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BUSINESS

Thailand mulls windfall tax on oil refineries

Business, Wichit Chantanusornsiri, Published on 28/03/2026

» The Fiscal Policy Office (FPO) has acknowledged it is studying the feasibility of introducing a windfall tax on refinery businesses in Thailand.

THAILAND

Thailand touts 0.8% growth boost from casino complex

News, Wichit Chantanusornsiri, Published on 05/06/2025

» The government says an entertainment complex featuring a casino will still be an economic growth engine with the Finance Ministry projecting it will drive a 0.8% increase in GDP.

BUSINESS

Senator eager to improve casino plan

Business, Wichit Chantanusornsiri, Published on 01/04/2024

» With the resurgence of interest in legalising casinos to bolster economic growth as the digital wallet and Land Bridge policies remain on hold, the government is being urged to reassess the details of a proposed casino and entertainment complex.

BUSINESS

B10,000 handout may face legal roadblocks

Business, Wichit Chantanusornsiri, Published on 13/11/2023

» The government's digital money handout will not be implemented until the legal process for the project has been finalised, says Deputy Finance Minister Julapun Amornvivat.

BUSINESS

Going global

Business, Wichit Chantanusornsiri, Published on 24/07/2023

» Why are Thai small and medium-sized enterprises (SMEs) unable to penetrate foreign markets as other countries do? Apart from a lack of courage in tackling obstacles to international trade, Thai SMEs' lack of research and development (R&D) is one of the key factors hindering them from entering the global market.

BUSINESS

BAAC sparks up cannabis farming loan scheme

Business, Wichit Chantanusornsiri, Published on 25/09/2021

» The Bank for Agriculture and Agricultural Cooperatives (BAAC) has started offering loans this month to plant cannabis for community enterprises and agricultural cooperatives after parts of the plant were taken off the narcotics list.

BUSINESS

Excise to study reworked EV taxes

Business, Wichit Chantanusornsiri, Published on 14/11/2020

» Finance Minister Arkhom Termpittayapaisith has ordered the Excise Department to study the excise tax structure on electric vehicles (EV) to promote industry development and lower the price of EVs.

BUSINESS

MCOT 'not insolvent' as cash shrinks

Business, Wichit Chantanusornsiri, Published on 09/07/2020

» State-owned broadcaster MCOT is going through a liquidity crunch but is not insolvent, says a source at the Finance Ministry who requested anonymity.

BUSINESS

Four firms' shares to seek bids

Business, Wichit Chantanusornsiri, Published on 26/02/2020

» The State Enterprise Policy Office (Sepo) will put up for auction the shares of four more companies by September, part of a planned divestment of non-listed firms in which the Finance Ministry owns less than a 50% stake.

BUSINESS

Soft loans, TV reality show boost for street-food vendors

Wichit Chantanusornsiri, Published on 05/03/2019

» The state-owned Government Savings Bank has allocated 5 billion baht for soft loans to 100,000 street-food vendors this year, almost double last year’s amount.