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Search Result for “vat hike proposal”

Showing 1 - 10 of 2,233

BUSINESS

Petrol station night curfew considered for motorists

Business, Yuthana Praiwan, Published on 20/04/2026

» If the government proceeds with a plan to close petrol stations at night from this week, the move is expected to heighten public awareness of volatile oil supplies and rising prices, which are stoking fears of economic strain, according to an energy industry executive.

BUSINESS

Spectre of stagflation haunts Thailand

Business, Kuakul Mornkum, Wichit Chantanusornsiri, Nareerat Wiriyapong and Molpasorn Shoowong, Published on 20/04/2026

» Thailand's economy is increasingly seen as fragile now that the Songkran holiday has come to an end, as price freezes on energy and other products are discontinued.

BUSINESS

Fuel crisis upends state's fiscal plans

Business, Wichit Chantanusornsiri, Published on 17/04/2026

» The energy crisis may pose a challenge for the government in pursuing its fiscal plan, which aims to reduce the fiscal deficit to no more than 3% of GDP, increase revenue through a higher value-added tax (VAT), and keep public debt below 70% of GDP, according to the Finance Ministry.

BUSINESS

Fertiliser supply set to last until May

Business, Kuakul Mornkum, Published on 17/04/2026

» The Commerce Minister says the current fertiliser supply is expected to last until May, and at present no producers have requested approval to increase prices.

BUSINESS

Thai export pain set to continue despite Mideast truce

Business, Nareerat Wiriyapong, Published on 11/04/2026

» The reopening of the Strait of Hormuz with fee collection as proposed by Iran, together with high oil prices, is dampening the prospects for Thai exports and may push overseas shipments into contraction this year, economists say.

BUSINESS

Mideast truce met with market caution

Business, Nareerat Wiriyapong and Somhatai Mosika, Published on 09/04/2026

» Business leaders and analysts gave a lukewarm welcome to the two-week ceasefire deal between the US and Iran, saying the proposed conditions of the truce seem difficult for both sides to agree to, while significant uncertainties remain, particularly ahead of their Islamabad talks on April 10.

BUSINESS

Call for jet fuel tax break as costs soar

Business, Yuthana Praiwan, Published on 07/04/2026

» Bangkok Aviation Fuel Services Plc (BAFS), Thailand's sole jet refuelling provider, has called on the government to exempt jet fuel from the excise tax of 4.72 baht per litre, warning the levy undermines the country's aviation competitiveness.

BUSINESS

Oil refineries in the spotlight

Business, Yuthana Praiwan, Published on 04/04/2026

» A proposal for the government to intervene in oil refinery costs and profits was not included as one of the seven measures recently unveiled to ease the consumer impact of surging global crude oil prices.

BUSINESS

Mideast uncertainty keeps pressure on equities

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 04/04/2026

» RECAP: Asian shares remained under pressure yesterday amid dimming hopes for a swift end to the Middle East conflict, though reports that Oman and Iran were drafting terms for reopening the Strait of Hormuz offered some respite. Volumes were thin with some markets closed for the Good Friday holiday.

BUSINESS

Proposal for regional tourism network

Business, Narumon Kasemsuk, Published on 03/04/2026

» Thai tourism should ramp up its targets in six potential markets reachable via six-hour flights to mitigate the impact of the oil crisis, while leveraging 12 million outbound travellers to foster two-way tourism that benefits all markets, according to the Association of Thai Travel Agents (Atta).