Pheu Thai to knock back skyrocketing electricity costs hitting business with a 21% rise in 2023
Update: 2022-12-15
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The business sector, in recent months, is expressing higher confidence with the return of foreign tourism at critical levels but is expecting to be left reeling by a 21% hike in electricity tariffs due to kick in from January 2023 at the same time as interest rates are rising with supplies and other costs all on the up. It comes as energy officials juggle the books with a bill of ฿122 billion still owed to the Electricity Generating Authority of Thailand (EGAT) and which must be paired down.
Carla Boonkong reports from Bangkok.
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