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Search Result for “VAT threshold”

Showing 1 - 10 of 46

OPINION

Thai baht under watch

News, Editorial, Published on 03/02/2026

» As Thailand heads to the polls this Sunday, the campaign trail has been crowded with promises of wage hikes, subsidies and generous domestic giveaways. Yet last week, a far more sobering message arrived from Washington. The US Treasury has placed Thailand back on its currency monitoring list, a move that carries implications well beyond a routine financial assessment.

OPINION

Plentiful policy on offer

Oped, Editorial, Published on 19/01/2026

» Thailand is heading towards a consequential general election on Feb 8. In the weeks leading up to polling day, voters have been bombarded with policy proposals from across the political spectrum. Many are attractively packaged and, if fully realised, would seemingly transform the country overnight.

OPINION

Grasping the VAT nettle

Oped, Editorial, Published on 24/11/2025

» The proposal to raise value-added tax from 7% to 8.5% in 2028, and to 10% in 2030, by Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas is a display of political courage rarely seen in a political landscape where politicians are quick to spend money in the name of "economic stimulus" but stay mum when asked how to finance the schemes.

OPINION

Lead paint risk lives on

Oped, Editorial, Published on 05/08/2025

» A recent pollution study has revealed that lead-based paint remains a persistent threat in homes and buildings, despite government efforts to reduce the risks.

OPINION

Communication is key

News, Editorial, Published on 12/12/2024

» Prime Minister Paetongtarn Shinawatra's public address today, outlining her government's achievements over the past three months, appears to be a move to shore up a faltering communication strategy after a series of recent missteps.

OPINION

VAT rise needs care

News, Editorial, Published on 09/12/2024

» The debate over a potential value-added tax (VAT) hike has reignited following remarks by Finance Minister Pichai Chunhavajira at a seminar, where he mentioned ongoing studies on tax reform, including VAT adjustments.

OPINION

Welcome ethics move

Oped, Editorial, Published on 26/09/2024

» In a compromise, the ruling Pheu Thai Party has pledged to refrain from amending the charter governing ethical standards for political officeholders. Deputy Prime Minister Phumtham Wechayachai said on Tuesday the party wants to listen to its coalition partners. Among them, the Bhumjaithai Party openly disagreed with Pheu Thai on the issue.

OPINION

Charter push is risky

News, Editorial, Published on 23/09/2024

» It is rare to see a ruling party and a main opposition party join hands in rewriting the constitution. But such is the case with the Pheu Thai Party and the People's Party, a reincarnation of the Move Forward Party, as they push with all their might to amend some sections of the junta-sponsored 2017 constitution.

OPINION

Energy ghost resurrected

Oped, Editorial, Published on 14/09/2024

» Each new government must apparently now have its own "flagship" energy policy.

OPINION

Adapt to new tax policy

News, Editorial, Published on 09/09/2024

» Thailand is now faced with the inevitable task of imposing a top-up tax on transnational firms operating within its borders, in compliance with the global requirements of the Global Minimum Tax (GMT). This tax policy imposes a formidable challenge for the government as it seeks to maintain the nation's competitiveness and continue attracting vital foreign direct investment (FDI).