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BUSINESS

Ministry eyes oil excise tax trims

Business, Wichit Chantanusornsiri, Published on 23/03/2026

» The Finance Ministry is weighing the extent of potential oil tax cuts to keep retail fuel prices at a level the economy can absorb, while also avoiding excessive impact on government revenue.

BUSINESS

Government moves to rev up fiscal 2026 spending

Business, Wichit Chantanusornsiri, Published on 17/03/2026

» As disbursement of the investment budget in the first five months of fiscal 2026 remains below target, caretaker finance minister Ekniti Nitithanprapas has instructed all ministries to prepare monthly disbursement plans to accelerate spending and ensure they meet their targets.

BUSINESS

TCG provides B14.5bn in credit guarantees for SME loans

Business, Wichit Chantanusornsiri, Published on 13/03/2026

» In the first two months of this year, the Thai Credit Guarantee Corporation (TCG) provided credit guarantees worth 14.5 billion baht to small and medium-sized enterprises (SMEs), an increase of 4.4 times year-on-year, driven by government support measures.

BUSINESS

Fake Thai exports face fresh crackdown

Business, Wichit Chantanusornsiri, Published on 06/03/2026

» Thailand faces closer scrutiny over products falsely claiming "Made in Thailand" status that are exported to the US, following a surge in Thai exports to the American market over the past year.

BUSINESS

Cabinet okays revision of public debt plan

Business, Wichit Chantanusornsiri, Published on 25/02/2026

» The cabinet has approved the first revision of the public debt management plan for fiscal 2026, increasing the new borrowing amount by 52 billion baht.

BUSINESS

Thailand is losing ground to Vietnam

Business, Wichit Chantanusornsiri, Published on 23/02/2026

» Vietnam's GDP is likely to catch up with Thailand's within two years unless the latter undertakes meaningful economic reforms, warn two academics.

BUSINESS

Import duties plunge thanks to strong baht

Business, Wichit Chantanusornsiri, Published on 20/02/2026

» The exchange rate, economic conditions and free-trade agreements (FTAs) have affected import duty revenue for the Customs Department, with collections 8% below target for the first three months of fiscal 2026.

BUSINESS

Foreign investment applications rise 46% in January

Wichit Chantanusornsiri, Published on 19/02/2026

» Foreign investment applications under the Foreign Business Act were robust in January, with a total investment value of 33.8 billion baht, up 46% year-on-year, driven mainly by investors from China, Japan and Singapore.

BUSINESS

State firms told to avoid borrowing when investing

Business, Wichit Chantanusornsiri, Published on 17/02/2026

» The Finance Ministry may require state-owned enterprises planning new investments to rely primarily on their own revenues to reduce the burden on public debt.

BUSINESS

Customs mulls duty hike on luxury goods

Business, Wichit Chantanusornsiri, Published on 16/02/2026

» The Customs Department is considering raising import duties on luxury goods to increase government revenue.