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BUSINESS

EVs become label-controlled

Wichit Chantanusornsiri, Published on 23/03/2026

» Electric vehicles (EVs) have officially been designated label-controlled products to ensure consumers can accurately compare the features of different brands before making a purchase.

BUSINESS

Whither populism?

Business, Wichit Chantanusornsiri, Published on 16/01/2026

» Compared with the previous election, when some parties promised to distribute hundreds of billions of baht in cash and others pledged infrastructure projects worth trillions, the level of populism in campaign pledges during this election appears to have declined, which academics see as a positive development.

BUSINESS

Call for reform as growth craters

Business, Wichit Chantanusornsiri, Published on 17/12/2025

» Political parties are being urged to demonstrate their commitment to economic reform, as next year Thailand's GDP is expected to expand by only 1.5%.

BUSINESS

Call to persist with existing debt relief schemes

Business, Wichit Chantanusornsiri, Published on 30/09/2025

» Former deputy finance minister Paopoom Rojanasakul expressed hope that the new government led by Prime Minister Anutin Charnvirakul will continue the debt relief programmes for Thais that have benefited nearly 6 million people.

BUSINESS

Economy stymied by frequent crises

Business, Wichit Chantanusornsiri, Published on 08/09/2025

» Political instability has prevented Thailand from driving forward long-term policies that could become new growth engines for the country, says Nonarit Bisonyabut, a research fellow at Thailand Development Research Institute.

BUSINESS

Tariff no threat to mid-sized motorcycles

Business, Wichit Chantanusornsiri, Published on 18/08/2025

» Thailand's medium-sized motorcycles (engines of 250-800cc), a key export product to the US, are likely to retain their market share despite the new 19% reciprocal tariff.

BUSINESS

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.

BUSINESS

Tax shift props up the auto industry

Wichit Chantanusornsiri, Published on 02/08/2025

» Former prime minister Thaksin Shinawatra said during a recent conference that the government should impose a high excise tax on imported electric vehicles (EVs) that use a low proportion of local content.

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

Earthquake unlikely to damage Thai GDP

Business, Wichit Chantanusornsiri, Published on 01/04/2025

» The impact of last week's earthquake is unlikely to affect Thai GDP this year, says Deputy Finance Minister Paopoom Rojanasakul.