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Search Result for “oil fund”

Showing 1 - 10 of 211

BUSINESS

Government greenlights potash mine

Business, Chatrudee Theparat, Published on 29/06/2022

» The cabinet on Tuesday gave the Asia Pacific Potash Corporation (APPC), a wholly owned subsidiary of Italian-Thai Development Plc, permission to embark on a 36-billion-baht potash mining project in Udon Thani.

BUSINESS

NESDC sees rising global risks in 2023

Business, Chatrudee Theparat, Published on 23/06/2022

» Structural changes in geopolitics are likely to create more risks for the Thai economy next year, warns the state planning unit's chief.

BUSINESS

Cabinet extends low-income aid

Business, Chatrudee Theparat, Published on 22/06/2022

» The cabinet on Tuesday approved extending the existing measures for three months devised to alleviate the hardship of low-income earners from the surge in oil prices.

BUSINESS

Importance of EVs touted by minister

Business, Chatrudee Theparat, Published on 18/06/2022

» Electric vehicles (EV) are expected to transform Thailand's automotive industry in five years and are instrumental in driving Thailand to become an EV hub in Asia during that period, says Energy Minister Supattanapong Punmeechaow.

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

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.

BUSINESS

Govt eyes slice of refineries' pie

News, Chatrudee Theparat, Published on 14/06/2022

» The government will consider using profits from oil refinery margins to help support the Oil Fuel Fund as it continues to subsidise fuel prices despite having slipped 85 billion baht into the red.

BUSINESS

BoI, funds support key R&D projects

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

» The government looks set to tap into the Global Partnership Fund and Competitiveness Fund as tools to draw foreign investment in high technology and targeted industries.

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

Unemployment rate falls to 2-year low

Business, Chatrudee Theparat, Published on 24/05/2022

» Thailand's unemployment rate dropped in the first quarter to its lowest level since the start of the pandemic, boosted by higher employment both in the agricultural and non-agricultural sectors, as the economy gradually recovers.