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GENERAL

Minister seeks support for export firms

Business, Wichit Chantanusornsiri, Published on 16/05/2025

» State-owned financial institutions are being urged to step up introducing measures to support Thailand's export businesses and the supply chain.

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GENERAL

Thailand pitches trade proposals to US

News, Wichit Chantanusornsiri, Published on 15/05/2025

» Proposals that Thailand has submitted to the US Trade Representative (USTR), outline Thailand’s willingness to import energy products, petrochemicals, aircraft, fruit and animal feed from the United States, says Finance Minister Pichai Chunhavajira.

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GENERAL

Cabinet set to mull credit guarantee agency bill

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

» The Finance Ministry looks set to propose for cabinet consideration on Tuesday the draft bill for the National Credit Guarantee Agency (NaCGA), a new facility for small and medium-sized enterprises (SMEs) that provides direct guarantees for a low fee.

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GENERAL

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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GENERAL

Thailand mulls raft of stimulus measures

Business, Wichit Chantanusornsiri, Published on 09/05/2025

» The new economic stimulus measures currently under review cover exports, tourism, tax base expansion and agricultural development, as well as soft loans to mitigate the impacts of a stagnant economy, says Finance Minister Pichai Chunhavajira.

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GENERAL

Laem Chabang Port upgrade okayed

Business, Wichit Chantanusornsiri, Published on 08/05/2025

» The Public-Private Partnership (PPP) Committee has approved the Laem Chabang Port Terminal B1 and B2 improvement projects, with a combined investment value of 12.8 billion baht, aiming to enhance the competitiveness of the regional port.

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THAILAND

Phase 3 of handouts in doubt

News, Wichit Chantanusornsiri, Published on 07/05/2025

» The next phase of the government's flagship money handout scheme requires some revisions as the impact of US President Donald Trump's tariff policies on the global economy looms large, Prime Minister Paetongtarn Shinawatra said on Tuesday.

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GENERAL

Revenue collection lags pre-Covid level

Business, Wichit Chantanusornsiri, Published on 06/05/2025

» The government's revenue collection remains below the pre-Covid period and lower than that of emerging economies, according to the Fiscal Policy Office (FPO).

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GENERAL

Call for major rethink of economic policy

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

» Academics have raised concerns about the lack of tangible progress in the government's economic performance.

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THAILAND

VAT mulled for firms with less revenue

News, Wichit Chantanusornsiri, Published on 02/05/2025

» Finance Minister Pichai Chunhavajira on Thursday floated an idea of collecting value-added tax (VAT) from businesses with an annual income below 1.8 million baht to boost state income and reduce budget deficits.