The Land Transport Federation of Thailand (LTFT) has called on the government to further cut diesel excise tax and abandon sales of diesel, blended with expensive palm oil-derived methyl ester, for six months to better control domestic diesel prices during the global oil price surge. The Energy Policy Administration Committee earlier decided to reduce the […]
Read MoreCambodia’s logistics and transportation companies are considering a “slight” increase in prices due to the rising cost of fuel triggered by the Russia-Ukraine conflict, according to industry experts and key players. Cambodia Logistics Association (CLA) president Sin Chanthy told The Post on March 14 that the Cambodian logistics sector, which has been severely affected by […]
Read MoreMANILA, Philippines — Uncertainties brought about by the ongoing war between Russia and Ukraine may affect an expected strong recovery in cargo flows, according to a top executive of ports operator International Container Terminal Services Inc. (ICTSI). ICTSI said the war sets several uncertainties, with the potential to disrupt businesses and institutions and poses threat […]
Read MoreAfter 18 years of suspended exports, 11 Thai chicken factories have been given permission by Saudi Arabia to export chilled and frozen fresh chicken, effective as of March 13. According to Commerce Minister Jurin Laksanawisit, on March 13 the commercial ambassador in charge of the Saudi market and a charge d’affaires of the Thai Foreign […]
Read MoreIn a recent report, HSBC adjusted its prediction for Vietnam’s inflation this year from 2.7 per cent to 3 per cent, a slight increase but with negligible risk as the economy has shown signs of a strong rebound in the making. While the number of cases has continued to climb since before Tet (Lunar New Year), the […]
Read MoreThe cabinet on Tuesday agreed to cut the excise tax on diesel by 3 baht per litre, from 5.99 baht currently, for three months to help mitigate the impact of high energy prices, deputy finance minister Santi Promphat told reporters. The cabinet approved a draft decree to cut the tax for three months from February […]
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Thailand
