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LPG price to rise to 423 baht for a 15kg cylinder in March

13 Sept 12:25 Key points summarised by AI

Thailand's National Energy Policy Committee (NEPC) will raise the retail price of a 15kg LPG cylinder by 15 baht to 423 baht starting in March.
This price adjustment aims to address the Oil Fund's substantial losses, currently at 813 million baht monthly, incurred from subsidizing LPG prices, with accumulated losses reaching 44.8 billion baht.
The actual market price for a 15kg LPG cylinder is estimated at 450 baht, reflecting global prices of US$698 per tonne as of January 16th.
In a related move, the NEPC also approved a reduction in electricity rates for households consuming up to 300 units per month, benefiting 19.66 million households, though costing the state 7.5 billion baht over four months.

Today 14:58 Key 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.