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BUSINESS

Budget tightened amid crisis focus

Business, Wichit Chantanusornsiri, Published on 21/04/2026

» Prime Minister Anutin Charnvirakul has ordered that the fiscal 2027 budget be aligned with current crisis conditions, prioritising cuts to non-essential spending and limiting requests for additional budget allocations by government agencies to investment spending only.

BUSINESS

Fiscal position ‘sufficient’ for fuel subsidies

Wichit Chantanusornsiri, Published on 10/03/2026

» The government is in good fiscal condition, with a buffer of 300 billion baht if it needs to guarantee loans for the Oil Fuel Fund for subsidies, according to the Ministry of Finance.

BUSINESS

Thailand is losing ground to Vietnam

Business, Wichit Chantanusornsiri, Published on 23/02/2026

» Vietnam's GDP is likely to catch up with Thailand's within two years unless the latter undertakes meaningful economic reforms, warn two academics.

PROPERTY

Prime Bangkok plots on the block

Business, Wichit Chantanusornsiri, Published on 05/02/2026

» The Treasury Department is preparing to put more than 40 plots of land acquired through asset seizures up for sale, in addition to opening auctions to lease another 10 prime land plots in Bangkok and other provinces.

BUSINESS

Office mulls higher small project cap of B10bn

Business, Wichit Chantanusornsiri, Published on 22/01/2026

» The State Enterprise Policy Office (Sepo) is considering amendments to the public-private partnership (PPP) law to redefine small-scale projects, potentially raising the investment threshold from 5 billion baht to up to 10 billion in a move aimed at accelerating public investment.

BUSINESS

Election puts new rules in limbo

Business, Wichit Chantanusornsiri, Published on 05/01/2026

» In 2026, several taxes are in the Finance Ministry's pipeline that will affect salaried employees, the public and businesses.

THAILAND

Council of State spikes lottery partial-refund hopes

News, Wichit Chantanusornsiri, Published on 08/12/2025

» The Council of State (CoS) has advised against a proposal to offer partial refunds to buyers of digital lottery tickets who do not win prizes because the plan was deemed to exceed the authority of the Government Lottery Office (GLO), says a top finance official.

BUSINESS

Savings accounts target financial stability

Business, Wichit Chantanusornsiri, Published on 22/11/2025

» Finance Minister Ekniti Nitithanprapas, who serves as head of the government's economic team under Prime Minister Anutin Charnvirakul, has proposed a review of various tax deductions and exemptions.

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

Minister clarifies digital services accord

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

» The Agreement on Reciprocal Trade between the US and Thailand regarding the exemption of import duties on digital services concerns the downloading of cross-border digital goods, not the provision of cross-border services or e-service tax, says Finance Minister Ekniti Nitithanprapas.