Showing 1 - 10 of 23
Collection 2% short of target in Q1
Business, Wichit Chantanusornsiri, Published on 27/01/2026
» The government's net revenue collection in the first quarter of fiscal 2026 (October–December 2025) amounted to 633 billion baht, falling 2% short of the target, mainly due to an accelerated refund of corporate income tax to businesses.
Corporate tax refunds dent fiscal 2026 revenue collection
Business, Wichit Chantanusornsiri, Published on 29/12/2025
» The government's net revenue collection during the first two months of fiscal 2026 amounted to 385 billion baht, 7% below target, mainly due to accelerated refunds of corporate income tax.
State plan to train 100,000 employees
Wichit Chantanusornsiri, Published on 09/10/2025
» The Thai government plans to improve the skills of 100,000 workers in an effort to align with modern technologies.
B110-billion stimulus package clears key hurdle
Wichit Chantanusornsiri, Published on 18/06/2025
» The Economic Stimulus Board has approved a 110-billion-baht stimulus package to revive the Thai economy, with the initiative projected to raise gross domestic product by up to 0.5%, Finance Minister Pichai Chunhavajira said on Wednesday.
Finance minister floats tax changes
Wichit Chantanusornsiri, Published on 03/12/2024
» Finance Minister Pichai Chunhavajira has floated the idea of increasing value-added tax (VAT), while reducing corporate and personal income tax rates to strengthen state revenue, drive national development, enhance competitiveness and address domestic disparities.
Inflation too low, says finance minister
Wichit Chantanusornsiri, Published on 29/10/2024
» Thailand’s inflation rate needs to be around 2% to support economic growth, says Finance Minister Pichai Chunhavajira.
Finance Minister calls for tax system rejig
Business, Wichit Chantanusornsiri, Published on 10/09/2024
» Thailand needs to integrate its entire tax system, as the country's current personal and corporate income tax rates remain higher than the international standards, according to Finance Minister Pichai Chunhavajira.
Senator eager to improve casino plan
Business, Wichit Chantanusornsiri, Published on 01/04/2024
» With the resurgence of interest in legalising casinos to bolster economic growth as the digital wallet and Land Bridge policies remain on hold, the government is being urged to reassess the details of a proposed casino and entertainment complex.
NESDC revises growth outlook
Business, Wichit Chantanusornsiri, Published on 20/02/2024
» The National Economic and Social Development Council (NESDC) has revised down gross domestic product (GDP) growth for 2023 and its outlook for 2024 to 1.9% and 2.7%, suggesting the Bank of Thailand (BoT) use financial measures to support the economy, says secretary-general Danucha Pichayanan.
Total premiums expected to reach B1tn by 2026
Business, Wichit Chantanusornsiri, Published on 18/01/2024
» The Office of the Insurance Commission (OIC) says the insurance sector expanded by 4.5% recently, with total insurance premiums expected to reach 1 trillion baht in 2026, up from 800-900 billion baht at present, according to secretary-general Chuchatr Pramoolpol.