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News Forum - Thailand braces for higher fuel and energy costs


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The full impact of international fuel price rises and inflation is about to arrive in Thailand. After many months of shielding the full impact of price rises, mostly with a diesel subsidy which capped the pump price at 30 baht a litre, the prices are now set to soar The government’s diesel subsidy has been in place since last October but the cap, keeping the price at 30 baht a litre, finished at the end of April. After threatening that the price could rise to 40 baht a litre, the Thai Energy Minister has now arrived at a new cap […]

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