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BUSINESS

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.

BUSINESS

New rice scheme eyes premium tag

Business, Wichit Chantanusornsiri, Published on 20/11/2025

» The government has unveiled a "New Rice Economy" initiative aimed at elevating Thai rice to the premium segment in the global market.

BUSINESS

Tax review looms amid debt unease

Wichit Chantanusornsiri, Published on 09/10/2025

» The Finance Ministry is preparing to review tax deductions and exemptions as part of efforts to address concerns over public debt raised by credit rating agencies.

BUSINESS

FPO suggests tinkering with co-payment scheme

Business, Wichit Chantanusornsiri, Published on 15/09/2025

» The Fiscal Policy Office (FPO) has suggested designing the "Khon La Khrueng" co-payment scheme to be suitable for different areas and recommended the government's contribution should vary between weekdays and holidays, as well as for participants' income levels.

BUSINESS

Data lake to assist with fiscal policies

Business, Wichit Chantanusornsiri, Published on 20/08/2025

» The Finance Ministry's large database, also known as a data lake, is expected to help it design fiscal policies tailored to the specific needs of different regions of the country, says finance permanent secretary Lavaron Sangsnit.

THAILAND

Rice farmers to receive B40bn in aid

News, Wichit Chantanusornsiri, Published on 14/08/2025

» The National Rice Policy and Management Committee yesterday approved a budget of 40 billion baht to support 4.6 million rice farmer households.

BUSINESS

Thailand 'can't match' Vietnam's US tariff proposals

Business, Wichit Chantanusornsiri, Published on 21/07/2025

» Thailand cannot offer the same kind of trade proposals to the United States as Vietnam did, warns Somjai Phagaphasvivat, an expert in international economics, who added that Vietnam was able to remove tariffs on all US imports because it has free trade agreements (FTAs) with 27 countries, which have already reduced most of Vietnam's import tariffs to zero.

BUSINESS

Exim Bank anticipates 3% export growth

Business, Wichit Chantanusornsiri, Published on 17/12/2024

» The Export-Import Bank of Thailand (Exim Bank) projects exports to grow by 3% both this year and next, marking the first time in six years that export growth has achieved this level.

BUSINESS

Call for auto taxes to match global shift

Wichit Chantanusornsiri, Published on 11/11/2024

» The structure of Thailand's automotive excise taxes must align with global trends, particularly the shift towards the electric vehicle (EV) industry, says Deputy Finance Minister Paopoom Rojanasakul.

BUSINESS

Call for action on real estate loans

Business, Wichit Chantanusornsiri, Published on 28/05/2024

» The National Economic and Social Development Council (NESDC), the state planning unit, has urged financial institutions to adopt proactive policies in restructuring real estate loans following a sharp rise in the rate of non-performing loans (NPLs) for this type of credit.