Diesel price to go up if global crude oil price rises to US$90-100/barrel

27 Sept 04:56 Key points summarised by AI

Energy Minister indicates a potential diesel price increase above 30 baht/litre if global crude oil prices reach US$90-100/barrel, exhausting current subsidies.
Current diesel prices are subsidized at 60 satang/litre to maintain 30 baht/litre until year-end, utilizing a 6,000 million baht Oil Fund.
Oil experts forecast crude prices could surge to US$80-100/barrel, primarily driven by impending US sanctions against Iran on November 4.
Bank of Thailand closely monitors oil price volatility, expressing concern over its potential impact on Thailand's economic recovery.

New home loan scheme aims to boost property sector with Bt125 billion

20 Oct 11:38 Key points summarised by AI

The Cabinet approved a new Bt50-billion 'A House for Each PLUS' home loan scheme from the Government Housing Bank, offering up to Bt3 million with 40-year repayment terms for low- and middle-income earners.
This initiative aims to significantly boost the property sector and national economy, projecting to generate Bt125 billion in economic activity and create jobs.