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BUSINESS

Petroleum law changes put on hold

Business, Yuthana Praiwan, Published on 21/01/2026

» The Department of Mineral Fuels (DMF) has finished drafting amendments to the Petroleum Act to ensure the continuity of petroleum production when licences expire, avoiding delays that can result in expensive electricity bills.

BUSINESS

Agencies refine probe of Thaksin's assets

Business, Wichit Chantanusornsiri, Published on 25/11/2025

» The Revenue Department is preparing to further investigate former prime minister Thaksin Shinawatra's assets to recover the 17.6-billion-baht tax debt arising from share sales of Shin Corp, a telecom firm he founded, to Singapore's Temasek Holdings Pte.

BUSINESS

Unpacking the tourism tax

Business, Narumon Kasemsuk, Published on 08/11/2025

» While the cabinet approved the National Tourism Policy Committee's proposal to collect a tourism tax from inbound travellers in February 2023, the programme has still not been implemented.

BUSINESS

Smothong Group Grows from Palm Collector to Industry Leader

Published on 30/10/2025

» The story of Smothong Group began in 2003 when Mr Seksak Piriyetyanggoon founded a palm fresh fruit bunch collection yard in Surat Thani Province. After witnessing the challenges faced by smallholder farmers, he studied the industry in depth and established Smothong Palm Oil Co., Ltd. to produce crude palm oil.

BUSINESS

Borrowing for fiscal 2026 set at B1.2tn

Business, Wichit Chantanusornsiri, Published on 13/10/2025

» The government plans new borrowing totalling 1.2 trillion baht for fiscal 2026, a slight decrease from 1.22 trillion in fiscal 2025.

BUSINESS

Government targets B720bn of clean energy investments

Business, Yuthana Praiwan, Published on 08/10/2025

» The Energy Ministry aims to generate 720 billion baht in investment for energy development projects, notably solar power and carbon capture storage, putting Thailand on a fast track towards its net-zero goal, achieving it 15 years sooner than the target date.

BUSINESS

Car production set to hit 2025 forecast

Business, Lamonphet Apisitniran, Published on 24/09/2025

» The Federation of Thai Industries (FTI) has maintained its car manufacturing target for 2025 amid fresh hopes for improving consumer purchasing power and a better economy based on the new government's policies.

BUSINESS

B150 billion available for ‘quick-win’ stimulus

Wichit Chantanusornsiri, Published on 17/09/2025

» The new Thai government has financial ammunition of roughly 150 billion baht to carry out its “quick-win” stimulus projects, according to a Ministry of Finance official who requested anonymity.

BUSINESS

FPO suggests tinkering with co-payment scheme

Business, Wichit Chantanusornsiri, Published on 15/09/2025

» The Fiscal Policy Office (FPO) has suggested designing the "Khon La Khrueng" co-payment scheme to be suitable for different areas and recommended the government's contribution should vary between weekdays and holidays, as well as for participants' income levels.

BUSINESS

Setting a short-term agenda

Business, Post Reporters, Published on 15/09/2025

» With only four months before the Anutin Charnvirakul-led government paves the way for a promised election next year, the business sector and economists are hopeful that a shift in administrative direction can revive economic sentiment.