BANGKOK, Aug 8 (TNA) – The board of the Oil Fuel Fund today maintained its retail diesel price cap at about 35 baht per liter. Wisak Wattanasap, director of the Oil Fuel Fund Office, said the board resolved to maintain the diesel price at 34.94 baht per liter for the eighth consecutive week to help […]
BANGKOK, Aug 3 (TNA) – The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) said inflation would rise in the second half of this year and maintained its prediction for the Thai economic growth with a 2.75-3.5% rate this year. The committee stated that the economy would face more pressure from the rising inflation. […]
The Energy Regulatory Commission of Thailand may increase the fuel adjustment tariff (FT) rate for electricity,which will drive up the price of electricity, from 4 baht to 5 baht per unit, from September through December. Rising fuel costs and the inflation and exchange rates over a certain period of time will be taken into account […]
After a 12-month delay, the Thai Treasury Department will put into force a new national land appraisal price list for 2023-2026 on January 1st 2023. It will see the appraisal price for land in Bangkok rise by about 3% and in other provinces by an average of 8%. Treasury Department Director-General Prapas Kong-ied hinted that […]
BANGKOK (NNT) – Private bus operators plan to reduce their transport operations starting from July 1 due to high fuel prices. Thai Bus Business Association President Pichet Jiamburaset disclosed that private bus operators agreed during a meeting with transportation and bus companies to reduce operations on 143 bus routes by approximately 80% beginning July 1, […]
The Energy Policy Administration Committee (Epac) has decided to have the price of liquefied petroleum gas (LPG), which is used as household cooking gas, gradually increase over the next three months. The price which consumers pay will be allowed to approach its market price, as authorities are struggling to control huge spending to support an […]
Thailand’s Fuel Fund Executive Committee decided today (Monday) to increase the diesel price by another one baht per litre, to 34.94 baht, effective tomorrow, the fourth rise since May 1st and almost reaching the ceiling price set at 35 baht/litre. Director of the Oil Fuel Fund Office (OFFO) Wisak Watanasap explained that global oil prices […]
BANGKOK (NNT) – The Ministry of Commerce has confirmed it will maintain the retail price of instant noodles in order to continue alleviating consumer burdens. Commerce Minister Jurin Laksanawisit said the ministry has not permitted any producers to raise retail prices for instant noodles and will keep the price cap in place for as long […]
