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BUSINESS

Import duties plunge thanks to strong baht

Business, Wichit Chantanusornsiri, Published on 20/02/2026

» The exchange rate, economic conditions and free-trade agreements (FTAs) have affected import duty revenue for the Customs Department, with collections 8% below target for the first three months of fiscal 2026.

BUSINESS

New state credit scoring set to cut rates

Business, Wichit Chantanusornsiri, Published on 22/09/2025

» The Finance Ministry plans to launch Ari Score, a new credit scoring system for the public expected to help individuals gain greater access to loans at lower interest rates.

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

Revenue collection may not reach goal

Business, Wichit Chantanusornsiri, Published on 15/07/2025

» The government's revenue collection for fiscal 2025 may fall short of its target due to the impact of the economic slowdown, says finance permanent secretary Lavaron Sangsnit.

THAILAND

Pichai forwards central bank governor pick to cabinet

News, Wichit Chantanusornsiri, Published on 15/07/2025

» Deputy Prime Minister and Finance Minister Pichai Chunhavajira announced on Monday that he has signed off on and submitted his pick for the new Bank of Thailand (BoT) governor for cabinet consideration on Tuesday.

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

No deal to lower US tariffs yet: Pichai

News, Wichit Chantanusornsiri, Published on 27/06/2025

» Finance Minister Pichai Chunhavajira has dismissed reports claiming that Thailand and the United States have reached an agreement to lower retaliatory tariffs, saying nothing has been concluded yet.

BUSINESS

Stimulus projects to go before panel

Business, Wichit Chantanusornsiri, Published on 18/06/2025

» Stimulus projects seeking funding from the allocated budget of 157 billion baht are scheduled to go before the Economic Stimulus Committee on Wednesday.

BUSINESS

Ministry rebuffs reports of returned pico-finance licences

Business, Wichit Chantanusornsiri, Published on 16/06/2025

» The Finance Ministry has dismissed reports suggesting a growing number of business operators are returning their pico-finance licences due to an increase in non-performing loans (NPLs).

BUSINESS

Projects must 'move the needle'

Business, Wichit Chantanusornsiri, Published on 16/06/2025

» Economic stimulus projects seeking funding from allocated budget of 157 billion baht must be sufficiently large to move the needle and effectively address targeted problems, says Deputy Finance Minister Julapun Amornvivat.