Business
Oil consumption up 4-5% during Songkran
Oil consumption has risen by four to five percent during the Songkran festival or from April 12 until April 17
BANGKOK, 17 April 2019 (NNT) – The Department of Energy Businesses has disclosed that domestic oil consumption has risen by four to five percent during the Songkran festival or from April 12 until April 17, mostly due to journeys between the provinces and Bangkok for the long holiday.
Department of Energy Businesses Director, General Nanthika Thangsupanich said today the 4-5% increase in oil consumption during Songkran accounted for a record 32 million liters of gasoline per day and 68 million liters of diesel per day.
Most of the fuel was for the long holiday from April 12 to April 17 during which festival goers have traveled to their home provinces and then returned to the capital city.
The daily volume of oil consumption is expected to amount to one million barrels, accounting for no less than a three percent increase throughout the year. Besides, she said, most of the consumed oil is supposed to be environmentally friendly.
UN outlines path to sustainable recovery in Southeast Asia
Tackling inequality, bridging the digital divide, greening the economy, and upholding human rights and good governance will be critical for...
Creating Long Term Growth in Thailand Post- Covid-19
Key mechanisms to position Thailand as the premier destination for investment include regulatory predictability and transparency as well as competitive...
Thailand’s COVID-19 response: an example of resilience and solidarity
Gita Sabharwal, the UN Resident Coordinator in Thailand, explains COVID-19 response success in the country thanks to a combination of...
Thailand’s GDP to shrink from 9.4 to 11.4 percent
The Thai Chamber of Commerce (UTCC) has predicted that the Thai GDP this year will shrink between 9.4 to 11.4...
Covid-19: Thailand reports 10 weeks without local transmission
According to the Centre for Covid-19 Situation Administration (CCSA), Thailand has recorded zero new locally-contracted cases for 10 weeks.
Thai economy improved in June says Bank of Thailand
In June 2020, the Thai economy improved from the previous month due to the gradual relaxation of lockdown measures both...
