Nationwide crackdown launched on illegal nominee shareholders and land holdings
Government to start building Chainat-Pasak-Gulf water diversion canal next year
Cooking gas price to increase by ฿1/kg every month from July to September
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Cooking gas price to increase by ฿1/kg every month from July to September
13 Sept 12:34Key points summarised by AI
Thailand's cooking gas price will increase by ฿1/kg monthly from July to September, pushing a 15kg cylinder to 408 baht by September.
The government continues to partially subsidize the price, as the actual cost is higher, to mitigate the impact on consumers.
This partial subsidy strategy has improved the Oil Fuel Fund's cash flow by 200 million baht monthly, though the fund remains in deficit due to ongoing LPG and diesel subsidies.
The price hike aligns with broader energy cost increases, including diesel, amid rising global fuel prices, prompting discussions on further measures to ease living costs and potentially floating some oil prices.
Government to start building Chainat-Pasak-Gulf water diversion canal next year
Today 14:58Key points summarised by AI
Thailand's government will launch the "Chainat-Pasak-Gulf" water diversion canal project in fiscal year 2027, a seven-year mega-infrastructure initiative.
This permanent structural solution aims to mitigate recurrent central plains flooding by diverting water from the Chao Phraya River directly into the Gulf of Thailand, significantly reducing flow to major cities like Ayutthaya and Bangkok.
Prime Minister Anutin Charnvirakul justifies the long-term investment as a means to reduce future damages and fiscal burdens, contrasting it with the 40-50 billion baht spent annually on short-term flood relief.
Concurrently, the Prime Minister instructed officials to expand drainage capacity into the Tha Chin River and swiftly remove water hyacinths to improve immediate flood management.