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Search Result for “may day”

Showing 1 - 10 of 797

BUSINESS

Fuel crisis upends state's fiscal plans

Business, Wichit Chantanusornsiri, Published on 17/04/2026

» The energy crisis may pose a challenge for the government in pursuing its fiscal plan, which aims to reduce the fiscal deficit to no more than 3% of GDP, increase revenue through a higher value-added tax (VAT), and keep public debt below 70% of GDP, according to the Finance Ministry.

BUSINESS

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.

THAILAND

Co-payment scheme to expand in May

News, Wichit Chantanusornsiri, Published on 09/04/2026

» The Finance Ministry has confirmed the next phase of the "Khon La Khrueng" co-payment scheme will start in May, with an expanded reach aimed at easing the financial strain on households amid ongoing economic pressures.

BUSINESS

Treasury mulls overseas coin production as costs escalate

Business, Wichit Chantanusornsiri, Published on 08/04/2026

» The ongoing conflict in the Middle East has pushed up the Treasury Department's coin production costs, raising the possibility that 1-baht coins may eventually need to be minted overseas, where production costs are lower.

BUSINESS

Office eyes B40bn via infrastructure funds

Business, Wichit Chantanusornsiri, Published on 07/04/2026

» Several state-owned enterprises (SOEs) are expected to raise a combined 40 billion baht through infrastructure funds, helping to ease the government's public debt burden as such liabilities are not classified as public debt, says the chief of the State Enterprise Policy Office (Sepo).

BUSINESS

Analyst urges united front on hardships

Business, Wichit Chantanusornsiri, Published on 06/04/2026

» Dealing with crises is not the responsibility of an individual or the government alone -- it requires a collective effort as new crises often arise before existing ones have been fully resolved, says an analyst from Thailand Development Research Institute (TDRI).

BUSINESS

Ekniti outlines new policy approach

Business, Wichit Chantanusornsiri, Published on 01/04/2026

» Any attempt to keep energy prices artificially low, in defiance of market mechanisms, could trigger a double whammy within the country, says Finance Minister Ekniti Nitithanprapas.

THAILAND

Oil fund seeks B150 billion in loan guarantees for fuel aid

Wichit Chantanusornsiri, Published on 31/03/2026

» The Oil Fuel Fund has sought a guarantee from the Ministry of Finance for 150 billion baht in loans to stabilise domestic fuel prices, amid rising energy pressures.

BUSINESS

Customs rule change trims parcel imports

Business, Wichit Chantanusornsiri, Published on 30/03/2026

» Imported parcels delivered directly to recipients in Thailand have decreased in volume, while their prices have increased as a result of Customs Department measures.

BUSINESS

Analyst calls for wider mix of Thai energy inputs

Business, Wichit Chantanusornsiri, Published on 30/03/2026

» The ongoing energy crisis has underscored the need for Thailand to accelerate the development of a broader mix of energy sources to strengthen its self-reliance, according to an analyst.