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Search Result for “sharp decline in tourism”

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BUSINESS

State firms told to avoid borrowing when investing

Business, Wichit Chantanusornsiri, Published on 17/02/2026

» The Finance Ministry may require state-owned enterprises planning new investments to rely primarily on their own revenues to reduce the burden on public debt.

BUSINESS

Customs mulls duty hike on luxury goods

Business, Wichit Chantanusornsiri, Published on 16/02/2026

» The Customs Department is considering raising import duties on luxury goods to increase government revenue.

BUSINESS

Finance chief vows to keep policy stable

Wichit Chantanusornsiri, Published on 09/02/2026

» Caretaker finance minister Ekniti Nitithanprapas has reaffirmed that economic policies will remain in place after the formation of a new government, adding that it will push for 2026 to be a “year of investment”.

BUSINESS

New fund may finance electric rail lines

Business, Wichit Chantanusornsiri, Published on 02/02/2026

» The State Enterprise Policy Office (Sepo) is studying guidelines for establishing a 200-billion-baht Thailand Future Fund to acquire all electric railway projects in Bangkok and surrounding areas, bringing them under state ownership.

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 swift reform of tax incentives

Business, Wichit Chantanusornsiri, Published on 08/01/2026

» Tax benefits for salaried workers will gradually decline from 2027 if long-term savings and investment measures are not improved, says caretaker finance minister Ekniti Nitithanprapas.

THAILAND

PM to discuss inter-agency data bureau system

News, Wichit Chantanusornsiri, Published on 07/01/2026

» Prime Minister Anutin Charnvirakul will attend a Finance Ministry subcommittee meeting Friday under the "Connect the Dots" initiative, aimed at establishing a data bureau system to tackle money laundering and illicit financial flows linked to grey capital.

BUSINESS

Corporate tax refunds dent fiscal 2026 revenue collection

Business, Wichit Chantanusornsiri, Published on 29/12/2025

» The government's net revenue collection during the first two months of fiscal 2026 amounted to 385 billion baht, 7% below target, mainly due to accelerated refunds of corporate income tax.

BUSINESS

Fiscal decline expected to pressure Thailand over the medium term

Business, Wichit Chantanusornsiri, Published on 27/12/2025

» In 2026, the incoming government is likely to face a host of internal and external challenges, with Thailand's fiscal position a longstanding problem that has become more strained amid sluggish economic growth.

BUSINESS

Trump looms large in 2026 local outlook

Business, Wichit Chantanusornsiri, Published on 23/12/2025

» The global economy in 2026 is likely to continue to be shaped by US President Donald Trump's policies, especially concerning trade, with Thailand already affected by his tariffs policy.