Thai PBS Thai PBS
Thai Customs reviews gold import duty amid surge in imports
AI In-brief 25 Sept 07:26

Thai Customs reviews gold import duty amid surge in imports

  • Thai Customs is reviewing gold import duties following a surge in imports to over 900 billion baht in the first 11 months of fiscal 2026.
  • This review addresses concerns that the substantial gold imports contribute to capital outflows and negatively impact the country's trade deficit.
  • The department is studying the suitability of imposing an import duty on gold, examining measures adopted by other nations like Malaysia and India, which have a 10% duty.
Full article
Economy 1/2
Skip > Skip >

Summarised by AI, which can make mistakes. Check the full article.