Showing 1 - 10 of 15
Election puts new rules in limbo
Business, Wichit Chantanusornsiri, Published on 05/01/2026
» In 2026, several taxes are in the Finance Ministry's pipeline that will affect salaried employees, the public and businesses.
Fiscal decline expected to pressure Thailand over the medium term
Business, Wichit Chantanusornsiri, Published on 27/12/2025
» In 2026, the incoming government is likely to face a host of internal and external challenges, with Thailand's fiscal position a longstanding problem that has become more strained amid sluggish economic growth.
Mobile labs to ensure quality, safety of local liquor
Wichit Chantanusornsiri, Published on 05/06/2025
» The Excise Department is introducing free alcohol quality testing in three provinces in a bid to raise the standards of locally produced liquor and ensure consumer safety.
Final phase of sugar tax takes effect
Business, Wichit Chantanusornsiri, Published on 10/04/2025
» Beverage manufacturers and producers of sweetened products that fail to reformulate their recipes to reduce sugar content face higher excise taxes under the final phase of the sugar tax now in effect, says the Ministry of Finance.
Unpacking the debt-to-GDP ratio
Business, Wichit Chantanusornsiri, Published on 29/03/2025
» The Pheu Thai Party-led government has pursued aggressive fiscal policies, building on the work of the previous administration led by Gen Prayut Chan-o-cha, which navigated the challenges of the Covid-19 pandemic. During Gen Prayut's tenure, two special emergency loan decrees were enacted, resulting in total borrowing of 1.5 trillion baht and prompting an increase in the public debt ceiling from 60% to 70% of GDP.
Taxes on salt and fat considered
Wichit Chantanusornsiri, Published on 05/11/2024
» The Ministry of Finance is studying the feasibility of imposing taxes on products containing salt and fat as a preventive health measure.
Tobacco tax gets the chop
Business, Wichit Chantanusornsiri, Published on 17/10/2019
» The Excise Department will cut the tobacco tax to 2.5 satang per gramme from 10 satang for one year, starting Jan 1, 2020, to give farmers time to adjust.
Excise revved for new levy on motorcycles
Business, Wichit Chantanusornsiri, Published on 09/05/2019
» A new excise tax structure is estimated to boost the tax-collecting department's revenue from motorcycles by 30-40% per year, says a senior official.
Finance Minister doubts sodium tax
Business, Wichit Chantanusornsiri, Published on 04/12/2018
» Finance Minister Apisak Tantivorawong has raised an eyebrow at the Excise Department's proposed tax on salty foods, saying it is insufficient as written as a lot of effort would be required for the enforcement of a minimal levy amount.
Salt, sugar, grey hair a perfect health storm
News, Wichit Chantanusornsiri, Published on 15/11/2018
» A changing diet in past decades has seen Thai people grow accustomed to consuming too much sugar and salt, negatively impacting their health. This has led to more cases of non-communicable diseases (NCD), heart problems, high-blood pressure and diabetes in state hospitals, which is placing a heavy burden on government spending.