Fuel prices, fares frozen | Bangkok Post: news

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Fuel prices, fares frozen

Food may be govt's next target to counter critics

The government has decided to freeze energy prices and fare increases for all kinds of transport and may impose price controls on food after being bombarded with complaints over the rising cost of living from many quarters.

Prime Minister Yingluck Shinawatra has also ordered ministers to gear up the government's Took Tang Pandin (being cheap nationwide) street market festival to counter the Democrat Party which has labelled the rise in prices since the Yingluck government took office as paeng tang pandin (being expensive nationwide).

The Energy Policy Administration Committee yesterday resolved to put on hold planned increases in the price of compressed natural gas (CNG) and liquefied petroleum gas (LPG) for the transport sector for three months, said Energy Minister Arak Chonlatanon, who chairs the committee.

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Your comments

  • Discussion 31 : 09 May 2012 at 22.4131

    d30: She didn't consult anyone, she just follows the orders from her fugitive brother.

  • Discussion 30 : 09 May 2012 at 16.4630

    It’s always interesting that these important decisions are made over night. How many experts did PM Yingluck consult? Where was the parliament debate about this? When will our politicians start to think before they make promises and fast decisions?

  • Discussion 29 : 09 May 2012 at 16.2829

    These vendors should realize, there is no free rent. Someone will have their hand out collecting money, and the government won't do a thing to stop it.

  • Discussion 28 : 09 May 2012 at 16.1528

    Seems Yingluck's trying to repair a severed artery with a band aid - before we bleed to death.

  • Discussion 27 : 09 May 2012 at 16.1027

    If Yingluck's going to freeze energy prices and fare increases at their present level rather than reduce them, they'll still be dearer than they should be - even in a couple of years time.

  • Discussion 26 : 09 May 2012 at 15.3226

    It's time for someone to cut that skype connection with the PM headquarters in Dubai. Thaksin thinks, Thailand sinks ...

  • Discussion 25 : 09 May 2012 at 14.3225

    Appease everyone. Promise everything. Pay for nothing. Sooner or later the market crashes.

  • Discussion 24 : 09 May 2012 at 13.4324

    Stop that crying for "free market". Worldwide there is no free market no more. After all that globalization fuss it a market of international players. They are big companies. They only care about their profits. There is no free market no more!
    It would think the government should and could do something.
    Check who makes the BIG money on the way to the consumer.
    Who stocks for a temporary shortage?

    Your PM is inexperienced? Yes. But she got ministers. They should be experienced!
    But as it's TIT, they just are there to be rewarded for other services.
    So don't only blame YS, blame the "grassroot"-aristocracy in charge now. And don't forget to blame the selfish voters too.

  • bikeme

    ThailandPost : 1,115

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    Discussion 23 : 09 May 2012 at 12.1323

    Would be nice to see some long range preventive thinking instead of short term bandages. The Thailand way is to run around at the last minute with schemes, rather than sitting down and planning for the future.

    Controlling market prices will eventually come back to bite them when these controls expire. Let market prices fluctuate naturally.

    Plan a gradual phased increase to minimum wages, regularly increasing to keep pace with general inflation. Look into corruption in entire the market system (middle man profiteering). Get rid of government price guarantees and institute education of farmers to be more efficient.

    There are so many things that could be done, but the PTP seem only concerned about saving face and garnering more votes.

  • Discussion 22 : 09 May 2012 at 12.0422

    YS was told by the people that work for her at first about the rise in prices. So she belived them. It was not until she went around her self did she realise that the prices were high.
    This is what happens when you rely on yes people all the time. She will need to get rid of these people. she needs people that will tell her the truth about the facts on all the issues.

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