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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.

BUSINESS

Ministry provides warning on revenue

Business, Wichit Chantanusornsiri, Published on 26/02/2024

» Government revenue collection in fiscal 2024 may not exceed the target, unlike last year, says Deputy Finance Minister Krisada Chinavicharana.

BUSINESS

Call to revamp procurement rules

Business, Wichit Chantanusornsiri, Published on 23/01/2024

» The Finance Ministry has ordered the Comptroller General's Department to amend procurement regulations in order to expedite the disbursement of the fiscal 2024 budget which could be delayed by 7-8 months, says Deputy Finance Minister Krisada Chinavicharana.

BUSINESS

SME D Bank pledges to help customers

Business, Wichit Chantanusornsiri, Published on 10/10/2022

» Small and Medium Enterprise Development Bank of Thailand (SME D Bank) is ready to help reduce customers' debt and interest burden to improve their liquidity, allowing their businesses to continue operating, says president Nartnaree Rathapat.

BUSINESS

Ministry sees four-year test for tourism sector

Business, Wichit Chantanusornsiri, Published on 03/12/2020

» The tourism industry, which accounts for 12% of Thailand's GDP, is expected to take at least four years to recover to the pre-pandemic levels, says the Finance Ministry.

BUSINESS

Automaker tax aid seen as 'win-win'

Business, Wichit Chantanusornsiri, Published on 26/05/2020

» Patchara Anuntasilpa, head of the Excise Department, hinted he personally supports automakers' tax cut proposal to boost domestic demand, saying it could be a win-win for all.

BUSINESS

Finance Ministry earmarks B100bn for tourism

Business, Wichit Chantanusornsiri, Published on 24/02/2020

» The Finance Ministry is preparing to offer 100 billion baht in soft loans as a lifeline to coronavirus-ravaged tourism operators as part of new relief measures that will seek the cabinet's approval by early March.

BUSINESS

Uttama sees changed landscape ahead

Business, Wichit Chantanusornsiri, Published on 29/08/2019

» Thailand's investments in railways, electric trains and the Eastern Economic Corridor (EEC) will change the country's economic and infrastructure landscape in the next 5-10 years, says Finance Minister Uttama Savanayana.

BUSINESS

Chronic deficits eating up budget

Business, Wichit Chantanusornsiri, Published on 31/07/2019

» Running a chronic budget deficit is estimated to increase the ratio of debt obligations in annual budget spending to 10.9% in 2023 from 8.7% this fiscal year, according to the Finance Ministry's latest report on the state's fiscal position.