Showing 51-60 of 103 results
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Energy subsidies extended
Business, Phusadee Arunmas, Published on 14/09/2022
» The cabinet on Tuesday approved extensions of both the diesel tax cut for two more months and the electricity bill subsidy until December, in an attempt to mitigate the impact of high energy prices.
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Council to extend biofuel subsidies by two years
News, Phusadee Arunmas, Published on 10/09/2022
» The National Energy Policy Council (NEPC) has approved a proposal to extend a price subsidy programme for fuel oil mixed with biofuel for another two years, after an associated plan to gradually decrease subsidies over the past two years has yet to be achieved.
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Inflation expected to peak in third quarter
Business, Phusadee Arunmas, Published on 06/09/2022
» Thailand's inflation is expected to peak in the third quarter and decelerate in the final quarter, leading the rate for the whole year to move in line with the Commerce Ministry's 2022 target of 6%.
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Govt set to roll out 'gifts' for New Year
News, Phusadee Arunmas, Published on 31/08/2022
» The government is planning to roll out a number of relief measures as "New Year gift"s at the end of the year, which will include tax reductions, according to Deputy Prime Minister and Energy Minister Supattanapong Punmeechaow on Tuesday.
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Minister to mull noodle price hike
Business, Phusadee Arunmas, Published on 17/08/2022
» Commerce Minister Jurin Laksanawisit has ordered the Internal Trade Department to consider the request of makers of the five largest instant noodle brands to allow them to raise their prices in line with soaring production costs.
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Mother's Day to see 9% rise in spending
Business, Phusadee Arunmas, Published on 10/08/2022
» Spending on Mother's Day is expected to increase by 9% this year to 10.8 billion baht, the highest level since 2012, as consumers feel less concerned about the Omicron variant of Covid-19, reflecting the start of the country's tepid economic recovery, according to the University of the Thai Chamber of Commerce (UTCC).
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Commerce Ministry ups headline inflation forecast
Business, Phusadee Arunmas, Published on 06/08/2022
» The continuing rise in energy prices which have raised production costs for manufacturers and the prices of goods has prompted the Commerce Ministry to upgrade the forecast for headline inflation in 2022 to a range of 5.5-6.5% (averaging 6%) from the 4-5% range (averaging 4.5%) projected in March.
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Inflation close to hitting 14-year high
Business, Phusadee Arunmas, Published on 06/07/2022
» Price pressures will persist into the third quarter, the Commerce Ministry has admitted, after the country's headline inflation rate hit a near-14-year high in June.
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Inflation attached to energy prices after April cooling
Business, Phusadee Arunmas, Published on 05/05/2022
» Thai inflation in May is expected to rise in lockstep with energy prices, which remain at a high level compared with 2021, after the headline rate increased 4.65% year-on-year in April, according to the Commerce Ministry.
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Ministry raises projection for headline inflation to 4-5%
Business, Phusadee Arunmas, Published on 06/04/2022
» A sharp rise in the prices of goods and services following higher costs for production, energy, imported materials and logistics has prompted the Commerce Ministry to raise its forecast for headline inflation to 4-5% this year from a previous estimate of 0.7-2.4%.
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