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Thailand to produce only B7 diesel fuel until next March to reduce diesel prices

Thailand to produce only B7 diesel fuel until next March to reduce diesel prices

13 Sept 21:50 Key points summarised by AI

Thailand's Energy Policy and Planning office (EPPO) will mandate oil refineries to produce only B7 diesel from December until next March, aiming to reduce prices to approximately 28-30 baht/litre.
This strategy, involving a reduced 7% biodiesel content (palm oil) and capped marketing fees, seeks to ease the impact on truck operators amidst rising global oil prices and will also cut Oil Fund subsidies.

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

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.

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