Showing 1 - 10 of 31
Tax shift props up the auto industry
Wichit Chantanusornsiri, Published on 02/08/2025
» Former prime minister Thaksin Shinawatra said during a recent conference that the government should impose a high excise tax on imported electric vehicles (EVs) that use a low proportion of local content.
Tax rejig favours EVs with more local parts
Business, Wichit Chantanusornsiri, Published on 28/07/2025
» The Excise Department is preparing to adjust the excise tax structure for automobiles, linking it to the use of local content.
Budget Bureau allocates B87.36bn for stimulus projects
Wichit Chantanusornsiri, Published on 25/07/2025
» The Budget Bureau has allocated a total of 87.36 billion baht to fund 148 economic stimulus projects, according to Theerarak Saengsanit, deputy permanent secretary for finance.
Thailand 'can't match' Vietnam's US tariff proposals
Business, Wichit Chantanusornsiri, Published on 21/07/2025
» Thailand cannot offer the same kind of trade proposals to the United States as Vietnam did, warns Somjai Phagaphasvivat, an expert in international economics, who added that Vietnam was able to remove tariffs on all US imports because it has free trade agreements (FTAs) with 27 countries, which have already reduced most of Vietnam's import tariffs to zero.
Thai govt loans to cushion blow of Trump tariffs
Wichit Chantanusornsiri, Published on 14/07/2025
» The Government Savings Bank (GSB) has been ordered to provide 200 billion baht in soft loans to support Thai entrepreneurs hit by US President Donald Trump's tariff measures.
Tariffs part of power struggle
Business, Wichit Chantanusornsiri, Published on 11/07/2025
» Thailand is caught in a power struggle between global superpowers, with each wanting the nation to take sides by using tariff measures as leverage, says a government official.
Thais revise trade offer with US
News, Wichit Chantanusornsiri, Published on 08/07/2025
» Thailand has offered to commit to a 20-year liquefied natural gas (LNG) import deal with the United States, and plans to acquire Boeing aircraft over the coming years to avert a punitive 36% export levy threatened by the Trump administration, according to Deputy Prime Minister and Finance Minister Pichai Chunhavajira.
Firms call for calm amid political tumult
Business, Wichit Chantanusornsiri, Published on 03/07/2025
» Three major private sector groups have expressed growing concern over political instability, urging the government to ramp up efforts to rebuild trust and confidence among the public and businesses.
B5 billion goal for small business debt restructuring
Business, Wichit Chantanusornsiri, Published on 07/01/2025
» The Thai Credit Guarantee Corporation (TCG) expects to restructure debts for more than 5,000 companies this year, with a total debt value of about 5 billion baht.
Department mulls carbon tax collection
Business, Wichit Chantanusornsiri, Published on 01/10/2024
» The Excise Department plans to initially implement a carbon tax rate on refined oil equivalent to Singapore's, according to the chief of the Excise Department.