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Rice Packers Deny Price Hike, Saying They Only Ended Discounts

The Thai Rice Packers Association dismissed claims of price increases of up to 30 baht for a five-kilogram bag of rice. The association’s honorary president,...

Cabinet Extends Cost-of-Living Subsidies Another 3 Months

The Cabinet on Tuesday extended cost-of-living and energy subsidies for three more months. Announcing the resolution, Prime Minister Prayut Chan-o-cha said that the measures were...

Thailand Inflation Rates Soars to 7.1% in May

Headline inflation in Thailand hit 7.1% in May as the prolonged Russia invasion of Ukraine considerably raised the prices of oil and fresh food...

Reliance on China Sets of Thailand for New Economic Crisis – Ex-Minister

A former top minister suggested that Thailand faces another economic crisis fueled by world events. Kobsak Pootrakool, who was with the Prime Minister’s Office, said...

Pepsi Fails Inflation Challenge, Won’t Raise Soda Prices June 1

Pepsi failed the Inflation Challenge. Suntory Pepsico Beverage Thailand backed off plans to raise the price of its soft drinks, saying the price of Pepsi...

Inflation Won’t Halt Thai Economic Growth – Energy Minister

Thailand's economy is expected to continue growing amid the inflation crisis, as authorities reaffirm their commitment to addressing all existing challenges. Energy Minister Supattanapong Punmeechaow...

Surging Inflation Catches Bank of Thailand by Surprise

The Bank of Thailand informed the finance minister that inflation exceeded its expected level but should return to its normal pace late this year. BoT...

Inflation hits 13-Year High 5.7% in March

Inflation hit 5.73% in March, the highest rate in 13 years with the government blaming the Russia-Ukraine war for rising energy prices. Trade Policy and...

Love in the Age of Covid: Thai Couples Putting Off Families Despite Plunging Birth...

Many young Thai couples are too disheartened to have children due to the Covid-19 pandemic and other crises that have led to inflation and...

Cabinet OKs Spending Billions More on Covid-19, Cost-of-Living Subsidies

Thailand continued to spend money it doesn’t have Monday, approving another 8.5 billion baht for its coronavirus response and 10 more subsidies to reduce...

Finance Ministry to Propose New Living Cost Relief Measures

The Finance Ministry will propose a new set of measures to help control rising living costs as fuel prices continue to fluctuate. Ministry Permanent Secretary...

Bank of Thailand Sees Inflation Easing in Late ’22

The Bank of Thailand expects headline inflation to top an earlier forecast of 1.7% this year, but should remain within the central bank’s target...

Thai Consumer Prices Jump Startling 3.2% in Jan.; Gov’t Plays Down Inflation

After dipping in December, consumer prices roared higher in January, faster than economists expected. The headline consumer price index jumped 3.23% last month compared with...

Gov’t Shops to Sell “Affordable” Products to Combat Inflation Surge

Battling pandemic-fueled inflation plus price spikes for pork, chicken and eggs due to government mismanagement, the Commerce Ministry will open 3,050 shops to sell...

Inflation Surges to 2.7% in Nov., Highest in 7 Months

Inflation in November surged to 2.7 percent, the highest pace in seven months, fueled by the easing of disease controls and business reopenings. Ronnarong Phoolpipat,...

Fuel, Flooding Push Thailand Inflation Rate to 2.4% in Oct.

Fuel prices and severe floods pushed inflation to 2.38 percent in Thailand last month. The Finance Ministry said headline inflation jumped from 1.68 percent in...
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