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Search Result for “energy subsidies”

Showing 1 - 10 of 17

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NEWS

Soft loans to grow EV chargers

Business, Chatrudee Theparat, Published on 21/06/2022

» The government looks set to offer soft loans to small and medium-sized enterprises (SMEs) and startups that want to invest in charging stations for electric vehicles (EV), a move aimed at increasing domestic EV purchases.

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BUSINESS

New energy subsidy being devised

News, Chatrudee Theparat, Published on 15/06/2022

» The Energy Ministry will aim to cap the retail price of diesel at no more than 35 baht per litre until the end of this month as it waits for new energy price subsidy measures to be approved, permanent secretary for energy Kulit Sombatsiri said on Tuesday.

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BUSINESS

EU sanctions will keep oil prices high for 1-2 years

Business, Chatrudee Theparat, Published on 02/06/2022

» The EU's latest decision to ban most oil imports from Russia because of its invasion of Ukraine is expected to keep energy prices elevated for 1-2 years, says Kobsak Pootrakul, senior executive vice-president of Bangkok Bank.

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BUSINESS

Cabinet okays extension of hotel subsidy scheme

Business, Chatrudee Theparat, Published on 25/05/2022

» The cabinet has acknowledged the extension of the fourth phase of the "We Travel Together" hotel subsidy scheme to assist the tourism sector.

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BUSINESS

Growth cut due to inflation, slowdown

Business, Chatrudee Theparat, Published on 18/05/2022

» Mounting pressure from inflation, energy prices, the global economic slowdown and the prolonged conflict between Russia and Ukraine prompted the government's planning agency to lower its economic growth forecast yesterday to 2.5-3.5% for the year, down from the previous forecast of 3.5-4.5% in February.

BUSINESS

Diesel subsidies to be extended

News, Chatrudee Theparat, Published on 11/05/2022

» The government will likely extend its diesel price subsidy programme that is due to end on May 20, Prime Minister Prayut Chan-o-cha said on Tuesday.

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BUSINESS

Subsidy on premium diesel revoked

Business, Chatrudee Theparat, Published on 30/03/2022

» The cabinet on Tuesday approved revoking the subsidy on premium diesel used in luxury cars, effective from April, in a move to save on budget expenses.

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BUSINESS

More subsidies coming as oil crisis hits poor

Business, Chatrudee Theparat, Published on 17/03/2022

» The government plans to roll out measures including additional subsidies on liquefied petroleum gas (LPG) and natural gas for vehicles (NGV) to help alleviate the impact of soaring energy prices on low-income earners.

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BUSINESS

Cabinet ups Oil Fund borrowing

Business, Chatrudee Theparat, Published on 16/03/2022

» The cabinet on Tuesday approved lifting the borrowing limits for the state Oil Fund to allow for management flexibility, a move that offers the government more room to cope with surging fuel prices caused by the Russia-Ukraine conflict.

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BUSINESS

Oil Fund to borrow B30bn for subsidy

Business, Chatrudee Theparat, Published on 06/11/2021

» The National Energy Policy Council on Friday approved the state Oil Fund to borrow 30 billion baht to subsidise retail diesel prices.