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Labour Minister Phiphat seeks to raise rural childcare subsidies

October 15, 2024

Labour Minister Phiphat Ratchakitprakarn has revealed his initiative to increase childcare subsidies for people who raise children in rural areas, aiming to increase Thailand’s population and bolster the country’s labour force.

EV3.5 campaign will cost another 7 billion baht: Excise Dept

July 08, 2024

The Excise Department is seeking another 7 billion baht for its EV3.5 promotion introduced to establish a strong electric vehicle (EV) industry in Thailand by 2030.

Abundant produce, subsidies bring Thailand’s inflation down for 6th month

FRIDAY, APRIL 05, 2024

Thailand’s consumer price index for March was 107.25, down from 107.76 in the same month last year, resulting in a 0.47% drop in headline inflation for the sixth consecutive month.

Fuel subsidies, lower car tax keep Finance Ministry’s earnings below target

MONDAY, APRIL 01, 2024

The Finance Ministry said its revenue in the first five months of fiscal 2024 was well below the target due to fuel subsidies it has been providing.

Govt blames fuel subsidies for missing its revenue target by 8.8 billion baht

MONDAY, MARCH 11, 2024

The Finance Ministry’s total net revenue for the first four months of fiscal 2024 came in at 824.12 billion baht, or 8.84 billion baht less than the original target.

Thailand to encourage families to have more children

TUESDAY, FEBRUARY 27, 2024

With Thailand’s birth rate plunging every year and an ever-growing ageing population impacting the economy, society and security, the government is tackling matters head-on with a campaign titled “Give Birth Great World” to encourage Thais to have more children.

Government shortlists measures to improve quality of living of Thais

THURSDAY, FEBRUARY 22, 2024

The Social Development and Human Security Ministry aims to offer more privileges to newborns, children, the elderly and people with disabilities in a bid to improve the quality of life of Thai citizens.

Fuel prices expected to rise – slightly – as subsidies expire on Jan. 31

TUESDAY, JANUARY 23, 2024

Energy Minister Peeraphan Salirathaviphak says discussions on government fuel subsidies are ongoing with only one week before the three-month gasohol price cuts expire on January 31.

PTT board agrees to extend NGV subsidies for most of next year

SUNDAY, DECEMBER 31, 2023

Energy Minister Pirapan Salirathavibhaga said he was urging the state-owned oil and petrol company, PTT Plc, to continue granting NGV subsidies for taxis, trucks, buses and general motorists next year.

Oil Fuel Fund deficit expected to reach THB100 billion by year-end

SUNDAY, NOVEMBER 12, 2023

The Oil Fuel Fund deficit is expected to balloon to over 100 billion baht at the end of this year because of continuous subsidies on petrol and cooking gas, a source from the Energy Ministry said.

Stop promising so many subsidies, development expert urges political parties

FRIDAY, MARCH 17, 2023

Election policies should focus on sustainable ways to stimulate the economy and improve the quality of life rather than subsidies, Somchai Jitsuchon, research director for inclusive development at the Thailand Development Research Institute (TDRI), told a forum on Friday.

Next Thai govt should focus on improving rice strains, competitiveness, not subsidies, say exporters

THURSDAY, MARCH 16, 2023

The Rice Exporters Association of Thailand on Thursday asked the next government to come up with policies that would focus on improving the country's rice strains and yields, instead of pushing populist projects to subsidise farmers.

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