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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

Treasury targets massive increase in revenue growth

Business, Wichit Chantanusornsiri, Published on 22/04/2025

» The Treasury Department is aiming for a leap in its revenue growth, targeting a 20% increase in 2026, compared to the current average annual revenue growth rate of 3%.

BUSINESS

Minister vows tax reform to enhance competitiveness

Business, Wichit Chantanusornsiri, Published on 09/01/2025

» Finance Minister Pichai Chunhavajira has pledged to pursue comprehensive tax reform to strengthen the country's competitiveness and advance the adoption of digital currency in Thailand by the end of this year.

BUSINESS

Taxes on salt and fat considered

Wichit Chantanusornsiri, Published on 05/11/2024

» The Ministry of Finance is studying the feasibility of imposing taxes on products containing salt and fat as a preventive health measure.

BUSINESS

Customs urged to speed up clearance process

Business, Wichit Chantanusornsiri, Published on 03/07/2023

» Finance Minister Arkhom Termpittayapaisith has urged the Customs Department to expedite the customs clearance procedures for exports and imports, particularly those pertaining to the automotive industry.

BUSINESS

E-donations to be given tax cut priority

Business, Wichit Chantanusornsiri, Published on 11/04/2023

» Donations to education, sports and social development will only gain a double tax deduction if they are made via an electronic channel, said Vinit Visessuvanapoom, deputy director-general of the Revenue Department.

BUSINESS

BAAC sparks up cannabis farming loan scheme

Business, Wichit Chantanusornsiri, Published on 25/09/2021

» The Bank for Agriculture and Agricultural Cooperatives (BAAC) has started offering loans this month to plant cannabis for community enterprises and agricultural cooperatives after parts of the plant were taken off the narcotics list.

BUSINESS

Customs eager to extend pre-arrival processing

Business, Wichit Chantanusornsiri, Published on 28/08/2019

» The Customs Department intends to extend Pre-Arrival Processing (PAP) service, which transmits customs declarations and import documents to customs authorities electronically before the goods arrive in the destination country for cross-border land transport.

LIFE

E-stamp tax for beer brewers

Business, Wichit Chantanusornsiri, Published on 02/07/2019

» The Excise Department is about to require that local beer brewers adopt electronic stamp duty in October, aiming to fix a tax leakage problem as beer tax revenue continues to fall short of target.

BUSINESS

Farm prices increase for first time in 22 months

Business, Wichit Chantanusornsiri, Published on 28/03/2019

» The farm price index rose for the first time in 22 months in February, largely because of an increase in paddy price and a smaller decline in rubber prices, says the Fiscal Policy Office (FPO).