LPG price for household use to be frozen until year end

23 Sept 04:14 Key points summarised by AI

Thailand's Energy Policy Committee (EPC) froze the retail price of household liquefied petroleum gas (LPG) for three months to ease financial burdens during the COVID-19 pandemic.
The EPC ordered a revision of profit forecasts for major electricity authorities (EGAT, MEA, PEA), questioning their 5-6% margins in the current economic situation.
New calculations for B7 high-speed diesel prices were approved, cutting the price by 0.051 baht/litre to encourage increased palm oil use in B10 biodiesel and support farmers.
The three-month LPG price freeze is estimated to cost 10 billion baht, which will be subsidized by the Oil Fund.

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

Yesterday 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.