All eyes on Tokyo as India comes calling | Bangkok Post: business

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All eyes on Tokyo as India comes calling

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For once you won't hear me complaining about the military regime in Thailand. At least not this week, after they slashed gasoline prices by nearly 10%. Call it populism for the rich. 

The decision to "restructure" energy prices took me by surprise given that the prevailing trend worldwide is to slap higher taxes on fuel to discourage waste and help conserve the limited resources available. But who am I to complain when my already low gasoline bill will dip another 10%?

There had been rumours that the junta would cut oil prices by up to a quarter, and if the men in green want to lop another 15% off our gasoline bills, by all means go ahead. But remember, if you see the already clogged streets of Bangkok get even worse, don't complain. Anyway, even if you wanted to stage a protest march you couldn't.

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