Showing 1 - 10 of 38
Office says fiscal space remains sound, though limited
Business, Wichit Chantanusornsiri, Published on 04/02/2026
» Thailand will still have sufficient fiscal space to cope with potential crises, while the likelihood of public debt breaching the statutory ceiling of 70% of GDP remains very low this year, says the Public Debt Management Office (PDMO).
Nation urged to play to its strengths
Business, Wichit Chantanusornsiri, Published on 15/12/2025
» Thailand must recalibrate its strategic positioning to remain competitive in the evolving global landscape, concentrating only on sectors where it offers true strengths, rather than spreading its efforts across many industries as in the past through the 10-cluster policy, according to an economics analyst.
Office outlines expected goals for revised fiscal framework
Business, Wichit Chantanusornsiri, Published on 03/11/2025
» The revised medium-term fiscal framework should focus on strengthening revenue generation and rationalising government expenditure to reinforce fiscal credibility with ratings agencies, says the chief of the Fiscal Policy Office (FPO).
Analyst urges narrower interest rate spread
Business, Wichit Chantanusornsiri, Published on 29/09/2025
» The new governor of the Bank of Thailand is being urged to prioritise narrowing the spread between lending and deposit interest rates, which is the highest in Southeast Asia, while also managing the baht to align with regional currencies.
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.
Government upbeat on steady credit rating
Business, Wichit Chantanusornsiri, Published on 25/04/2025
» The government remains confident that credit rating agencies will maintain Thailand's sovereign credit rating at its current level thanks to the strength of Thai financial institutions and the country's ability to retain fiscal discipline after the Covid-19 crisis.
Most personal income tax refunds processed
Business, Wichit Chantanusornsiri, Published on 10/04/2025
» The Revenue Department has already fulfilled 83% of personal income tax refund requests, according to the department chief.
Agency undaunted by Thailand's public debt level
Business, Wichit Chantanusornsiri, Published on 28/10/2024
» The government's level of public debt is not yet a concern compared with countries that have a similar credit rating to Thailand, according to the Public Debt Management Office (PDMO).
Minister seeks to escalate collaboration with China
Business, Wichit Chantanusornsiri, Published on 11/09/2024
» Thailand needs to ramp up collaboration with China to become a gateway for Chinese exports via the proposed land bridge project, says Finance Minister Pichai Chunhavajira.
PM orders sweeping review of taxes
Business, Wichit Chantanusornsiri, Published on 19/09/2023
» Prime Minister Srettha Thavisin has ordered the Finance Ministry to review the new land and building tax, as well as inheritance tax, in an effort to reduce income disparity.