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GENERAL

Excise Department mulls carbon tax

Business, Wichit Chantanusornsiri, Published on 06/09/2023

» The Excise Department is exploring the idea of a carbon tax for the energy and transport sectors to reduce carbon emissions, says director-general Ekniti Nitithanprapas.

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GENERAL

Thailand begins OECD membership process

Business, Wichit Chantanusornsiri, Published on 18/04/2024

» Thailand has developed a roadmap to become a member of the Organisation for Economic Co-operation and Development (OECD), a group of developed countries, aiming to elevate the country’s standards and broaden trade and investment opportunities.

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GENERAL

Clean energy holds short-term promise

Business, Wichit Chantanusornsiri, Published on 15/03/2024

» The government is being urged to make Thailand the regional front-runner for clean energy, promoting the sector as a new economic growth engine.

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GENERAL

Office announces export rebound thanks to farm items

Business, Wichit Chantanusornsiri, Published on 30/11/2023

» The Fiscal Policy Office reports the export sector signalled a recovery following a third consecutive month of expansion, says director-general Pornchai Thiraveja.

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GENERAL

NESDC downgrades Thai growth for 2023

Business, Wichit Chantanusornsiri, Published on 22/08/2023

» The National Economic and Social Development Council (NESDC) has revised its forecast for this year’s economic growth to 2.5-3%, down from the previous forecast of 2.7-3.7% due to the impact of the global economic slowdown, says secretary-general Danucha Pichayanan.

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GENERAL

Department urges firms to home in on ESG

Business, Wichit Chantanusornsiri, Published on 08/08/2023

» The Excise Department is advising business operators to accelerate adjustments by focusing on manufacturing products in line with the environmental, social and governance (ESG) approach to prevent an embargo on imports, says director general Ekniti Nitithanprapas.

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GENERAL

Carbon from industry added to the tax mix

Business, Wichit Chantanusornsiri, Published on 11/08/2023

» The Excise Department says the carbon tax structure will include carbon emitted by the industrial supply chain in the future.

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GENERAL

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

Carbon tax steps gradually taking shape

Business, Wichit Chantanusornsiri, Published on 04/01/2023

» The Excise Department wants to complete its study of carbon tax collection measures this year, says director-general Ekniti Nitithanprapas.

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BUSINESS

Excise Department says carbon tax in the pipeline

Business, Wichit Chantanusornsiri, Published on 12/09/2022

» It is inevitable Thailand will introduce a carbon tax to match the global trend, says Excise Department director-general Ekniti Nitithanprapas.