Showing 1 - 10 of 28
Thailand is losing ground to Vietnam
Business, Wichit Chantanusornsiri, Published on 23/02/2026
» Vietnam's GDP is likely to catch up with Thailand's within two years unless the latter undertakes meaningful economic reforms, warn two academics.
No time to wait for Thai fiscal reform
Oped, Wichit Chantanusornsiri, Published on 17/09/2025
» The daunting mission of the four-month-old government led by Prime Minister Anutin Charnvirakul is to revive an economy that has been sluggish for a long time. Can the Anutin government deliver? After all, tackling "bread-and-butter" issues requires fiscal sustainability.
NESDC chief calls for major reforms
Business, Wichit Chantanusornsiri, Published on 27/08/2025
» Thailand must take economic restructuring efforts more seriously for the country to move forward, says Danucha Pichayanan, secretary-general of the National Economic and Social Development Council (NESDC), who has overseen the country's economic and social policy for five years.
Government targets tax reform in attempt to boost revenue
Business, Wichit Chantanusornsiri, Published on 13/05/2025
» Tax reform to increase government revenue must be seriously pursued to enhance fiscal strength, says finance permanent secretary Lavaron Sangsnit.
Revenue collection lags pre-Covid level
Business, Wichit Chantanusornsiri, Published on 06/05/2025
» The government's revenue collection remains below the pre-Covid period and lower than that of emerging economies, according to the Fiscal Policy Office (FPO).
Pundit says China to gain from tariff move
Business, Wichit Chantanusornsiri, Published on 21/04/2025
» US President Donald Trump's tariff policy is likely to make China even stronger and clarify the trend of manufacturing base relocation from China to other countries, including Thailand, says Sompop Manarungsan, president of the Panyapiwat Institute of Management.
NESDC revises growth outlook
Business, Wichit Chantanusornsiri, Published on 20/02/2024
» The National Economic and Social Development Council (NESDC) has revised down gross domestic product (GDP) growth for 2023 and its outlook for 2024 to 1.9% and 2.7%, suggesting the Bank of Thailand (BoT) use financial measures to support the economy, says secretary-general Danucha Pichayanan.
Arkhom pours cold water on prospect of tiered VAT
Business, Wichit Chantanusornsiri, Published on 27/09/2022
» The Finance Ministry is not seriously considering introducing a two-tier value-added tax (VAT) system as revenue collection in the 2022 fiscal year is expected to hit its targets, says Arkhom Termpittayapaisith.
BAAC to help farmers hurt by rising price of fertiliser
Business, Wichit Chantanusornsiri, Published on 11/04/2022
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) has mulled two options to ease the burden on farmers caused by rising chemical fertiliser prices, says bank president Tanaratt Ngamvalairatt.
An ageing conundrum
Business, Wichit Chantanusornsiri, Published on 16/04/2021
» The Finance Ministry is growing concerned about slow economic growth prospects and higher inflationary pressure in the long term as Thailand transitions to an "aged" society.