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Thailand: Epac cuts oil prices by B1

The Energy Policy Administration Committee (Epac) has decided to cut retail oil prices by another one baht per litre for both gasoline and diesel segments from Monday, says Energy Minister Siri Jarapongphan.  “Energy policymakers want to ease people’s transport burden over the New Year holiday,” he said.  Epac decided on two discount measures. The first is […]

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Thailand: Investor obstacle course

Investors have had a tricky 2018, particularly in equities, as the Federal Reserve’s monetary tightening policy, which saw several central banks follow suit, led to a continued sell-off of Thai shares by foreign investors.  The trade spat between the world’s top economies and a local interest-rate hike have not helped the Thai bourse.  The benchmark SET […]

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Thailand: Consumer complaints down

Despite a decrease in the number of overall complaints in the first 10 months of this year, property and residential businesses remain unimproved, with the majority of complaints concerning condos, says the Office of the Consumer Protection Board (OCPB). Pikanes Tapuang, deputy secretary-general of the OCPB, said most condo complaints were in Greater Bangkok for […]

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