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BUSINESS

Tax review looms amid debt unease

Wichit Chantanusornsiri, Published on 09/10/2025

» The Finance Ministry is preparing to review tax deductions and exemptions as part of efforts to address concerns over public debt raised by credit rating agencies.

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BUSINESS

Call to persist with existing debt relief schemes

Business, Wichit Chantanusornsiri, Published on 30/09/2025

» Former deputy finance minister Paopoom Rojanasakul expressed hope that the new government led by Prime Minister Anutin Charnvirakul will continue the debt relief programmes for Thais that have benefited nearly 6 million people.

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THAILAND

Cabinet gives green light for tax incentives to aid artists

News, Wichit Chantanusornsiri, Published on 20/08/2025

» The cabinet has given the go-ahead to tax incentives to boost art purchases and support home-grown artists, according to Deputy Finance Minister Julapun Amornvivat.

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BUSINESS

New approach to overseas income aims to spur inflows

Business, Wichit Chantanusornsiri, Published on 04/06/2025

» The Revenue Department is shifting its approach on how it taxes income sourced from abroad.

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BUSINESS

Government targets tax reform in attempt to boost revenue

Business, Wichit Chantanusornsiri, Published on 13/05/2025

» Tax reform to increase government revenue must be seriously pursued to enhance fiscal strength, says finance permanent secretary Lavaron Sangsnit.

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BUSINESS

US to strictly enforce origin verification for exports

Business, Wichit Chantanusornsiri, Published on 28/04/2025

» The US has targeted 50-60 products for strict origin verification to prevent the circumvention of trade rules through false claims of origin for exports to the US, according to Finance Minister Pichai Chunhavajira.

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BUSINESS

Treasury targets massive increase in revenue growth

Business, Wichit Chantanusornsiri, Published on 22/04/2025

» The Treasury Department is aiming for a leap in its revenue growth, targeting a 20% increase in 2026, compared to the current average annual revenue growth rate of 3%.

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BUSINESS

Inheritance tax collection rising sharply

Business, Wichit Chantanusornsiri, Published on 27/02/2025

» The Revenue Department has collected revenue from inheritance tax worth more than 4 billion baht over the past 10 years, with more than 1.5 billion collected in the last fiscal year alone.

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BUSINESS

Effort to ease digital wallet merchant rules

Business, Wichit Chantanusornsiri, Published on 13/02/2025

» The Finance Ministry is looking into easing the cash out requirements for merchants participating in the digital wallet scheme to enhance accessibility and boost its appeal.

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PROPERTY

Luring foreigners to real estate

Business, Wichit Chantanusornsiri, Published on 16/11/2024

» Finance Minister Pichai Chunhavajira is looking at several options to stimulate the country's economy, with a focus on attracting more foreign investors.