Showing 1 - 10 of 13
Law granting rewards to customs officials faces the chop
Business, Wichit Chantanusornsiri, Published on 30/10/2025
» Thailand may have to repeal a law that grants rewards to customs officials for seizing smuggled goods in order to reduce trade barriers under the tariffs agreement with the US.
Ministry prepares stimulus measures to counter tariff
Business, Wichit Chantanusornsiri, Published on 12/08/2025
» The Finance Ministry is preparing to roll out stimulus measures to offset the negative impacts of US tariffs, while also revving up its regulatory guillotine to enhance the country's competitiveness.
Thailand mulls raft of stimulus measures
Business, Wichit Chantanusornsiri, Published on 09/05/2025
» The new economic stimulus measures currently under review cover exports, tourism, tax base expansion and agricultural development, as well as soft loans to mitigate the impacts of a stagnant economy, says Finance Minister Pichai Chunhavajira.
Free trade talks eyed with Gulf nations
Business, Wichit Chantanusornsiri, Published on 21/02/2025
» Thailand is revving up free trade agreement (FTA) negotiations with Gulf countries to enhance trade, tourism and investment.
Taxes on salt and fat considered
Wichit Chantanusornsiri, Published on 05/11/2024
» The Ministry of Finance is studying the feasibility of imposing taxes on products containing salt and fat as a preventive health measure.
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.
Fiscal status unfazed by continued tax discount
Business, Wichit Chantanusornsiri, Published on 18/01/2023
» The Finance Ministry is confident the cabinet's decision to extend the diesel excise tax cut by another four months will not affect the country's fiscal status as net revenue collection for fiscal 2023 is expected to exceed the target, says Deputy Finance Minister Santi Promphat.
Stimulus a band-aid for gaping wounds
News, Wichit Chantanusornsiri, Published on 28/11/2019
» Despite several "stimulus" measures launched by the government in the past year, the Thai economy is still being buffeted by the volatility of international trade. This year's growth projection has been adjusted to a level much lower than previous predictions due to a slowdown in exports, which account for 70% of the economy.
Farmer subsidy sign-ups outpace budgeted funds
Business, Wichit Chantanusornsiri, Published on 08/11/2019
» At least 2.6 billion baht must be added to the subsidy scheme for rice farmers after the number of participants was higher than expected, says the Bank for Agriculture and Agricultural Cooperatives (BAAC).
BAAC crop insurance to cover fruit and dairy farms
Business, Wichit Chantanusornsiri, Published on 22/07/2019
» The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) plans to expand crop insurance to cover fruit and dairy farming in response to farmers' interest in protection against natural disasters.