Showing 1 - 10 of 11
Federation seeks diesel price reduction
Business, Published on 05/06/2024
» The rapid increase of domestic diesel prices to nearly 33 baht a litre is pushing the Land Transport Federation of Thailand (LTFT) to prepare to petition Prime Minister Srettha Thavisin next Tuesday to cut the price back to 30 baht a litre.
Worries about economic slowdown depress stocks
Business, Nuntawun Polkuamdee and Pornkamon Teerapiboonkun, Published on 21/05/2022
» Recap: Global shares moved higher on Friday but were still heading for losses compared with a week earlier as investors remain worried over high inflation and an economic slowdown.
Diesel tax cut eases logistics, transport
Business, Lamonphet Apisitniran, Published on 18/05/2022
» The five-baht reduction of the diesel excise tax will relieve pressure on logistics and transport costs after diesel prices exceeded 30 baht a litre starting earlier this month, says the Land Transport Federation of Thailand (LTFT).
Further diesel excise cut sought
Business, Lamonphet Apisitniran, Published on 15/03/2022
» The Land Transport Federation of Thailand (LTFT) has called on the government to further cut diesel excise tax and abandon sales of diesel, blended with expensive palm oil-derived methyl ester, for six months to better control domestic diesel prices during the global oil price surge.
Diesel excise tax cut up in the air
Business, Wichit Chantanusornsiri, Published on 18/11/2021
» The Finance Ministry has yet to consider cutting the diesel excise tax and will continue to use the Oil Fund to stabilise the retail diesel price, said Finance Minister Arkhom Termpittayapaisith.
State faces B150bn loss if diesel excise tax reduced
Business, Wichit Chantanusornsiri, Published on 05/11/2021
» If Thailand lowers the diesel excise tax by 5 baht per litre to peg the retail diesel price at 25 baht per litre, this will cost the state coffers up to 150 billion baht, said a Finance Ministry source, who requested anonymity.
Stepping into the void
Business, Wichit Chantanusornsiri, Lamonphet Apisitniran & Narumon Kasemsuk, Published on 07/09/2020
» Continuity of much-needed fiscal policy and government stability are now in doubt as the surprise resignation of former finance minister Predee Daochai offers a glimpse of the broken promises of the Palang Pracharath Party (PPRP)-led coalition.
Soft loans for land transport
Business, Wichit Chantanusornsiri, Published on 11/06/2020
» The Finance Ministry is mulling an additional soft loan programme for land transport operators to keep the logistics workforce at 6 million.
Party intrigue polls poorly
Business, Dusida Worrachaddejchai, Lamonphet Apisitniran & Phusadee Arunmas, Published on 08/06/2020
» The recent resignations of executive members of the main coalition party suggest an imminent shake-up in incumbent ministerial positions, with the Finance and Energy ministries in the spotlight.
LTFT wants swift end to decree
Business, Lamonphet Apisitniran, Published on 23/05/2020
» The Land Transport Federation of Thailand (LTFT) is opposing the government's decision to extend the emergency decree to the end of June, estimating that the order will cost the economy a further 300-400 billion baht during the one-month extension.