Diesel price in Thailand to be pegged at current level for two more months

[snoop1130]

 

The Thai cabinet has decided to subsidise the diesel price until January 20th, which means a loss of excise tax revenue for the state of another 20 billion baht.

 

After the cabinet meeting today (Tuesday), Prime Minister Prayut Chan-o-cha told the media that the cabinet decided to maintain the diesel price by prolonging the 5-baht/litre excise tax cut on diesel.

 

He admitted that the continuation of subsidies on diesel fuel will mean more spending and a need to borrow more. He said that he understands this will place a greater burden on the next government adding, however, that the subsidies are necessary, as he assured that the government will try its best to manage its debt.

 

Full Story: https://www.thaipbsworld.com/diesel-price-in-thailand-to-be-pegged-at-current-level-for-two-more-months/

 

-- © Copyright Thai PBS 2022-11-15

 

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[MJCM]

So January will be an expensive month, first electric going up (a lot) and now also Diesel with 5 Thb per litre. 

[KhunBENQ]

Look at domestic flight prices

[ikke1959]

and what if the oilprices are going dow??

[Golden Triangle]

As the Tescoo ad says "Every little helps" ????

[MJCM]

6 hours ago, ikke1959 said:

and what if the oilprices are going dow??

We Just have to wait and see.

 

 

[MJCM]

And an EV in this case will help of course, but not for deliveries to Shops (Makro / Big C etc etc), I have never seen a 30 Ton Truck that runs on Electricity.

 

Thus prices of goods will most certainly increase even more.

Edited November 15, 2022 by MJCM

[jacko45k]

Great News, any chance on a sub for 2 new front tyres?

[dpcjsr]

Capping prices ALWAYS has one result: shortages. 

[Nong Khai Man]

Just FILL Yer Tanks on January 18th or 19th......But be prepared for The L-O-N-G Queues at Filling Stations.....

[Andrew65]

15 hours ago, KhunBENQ said:

Look at domestic flight prices

I recently saw a LHR - BKK rtn flight on Thai advertised at £1350. Pre-COVID prices were £500-£700. And they're wondering why tourism to Thailand isn't recovering fast enough.

[jacko45k]

2 hours ago, Andrew65 said:

I recently saw a LHR - BKK rtn flight on Thai advertised at £1350. Pre-COVID prices were £500-£700. And they're wondering why tourism to Thailand isn't recovering fast enough.

I suspect people are paying it.... plenty of arrivals now.

[Andrew65]

2 minutes ago, jacko45k said:

I suspect people are paying it.... plenty of arrivals now.

Talking about energy prices in Thailand. Over here in the UK a few weeks ago, on the radio, there was a businessman talking about his business (including a pub), and energy bills. He's looking at his increasing from the current £16,000 pa to £45,000 pa. Mulling over whether or not to just close down his business!