Showing 1 - 10 of 30
Final phase of sugar tax takes effect
Business, Wichit Chantanusornsiri, Published on 10/04/2025
» Beverage manufacturers and producers of sweetened products that fail to reformulate their recipes to reduce sugar content face higher excise taxes under the final phase of the sugar tax now in effect, says the Ministry of Finance.
Excise Department preps salt tax roadmap
Business, Wichit Chantanusornsiri, Published on 18/02/2025
» The Excise Department has laid out a roadmap for the imposition of a salt tax (sodium tax), which would start with snack foods, which are known to possess little to no nutritional value.
Exports, tourism to underpin economy
Business, Wichit Chantanusornsiri, Published on 28/12/2024
» Exports and tourism are expected to continue supporting Thailand's economy, but the automotive industry remains a key area of concern, according to the Finance Ministry.
Thailand's proposed salt tax to be a tiered system
Business, Wichit Chantanusornsiri, Published on 26/12/2024
» The planned "salt tax" is expected to materialise within the next year, with implementation in the form of a tiered system based on sodium levels.
Exim Bank anticipates 3% export growth
Business, Wichit Chantanusornsiri, Published on 17/12/2024
» The Export-Import Bank of Thailand (Exim Bank) projects exports to grow by 3% both this year and next, marking the first time in six years that export growth has achieved this level.
Auto sector dents recovery indicators
Business, Wichit Chantanusornsiri, Published on 29/11/2024
» The Thai economy continues to benefit from growth in exports, tourism and improved private consumption and investment, yet challenges persist in the automotive sector, according to the Fiscal Policy Office (FPO).
Move to scrap tax on specially modified vehicles
Business, Wichit Chantanusornsiri, Published on 03/10/2024
» The Excise Department is preparing to issue a ministerial regulation to waive taxes on cars designed for the elderly or people with disabilities, down from the current rate of 25-40%.
Department mulls carbon tax collection
Business, Wichit Chantanusornsiri, Published on 01/10/2024
» The Excise Department plans to initially implement a carbon tax rate on refined oil equivalent to Singapore's, according to the chief of the Excise Department.
Office announces export rebound thanks to farm items
Business, Wichit Chantanusornsiri, Published on 30/11/2023
» The Fiscal Policy Office reports the export sector signalled a recovery following a third consecutive month of expansion, says director-general Pornchai Thiraveja.
Department plans to study a sodium tax
Business, Wichit Chantanusornsiri, Published on 15/08/2023
» The Excise Department is planning a study of sodium tax collection measures after the success of the "sweet tax" on sugar-sweetened beverages implemented in 2017 to shift consumer and industry behaviour towards making healthier choices, says director-general Ekniti Nitithanprapas.