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Showing 1 - 10 of 88

BUSINESS

Inflation support schemes extended

Business, Chatrudee Theparat, Published on 17/06/2022

» The government has pledged to extend the existing 10 measures devised to alleviate the hardship of low-income earners from a surge in oil prices for three months until September.

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.

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.

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.

BUSINESS

State slashes excise tax on fuels used by Egat

Business, Chatrudee Theparat, Published on 09/03/2022

» The cabinet on Tuesday approved cutting the excise tax on diesel and bunker oil used to generate electricity by the Electricity Generating Authority of Thailand (Egat) to zero in a bid to lower electricity bills for six months.

THAILAND

Energy costs prompt crisis talks

News, Chatrudee Theparat, Published on 09/03/2022

» The National Energy Policy Committee (NEPC) will on Wednesday discuss measures to deal with soaring energy prices, including efforts to maintain the cap on diesel prices at below 30 baht a litre.

BUSINESS

State sees no urgent need to cut excise tax on diesel

Business, Chatrudee Theparat, Published on 24/01/2022

» The government insists the state Oil Fund still has sufficient funding to subsidise retail diesel prices until March 31 and sees no urgent need to cut the excise tax on diesel.

BUSINESS

SRT gets green light to build rail bridge to Laos

News, Chatrudee Theparat, Published on 15/01/2022

» The cabinet has ordered the State Railway of Thailand (SRT) to quickly design and build a second bridge from Nong Khai province to Laos, to connect to the new China-Laos railway.

THAILAND

Cabinet orders quick 2nd bridge between Nong Khai and Laos

Chatrudee Theparat, Published on 14/01/2022

» The cabinet has ordered the State Railway of Thailand to quickly design and build a second bridge from Nong Khai province to Laos, to connect to the new China-Laos railway.