Prime Minister Gen Prayut Chan-o-cha has ordered government agencies to find ways of softening impacts on the public of soaring energy prices and present them at Tuesday’s Cabinet meeting. The move comes after Prayut met for talks with Energy Minister Supattanapong Punmeechaow and economic advisers on Friday afternoon, said government spokesman Thanakorn Wangboonkongchana. The Russia-Ukraine […]
Read MoreThe Energy Ministry said on Friday that oil firms in Thailand have been instructed to boost their reserve capacity to 70 days from 60 days to ensure there is enough fuel for domestic use amid the global crisis sparked by the Russia-Ukraine war. Maintaining stability in fuel supply is very important in the current situation. […]
Read MoreManufacturers will struggle to maintain their goods prices for another 3-6 months amid the Russia-Ukraine war, but they insist the government continue to cap diesel prices at below 30 baht a litre, says the Federation of Thai Industries (FTI). Global oil prices threaten to soar to more than US$130 a barrel, while some raw materials […]
Read MoreThe Tourism Authority of Thailand (TAT) is preparing a plan to relax travel rules in line with the timeline to declare Covid-19 an endemic disease on July 1. The tourism goals for revenue and arrivals this year might be downgraded because of surging oil prices and inflation caused by Russia’s invasion of Ukraine, said TAT […]
Read MoreThailand is to purchase more electricity from Laos this year in order to ensure sufficient supply and meet rising demand. The Kingdom is to increase its electricity purchases from Laos from 9,000 to 10,500 MW after a new agreement was signed, allowing the country to increase its supply from renewable sources. A signing ceremony for […]
Read MoreThe Commerce Ministry is scheduled to open a new online outlet called TOPTHAI Store on Taiwanese e-commerce platform PChome Store on March 29 to tap Taiwanese buyers, focusing initially on fashion and bio-, circular and green (BCG) products. Home decoration items, fashion items, food products and dried fruit are popular Thai products among Taiwanese online […]
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