Arkhom coy on diesel excise tax cut
Finance Minister Arkhom Termpittayapaisith has refused to take a stance on whether the diesel excise tax cut needs to be extended, saying it depends on global oil prices.

The Department of Mineral Fuels has awarded petroleum exploration and production licences to increase gas supply from the Gulf of Thailand and reduce power bills over the long term.
BEIJING: Elon Musk met Chinese Foreign Minister Qin Gang in Beijing on Tuesday, the ministry said, on the Tesla CEO’s first trip to the country since the start of the Covid-19 pandemic.
Finance Minister Arkhom Termpittayapaisith has refused to take a stance on whether the diesel excise tax cut needs to be extended, saying it depends on global oil prices.
Thailand needs to improve its durian production to remain the top exporter amid tougher competition over the next five years, according to a Bank of Thailand report.
The Department of Mineral Fuels has awarded petroleum exploration and production licences to increase gas supply from the Gulf of Thailand and reduce power bills over the long term.
BEIJING: Elon Musk met Chinese Foreign Minister Qin Gang in Beijing on Tuesday, the ministry said, on the Tesla CEO’s first trip to the country since the start of the Covid-19 pandemic.
The dollar value of Thai exports fell for a seventh straight month in April, down 7.6% from a year earlier, the Ministry of Commerce said on Tuesday, as global demand remained slow.
The Singapore Exchange (SGX) on Tuesday started trading in depositary receipts (DR) of three securities listed on the Stock Exchange of Thailand (SET).
The National Research Council of Thailand (NRCT) has joined hands with Chulalongkorn University’s Faculty of Economics in establishing the Knowledge Hub for Regional Anti-Corruption and Good Governance Collaboration (KRAC) for the goal of creating Thailand’s anti-corruption ecosystem by translating academic knowledge into actions and fostering networks for international cooperation.
The Digital Economy Promotion Agency (Depa), TBN Corporation and Kasetsart University have partnered to help develop a skilled digital workforce to bridge the demand gap for personnel in the country.
Tour operators face major losses for Hajj trips because of additional charges for pilgrim travellers and high airfares driven by limited seat capacity.
Some 70% of consumers in Asia-Pacific are willing to increase their spending on health and wellness as they become more health-conscious following the pandemic, according to a recent survey.
SET-listed Asian Sea Corporation, a Thai frozen food producer, and its subsidiary Asian Alliance International (AAI) are ready to move their production base to Vietnam or the Philippines if the new coalition government raises the daily minimum wage to 450 baht.
The food and beverage trade event Thaifex-Anuga Asia 2023 ended on Saturday and generated up to 120 billion baht in transactions, outstripping the original target of 70 billion baht.