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Diesel Consumption Declines by 1.4 Percent Amid Varied Fuel Trends

Bangkok: Diesel consumption in Thailand experienced a 1.4 percent decrease in the first six months of 2025, despite overall fuel consumption rising slightly. According to Thai News Agency, the average daily fuel consumption from January to June 2025 was 157.69 million liters, marking a 0.6 percent increase compared to the same period last year. This period saw a notable rise

Oil Crops Board Approves Soybean and Coconut Imports to Stabilize Domestic Production

Bangkok: The Oil Crops Board (OIC) has given the green light for the import of soybeans and coconuts as a strategy to maintain a balanced domestic production. Mr. Chatuporn Buruspat, the Minister of Commerce, was tasked by Deputy Prime Minister Mr. Pichai Chunhavajira to lead the 1/2025 meeting of the Oil Plants and Vegetable Oil Committee, held at the Kitiyakara

Cabinet Approves 45 Billion Baht in Financial Assistance for Rice Farmers

Bangkok: The Cabinet has sanctioned a financial assistance package totaling 45.204 billion baht for farmers cultivating dry-season rice in 2025 and wet-season rice during the 2025/26 production year. According to Thai News Agency, the approval follows recommendations from the Ministry of Agriculture and Cooperatives. The Cabinet has agreed to waive non-compliance with a previous resolution from November 21, 2023, which

Cabinet Approves 45 Billion Baht in Financial Assistance for Rice Farmers

Bangkok: The Cabinet has sanctioned a financial assistance package totaling 45.204 billion baht for farmers cultivating dry-season rice in 2025 and wet-season rice during the 2025/26 production year. According to Thai News Agency, the approval follows recommendations from the Ministry of Agriculture and Cooperatives. The Cabinet has agreed to waive non-compliance with a previous resolution from November 21, 2023, which

Cabinet Approves Transfer of 40% Stake in MP G2 Co., Ltd. to PTTEP for Gulf of Thailand Exploration

Bangkok: The Cabinet has approved the transfer of 40% of the rights and obligations of MP G2 Co., Ltd. to PTT Exploration and Production Public Company Limited (PTTEP) for an exploration block in the Gulf of Thailand. This decision involves the production sharing contract for exploration block G1/61, which holds significant potential for petroleum development. According to Thai News Agency,

Bhumtham Denies Targeting Political Transfers in Interior Ministry Appointments

Bangkok: Bhumtham Wechayachai, the Deputy Prime Minister and Minister of Interior, has clarified that recent transfers within the Interior Ministry are not politically motivated. He emphasized that the moves are based on individual abilities and are intended to allow officials to effectively perform their duties. According to Thai News Agency, Bhumtham’s comments came after the Cabinet approved the transfer of

Anutin Charnvirakul Dismisses Prospects of Bhumjaithai Rejoining Government Amid Political Speculation

Bangkok: Anutin Charnvirakul, leader of the Bhumjaithai Party, addressed the current political situation, stating that the former prime minister remains in position and refusing to comment on the prospects of a new prime minister. Anutin firmly denied that any new political equation would bring the Bhumjaithai Party back into government. According to Thai News Agency, Anutin questioned the meaning behind

Thai-Cambodian Border Clashes Impact Industrial Confidence Index

Bangkok: The Federation of Thai Industries (FTI) has highlighted the negative impact of the ongoing Thai-Cambodian border clashes on the country’s industrial confidence index. According to Thai News Agency, these clashes have disrupted economic activities and border trade, leading to a decrease in the industrial confidence index, with growing concerns over a reciprocal tariff affecting competitiveness. Mr. Kriangkrai Thienukul, President