Anti-government protests resumed over the weekend in 4 locations in BKK, some 20-40 protesters were arrested. Police are working to identify those who hijacked police vehicles and helped two detained protesters escape during the protests.
CCSA is set to consider easing quarantine rule for tourists from next month, where they will be allowed to leave hotel room after 3 days of mandatory 2-week quarantine, but will still be confined to the properties. A proposal to waive quarantine rule for vaccinated visitors will also be considered.
Fuel tariff kept steady as oil prices increase: The Energy Regulatory Commission (ERC) has resolved to maintain the fuel tariff (Ft) at an average of -0.1532 baht per kilowatt-hour (unit) to control monthly power bills this year as the global oil price is on an uptrend. Bangkok Post
Consumer prices still declining: The consumer price index (CPI), a gauge of headline inflation, fell 1.17% year-on-year in February, marking the 12th straight monthly decline since March 2020. Bangkok Post
Risky business: The SEC is concerned about the volatility of cryptocurrency for novice investors, but its new rules effectively bar middle-class Thais. A huge flock of fund inflows and new traders moving into the cryptocurrency market has drawn a watchful eye from the regulator, eager to inform young, wide-eyed investors about their risky behaviour amid skyrocketing returns, but also limiting those who can partake in the digital asset market. Bangkok Post
Delay in 5G licence payment on cards: The National Broadcasting and Telecommunications Commission (NBTC) has been ordered to study a proposal to delay 5G spectrum licence payment in a move to help alleviate the financial hardship of the winning bidders which have been hard hit by the pandemic. Bangkok Post
Cabinet won’t extend tour scheme: Tourism bodies to redesign campaigns. The cabinet has turned down a proposal from the Tourism and Sports Ministry to extend the fraud-plagued Rao Tiew Duay Kan (We Travel Together) scheme scheduled to end on April 30. Bangkok Post
Restrictions to end ‘by October’: CCSA upbeat about reopening country. Thailand will be fully reopened by October and all Covid-19 restrictions lifted, if all sectors continue to cooperate with the government in its containment efforts, the Centre for Covid-19 Situation Administration (CCSA) hinted yesterday. Bangkok Post
The National Electric Vehicle Policy Committee is considering setting a new electric vehicle (EV) production target, with EVs making up half of all car manufacturing by 2030.
Second home’s LTV restriction at 80% will expire at end of March, before going up to 90% from April 1, may help boost demand and benefit SIRI, AP, SPALI, Tabloid.