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BUSINESS

Cabinet focuses on illicit tour operators

Business, Wichit Chantanusornsiri, Published on 18/03/2026

» The cabinet has instructed the Tourism and Sports Ministry to accelerate efforts to tackle the use of nominees in tourism businesses, including so-called "zero-dollar tours", as they affect the country's tourism industry.

BUSINESS

Schemes for SMEs to generate at least B260bn

Business, Wichit Chantanusornsiri, Published on 29/01/2026

» Government measures to support small and medium-sized enterprises (SMEs) are expected to help increase monetary circulation in the economy by at least 260 billion baht this year, says the chief of Thai Credit Guarantee Corporation (TCG).

BUSINESS

More tourism stimulus possible

Business, Wichit Chantanusornsiri, Published on 29/07/2025

» The Finance Ministry may consider implementing tax measures to stimulate tourism during the low season, says Deputy Finance Minister Julapun Amornvivat.

BUSINESS

Agency urged to rev up excise tax evasion drive

Business, Wichit Chantanusornsiri, Published on 07/04/2025

» The Excise Department was instructed to expedite implementation of its zero tolerance policy for excise tax evasion, cracking down on violations of excise laws.

BUSINESS

Unpacking the debt-to-GDP ratio

Business, Wichit Chantanusornsiri, Published on 29/03/2025

» The Pheu Thai Party-led government has pursued aggressive fiscal policies, building on the work of the previous administration led by Gen Prayut Chan-o-cha, which navigated the challenges of the Covid-19 pandemic. During Gen Prayut's tenure, two special emergency loan decrees were enacted, resulting in total borrowing of 1.5 trillion baht and prompting an increase in the public debt ceiling from 60% to 70% of GDP.

BUSINESS

State revenue tops target in first 4 months

Business, Wichit Chantanusornsiri, Published on 06/03/2025

» Thai government revenue collection in the first four months of the 2025 fiscal year was 826 billion baht, exceeding the target by 1.3%, according to Pornchai Thiraveja, director-general of the Fiscal Policy Office (FPO).

BUSINESS

State bullish on Easy E-Receipt scheme

Business, Wichit Chantanusornsiri, Published on 21/12/2024

» The government expects the new tax rebate programme that lets people deduct up to 50,000 baht in personal income tax for goods purchases to help stimulate spending, generating around 70 billion baht in economic circulation.

BUSINESS

State salaries and benefits face scrutiny

Business, Wichit Chantanusornsiri, Published on 23/09/2024

» The Comptroller-General's Department, the Budget Bureau and the Office of the Civil Service Commission (OCSC) are considering how to reform salaries and benefits in all government sectors.

BUSINESS

Bank for Agriculture and Agricultural Cooperatives defers debt for inundated farmers

Business, Wichit Chantanusornsiri, Published on 14/09/2024

» The Bank for Agriculture and Agricultural Cooperatives (BAAC) has announced debt payment deferrals for its customers in the North affected by severe flooding, with the measure lasting up to one year.

BUSINESS

How VAT on cheap imported goods adds up

Business, Wichit Chantanusornsiri, Published on 02/05/2024

» Thailand has embraced the digital economy, with trade on foreign online platforms increasing rapidly, disrupting domestic entrepreneurs.