Showing 1 - 10 of 532
Budget tightened amid crisis focus
Business, Wichit Chantanusornsiri, Published on 21/04/2026
» Prime Minister Anutin Charnvirakul has ordered that the fiscal 2027 budget be aligned with current crisis conditions, prioritising cuts to non-essential spending and limiting requests for additional budget allocations by government agencies to investment spending only.
Fuel crisis upends state's fiscal plans
Business, Wichit Chantanusornsiri, Published on 17/04/2026
» The energy crisis may pose a challenge for the government in pursuing its fiscal plan, which aims to reduce the fiscal deficit to no more than 3% of GDP, increase revenue through a higher value-added tax (VAT), and keep public debt below 70% of GDP, according to the Finance Ministry.
GH Bank aims to elevate operations with digital upgrade
Business, Wichit Chantanusornsiri, Published on 14/04/2026
» Government Housing (GH) Bank, a state financial institution specialising in housing loans, is preparing to upgrade its operations through digital transformation and the adoption of generative artificial intelligence (AI).
Analyst urges united front on hardships
Business, Wichit Chantanusornsiri, Published on 06/04/2026
» Dealing with crises is not the responsibility of an individual or the government alone -- it requires a collective effort as new crises often arise before existing ones have been fully resolved, says an analyst from Thailand Development Research Institute (TDRI).
Ekniti says fiscal position able to weather crisis
Business, Wichit Chantanusornsiri, Published on 02/04/2026
» The government's fiscal position remains strong and is sufficient to withstand shocks from an economic crisis, according to Finance Minister Ekniti Nitithanprapas.
Oil tax cuts possible if subsidies get too pricey
Wichit Chantanusornsiri, Published on 18/03/2026
» Officials at the Ministry of Finance are preparing measures to reduce excise taxes on fuel, as well as draft legislation to allow the Oil Fuel Fund to borrow additional funds to stabilise domestic prices.
Oil price spike forecast to slash Thai GDP growth
Business, Wichit Chantanusornsiri, Published on 18/03/2026
» Every US$10 increase in the oil price per barrel is expected to reduce Thai GDP by 0.2 percentage points, according to caretaker finance minister Ekniti Nitithanprapas.
Fiscal position ‘sufficient’ for fuel subsidies
Wichit Chantanusornsiri, Published on 10/03/2026
» The government is in good fiscal condition, with a buffer of 300 billion baht if it needs to guarantee loans for the Oil Fuel Fund for subsidies, according to the Ministry of Finance.
Omnibus law sought to unlock investment
Business, Wichit Chantanusornsiri, Published on 25/02/2026
» The government is preparing to introduce an omnibus law to remove investment bottlenecks, with the hope of attracting 900 billion baht in actual investment this year from projects that have applied for investment promotion with the Board of Investment (BoI).
Ekniti welcomes latest US tariff measures
Business, Wichit Chantanusornsiri, Published on 24/02/2026
» The latest US tariff measures, which impose a uniform 15% import tariff on goods worldwide, is seen as a positive signal for the Thai economy and is expected to help push Thailand's GDP growth above 2%, says caretaker finance minister Ekniti Nitithanprapas.