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Search Result for “$8 billion”

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THAILAND

Push to sell low-cost goods goes mobile

News, Mongkol Bangprapa, Published on 19/04/2026

» The Department of Provincial Administration has ordered provincial and district officials nationwide to support the deployment of 3,800 mobile "Pum-Puang" vehicles under a Commerce Ministry initiative aimed at selling low-cost goods across the country.

THAILAND

No guarantee on fuel price cap during Songkran

Mongkol Bangprapa, Published on 30/03/2026

» Uncertainty has emerged over whether fuel prices can be capped during next month's Songkran holiday as the Oil Fuel Fund has fallen into a 42-billion-baht deficit.

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

8 Thais due home tomorrow

News, Mongkol Bangprapa, Published on 27/03/2026

» The Ministry of Foreign Affairs (MFA) said that eight Thai nationals evacuated from Iran are due to arrive home tomorrow, raising the total number of Thais assisted in leaving the Middle East since the latest conflict erupted there to 1,499.

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.

THAILAND

Inspections into oil hoarding ordered

News, Mongkol Bangprapa, Published on 18/03/2026

» The permanent secretary for energy, Prasert Sinsukprasert, has ordered urgent inspections into suspected oil hoarding, warning that violators will face legal action.

THAILAND

Red notice sought for 'Ben Smith'

News, Mongkol Bangprapa, Published on 05/03/2026

» Caretaker Prime Minister Anutin Charnvirakul has instructed police to coordinate with Interpol to seek a red notice for fugitive businessman Benjamin Mauerberger, also known as "Ben Smith", amid ongoing asset seizures.

THAILAND

Cambodia buys time with talk

News, Mongkol Bangprapa, Published on 01/03/2026

» The Thai–Cambodian border issue has long been marked by fragility and complexity, rooted in unresolved demarcation issues that cast a shadow over bilateral ties.

BUSINESS

Border traffic up 11% in Jan

Mongkol Bangprapa, Published on 26/02/2026

» Thailand's overall border and transit trade in January reached a total value of 161.135 billion baht, a 10.9% increase year-on-year, with China remaining a leading transit market, said deputy government spokeswoman Lalida Persvivatana.