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The Indonesian National Air Carriers Association (INACA) urged the government to approve the hikes in fuel surcharge for both jet and propeller aircraft.
Your spot-on horoscope for work, money and relationship from Guru by the Bangkok Post’s famously accurate fortune teller. Let’s see how you will fare this week and beyond.
Thailand’s move to rein in petrol price subsidies is likely to reshape sector dynamics, with fuel retailers emerging as key beneficiaries, while the transport, retail and tourism sectors face rising cost pressures, analysts say.
The government is advised to adopt a managed float approach to deal with energy prices amid expectations that domestic diesel prices could reach 60 baht per litre.
The government remains committed to bringing the first Disneyland theme park to Southeast Asia as part of the EEC Capital City project, with potential investors from the Middle East already indicating interest in becoming partners.
The caretaker cabinet on Thursday approved a series of measures aimed at easing the impact of soaring fuel prices on households and businesses, ranging from welfare card top-ups to soft loans for small businesses.
The supplementary budget, worth 25 trillion won, is in response to the Middle East conflict and aims to support small and mid-sized firms and vulnerable households.
The Oil Fuel Fund Office has defended the sharp six‑baht rise in fuel prices across Thailand, saying the increase was driven by soaring global oil prices and the need to maintain the fund’s financial stability.
“The US and its allies should earnestly respect the common aspirations of regional countries … and refrain from introducing bloc confrontation, conflict and the chaos of war into the Asia-Pacific,” said Chinese foreign ministry spokesman Lin Jian.
The prices of some necessary consumer products will be frozen while those of other products will rise, according to Commerce Minister Suphajee Suthumpun.
