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BUSINESS

Foreign investment applications rise 46% in January

Wichit Chantanusornsiri, Published on 19/02/2026

» Foreign investment applications under the Foreign Business Act were robust in January, with a total investment value of 33.8 billion baht, up 46% year-on-year, driven mainly by investors from China, Japan and Singapore.

BUSINESS

Foreign investment application value surges 37% in first half

Wichit Chantanusornsiri, Published on 14/08/2025

» In the first half of this year, 502 foreign investors applied to conduct business in Thailand under the Foreign Business Act (FBA), a 30% increase year-on-year.

BUSINESS

Move to employ foreign pilots riles Thai pilots

Business, Wichit Chantanusornsiri, Published on 04/12/2024

» The domestic aviation industry is thriving, with the cabinet on Tuesday approving foreign pilots flying domestic routes temporarily to address the pilot shortage, while the Thai Pilots Association is preparing to submit a petition to restrain this amendment.

BUSINESS

Cash transfers reach 14m Thais

Business, Wichit Chantanusornsiri, Published on 02/10/2024

» The Finance Ministry has deemed the first round of the cash handout scheme as successful at stimulating the economy, as more than 14 million people received transfers.

BUSINESS

Thailand expresses intent to become OECD member

Business, Wichit Chantanusornsiri, Published on 27/02/2024

» Joining the Organisation for Economic Co-operation and Development (OECD) would elevate the country's standards and help create a better quality of life for Thais, says Prommin Lertsuridej, secretary-general to the prime minister.

BUSINESS

Digging out of debt

Business, Wichit Chantanusornsiri, Published on 28/12/2023

» Prime Minister Srettha Thavisin has declared dealing with informal debt and the problems it creates a national priority, likening the situation to a form of modern-day slavery.

BUSINESS

Ministry sees key role for smaller lenders

Business, Wichit Chantanusornsiri, Published on 26/12/2023

» Nano-finance and pico-finance loans worth 70 billion baht in total are among the measures being deployed to counter informal debt problems, says Fiscal Policy Office director-general Pornchai Thiraveja.

BUSINESS

Finance ministry details tax on city farm land

Business, Wichit Chantanusornsiri, Published on 05/09/2022

» The criteria of the land and building tax regarding farm land must be applied to all farm land on an equal and indiscriminate basis, according to a Finance Ministry source.

BUSINESS

State investment outlay inches closer to 100%

Business, Wichit Chantanusornsiri, Published on 08/10/2021

» The state investment budget for fiscal 2021 was almost fully disbursed, according to Kulaya Tantitemit, director-general of the Comptroller-General's Department.

BUSINESS

Finance Ministry looks for budget stopgap

Business, Wichit Chantanusornsiri, Published on 27/01/2020

» The Finance Ministry is considering the possibility of borrowing under the Public Debt Management Act to finance new state investment projects in case the 3.2-trillion-baht budget expenditure for fiscal 2020 hits further snags.