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Thailand: Thai Finance Minister says increase in fuel excise taxes good for alternative energy industry.

Thai Press Reports

| February 09, 2009 | COPYRIGHT 2008 Thai News Services. (Hide copyright information)Copyright

Section: Business News - Minister of Finance Korn Chatikavanij says the increasing fuel excise taxes would benefit Thailand's alternative energy industry.

Mr. Korn explained the fuel excise tax increase to the parliament yesterday (February 5th) that the increase of fuel excise taxes was made at the right time due to the oil price slumps. He said the government decided to adjust the fuel excise taxes as it realized that oil prices would go up in …

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