Showing 1 - 10 of 563
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.
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.
Fake Thai exports face fresh crackdown
Business, Wichit Chantanusornsiri, Published on 06/03/2026
» Thailand faces closer scrutiny over products falsely claiming "Made in Thailand" status that are exported to the US, following a surge in Thai exports to the American market over the past year.
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.
Excise Department set to hit B578bn goal
Business, Wichit Chantanusornsiri, Published on 18/02/2026
» The Excise Department expects its revenue collection for this year to meet its target of 578 billion baht, after revenue collection during the first four months of fiscal 2026 exceeded the target by nearly 5%.
Tobacco Authority of Thailand targets B1.2bn in export revenue
Business, Wichit Chantanusornsiri, Published on 14/02/2026
» The Tobacco Authority of Thailand aims to boost exports this year, aiming to raise its cigarette export revenue to 1.2 billion baht, up from 800 million baht in 2025.