Local news

Electricity rate reduced after street lighting charge lifted

  THE ENERGY Regulatory Commission (ERC) yesterday (Aug. 12) removed a street lighting charge from public electricity bills leading to 6-satang reduction in the rate to 3.89 baht a unit from next month (September), TV Channel 7 said. Moreover, rate structure for residential electricity has also been adjusted, with the first 200 units capped at

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Local news

Three ministers, Suthep jailed for anti-Yingluck chaos

THE Criminal Court today (Feb. 24) sentenced three ministers and protest leader and former deputy prime minister Suthep Thaugsuban to imprisonment for mounting street protests that toppled former Prime Minister Yingluck Shinawatra in 2014 with the three ministers immediately losing their positions, Sanook.com and Thai Rath newspaper said this evening. Altogether 39 suspects who were

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Business

Traders and politicians make risky arguments about low interest rates

  The Wall Street bulls embracing sky-high stock values and the Washington pols embracing big deficits may be ideological opposites, but they have something important in common. Both draw sustenance from near-zero interest rates which make stocks more valuable and debt more supportable. And both risk taking this basically sound logic to extremes. The rally

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