Excise tax cut on diesel fuel to be extended until May 20th

Excise tax cut on diesel fuel to be extended until May 20th

13 Sept 16:51 Key points summarised by AI

The Thai cabinet approved a four-month extension of the excise tax cut on diesel fuel, maintaining a 5 baht/litre reduction until May 20th.
This measure aims to ease financial burdens on the private sector and the public, addressing truckers' concerns about rising global oil prices and preventing potential increases in cargo transport charges.

European protests could raise costs for Thai exporters

European protests could raise costs for Thai exporters

Yesterday 17:46 Key points summarised by AI

The Commerce Ministry warns that ongoing protests across six European countries, driven by cost-of-living concerns, could weaken consumer purchasing power, disrupt logistics, and elevate costs for Thai exporters.
Thai exporters are advised to closely monitor developments, explore alternative markets (ASEAN, South Asia, Middle East), and adjust shipping routes to reduce dependence on Europe and mitigate potential risks.

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