"Subsidy"

The price of electric vehicles have become a whole lot cheaper after incentive packages were implemented at the beginning of May.

The Cabinet on Tuesday approved a THB1.724 billion subsidy budget for power bills of households and small enterprises for four months.

The government is considering carefully whether it should launch the fifth phase of the Khon La Khrueng co-paying scheme because the funds allocated to the subsidy are running out, Prime Minister Prayut Chan-o-cha said on Friday.

The fourth phase of the government’s travel subsidy campaign “Rao Tiew Duay Kan” (We Travel Together) will accept an additional 1 million registrations, while the deadline has been extended from May 31 to September 30, the Tourism Authority of Thailand (TAT) said.

Toyota Motor Thailand will sign a memorandum of understanding (MoU) with the Excise Department on Friday to make its future electric vehicles eligible for the government’s price subsidy, the department chief said on Thursday.

Prime Minister Prayut Chan-o-cha asked truck operators on Thursday to be understanding, saying the government has run out of money after capping the diesel oil price at THB30 for months.

The Energy Ministry has been instructed to explore more ways in which the diesel price can be subsidised, Energy Minister Supattanapong Punmeechaow announced on Tuesday.

Two-million discounted rooms will be offered under the proposed fifth phase of the “Rao Tiew Duay Kan” (We Travel Together) co-payment scheme, the Tourism Authority of Thailand (TAT) said.

The Energy Ministry is seeking ways to mitigate the impact of rising diesel price in May, Energy Minister Supattanapong Punmeechaow said on Wednesday.

The Tourism Authority of Thailand (TAT) plans to propose a fifth phase of the “Rao Tiew Duay Kan” (We Travel Together) subsidy after rights offered under the fourth phase were snapped up on Saturday.

Travellers who wish to avail of the government’s “Rao Tiew Duay Kan” (We Travel Together) travel campaign are advised to hurry and book as there are only 154,684 room nights left from a total of 2 million.

The government will spend Bt80.24 billion to subsidise 10 measures to ease the burden of high living costs for three months amid the fuel-price crisis caused by the Russia-Ukraine war, said Energy Minister Supattanapong Punmeechaow on Thursday.