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Search Result for “nesdc”

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THAILAND

Diesel tax to drop by 1 baht per litre

News, Mongkol Bangprapa, Published on 28/03/2026

» The government is preparing to reduce the excise tax on diesel by one baht per litre, aiming to ease the rising cost burden on consumers, even though the move is expected to cost the state up to 2 billion baht per month.

THAILAND

New co-payment scheme planned to ease living costs

News, Published on 28/03/2026

» The government plans to launch the "Khon La Khrueng" co-payment scheme to help ease the rising cost of living, with rollout expected after it delivers its policy statement to parliament.

THAILAND

Oil checks in seven provinces find ‘no irregularities’

Online Reporters, Published on 27/03/2026

» Inspections of oil depots and petrol stations in seven provinces have found no irregularities in fuel supply or distribution, the National Economic and Social Development Council (NESDC) said on Friday.

THAILAND

Oil fund defends sudden steep price hikes

Mongkol Bangprapa, Published on 26/03/2026

» The Oil Fuel Fund Office has defended the sharp six‑baht rise in fuel prices across Thailand, saying the increase was driven by soaring global oil prices and the need to maintain the fund’s financial stability.

THAILAND

Shortages spur fuel reserve cut

News, Mongkol Bangprapa, Published on 24/03/2026

» The government has decided to lower the proportion of oil reserves to 1% in a bid to ease fuel shortages while expressing confidence that the fuel situation will stabilise within a week.

BUSINESS

Oil price spike forecast to slash Thai GDP growth

Business, Wichit Chantanusornsiri, Published on 18/03/2026

» Every US$10 increase in the oil price per barrel is expected to reduce Thai GDP by 0.2 percentage points, according to caretaker finance minister Ekniti Nitithanprapas.

OPINION

Rising costs, empty tanks

Oped, Editorial, Published on 18/03/2026

» As war between the US–Israel alliance and Iran escalates, the caretaker government's response -- limited to a few warnings, a recommendation for state officials to work from home, and, as usual, fuel subsidies from the State Oil Fund -- appears woefully inadequate.

BUSINESS

Economist signals risk from oil shortages

Published on 17/03/2026

» Thailand faces a heightened risk of oil shortages as the country relies more heavily on imported energy than most of its regional peers, according to the research centre of Kiatnakin Phatra Financial Group (KKP).

THAILAND

Govt moves to curb fuel prices

News, Published on 10/03/2026

» The cabinet is expected to approve a series of short- and medium-term energy management measures on Tuesday to cope with surging global energy prices driven by the conflict in the Middle East.

THAILAND

Experts urge swift new 'crisis' government

Published on 07/03/2026

» Experts have called for the urgent formation of a new government as Thailand faces mounting economic, geopolitical and climate challenges, warning delays could worsen policy responses and weaken public confidence.