Showing 1 - 10 of 33
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.
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.
Govt to establish data bureau to curb grey money flows
News, Wichit Chantanusornsiri, Published on 06/11/2025
» The government is to set up a data bureau to combat grey money flowing through cryptocurrency, money changers, and the gold market, Finance Minister Ekniti Nitithanprapas said.
Call for measures to halt surge in bad debt
Business, Wichit Chantanusornsiri, Published on 10/06/2025
» The National Economic and Social Development Council (NESDC) wants to improve the conditions for debt restructuring to prevent special mention (SM) loans from deteriorating into non-performing loans (NPLs), after a noticeable increase in the former in last year's fourth quarter.
Thailand touts 0.8% growth boost from casino complex
News, Wichit Chantanusornsiri, Published on 05/06/2025
» The government says an entertainment complex featuring a casino will still be an economic growth engine with the Finance Ministry projecting it will drive a 0.8% increase in GDP.
Move to scrap tax on specially modified vehicles
Business, Wichit Chantanusornsiri, Published on 03/10/2024
» The Excise Department is preparing to issue a ministerial regulation to waive taxes on cars designed for the elderly or people with disabilities, down from the current rate of 25-40%.
Tapping a vast market
Business, Wichit Chantanusornsiri, Published on 12/02/2024
» The restoration of diplomatic relations between Thailand and Saudi Arabia in 2022 following a 30-year break has created new opportunities for Thailand to tap into demand for its halal products in Middle Eastern markets.
VAT refunds surge after reopening
Business, Wichit Chantanusornsiri, Published on 31/05/2023
» Tourist tax refunds have skyrocketed since Thailand fully reopened in June last year, according to Revenue Department director-general Lavaron Sangsnit.
Customs clarifies inspection policy
Business, Wichit Chantanusornsiri, Published on 06/02/2023
» Customs Department deputy director-general Phantong Loykulnanta has emphasised customs officials will not conduct personal inspections of arriving foreign tourists at airports, even if they are carrying or wearing multi-million-baht personal items.
Arkhom pours cold water on prospect of tiered VAT
Business, Wichit Chantanusornsiri, Published on 27/09/2022
» The Finance Ministry is not seriously considering introducing a two-tier value-added tax (VAT) system as revenue collection in the 2022 fiscal year is expected to hit its targets, says Arkhom Termpittayapaisith.