Deputy PM and Finance Minister Ekniti says the cabinet has noted the EV Board's resolution and the excise tax rate on imported EVs should be settled in 1-2 weeks. The aim is to cushion car investors hit by trade-war tariff gaps. Business visa rules are also changing, but the government says business travellers will get easier Business Visa access, not a barrier. If you import, sell or supply EVs or auto parts, watch for the final rate; if you run a business with foreign partners, check whether your visa arrangements for short trips still work.
← Back to all articles