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Thailand: Behind the power tariff decision

A lower power tariff scheduled to take effect from Sept 1 not only means cheaper electricity bills for households and businesses during the last four months of this year, but also helps the debt-ridden Electricity Generating Authority of Thailand (Egat) with its plan to settle its debt. The Explainer examines the new power tariff, which is […]

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Tourism puts its faith in Pheu Thai

Tourism operators are hopeful a government can be formed by Pheu Thai as the party has a track record of governing, with the sector eager for state measures to continue effective tourism policies and eliminate ongoing obstacles. Sisdivachr Cheewarattanaporn, president of the Association of Thai Travel Agents (Atta), said a Pheu Thai coalition government could be […]

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Thailand: Headline inflation edges up in July

Headline inflation was weaker than expected in July, helped by lower food and energy prices, while the Commerce Ministry projected the inflation rate in the following months until the end of the year to increase by less than 1% a month. The Commerce Ministry reported on Monday that headline inflation, gauged by the consumer price index, rose […]

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Thailand: BoT calls for stable policies

Public confidence is more important than the new face of the upcoming coalition government and the new prime minister, while policy normalisation and the stability of fiscal and monetary policies are still required from the new government rather than economic stimulus, according to the governor of the Bank of Thailand. Confidence would resume given the […]

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