Energy Policy and Planning Office sees 1H23 electricity demand +2.2% yoy to 101,043 GWh, all time high power consumption was on May 6 at 34,827mw +5% from previous peak at 28k mw due to severe hot weather, mulls discuss with government on power development plan (PDP) to cope with night time power management as majority of EV buyers charge vehicle at night.
Digital handout not covered by loans: Funding to come from fiscal 2024 budget, loans from stateowned financial institutions. The Finance Ministry will not issue an emergency loan decree to support the government’s 10,000-baht digital currency handout, with funding likely to come from the state budget and borrowing from state-owned financial institutions, says Deputy Finance Minister Kritsada Chinavicharana. Bangkok Post
Energy Regulatory Commission (ERC) sees Bt500-600m needed for every Bt0.01 Ft cut if govt wants to subsidize electricity as proposed by private sector, Bt0.2 Ft reduction from current Bt4.45/kwh wud need Bt15b budget to absorb.
Govt to pilot 20 baht flat-rate city train fare over New Year: A 20-baht flat fare will be piloted on the MRT Purple Line and the State Railway of Thailand (SRT) Red Line within the next three months as a “New Year’s present” to the public, Transport Minister Suriya Jungrungreangkit said yesterday. Bangkok Post
Tourist arrivals YTD reached 18.5m, spending Bt775.3b as of Sept 11, on track to surpass 25m full year target set by the TAT.
The SEC’s filed criminal charges against 4 individuals, including a CEO of Daol Securities, for manipulating shares of TIGER back in late 2018.
Cabinet is expected to approve 5 months visa free for Chinese travelers from Sept 25 till end of Feb24 cover golden week in Oct and CNY next year, allowing tourists to plan their trips.
TH in tier 1 for the first batch of iPhone 15 pre-order on Sept 15, official release on Sept 22, iPhone 15/15 Plus/15 Pro to be pricing same as 14/14 Plus/14 Pro; whereas 15 Pro Max US$100 above current 14 Pro Max.
AAT backs proposal for extra flights: The Airlines Association of Thailand (AAT) has agreed to Transport Minister Suriya Jungrung reangkit’s suggestion to reopen unused flight slots to expand commercial air traffic at airports. Bangkok Post
Govt’s Ft cut to Bt4.1/unit may affect SPP’s earnings by 5-8%, BGRIM and GPSC, while IPP like EGCO, GULF and RATCH may only see 2-3% impact, Tabloid.