expedite implementation of its zero tolerance policy for excise tax evasion, cracking down on violations of excise laws.

BUSINESS

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).

BUSINESS

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.

BUSINESS

Land and building tax collection to tally B43bn this year

Business, Wichit Chantanusornsiri, Published on 29/05/2024

» The Finance Ministry expects collection of the land and building tax this year to total 43 billion baht, 8 billion higher than last year as the tax discount is discontinued.