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Search Result for “nesdc”

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THAILAND

Senators question land bridge

News, Aekarach Sattaburuth, Published on 21/04/2026

» Senators have raised objections to the government's one-trillion-baht land bridge megaproject, citing economic impacts, environmental concerns and a lack of a thorough public hearing process.

BUSINESS

Fuel crisis upends state's fiscal plans

Business, Wichit Chantanusornsiri, Published on 17/04/2026

» The energy crisis may pose a challenge for the government in pursuing its fiscal plan, which aims to reduce the fiscal deficit to no more than 3% of GDP, increase revenue through a higher value-added tax (VAT), and keep public debt below 70% of GDP, according to the Finance Ministry.

OPINION

Oil shock risks wider chain reaction

Oped, Chartchai Parasuk, Published on 16/04/2026

» There is no such thing as a free lunch. When global oil prices rise sharply, as they are doing now, someone must bear the cost. Some countries choose to absorb it through government support, as in Japan, while others pass the burden on to consumers, as in Thailand. Neither approach is inherently right or wrong; each carries different economic consequences. Policymakers must decide which set of outcomes is more acceptable and act accordingly.

THAILAND

Feasibility studies behind Land Bridge ‘inaccurate’

Published on 14/04/2026

» A coalition of academics, environmental organisations and civil society groups has urged Prime Minister Anutin Charnvirakul to disclose all environmental and health impact assessment (EHIA) reports related to the proposed southern Land Bridge project.

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.