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Search Result for “imports”

Showing 1 - 10 of 113

BUSINESS

Customs mulls duty hike on luxury goods

Business, Wichit Chantanusornsiri, Published on 16/02/2026

» The Customs Department is considering raising import duties on luxury goods to increase government revenue.

BUSINESS

Pundit: Chinese goods the main threat

Business, Wichit Chantanusornsiri, Published on 29/01/2026

» The influx of low-priced goods from China has a far more severe impact than US tariffs on Thai products, says Somkiat Tangkitvanich, president of Thailand Development Research Institute (TDRI).

BUSINESS

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.

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

Law granting rewards to customs officials faces the chop

Business, Wichit Chantanusornsiri, Published on 30/10/2025

» Thailand may have to repeal a law that grants rewards to customs officials for seizing smuggled goods in order to reduce trade barriers under the tariffs agreement with the US.

BUSINESS

Economic decline deepens as consumer confidence dives

Business, Wichit Chantanusornsiri, Published on 30/09/2025

» Thailand's economy remained sluggish in August as private consumption slowed, farm incomes declined, and exports softened due to the impact of US tariffs, according to the Fiscal Policy Office (FPO).

THAILAND

Govt doubts revenue will meet target

News, Wichit Chantanusornsiri, Published on 03/09/2025

» Government revenue collection fell 1.6% short of the target in the first 10 months of the 2025 fiscal year, according to the Finance Ministry.

BUSINESS

Expert urges cutting reliance on US buyers

Business, Wichit Chantanusornsiri, Published on 02/09/2025

» The Thai government has been advised to reduce its dependence on the US market, which is expected to shrink under US President Donald Trump's reciprocal tariff policy.

BUSINESS

Ministry prepares stimulus measures to counter tariff

Business, Wichit Chantanusornsiri, Published on 12/08/2025

» The Finance Ministry is preparing to roll out stimulus measures to offset the negative impacts of US tariffs, while also revving up its regulatory guillotine to enhance the country's competitiveness.

BUSINESS

Tax shift props up the auto industry

Wichit Chantanusornsiri, Published on 02/08/2025

» Former prime minister Thaksin Shinawatra said during a recent conference that the government should impose a high excise tax on imported electric vehicles (EVs) that use a low proportion of local content.