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Search Result for “ceiling”

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BUSINESS

Thai indicators set for improvement in 2026

Business, Nuntawun Polkuamdee, Published on 04/02/2026

» Analysts believe the Thai economy has passed its cyclical low, with a gradual U-shaped recovery likely in 2026, supported by improving global conditions, a rebound in tourism and faster government spending.

BUSINESS

Office says fiscal space remains sound, though limited

Business, Wichit Chantanusornsiri, Published on 04/02/2026

» Thailand will still have sufficient fiscal space to cope with potential crises, while the likelihood of public debt breaching the statutory ceiling of 70% of GDP remains very low this year, says the Public Debt Management Office (PDMO).

BUSINESS

Call for swift reform of tax incentives

Business, Wichit Chantanusornsiri, Published on 08/01/2026

» Tax benefits for salaried workers will gradually decline from 2027 if long-term savings and investment measures are not improved, says caretaker finance minister Ekniti Nitithanprapas.

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

Cabinet gives green light to retirement savings scheme

Business, Wichit Chantanusornsiri, Published on 09/12/2025

» The economic cabinet on Monday approved guidelines for a retirement savings scheme aimed at enabling people to support themselves in retirement while reducing the government welfare budget burden.

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

Domestic airfares continue to decrease

Business, Narumon Kasemsuk, Published on 04/12/2025

» Despite a dispute over expensive airfares to flood-stricken Hat Yai, average domestic ticket prices this year continued to decline, as low-cost carriers fled from underperforming Chinese routes to add domestic flights and avoid competition with state-backed Chinese airlines.

BUSINESS

Call for more help for flooding victims

Business, Lamonphet Apisitniran, Published on 02/12/2025

» The Employers' Confederation of Thai Trade and Industry (EconThai) has called on the government to introduce additional measures to restore businesses and households in flood-hit southern provinces, warning that existing financial relief alone will not be sufficient.

BUSINESS

Minister touts progress on 'five pillars'

Business, Wichit Chantanusornsiri, Published on 01/12/2025

» The government's "Five Pillars and One Foundation" economic policy under Prime Minister Anutin Charnvirakul has already implemented many of its measures.

BUSINESS

Lots to do before checking out

Business, Nareerat Wiriyapong, Wichit Chantanusornsiri and Lamonphet Apisitniran, Published on 01/12/2025

» Before southern Thailand was hit by a massive flood last week, Prime Minister Anutin Charnvirakul signalled an early dissolution of parliament, possibly by mid-December instead of the previously announced late January 2026, following opposition pressure for a no-confidence vote against the minority government.