How does interest adjustment affect the Thai economy?
Policy rate adjustment by the Monetary Policy Committee (MPC) in Thailand plays an important role in controlling inflation and stimulating the economy, which is a tool that has a wide impact on the economy. This article will help you understand the mechanisms of interest rate policy and the impact on the Thai economy from interest rate adjustments.
The government aims to levy road congestion charges for 50 baht/car along the electric train routes, expecting revenue of 12 billion baht annually.
On October 16, Mr. Suriya Jungrungreangkit, Deputy Prime Minister and Minister of Transport announced a new way to collect congestion charges along Bangkok’s mass transit roads to reduce traffic and pollution. The fee will be charged at 50 baht per car and will generate revenue of around 12 billion baht per year.
Confirmed! 20 Baht electric train fare throughout the line on every route, starting in Sep 2025
Eventually, people’s hopes for cheaper electric train fares came true when Mr. Suriya Jungrungreangkit, Deputy Prime Minister and Minister of Transport, announced that from September 2025 onward, all train lines in Bangkok will charge only 20 baht throughout the route. This aims to reduce the transportation cost burden and to encourage people to use public transportation more.
