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BUSINESS

Foreign investment applications rise 46% in January

Wichit Chantanusornsiri, Published on 19/02/2026

» Foreign investment applications under the Foreign Business Act were robust in January, with a total investment value of 33.8 billion baht, up 46% year-on-year, driven mainly by investors from China, Japan and Singapore.

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

Trade highway to link Laos with neighbours

Business, Wichit Chantanusornsiri, Published on 03/06/2025

» Planning has started to construct Route R12, a new trade corridor in Laos linking Thailand, Vietnam and China.

BUSINESS

Agency to rejig PHEV excise tax conditions

Wichit Chantanusornsiri, Published on 03/02/2025

» The Finance Ministry is poised to propose adjustments to the excise tax conditions for plug-in hybrid electric vehicles (PHEVs) to support manufacturers.

BUSINESS

Jockeying for pole position

Wichit Chantanusornsiri, Published on 20/01/2025

» The development of Thailand's automotive industry, which is a major contributor to the economy, is at a crossroads.

BUSINESS

Agency predicts completion of railway bridge by 2029

Business, Wichit Chantanusornsiri, Published on 06/12/2023

» The Neighbouring Countries Economic Development Cooperation Agency (Neda) expects the new bridge facilitating the Thailand-China high-speed train project's crossing between Thailand and Laos to be completed by 2029.

BUSINESS

Reform of EV duties urged

Business, Wichit Chantanusornsiri, Published on 14/02/2022

» The Finance Ministry plans to propose to the cabinet a reduction of the import duty for electric vehicles (EVs) to 40%, 20% and zero percent, each depending on the engine size, says Deputy Finance Minister Santi Promphat.

BUSINESS

Exim Bank's tools can help SMEs survive, thrive

Business, Wichit Chantanusornsiri, Published on 08/12/2021

» Although many parties share common views on a better economic outlook for Thailand and the world next year, small and medium-sized enterprises (SMEs) might still have no good reason to celebrate, said Rak Vorrakitpokatorn, president of Export-Import Bank of Thailand (Exim Bank).

BUSINESS

Planned fund to make electric cars cheaper

Business, Wichit Chantanusornsiri, Published on 26/11/2021

» A government fund is expected to subsidise the prices of electric vehicles (EVs) to keep them closer to the cost of cars powered by internal combustion engines, according to Finance Minister Arkhom Termpittayapaisith, as part of a promotion in Thailand.

BUSINESS

Forecast suggests EV tax changes will be gradual

Business, Wichit Chantanusornsiri, Published on 08/11/2021

» The Finance Ministry will maintain a balance between supporting existing manufacturers of internal combustion engine-powered cars and promoting electric vehicles (EVs) in its restructuring of the overall vehicle excise tax system, said a ministry source who requested anonymity.