Further signs of PPRP splits: Ruam Thai Sang Chart’s emergence a sign of trouble in the ruling party. Academics believe the emergence of Ruam Thai Sang Chart, the party which has pledged to nominate Prime Minister Prayut Chan-o-cha as a candidate for the same role in the next election, indicates that there’s an internal rift within the ruling-Palang Pracharath Party (PPRP). Bangkok Post
Ministry eager to soothe oil misery: State mulls using emergency loan funds to ease impact. The Finance Ministry is considering using the remaining funds from the 500 billion baht in borrowing under the second emergency loan decree to ease the impact of high oil prices on the cost of living, says Finance Minister Arkhom Termpittayapaisith. Bangkok Post
Oil’s threat to recovery: Thailand’s nascent economic rebound is at risk from the surging price of fuel. Entrepreneurs feel they cannot continue to maintain stable prices of goods much longer as soaring energy costs are making waves across the board, dealing a blow to both emerging businesses such as delivery services as well as laggards like tourism. Bangkok Post
Minister says Covid cover will cease on March 1: Public Health Minister Anutin Charnvirakul has insisted the government will proceed with plans to remove Covid-19 from the list of conditions covered by the Universal Coverage for Emergency Patients (UCEP) scheme. Bangkok Post
Green light received for B40.82bn provincial plans: The government has approved provincial and provincial cluster development plans between 2023 and 2027 worth a combined 40.82 billion baht. Bangkok Post
Thailand’s falling birth rate is poised to wreak havoc on the econ and society, with experts saying the trend will see the country’s workforce shrink and more senior citizens adding to the burden of their relatives.
Government’s approved provincial and provincial cluster development plans between 2023 and 2027 worth a combined Bt40.82b.
Govt cuts diesel tax in half: Move aimed to offset global price surge. The cabinet yesterday agreed to cut the excise tax on diesel by three baht per litre, from the current 5.99 baht, for three months to help ease the impact of high energy prices on the cost of transport and consumer goods. Bangkok Post
State pumps billions into green cars: Scheme for both drivers, producers. The cabinet approved yesterday a package of incentives including tax cuts and subsidies to promote electric vehicle (EV) consumption and production between 2022-2023. Bangkok Post
ERC seeks extra 200MW of biomass power: Move aims to beef up reserve for summer. The Energy Regulatory Commission (ERC) is preparing to buy an additional 200 megawatts of electricity from biomass power operators to avoid a potential power shortage as gas supply dwindles from the Erawan block in the Gulf of Thailand. Bangkok Post
