Trade deficit marks a sea change Thailand's widening trade deficit may appear alarming at first glance, but a deeper analysis suggests it is more a sign of economic transformation than deterioration. Bangkok Post · Aug 2
Thailand raises 2026 growth forecast after June exports beat expectations The Finance Ministry said on Friday that it has raised its 2026 economic growth forecast to 2.5% from the previous 1.6%, citing stronger foreign trade, investment and consumption as well as the impact of government stimulus measures, with June exports growing faster than expected. Bangkok Post · Jul 24
Welfare card rules rejigged The Finance Ministry has revised the eligibility criteria for the state welfare card scheme, allowing owners of older vehicles to retain their benefits while extending the deadline for unsuccessful applicants to appeal until Sept 20. Bangkok Post · Jul 23
6 million to get new aid offer The Finance Ministry will today ask the cabinet to move six million people who failed to qualify for the 2026 state welfare card programme into a new co-payment scheme, while easing rules blamed for unfairly excluding low-income people. Bangkok Post · Jul 20
Ministry urges data updates after welfare roll review The Finance Ministry has acknowledged discrepancies in government databases and urged applicants to update their information after the number of people qualifying for the 2026 state welfare card scheme fell sharply. Bangkok Post · Jul 18
State welfare recipients fall after stricter eligibility checks Only 9.5 million of 18.8 million applicants qualified for the 2026 State Welfare Programme after the Finance Ministry tightened eligibility screening and expanded data verification. Bangkok Post · Jul 16
Welfare card screening of 18.8m people this week The cabinet has approved 18.8 million low-income individuals for eligibility screening for the state welfare card programme. Bangkok Post · Jul 14
Funding roadmap for energy projects gets nod The Finance Ministry has approved a funding framework for Thailand's energy transition projects, which aim to cut fossil fuel use, promote electric vehicles (EVs) and upskill workers. Bangkok Post · Jun 27
Financial hub scheme still a priority The government remains committed to turning Thailand into a financial hub, says the chief of the Fiscal Policy Office (FPO). Bangkok Post · Jun 17
Ministry to review welfare card rules The Finance Ministry will review the eligibility criteria for the state welfare card scheme following concerns that some elderly parents have been unfairly disqualified after their children claimed tax deductions on their behalf, despite not providing any financial support. Bangkok Post · Jun 8
A double dip on the cards? An economist is concerned about Thailand's potential dual deficit scenario, in which both the fiscal balance and current account move into deficit simultaneously. Bangkok Post · Jun 7
Welfare rules spark backlash A wave of public criticism has erupted over the government's revised eligibility criteria for the state welfare card programme, under which parents may lose their entitlement to benefits if their children claim tax deductions for parental support. Bangkok Post · Jun 4
Retirement savings plan tipped for 2027 The Finance Ministry expects the new tax-deductible retirement savings scheme, known as the Thailand Individual Savings Account (TISA), to become available in the next tax year, according to the Fiscal Policy Office (FPO) chief. Bangkok Post · May 25
New digital system set to revamp welfare screening The Fiscal Policy Office (FPO) expects a new data lake system to improve the efficiency of screening state welfare card recipients. Bangkok Post · May 21
Bangkok Post · May 14, 2023 Relocation tax package to yield B6bn The Revenue Department expects tax measures supporting the relocation of foreign investors' production bases to attract investment of around 6 billion baht within three years, says deputy director-general Vinit Visessuvanapoom.
Bangkok Post · May 9, 2023 Clarifying departure levy scuttlebutt As the general election draws near, implementing collection of a new tax is an extremely sensitive issue and almost unheard of as a political tactic.
Bangkok Post · Apr 10, 2023 E-donations to be given tax cut priority Donations to education, sports and social development will only gain a double tax deduction if they are made via an electronic channel, said Vinit Visessuvanapoom, deputy director-general of the Revenue Department.