fuel tarrif

  • Business NewsTaxing decisions: Thai businesses brace for higher import duties

    Taxing decisions: Thai businesses brace for higher import duties

    Thailand’s business entrepreneurs are leaning towards higher import tariffs should the government forge ahead with its ambitious tax reform plans, according to a fresh poll from the Federation of Thai Industries (FTI). This survey follows hot on the heels of Finance Minister Pichai Chunhavajira unveiling a set of tax reform proposals designed to swell state coffers, fuel national development, sharpen…

  • Thailand NewsThai Prime Minister to review proposed energy tariff increase

    Thai Prime Minister to review proposed energy tariff increase

    Srettha Thavisin, the Thai Prime Minister, is set to convene a meeting with the relevant bodies following the revelation that the Energy Regulatory Commission (ERC) intends to surge the energy tariff from 3.99 baht per unit to 4.68 baht per unit from January to April next year. This proposed increase has stirred renewed demands for a revamp of the nation’s…

  • Thailand NewsFt set to decrease next month, says Thailand’s ERC

    Ft set to decrease next month, says Thailand’s ERC

    The Energy Regulatory Commission (ERC) is set to reduce the fuel tariff (Ft) next month, following a recommendation by the subcommittee responsible for its calculation. The decision comes in response to concerns regarding the rising cost of living, with water rates also marked for an increase after 23 years of stagnation. As reported by Khomgrich Tantravanich, the ERC’s secretary-general, the…