Showing 1 - 10 of 11
Tobacco Authority of Thailand targets B1.2bn in export revenue
Business, Wichit Chantanusornsiri, Published on 14/02/2026
» The Tobacco Authority of Thailand aims to boost exports this year, aiming to raise its cigarette export revenue to 1.2 billion baht, up from 800 million baht in 2025.
Tax reform in the limelight
Business, Wichit Chantanusornsiri, Published on 01/01/2025
» In 2025, a key government policy to monitor is tax reform initiatives recently floated by Finance Minister Pichai Chunhavajira.
Dual rates cut into tobacco tax revenue
Business, Wichit Chantanusornsiri, Published on 06/02/2024
» Using a dual cigarette tax rate has reduced the government's cigarette tax revenue by roughly 23 billion baht, says Tobacco Authority of Thailand governor Poomjit Pongpanngam.
Talks to broach cigarette tax
Business, Wichit Chantanusornsiri, Published on 25/08/2021
» Deputy Finance Minister Santi Prompat says he will discuss with Finance Minister Arkhom Termpittayapaisith the new excise tax structure for cigarettes, which is under review, before proposing it for the cabinet's consideration next month.
Cigarette excise rejig to level field
Business, Wichit Chantanusornsiri, Published on 30/01/2021
» The amended excise tax structure for cigarettes is scheduled to take effect on Oct 1, in response to the Tobacco Authority of Thailand's request to review the 40% flat tax rate, says the Excise Department.
Department mulls excise tax structure for cigarettes
Business, Wichit Chantanusornsiri, Published on 14/12/2020
» The Excise Department is deliberating on the excise tax structure for cigarettes to strike a balance between public revenue, farmers' income, public health and tackling illegal cigarettes.
Predee quits finance post
News, Wichit Chantanusornsiri, Published on 02/09/2020
» Finance Minister Predee Daochai has resigned after only 26 days in the job in the wake of a reported conflict with his deputy over the appointment of the director-general of the Excise Department.
Savvy excise tax hike going up in smoke
News, Wichit Chantanusornsiri, Published on 06/09/2018
» I have a strong reason to oppose the recent decision by the Finance Ministry to delay an increase in excise tax on cigarettes for another two years, from next year to October 2021. The delay doesn't spell good news for the state coffers, which is one consideration. Another concern is that it would deal a harsh blow to the state's efforts to discourage young smokers.
Cigarette tax hike likely pushed to 2021
Business, Wichit Chantanusornsiri, Published on 28/08/2018
» The Finance Ministry has informally delayed doubling the excise tax on cigarettes to 40% for another two years to October 2021, claiming the higher levy will be a heavy blow to state-run Thailand Tobacco Monopoly's (TTM) sales revenue, and impede on its plan to buy tobacco from local farmers.
Climbing the ladder of Thai banking
Business, Wichit Chantanusornsiri, Published on 21/04/2018
» Chatchai Payuhanaveechai once saw his career in the banking industry as a path to follow in his parent's footsteps and become a retail merchant, but he's not only remained a banker for more than three decades -- he also managed to climb to the top post at state-owned Government Savings Bank (GSB).