Showing 1 - 10 of 17
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.
Analyst wary of Chinese threat perception
Wichit Chantanusornsiri, Published on 26/08/2024
» The new government is being urged to urgently address the perception that Chinese products and investments pose a threat to Thais before the issue escalates and negatively affects Thailand's exports and tourism.
Excise eager to close booze tax loopholes
Business, Wichit Chantanusornsiri, Published on 14/08/2023
» The Excise Department plans to restructure the excise tax on liquor and beer to close loopholes, says director-general Ekniti Nitithanprapas.
Price of BEVs entitled to perks to be slashed
Business, Wichit Chantanusornsiri, Published on 22/03/2022
» The price of battery electric vehicles (BEVs) entitled to the state's subsidy and tax incentives will be reduced by at least 150,000-200,000 baht per car, said the Excise Department's director-general Lavaron Sangsnit.
Finance Ministry revises up GDP growth
Wichit Chantanusornsiri, Published on 24/05/2018
» The Finance Ministry has revised its 2018 economic growth forecast from 4.2% to 4.5%, the highest rate in five years, on rising exports and pubic investment.
Somkid moves to calm currency fears
Business, Wichit Chantanusornsiri, Published on 05/01/2018
» Deputy Prime Minister Somkid Jatusripitak is playing down warnings from some foreign research houses that Thailand risks being added to the US Treasury's watch list of potential currency manipulators, saying the government has no immediate plans to step in and curb the stronger baht.
Global trade to lift Thai GDP
Business, Wichit Chantanusornsiri, Published on 29/12/2017
» Spillover effects on the Thai economy from improving global trade are expected to continue into 2018, while this year's GDP growth could outpace the October forecast of 3.8% made by the Fiscal Policy Office (FPO).
SME hedging scheme hatched
Business, Wichit Chantanusornsiri, Published on 09/09/2017
» The government looks set to subsidise foreign exchange hedging fees for small-business operators with the aim of encouraging them to use the tool to protect against foreign currency risks.
Stronger baht seen as fleeting
Business, Wichit Chantanusornsiri, Published on 08/08/2017
» The strength of the baht, which last week leapfrogged the Korean won to become the best-performing currency in Asia against the US dollar in 2017, will be short-lived and is not a threat to exports in the second half, says Finance Minister Apisak Tantivorawong.
Debt office exploits baht strength to pay foreign debits
Business, Wichit Chantanusornsiri, Published on 26/07/2017
» The Public Debt Management Office (PDMO) is to reap a windfall from the local currency's rapid run-up by swapping foreign-denominated debt for baht-denominated debt.