Showing 11 - 20 of 475
Ministry eyes oil excise tax trims
Business, Wichit Chantanusornsiri, Published on 23/03/2026
» The Finance Ministry is weighing the extent of potential oil tax cuts to keep retail fuel prices at a level the economy can absorb, while also avoiding excessive impact on government revenue.
Oil tax cuts possible if subsidies get too pricey
Wichit Chantanusornsiri, Published on 18/03/2026
» Officials at the Ministry of Finance are preparing measures to reduce excise taxes on fuel, as well as draft legislation to allow the Oil Fuel Fund to borrow additional funds to stabilise domestic prices.
Oil price spike forecast to slash Thai GDP growth
Business, Wichit Chantanusornsiri, Published on 18/03/2026
» Every US$10 increase in the oil price per barrel is expected to reduce Thai GDP by 0.2 percentage points, according to caretaker finance minister Ekniti Nitithanprapas.
Budget disbursement to be expedited
Business, Wichit Chantanusornsiri, Published on 12/03/2026
» Caretaker finance minister Ekniti Nitithanprapas has instructed government agencies and state enterprises to accelerate budget disbursement to help support the economy during this difficult period.
Fiscal position ‘sufficient’ for fuel subsidies
Wichit Chantanusornsiri, Published on 10/03/2026
» The government is in good fiscal condition, with a buffer of 300 billion baht if it needs to guarantee loans for the Oil Fuel Fund for subsidies, according to the Ministry of Finance.
Fake Thai exports face fresh crackdown
Business, Wichit Chantanusornsiri, Published on 06/03/2026
» Thailand faces closer scrutiny over products falsely claiming "Made in Thailand" status that are exported to the US, following a surge in Thai exports to the American market over the past year.
Omnibus law sought to unlock investment
Business, Wichit Chantanusornsiri, Published on 25/02/2026
» The government is preparing to introduce an omnibus law to remove investment bottlenecks, with the hope of attracting 900 billion baht in actual investment this year from projects that have applied for investment promotion with the Board of Investment (BoI).
Ekniti welcomes latest US tariff measures
Business, Wichit Chantanusornsiri, Published on 24/02/2026
» The latest US tariff measures, which impose a uniform 15% import tariff on goods worldwide, is seen as a positive signal for the Thai economy and is expected to help push Thailand's GDP growth above 2%, says caretaker finance minister Ekniti Nitithanprapas.
Thailand is losing ground to Vietnam
Business, Wichit Chantanusornsiri, Published on 23/02/2026
» Vietnam's GDP is likely to catch up with Thailand's within two years unless the latter undertakes meaningful economic reforms, warn two academics.
Excise Department set to hit B578bn goal
Business, Wichit Chantanusornsiri, Published on 18/02/2026
» The Excise Department expects its revenue collection for this year to meet its target of 578 billion baht, after revenue collection during the first four months of fiscal 2026 exceeded the target by nearly 5%.