The Energy Regulatory Commission (ERC) is encouraging companies not selected for power pjs under its 5.2-gigawatt renewables scheme to participate in the 2nd phase after the general election.
The Pheu Thai Party insisted its policy to give away Bt10K to everyone aged 16 and older can be implemented as soon as Jan 1, 2024, to replace the current state welfare card if it becomes the new govt, while the EC ordered it to clarify how it plans to finance the scheme.
EC wants Pheu Thai’s giveaway details: Funding sources, amount needed under law. The Election Commission (EC) has ordered the Pheu Thai Party to clarify the source of finance for its policy of giving away 10,000 baht to everyone aged 16 and older, according to a source at the agency. Bangkok Post
Renewables scheme targets new firms: The Energy Regulatory Commission (ERC) is encouraging companies not selected for power projects under its 5.2-gigawatt renewables scheme to participate in the second phase after the general election. Bangkok Post
PPRP says rumours of alliance with Pheu Thai Party ‘untrue’: The Palang Pracharath Party (PPRP) has dismissed the possibility of a political alliance with the Pheu Thai Party while lambasting its 10,000- baht digital money giveaway policy. Bangkok Post
Airlines defend pricey plane tickets: High prices blamed on jet fuel surge. Airlines anticipate high demand during the Songkran holidays this year. Airlines are defending their expensive tickets, saying the rates reflect a spike in operational costs due to surging fuel prices and several other factors. Bangkok Post
BoI targets Chinese investors: The Board of Investment (BoI) is pushing ahead with a plan to lure foreign funds, with its recent roadshow in China targeting those in the electric vehicle (EV) and electronic businesses. Bangkok Post
‘Downside risks’ for Asean+3: Soaring energy prices and a stalling US economy have emerged as potential downside risks that could dampen growth in Asean+3 economies, according to the Singaporebased Asean+3 Macroeconomic Research Office (Amro). Bangkok Post
Sugar cane output up 1.9%: Sugar cane output is less than forecast for this crop year, with an increase of just 1.9% to 93.8 million tonnes. Sugar cane output is lower than forecast for this crop year, with an increase of just 1.9% to 93.8 million tonnes due to drought and more farmers switching to cultivating cassava, says the Office of the Cane and Sugar Board (OCSB). Bangkok Post
Govt’s warned against political parties’ populist policies requiring substantial sums of money, saying that after other essential expenses are deducted, the budget for the 2024 fiscal year will have only Bt220b left for spending on such policies.
