Thailand 'too reliant' on foreign energy, Korn says - News Summed Up

Thailand 'too reliant' on foreign energy, Korn says


Democrat Party deputy leader and former finance minister Korn Chatikavanij (Photo: Korn Chatikavanij Facebook account)Thailand is facing rising fiscal and energy risks stemming from the conflict in the Middle East , according to former finance minister Korn Chatikavanij. “To contain rising energy costs, the Oil Fuel Fund is subsidising diesel heavily,” he said, noting the subsidy costs about 1.3 billion baht a day. Bourse aims to bolster market resilienceThe Stock Exchange of Thailand (SET) is seeking to strengthen capital market resilience. SET chairman Kitipong Urapeepatanapong said on Thursday that geopolitical tensions, volatile energy prices and supply chain disruptions have created an uncertain investment environment. Despite this, Thailand remains a regional “safe haven” supported by strong foreign reserves, manageable public debt and a stable banking system.


Source: Bangkok Post March 12, 2026 23:51 UTC



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