Subsidising electricity and fuel prices could cost taxpayers more than Bt37.5b a year, Energy Minister Wannarat Channukul says. Prime Minister Abhisit Vejjajiva has directed state agencies to take action to keep down energy prices in the face of rising global oil prices. (Bangkok Post)
Subsidies on fuel put at Bt40b
All posts byThaiVest Editorial Team
Leave a reply
You Might Also Like
Thai Stock Market Analysis May 9, 2022: How Much Lower Will the the SET fall?
Joe MillerMay 9, 2022
Ugly Trading Session Leaves Thai Stock Market Index in Murky Waters The Thai stock market had recently done remarkably well...
Thailand Economic Recovery Dwindling
Joe MillerDecember 7, 2020
Exports Decline Across the Board Merchandise exports in Thailand based on balance on payments contracted by 5.6% year-on-year in October...
Thailand Exports Worsened in October
Joe MillerNovember 25, 2020
Hopes for a continued recovery of the economy were deflated as Thailand exports worsened in October. The value of goods...