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Thailand: Analysts back cut in oil excise tax

Energy policymakers need to implement various measures, including a cut in the oil excise tax, to make fuel prices bearable for businesses and households, according to energy analysts. Global oil prices look set to soar, especially following continued tension between oil-rich Russia and Ukraine. The dispute shows no signs of abating through political means as […]

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Thailand: Kingdom predicts 4% economic growth amid uncertainty posed by pandemic

Finance Minister Arkhom Termpittayapaisith is confident of the kingdom’s economic outlook, saying it will achieve 4% growth this year as forecast by several domestic and foreign agencies. Speaking during a recent special lecture to senior public officials, Mr Arkhom said the World Bank, International Monetary Fund, Thailand Development Research Institute, the Bank of Thailand and […]

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