Showing 1 - 10 of 39
Official calls for rejig of 2026 budget
Business, Wichit Chantanusornsiri, Published on 22/09/2025
» The government is being urged to revise its 2026 budget strategy by trimming around 200 billion baht of "non-essential" spending to accommodate the incoming wave of foreign investment flowing out of China as a result of pressure from US President Donald Trump's policies.
Ministers urged to act fast
Business, Wichit Chantanusornsiri, Published on 15/09/2025
» If the planned stimulus measures are implemented wisely and reinforced by public confidence in the new government's economic team, they could generate momentum for the Thai economy, enabling it to move forward and break free from stagnation, says Kiatanantha Lounkaew, an economics professor at Thammasat University.
Ministry prepares stimulus measures to counter tariff
Business, Wichit Chantanusornsiri, Published on 12/08/2025
» The Finance Ministry is preparing to roll out stimulus measures to offset the negative impacts of US tariffs, while also revving up its regulatory guillotine to enhance the country's competitiveness.
Tax rejig favours EVs with more local parts
Business, Wichit Chantanusornsiri, Published on 28/07/2025
» The Excise Department is preparing to adjust the excise tax structure for automobiles, linking it to the use of local content.
Call for Thai budget rejig
Business, Wichit Chantanusornsiri, Published on 16/04/2025
» Last year, for the first time in a decade, Thailand surpassed Malaysia in the IMD World Competitiveness Center's global rankings, coming in second in Southeast Asia behind Singapore, which retained the top spot at the regional level and was ranked as the world's most competitive economy.
Tax rejig for plug-in hybrids likely
Business, Wichit Chantanusornsiri, Published on 01/03/2025
» The Excise Department is preparing to adjust tax conditions to promote plug-in hybrid electric vehicles (PHEVs) by removing the requirement related to the size of the fuel tank, supporting Thailand as a production hub for this type of vehicle.
Agency to rejig PHEV excise tax conditions
Wichit Chantanusornsiri, Published on 03/02/2025
» The Finance Ministry is poised to propose adjustments to the excise tax conditions for plug-in hybrid electric vehicles (PHEVs) to support manufacturers.
Proposed battery tax rejig to reward energy efficiency
Business, Wichit Chantanusornsiri, Published on 24/01/2025
» The Finance Ministry plans to propose to the cabinet next month a revision of the battery tax from a flat rate for all battery types to a tiered rate, with more efficient batteries subject to a lower levy than less efficient batteries.
Banks expected to rejig home, car loans
Business, Wichit Chantanusornsiri, Published on 06/12/2024
» Commercial banks are expected to help restructure retail home and car loans in line with government policies, says finance permanent secretary Lavaron Sangsnit.
Legal rejig needed for foreign land leases
Wichit Chantanusornsiri, Published on 30/09/2024
» The idea of allowing foreigners to lease land in Thailand for up to 99 years, with the land transferred from private ownership to state property, may require amendments to the state property law, says finance permanent secretary Lavaron Sangsnit.