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BUSINESS

State rice support measures extended

Business, Wichit Chantanusornsiri, Published on 07/01/2026

» The cabinet has approved an extension of the government's rice support measures, citing ongoing volatility in the global rice market.

BUSINESS

Corporate tax refunds dent fiscal 2026 revenue collection

Business, Wichit Chantanusornsiri, Published on 29/12/2025

» The government's net revenue collection during the first two months of fiscal 2026 amounted to 385 billion baht, 7% below target, mainly due to accelerated refunds of corporate income tax.

BUSINESS

Fiscal decline expected to pressure Thailand over the medium term

Business, Wichit Chantanusornsiri, Published on 27/12/2025

» In 2026, the incoming government is likely to face a host of internal and external challenges, with Thailand's fiscal position a longstanding problem that has become more strained amid sluggish economic growth.

BUSINESS

State training scheme fails to attract entrepreneurs

Business, Wichit Chantanusornsiri, Published on 25/12/2025

» The government's upskilling and reskilling programme for small entrepreneurs under the "Khon La Khrueng Plus" (half-half plus) scheme has attracted only 98,930 small merchants, or 24% of the targeted 400,000 participants.

BUSINESS

Government hunts for revenue as debt mounts

Business, Wichit Chantanusornsiri, Published on 08/12/2025

» The government's growing interest burden has steadily eroded treasury reserves over the past four years, prompting the administration to urgently look for ways to increase revenue before the country's credit rating is adversely affected.

BUSINESS

S&P stance backs state policy

Business, Wichit Chantanusornsiri, Published on 15/11/2025

» S&P Global Ratings' affirmation of Thailand's credit rating and outlook underscores confidence in the government's economic policies, which are focused on transparency and strong fiscal discipline, says Finance Minister Ekniti Nitithanprapas.

THAILAND

Five new measures aim to boost domestic tourism

News, Wichit Chantanusornsiri, Published on 22/10/2025

» The government has approved five new measures to boost domestic tourism in the final quarter to prevent the economy from slowing down before the year's end, according to finance permanent secretary Lavaron Sangsnit.

BUSINESS

Influencers and online sellers in Thai taxman’s sights

Wichit Chantanusornsiri, Published on 16/10/2025

» The Revenue Department has reiterated that all individuals who earn income — regardless of the source, including from online sales or influencer activities — are required to file and pay income tax.

BUSINESS

Finance Ministry preps tax reform timeline

Business, Wichit Chantanusornsiri, Published on 14/10/2025

» The Finance Ministry is preparing a timeline for its tax reform plan, covering both tax increases and reductions.

BUSINESS

PM's 'nightmare' is Vietnam surge

Business, Wichit Chantanusornsiri, Published on 09/10/2025

» Prime Minister Anutin Charnvirakul says it is a "nightmare" to see Thailand's economy lagging behind Vietnam.