Showing 1 - 10 of 11
Long-term structural issues hobble Thailand's growth
Business, Wichit Chantanusornsiri, Published on 05/01/2026
» Thailand's economy has been mired in a prolonged period of low growth.
Nation urged to play to its strengths
Business, Wichit Chantanusornsiri, Published on 15/12/2025
» Thailand must recalibrate its strategic positioning to remain competitive in the evolving global landscape, concentrating only on sectors where it offers true strengths, rather than spreading its efforts across many industries as in the past through the 10-cluster policy, according to an economics analyst.
Structural reform essential for Thai growth
Wichit Chantanusornsiri, Published on 26/09/2025
» Thailand cannot break free from the middle-income trap or achieve high economic growth without addressing the entrenched structural issues plaguing the country, says Supavud Saichuea, chairman of the National Economic and Social Development Council (NESDC).
Pact expected to help double trade with European Union
Business, Wichit Chantanusornsiri, Published on 19/03/2025
» The Thailand-EU free trade agreement (FTA), expected to be signed this year, will help double Thailand’s trade with the European Union (EU) from its current level, according to Somjai Phagaphasvivat, an independent political and economic analyst.
A closer inspection of negative income tax
Business, Wichit Chantanusornsiri, Published on 29/08/2024
» The first vision statement by former premier Thaksin Shinawatra, after 17 years away from Thailand, has garnered interest on several points, including the proposal of a negative income tax (NIT).
How Thailand's welfare state could change
Business, Wichit Chantanusornsiri, Published on 28/06/2023
» For the past few decades, many countries have been working towards providing "healthcare for all", including equity in access to healthcare and healthcare financing.
Political instability adds to viral woes
News, Wichit Chantanusornsiri, Published on 05/03/2020
» The economy weakened last year thanks to the Sino-US trade war. This year, its health could worsen further due to two emerging factors. One is the Covid-19 outbreak which has hit the country's tourism industry hard. Another is potential political turmoil signalled by a series of "flash mobs" of students which gathered after the Constitutional Court's ruling to dissolve the Future Forward Party (FFP). If the rallies continue unabated, this year's growth could be worse than analysts predict.
Rich get richer, poor get the picture
News, Wichit Chantanusornsiri, Published on 09/01/2020
» This year the new land and building tax law takes effect with the new tax regime hardly affecting ordinary people who do not own second homes. It rather effects super rich people who have owned land in amounts so vast that they would have to spend a good part of their life if they wanted to walk around every plot of their land.
Political gifts sap B2.1bn
Business, Wichit Chantanusornsiri, Published on 07/01/2019
» Tax deductions for contributions to political parties are estimated to cost the government 2.1 billion baht a year in forgone revenue.
Deductions for political contributions approved
Business, Wichit Chantanusornsiri, Published on 09/10/2018
» The Revenue Department is allowing tax deductions for contributions to political parties, with a cap of 10,000 baht for individual taxpayers and 50,000 baht for companies.