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Thailand: Prices expected to remain high

A survey of company CEOs found that the price of goods was expected to remain high for at least three more months because of the high cost of production and fuel, the Federation of Thai Industries announced on Monday. FTI vice chairman Wirat Uanarumit said 150 chief executive officers were surveyed this month. They blamed […]

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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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