Showing 1 - 10 of 385
Home seizures spike on bad debt
Business, Wichit Chantanusornsiri, Published on 25/11/2025
» The state planning unit has raised concerns about mortgage borrowers as new data shows a significant increase in homes being seized and put up for auction.
Developers demand urgent measures
Business, Wichit Chantanusornsiri, Published on 24/11/2025
» Real estate developers have reiterated their calls for the government to expedite financial and tax relief measures, noting the sector is on track to record its lowest growth in two decades.
Import duty planned on Jan 1 for low-cost goods
Business, Wichit Chantanusornsiri, Published on 06/11/2025
» The Customs Department is preparing to impose import duties on goods valued less than 1,500 baht (the de minimis value) starting Jan 1 next year to create fair competition for domestic businesses.
State enterprises vital to OECD negotiations
Business, Wichit Chantanusornsiri, Published on 17/10/2025
» The Organisation for Economic Co-operation and Development (OECD) is requiring Thailand ensure non-discrimination in the bidding processes of its state-owned enterprises (SOEs), while Thailand has requested a five-year period to implement the necessary adjustments.
Co-payment, welfare card schemes backed to lift GDP
Business, Wichit Chantanusornsiri, Published on 06/10/2025
» The Finance Ministry expects the "Khon La Khrueng" co-payment scheme and increased allowances under the state welfare card programme to lift private consumption by 0.87 percentage points.
New stimulus to turbocharge GDP
Business, Wichit Chantanusornsiri, Published on 02/10/2025
» New Finance Minister Ekniti Nitithanprapas says the government's economic stimulus plan will enable GDP expansion of more than 1% in the fourth quarter, up from an earlier forecast of just 0.3%.
SLF to require B20bn in state support yearly through 2030
Business, Wichit Chantanusornsiri, Published on 23/09/2025
» The Student Loan Fund (SLF) needs to request more than 20 billion baht in annual government support through 2030 to shore up liquidity, as loan applications remain consistently high while repayments are declining.
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.
VAT rate to remain at 7% for another year
Wichit Chantanusornsiri, Published on 09/09/2025
» The outgoing caretaker cabinet has approved an extension of the 7% value-added tax (VAT) rate until the end of September 2026 to ease economic pressures and sustain domestic consumption, caretaker deputy finance minister Julapun Amornvivat said on Tuesday.
Ministry: GDP growth to exceed 2.2%
Business, Wichit Chantanusornsiri, Published on 28/08/2025
» Thailand's economic growth this year is expected to surpass the Finance Ministry's earlier forecast of 2.2%, driven by the positive impact of the US reciprocal tariff, which gives the country a competitive edge over its rivals.