Thai Finance Minister sees high oil prices, inflation as temporary

Thailand’s finance minister said on Thursday high oil prices and inflation should be temporary.The government has approved support measures in a bid to help ease the impact of oil prices and the higher cost of living, Arkhom Termpittayapaisith told a business seminar.Keep reading ...

Consumer prices still declining

The consumer price index (CPI), a gauge of headline inflation, fell 1.17% year-on-year in February, marking the 12th straight monthly decline since March 2020.According to Phusit Ratanakul Sereroengrit, director-general of the Trade Policy and Strategy Office, the decline was largely because of the government measures ...

Phusadee Arunmas

April consumer prices dive

The consumer price index (CPI), a gauge of headline inflation, fell 2.99% year-on-year in April, the biggest decline in 10 years and nine months.The major contributions came from energy prices, which saw the biggest drop in 11 years and two months, and discount goods and ...

Phusadee Arunmas

Commerce Ministry reduces prices of 3,025 items

The Ministry of Commerce has continuously reduced commodity prices, to help reduce Thai citizens’ cost of living during the COVID-19 outbreak.Mr. Jurin Laksanawisit, Deputy Prime Minister and Minister of Commerce said the commodity price reductions are a form of continuous aid from the ministry, in ...

Sirakij Pornbanggird

Most people under economic pressure: Poll

A majority of people say they are now under economic pressure, particularly from the high cost of living, high prices of goods and an inability to meet daily expenses, according to the result of a survey by Suan Dusit Rajabhat University, or Suan Dusit Poll.The ...

Bangkok Post Reporter

Cabinet okays disability allowance hike from Bt800 to Bt1,000

The Cabinet has approved a hike in disability allowance from Bt800 to Bt1,000 per month starting October 1, Government Deputy Spokeswoman Ratchada Thanadirek said on Tuesday (January 28).“The adjustment was made to help disabled persons cope with the present cost of living,” she said. “Statistics ...

The Nation Reporter

Minister confirms train, bus fare cuts coming

Transport Minister Saksayam Chidchob promises to cut train and bus fares this year, with government subsidies allowing electric train fares at a possible flat 15-baht rate.A main policy of the Transport Ministry was to cut the cost of living by reducing fares – especially electric ...

Thodsapol Hongtong

Prices watchdog walks the walk for consumers

As a product of humble origins, Whichai Phochanakij understands the hardships that ordinary people endure. The Internal Trade Department chief, whose direct task is to supervise the cost of living and the prices of goods and services, vows to strike the best balance to ensure ...

Phusadee Arunmas

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