Showing 1 - 10 of 169
Oil price spike forecast to slash Thai GDP growth
Business, Wichit Chantanusornsiri, Published on 18/03/2026
» Every US$10 increase in the oil price per barrel is expected to reduce Thai GDP by 0.2 percentage points, according to caretaker finance minister Ekniti Nitithanprapas.
TikTok affirms B270bn outlay in Thailand
Business, Wichit Chantanusornsiri, Published on 06/02/2026
» TikTok has confirmed its long-term investment plan in Thailand worth 270 billion baht, according to caretaker finance minister Ekniti Nitithanprapas.
Govt mulls reducing taxes for workers
News, Wichit Chantanusornsiri, Published on 22/11/2025
» The government is considering reducing the tax burden for salaried workers and low-income earners.
Lottery retirement savings plan risky
Oped, Wichit Chantanusornsiri, Published on 23/10/2025
» Lotteries are among the oldest forms of betting. Yet in modern times, various governments have used this popular form of gambling to encourage financial savings among citizens and even retirees.
Influencers and online sellers in Thai taxman’s sights
Wichit Chantanusornsiri, Published on 16/10/2025
» The Revenue Department has reiterated that all individuals who earn income — regardless of the source, including from online sales or influencer activities — are required to file and pay income tax.
Department to speed up VAT refunds of B160bn
Business, Wichit Chantanusornsiri, Published on 08/10/2025
» The Revenue Department has been instructed to expedite the refund of outstanding value-added tax (VAT) amounting to 160 billion baht to enhance liquidity in the business sector.
Medium-term fiscal plan set to be revised
Business, Wichit Chantanusornsiri, Published on 26/09/2025
» The government is preparing to revise the medium-term fiscal plan and set out a fiscal consolidation framework to sustainably reduce the deficit, with the deficit expected to gradually decline after 2026.
State tax revenue needs B600bn boost
Business, Wichit Chantanusornsiri, Published on 02/09/2025
» Government tax revenue needs to increase by an additional 600 billion baht, as the current level is lower than that of countries with comparable economies to Thailand, says caretaker Finance Minister Pichai Chunhavajira.
NESDC chief calls for major reforms
Business, Wichit Chantanusornsiri, Published on 27/08/2025
» Thailand must take economic restructuring efforts more seriously for the country to move forward, says Danucha Pichayanan, secretary-general of the National Economic and Social Development Council (NESDC), who has overseen the country's economic and social policy for five years.
Fiscal 2026 state spending to post little growth
Business, Wichit Chantanusornsiri, Published on 15/08/2025
» The budget for fiscal 2026 is likely to mark the first year in which government spending will see little to no growth, according to finance permanent secretary Lavaron Sangsnit.