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BUSINESS

Fiscal 2026 state spending to post little growth

Business, Wichit Chantanusornsiri, Published on 15/08/2025

» The budget for fiscal 2026 is likely to mark the first year in which government spending will see little to no growth, according to finance permanent secretary Lavaron Sangsnit.

BUSINESS

Thailand sets sights on US gas

News, Wichit Chantanusornsiri, Published on 17/04/2025

» Thailand plans to buy an additional 1 million tonnes of liquefied natural gas (LNG) worth US$500 million (about 16.6 billion baht) from the United States over the next five years as part of efforts to ease the trade imbalance that led Washington to impose a high tariff on Thai exports.

BUSINESS

Trading measures lifted next week

Business, Wichit Chantanusornsiri, Published on 11/04/2025

» The government plans to lift temporary measures to reduce volatility on the Stock Exchange of Thailand (SET), the Market for Alternative Investment (MAI) and the Thailand Futures Exchange (TFEX) on April 16.

BUSINESS

Seminar sets out strategic pathway for state enterprises

Business, Wichit Chantanusornsiri, Published on 03/02/2025

» State enterprises are being urged to accelerate their adaptation to the government's technological advancements, enhance flexibility in their operations, and implement policies that promote long-term sustainability.

BUSINESS

Cabinet okays 2026 budget of B3.78tn

Business, Wichit Chantanusornsiri, Published on 08/01/2025

» The cabinet has approved the fiscal 2026 budget framework of 3.78 trillion baht, with a budget deficit of 860 billion baht, which is 5 billion lower than the 2025 budget.

BUSINESS

Thai finance minister raises hackles over taxes

Business, Wichit Chantanusornsiri, Published on 26/12/2024

» Thailand's Finance Minister Pichai Chunhavajira may be the first finance minister under an elected government with a civilian prime minister to propose a hike to the value-added tax (VAT) rate, which has remained at 7% since 1992.

BUSINESS

Decree to ring in Top-Up Tax in 2025

Business, Wichit Chantanusornsiri, Published on 24/12/2024

» The government says it is committed to implementing an emergency decree for the so-called Top-Up Tax in 2025, with expectations of increasing state revenue by over 10 billion baht per year.

BUSINESS

Financial centre hub panel sets framework

Business, Wichit Chantanusornsiri, Published on 12/10/2024

» A working panel on policy formulation and drafting laws to establish a financial hub yesterday agreed on a framework for such centres and drawing up legislation.

BUSINESS

Ministries eye concessions for Bangkok train lines

Business, Wichit Chantanusornsiri, Published on 16/09/2024

» The Finance Ministry and Transport Ministry have begun exploring the idea of acquiring the concessions for seven electric train lines, valued at roughly 500 billion baht, to bring them under state ownership.

BUSINESS

Recalculation leads to dip in Student Loan Fund's debt

Business, Wichit Chantanusornsiri, Published on 20/07/2024

» A new method for calculating debt has resulted in a reduction of the Student Loan Fund's (SLF) debts by 56 billion baht, according to the Finance Ministry.