Showing 1 - 10 of 18
Import duties plunge thanks to strong baht
Business, Wichit Chantanusornsiri, Published on 20/02/2026
» The exchange rate, economic conditions and free-trade agreements (FTAs) have affected import duty revenue for the Customs Department, with collections 8% below target for the first three months of fiscal 2026.
Official insists THAI nominees are pros
Business, Wichit Chantanusornsiri, Published on 11/10/2025
» As the major shareholder of Thai Airways International (THAI), the Finance Ministry has confirmed all the new nominees for the company's board of directors are professionals.
Official insists Thai Airways board nominees are pros
Wichit Chantanusornsiri, Published on 10/10/2025
» The Ministry of Finance insists all of the new nominees for the board of directors of Thai Airways International are professionals.
Thailand faces grim employment prospects
Business, Wichit Chantanusornsiri, Published on 17/03/2025
» Thailand's employment prospects are negative as there are clearer signs of a shrinking workforce, evidenced by fewer insured workers under Section 33 of the Social Security Act, which covers more than 10 million people, according to the Federation of Thai SMEs.
Draft financial hub law heads to cabinet
Business, Wichit Chantanusornsiri, Published on 23/01/2025
» The Finance Ministry has completed drafting the financial hub legislation and expects to submit it to the cabinet in early February.
Luring foreigners to real estate
Business, Wichit Chantanusornsiri, Published on 16/11/2024
» Finance Minister Pichai Chunhavajira is looking at several options to stimulate the country's economy, with a focus on attracting more foreign investors.
Cabinet set to approve assistance for farmers
Business, Wichit Chantanusornsiri, Published on 13/07/2024
» Measures to address public debt and support the agriculture sector are likely to be implemented soon, says Deputy Finance Minister Julapun Amornvivat.
GSB told to ease up on informal debtors
Business, Wichit Chantanusornsiri, Published on 19/02/2024
» The Finance Ministry has ordered the Government Savings Bank (GSB) to consider relaxing conditions for informal debtors, says Deputy Finance Minister Krisada Chinavicharana.
Amendment to see overseas income taxed
Business, Wichit Chantanusornsiri, Published on 26/09/2023
» The Revenue Department recently amended its notification regarding taxation on specified foreign-sourced income by stipulating that local residents who earn overseas income will be subject to personal income tax (PIT), according to Paragraph 2 of Section 41 of the Revenue Code.
The untouchable tax
Business, Wichit Chantanusornsiri, Published on 04/09/2023
» Since the introduction of value-added tax (VAT) in Thailand in 1992, no government has dared to increase the rate because of concerns regarding the economic impact, the greater burden in terms of living expenses, and most importantly how politically unpopular such a move would appear.