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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.

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BUSINESS

Thailand's April economic figures show promise

Business, Wichit Chantanusornsiri, Published on 30/05/2025

» Thailand's economic signals in April remained positive, with the automotive industry showing signs of improvement as new domestic passenger car registrations increased for the first time in 15 months.

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BUSINESS

Sleepy economy no threat to Thai casinos

Business, Wichit Chantanusornsiri, Published on 31/03/2025

» The global economic slowdown is unlikely to affect investment in the much-touted entertainment complex project because it is a long-term investment, says Deputy Finance Minister Julapun Amornvivat.

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THAILAND

Casino legalisation bill gives government the final say

News, Wichit Chantanusornsiri, Published on 21/12/2024

» The government will determine where casino-entertainment complexes will be located to ensure fairness among bidders in the project, if the bill legalising gambling in the country becomes law, Deputy Finance Minister Julapun Amornvivat said.

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BUSINESS

Casino law expected to be sent to cabinet this year

Business, Wichit Chantanusornsiri, Published on 24/10/2024

» The draft law on entertainment complexes is expected to be submitted to the cabinet for consideration this year, according to Deputy Finance Minister Julapun Amornvivat.

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BUSINESS

Tapping a vast market

Business, Wichit Chantanusornsiri, Published on 12/02/2024

» The restoration of diplomatic relations between Thailand and Saudi Arabia in 2022 following a 30-year break has created new opportunities for Thailand to tap into demand for its halal products in Middle Eastern markets.

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BUSINESS

VAT refunds surge after reopening

Business, Wichit Chantanusornsiri, Published on 31/05/2023

» Tourist tax refunds have skyrocketed since Thailand fully reopened in June last year, according to Revenue Department director-general Lavaron Sangsnit.

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BUSINESS

GSB: Possible 1-point GDP hit from virus

Business, Wichit Chantanusornsiri, Published on 19/02/2020

» Thailand is estimated to lose 170 billion baht in tourism income, and one percentage point off the country's 2020 GDP growth, if the coronavirus outbreak takes six months to contain, says GSB Research.

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BUSINESS

Virus 'could shave 1%' off growth

Wichit Chantanusornsiri, Published on 18/02/2020

» Thailand is estimated to lose 170 billion baht in tourism income, and one percentage point off the country’s 2020 GDP growth, if the coronavirus outbreak takes six months to contain, says GSB Research.

BUSINESS

Exim Thailand eyes 10% lending growth

Business, Wichit Chantanusornsiri, Published on 22/02/2019

» The state-owned Export-Import Bank of Thailand (Exim Thailand) aims for 10% loan growth while keeping bad loans steady at 3.78% this year, its chief says.