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BUSINESS

Collection 2% short of target in Q1

Business, Wichit Chantanusornsiri, Published on 27/01/2026

» The government's net revenue collection in the first quarter of fiscal 2026 (October–December 2025) amounted to 633 billion baht, falling 2% short of the target, mainly due to an accelerated refund of corporate income tax to businesses.

BUSINESS

Ekniti team to tout Thailand at World Economic Forum

Business, Wichit Chantanusornsiri, Published on 15/01/2026

» Caretaker finance minister Ekniti Nitithanprapas is leading Team Thailand to the World Economic Forum (WEF) Annual Meeting in Davos, Switzerland, aiming to position Thailand on the global investment map.

BUSINESS

Corporate tax refunds dent fiscal 2026 revenue collection

Business, Wichit Chantanusornsiri, Published on 29/12/2025

» The government's net revenue collection during the first two months of fiscal 2026 amounted to 385 billion baht, 7% below target, mainly due to accelerated refunds of corporate income tax.

BUSINESS

Nation urged to play to its strengths

Business, Wichit Chantanusornsiri, Published on 15/12/2025

» Thailand must recalibrate its strategic positioning to remain competitive in the evolving global landscape, concentrating only on sectors where it offers true strengths, rather than spreading its efforts across many industries as in the past through the 10-cluster policy, according to an economics analyst.

BUSINESS

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.

BUSINESS

State collection undershoots target by B34.1bn

Business, Wichit Chantanusornsiri, Published on 01/10/2025

» The government's revenue collection for the first 11 months of fiscal 2025 fell short of its target by 34.1 billion baht due to lower collections than projected from auto excise tax, corporate income tax, and value-added tax (VAT) on imported goods.

BUSINESS

Second phase of stimulus plan gets nod

News, Wichit Chantanusornsiri, Published on 06/08/2025

» The cabinet has approved the second phase of the government's economic stimulus plan worth 18.4 billion baht, said Finance Minister Pichai Chunhavajira.

BUSINESS

State firms warned of reform ahead of OECD membership

Business, Wichit Chantanusornsiri, Published on 17/07/2025

» Thailand's state enterprises are being told to prepare for alignment with the Organisation for Economic Cooperation and Development's (OECD) standards, particularly in the area of fair competition.

BUSINESS

Thais revise trade offer with US

News, Wichit Chantanusornsiri, Published on 08/07/2025

» Thailand has offered to commit to a 20-year liquefied natural gas (LNG) import deal with the United States, and plans to acquire Boeing aircraft over the coming years to avert a punitive 36% export levy threatened by the Trump administration, according to Deputy Prime Minister and Finance Minister Pichai Chunhavajira.

BUSINESS

SET has stabilised, says Pichai

Wichit Chantanusornsiri, Published on 18/05/2025

» The Thai stock market has now stabilised and there is no need for additional measures to stimulate it, Finance Minister Pichai Chunhavajira said.