Thailand’s inflation in May the lowest for 21 months

The rate of inflation in Thailand has dropped for five consecutive months, to 0.53% in May, which is the lowest for 21 months, thanks to the reduction in electricity and…

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Thai government urged to brace for goods price spike in May

The government has been advised to take steps to cope with an average 5% to 10% increase in the prices of goods in May, when the diesel price, which has…

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Thai cabinet to reduce tax on diesel by 3 baht per litre for 3 months

The Thai cabinet decided to reduce excise tax on diesel fuel today (Tuesday), by an average of three baht per litre for three months, in a bid to ease the…

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Thai energy minister defends 30 baht/litre price for diesel

Thailand’s energy minister Supattanapong Punmeechaow has defended the government’s decision to cap the retail price of diesel fuel at 30 baht/litre, saying that this price has been maintained for more…

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