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Search Result for “gross”

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THAILAND

Cabinet readies cost-of-living relief packages

Wichit Chantanusornsiri, Published on 10/04/2026

» The cabinet on Saturday is expected to approve a cost-of-living relief package targeting vulnerable groups as well as the transport and agriculture sectors, Finance Minister Ekniti Nitithanprapas said on Friday.

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

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.

BUSINESS

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.

BUSINESS

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.

BUSINESS

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.

BUSINESS

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.

BUSINESS

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.

BUSINESS

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.

BUSINESS

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.