Asean

Thailand to cut power, oil, and internet to five Myanmar sites at 9am tomorrow

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Economy

Anutin backs ฿400bn borrowing decree to cushion energy shock

4 points

Economy

Oil Fuel Fund Committee freezes retail oil prices amid Middle East tensions

2 points

Asean

Maris to head special committee on Myanmar

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Travel & Tourism

Songwat week: Where heritage meets creativity on Bangkok’s coolest riverside strip

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Oil Fuel Fund Committee freezes retail oil prices amid Middle East tensions

Today 08:48Key points summarised by AI

The Oil Fuel Fund Executive Committee froze retail prices for all fuel types to mitigate the impact of soaring global oil prices on the cost of living.
This price volatility is primarily driven by escalating Middle East conflicts threatening supply chains and existing production cuts, prompting the committee to deliberate long-term relief measures and urge energy conservation.

Today 10:37Key points summarised by AI

Prime Minister Anutin Charnvirakul defended a 400-billion-baht loan decree as essential to address an unprecedented energy crisis, primarily driven by Middle East conflict and rising global fuel prices.
Existing annual budgets and emergency reserves are insufficient to cover immediate financial obligations and mitigate the crisis's impact on the nation's economic stability.
The emergency funds will be channeled into cushioning living and operational expenses, supporting a nationwide shift towards domestic renewable energy, and upskilling the workforce for energy transition.
Anutin assured lawmakers of strict fiscal discipline, transparency, and adherence to the '5T' framework, confirming that public debt will remain within the legally mandated 70% of GDP limit.

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