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The Latest Breaking News from Ekniti Nitithanprapas

Thailand's rise in the latest IMD World Competitiveness Ranking has prompted the government to build on its strengths and address structural weaknesses to support long-term economic growth.

Bangkok Post

Ekniti warns of energy risks despite US-Iran deal

Thailand has welcomed the ceasefire framework between the United States and Iran but warned that global energy markets could remain under pressure despite an easing of tensions in the Middle East.

Bangkok Post

Cabinet extends e-withholding tax cut through 2027

The cabinet has approved an extension of the reduced e-withholding tax rate through 2027, which is expected to enhance business liquidity by roughly 27 billion baht.

Bangkok Post

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Thailand joining tax information sharing system

The cabinet has approved Thailand’s participation in an international tax information exchange framework to support adoption of the OECD-led global minimum tax on corporations.

Bangkok Post

Mideast truce 'positive news'

Prime Minister Anutin Charnvirakul welcomed the reported ceasefire agreement between the United States and Iran, describing it as a positive development that could help ease global uncertainties and support economic stability.

Bangkok Post

Economy will recover, fuel prices may lag says finance minister

If the Middle East war ends, Thai and other world economies will start to recover but energy prices may not return to pre-war levels, Finance Minister Ekniti Nitithanprapas said on Monday.

Bangkok Post

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

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Welfare rules need rethink

Without a clear understanding of its own policies, the government has turned an attempt to ensure that assistance reaches the "genuinely disadvantaged" into a bureaucratic weapon -- one that threatens to strain family relationships and pit parents against their children.

Bangkok Post

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

Strong start to co-pay scheme

The Thais Help Thais co-payment scheme generated almost 1.1 billion baht in spending on its first day, reflecting strong public demand for government support as households continued to grapple with high living costs.

Bangkok Post

Enthusiastic start for co-payment scheme

The government's consumer subsidy scheme, “Thais Help Thais Plus”, launched smoothly on Monday with buyers and merchants responding favourably, according to the finance minister.

Bangkok Post

Cabinet approves relief scheme

The cabinet has approved the "Thais Help Thais Plus" programme together with additional support measures for vulnerable groups, with a combined budget of 176 billion baht, Finance Minister Ekniti Nitithanprapas announced on Tuesday.

Bangkok Post

Thailand’s PM-elect names veterans to cabinet in bid to ‘bring confidence’

Economist Ekniti Nitithanprapas, executive Auttapol Rerkpiboon and diplomat Sihasak Phuangketkeow selected as ministers.

Al Jazeera

Prospects for diesel tax cut extension remain unclear

The Excise Department is still uncertain whether it can extend the diesel excise tax cut under the interim government, says director-general Ekniti Nitithanprapas.

Bangkok Post

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Bangkok Post

Carbon tax steps gradually taking shape

The Excise Department wants to complete its study of carbon tax collection measures this year, says director-general Ekniti Nitithanprapas.

Bangkok Post

Agency, Mercedes-Benz sign deal to promote EVs

The Excise Department and Mercedes-Benz Manufacturing (Thailand) on Friday signed a memorandum of understanding to promote the use of electric vehicles (EVs) under the government's subsidy scheme.

Bangkok Post

Mercedes-Benz to make EVs in Thailand

Mercedes-Benz Group has committed to manufacturing electric vehicles in Thailand after signing an agreement to import its battery-powered cars as part of a government plan to bolster the country’s status as a clean automaking hub.

Bangkok Post

Department considers EV battery subsidy

The Excise Department is mulling a subsidy to support the production of electric vehicle (EV) batteries, aiming to reduce the price of EVs, says director-general Ekniti Nitithanprapas.

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Bangkok Post

EV subsidy scheme tallies 25,000 units

The government's electric vehicle (EV) subsidy measure has registered 25,000 units, according to Excise Department director-general Ekniti Nitithanprapas.

Bangkok Post

Excise Department says carbon tax in the pipeline

It is inevitable Thailand will introduce a carbon tax to match the global trend, says Excise Department director-general Ekniti Nitithanprapas.

Bangkok Post

Excise office promotes eco-friendly efforts

The Excise Department plans to study tax measures to support the production of bioplastics, bio jet fuel and environmentally friendly batteries, says director-general Ekniti Nitithanprapas.

Bangkok Post

Arkhom pushes digital to hit revenue goal

Finance Minister Arkhom Termpittayapaisith is confident the government will meet its revenue target of 2.4 trillion baht in fiscal 2022.

Bangkok Post

VAT payment of e-service tax beats estimates

The number of foreign online platform operators registering to pay value-added tax (VAT) in Thailand has increased to around 120 following enforcement of the e-service tax law last year, says Ekniti Nitithanprapas, director-general of the Revenue Department.

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Arkhom Termpittayapaisith

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Ekniti Nitithanprapas

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Sihasak Phuangketkeow

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