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Thailand Prime Minister Pledges to Retain Oil Price Subsidy.
Mar. 14--The government is ready to continue subsidising local oil prices as long as necessary, regardless of how long a possible war in Iraq lasts, according to Prime Minister Thaksin Shinawatra.
The government had the means to seek additional funds for the subsidy programme although the subsidy exceeded the initial projection of six billion to eight billion baht, he said.
Liquidity in the local financial system remained as high as 500 billion baht, providing the government with numerous opportunities to borrow.
"The current situation in the global and local oil markets is abnormal. High oil prices are driven not by the normal demand/supply ...
- Bangkok Post, Thailand, business briefs column.(Column)
- Newspaper article from: Bangkok Post (Bangkok, Thailand) May 25, 2007 700+ words
...enable the state Oil Fund to stabilise retail oil prices. To see more of the Bangkok Post, or to subscribe to the newspaper, go to...bangkokpost.com. Copyright (c) 2007, Bangkok Post, Thailand Distributed by McClatchy-Tribune...
- Thailand proposes regional study to look oil prices' impact on trade.
- Newspaper article from: Knight Ridder/Tribune Business News October 11, 2004 700+ words
...Somporn Thapanachai, Bangkok Post, Thailand Knight...the impact higher oil prices have had on trade...with new highs in oil prices by applying various...periods of heightened oil prices. To see more of the Bangkok Post, or to subscribe...
- Bangkok Post, Thailand, Business Brief Column.
- Newspaper article from: Knight Ridder/Tribune Business News May 27, 2004 700+ words
Bangkok Post, Thailand Knight Ridder...HOLDS ABOVE $41: US oil prices held firmly above $41...Tuesday. To see more of the Bangkok Post, or to subscribe to the...bangkokpost.com (c) 2004, Bangkok Post, Thailand. Distributed...
- Expert Foresees No Freefall in Oil Prices.
- Newspaper article from: Knight Ridder/Tribune Business News March 19, 2003 700+ words
Bangkok Post, Thailand Knight...News Mar. 19--Oil prices in the international...barrel in Dubai oil prices would raise the...lived, noting oil prices yesterday dropped...see more of the Bangkok Post, or to subscribe...
- Protracted War's Impact on Oil Prices Is Main Threat to Shares.
- Newspaper article from: Knight Ridder/Tribune Business News October 12, 2002 700+ words
...Nuntawun Polkuamdee, Bangkok Post, Thailand Knight...News Oct. 12--Oil prices could spike to...war would push oil prices even higher, depressing...and volatility in oil prices, according to...see more of the Bangkok Post, or to subscribe...
- Bangkok Post, Thailand, Nikhil B. Srinivasan Column.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) (via Knight-Ridder/Tribune Business News) April 11, 2002 700+ words
...Middle East (and the consequent impact on oil prices) and American corporate earnings for...recovery. Add to that the recent spike in oil prices and their negative impact for economies...Stanley estimates, for instance, that if oil prices went to $40 a barrel for just two months...
- Bangkok Post, Thailand, business briefs column.
- Newspaper article from: Knight Ridder/Tribune Business News December 1, 2004 700+ words
Bangkok Post, Thailand Knight Ridder/Tribune Business...about rising production costs due to high oil prices, according to a survey by the Federation...affect the ratings." To see more of the Bangkok Post, or to subscribe to the newspaper, go...
- Bangkok Post, Thailand, guest column.
- Newspaper article from: Knight Ridder/Tribune Business News July 23, 2004 700+ words
By A.F. Alhajji, Bangkok Post, Thailand Knight Ridder...investment. Finally, high oil prices in the past 12 months provided...circumstances for Iraq, with oil prices remaining high, the funds...industry are limited. If oil prices decline in the future, the...