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BUSINESS

Customs mulls higher import duty rate

Business, Wichit Chantanusornsiri, Published on 12/01/2026

» The Customs Department is considering raising the import duty rate on goods with a low value and applying a single, uniform rate to promote fairer competition between domestically produced goods and imported products.

BUSINESS

NESDC chief calls for major reforms

Business, Wichit Chantanusornsiri, Published on 27/08/2025

» Thailand must take economic restructuring efforts more seriously for the country to move forward, says Danucha Pichayanan, secretary-general of the National Economic and Social Development Council (NESDC), who has overseen the country's economic and social policy for five years.

BUSINESS

Coup fears mount amidst turbulence

Business, Wichit Chantanusornsiri, Published on 20/06/2025

» Thailand's economy could face its greatest risk if political changes occur in ways that do not follow democratic processes, warns a Thailand Development Research Institute (TDRI) economist.

BUSINESS

Finance Minister says low inflation, strong baht hinder growth

Business, Wichit Chantanusornsiri, Published on 20/12/2024

» Inflation remains too low and the baht is excessively strong, which is not conducive to economic expansion, says Finance Minister Pichai Chunhavajira.

BUSINESS

Customs clarifies inspection policy

Business, Wichit Chantanusornsiri, Published on 06/02/2023

» Customs Department deputy director-general Phantong Loykulnanta has emphasised customs officials will not conduct personal inspections of arriving foreign tourists at airports, even if they are carrying or wearing multi-million-baht personal items.

OPINION

Instability threatens economic growth

News, Wichit Chantanusornsiri, Published on 27/04/2019

» Without decisive winners from the March 24 poll, there are fears that political instability will affect the country's economy. Such concerns are understandable given that three parties, namely the pro-military Palang Pracharath Party, and Pheu Thai Party and Future Forward Party (which brand themselves as the anti-regime camp), are engaging in a post-election tug of war.

THAILAND

Royal coins out on April 6 show sense of lineage

News, Wichit Chantanusornsiri, Published on 29/03/2018

» The first series of coins for circulation depicting His Majesty King Maha Vajiralongkorn Bodindradebayavarangkun in nine denominations will debut on Chakri Memorial Day this April 6.