Showing 1 - 10 of 83
Agency raises diesel price ceiling in cost formula
Business, Wichit Chantanusornsiri, Published on 17/04/2026
» The Comptroller General's Department has raised the diesel price ceiling used in calculating reference prices for public construction projects to no more than 69.99 baht per litre, in order to reflect the rising costs of government construction works resulting from the war in the Middle East.
Ministry eyes oil excise tax trims
Business, Wichit Chantanusornsiri, Published on 23/03/2026
» The Finance Ministry is weighing the extent of potential oil tax cuts to keep retail fuel prices at a level the economy can absorb, while also avoiding excessive impact on government revenue.
Fiscal position ‘sufficient’ for fuel subsidies
Wichit Chantanusornsiri, Published on 10/03/2026
» The government is in good fiscal condition, with a buffer of 300 billion baht if it needs to guarantee loans for the Oil Fuel Fund for subsidies, according to the Ministry of Finance.
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.
New energy measures to drive down prices
Business, Wichit Chantanusornsiri, Published on 21/10/2025
» The government intends to reduce power prices to ease the cost of living and introduce energy measures for the country's targeted industries.
Finance Ministry preps tax reform timeline
Business, Wichit Chantanusornsiri, Published on 14/10/2025
» The Finance Ministry is preparing a timeline for its tax reform plan, covering both tax increases and reductions.
Government targets tax reform in attempt to boost revenue
Business, Wichit Chantanusornsiri, Published on 13/05/2025
» Tax reform to increase government revenue must be seriously pursued to enhance fiscal strength, says finance permanent secretary Lavaron Sangsnit.
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.
Government vows to ramp up demand for electric vehicles
Business, Wichit Chantanusornsiri, Published on 08/04/2025
» The government says it is committed to transforming Thailand into an electric vehicle (EV) manufacturing hub, emphasising this policy also focuses on stimulating demand for EVs to encourage consumer adoption.