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Thai government rolls out measures to address rising energy, goods prices

Thai government rolls out measures to address rising energy, goods prices

23 Sept 06:23 Key points summarised by AI
  • **Subsidizes essential utilities:** Increases cooking gas subsidies for state welfare card holders and vendors, reduces electricity charges for low-usage households, and maintains diesel prices at 30 baht/litre.
  • **Supports transport sector:** Provides monthly subsidies for gasohol to motorcycle taxi drivers and fixes LPG prices for taxi drivers to prevent service charge hikes.
  • **Reduces social security contributions:** Decreases mandatory contributions for employees, employers, and freelancers under various social security sections.
  • **Utilizes national funds:** Activates the Oil Fund to stabilize cooking gas prices and implements a partial subsidy for diesel price increases beyond April.
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