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BUSINESS

Thailand mulls windfall tax on oil refineries

Business, Wichit Chantanusornsiri, Published on 28/03/2026

» The Fiscal Policy Office (FPO) has acknowledged it is studying the feasibility of introducing a windfall tax on refinery businesses in Thailand.

BUSINESS

Cabinet focuses on illicit tour operators

Business, Wichit Chantanusornsiri, Published on 18/03/2026

» The cabinet has instructed the Tourism and Sports Ministry to accelerate efforts to tackle the use of nominees in tourism businesses, including so-called "zero-dollar tours", as they affect the country's tourism industry.

BUSINESS

Crisis seen as opportunity for Thailand

Business, Wichit Chantanusornsiri, Published on 10/03/2026

» The crises arising from geopolitics and geoeconomics may represent Thailand's last chance to adapt and seize new opportunities, according to caretaker finance minister Ekniti Nitithanprapas.

BUSINESS

Thailand is losing ground to Vietnam

Business, Wichit Chantanusornsiri, Published on 23/02/2026

» Vietnam's GDP is likely to catch up with Thailand's within two years unless the latter undertakes meaningful economic reforms, warn two academics.

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

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

Customs mulls higher import duty rate

Business, Wichit Chantanusornsiri, Published on 12/01/2026

» The Customs Department is considering raising the import duty rate on goods with a low value and applying a single, uniform rate to promote fairer competition between domestically produced goods and imported products.

BUSINESS

Raid has limited impact on US-China talks

Business, Wichit Chantanusornsiri, Published on 12/01/2026

» The recent US military operation in Venezuela is unlikely to affect US-China trade negotiations and trigger a renewed trade war this year, as both nations are trying to maintain the negotiation framework until Nov 10, says an analyst.

BUSINESS

THAI prepares to formulate new strategy

Business, Wichit Chantanusornsiri, Published on 09/01/2026

» The board of Thai Airways International (THAI) Plc has appointed four subcommittees to drive the organisation forward and is preparing to hold a meeting to formulate the company's strategy next month.

BUSINESS

American invasion likely to shape crude prices, baht

Business, Wichit Chantanusornsiri, Published on 06/01/2026

» The US invasion of Venezuela is likely to send global oil prices lower and weaken the baht, according to a researcher, while managing economic and diplomatic policy amid geopolitical entanglements could become more complicated.