Showing 1 - 10 of 25
Minister clarifies digital services accord
Business, Wichit Chantanusornsiri, Published on 11/11/2025
» The Agreement on Reciprocal Trade between the US and Thailand regarding the exemption of import duties on digital services concerns the downloading of cross-border digital goods, not the provision of cross-border services or e-service tax, says Finance Minister Ekniti Nitithanprapas.
Budget for elderly welfare ballooning
Business, Wichit Chantanusornsiri, Published on 17/09/2025
» The budget for elderly welfare has surged, reaching 365 billion baht in fiscal 2026, which is 50% higher than 10 years ago, reflecting Thailand's transition to an ageing society, according to the Budget Bureau.
No time to wait for Thai fiscal reform
Oped, Wichit Chantanusornsiri, Published on 17/09/2025
» The daunting mission of the four-month-old government led by Prime Minister Anutin Charnvirakul is to revive an economy that has been sluggish for a long time. Can the Anutin government deliver? After all, tackling "bread-and-butter" issues requires fiscal sustainability.
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.
Call for Thai budget rejig
Business, Wichit Chantanusornsiri, Published on 16/04/2025
» Last year, for the first time in a decade, Thailand surpassed Malaysia in the IMD World Competitiveness Center's global rankings, coming in second in Southeast Asia behind Singapore, which retained the top spot at the regional level and was ranked as the world's most competitive economy.
State advised to help support senior housing
Business, Wichit Chantanusornsiri, Published on 30/11/2024
» The government is being urged to support senior housing projects by offering tax incentives and low-interest loans.
Online sales platforms being brought into tax system
Wichit Chantanusornsiri, Published on 04/09/2024
» The Ministry of Finance is preparing to bring online sales platforms into the Thai tax system after the cabinet resolved that the platforms must register for value-added tax (VAT).
A closer inspection of negative income tax
Business, Wichit Chantanusornsiri, Published on 29/08/2024
» The first vision statement by former premier Thaksin Shinawatra, after 17 years away from Thailand, has garnered interest on several points, including the proposal of a negative income tax (NIT).
Officials ordered to draw up plans for economic stimulus
Business, Wichit Chantanusornsiri, Published on 01/06/2024
» Deputy Finance Minister Julapun Amornvivat has told three tax-related departments to devise stimulus measures to be presented to the economic cabinet within a week and a half.
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.