12 Apr 2019
Energy
In February 2019, the Energy Ministry announced measures to tackle PM 2.5 dust by upgrading the diesel standard to Euro 5, which limits the emission of sulfur compounds to under 10 parts per million (PPM) from 50 PPM under Euro 4. KResearch views that if business operators switch to premium grade diesel (Euro 5 standard) from ordinary diesel (Euro 4 standard) under the current oil subsidy schemes, it will boost transportation efficiency. The petrol and maintenance costs (including expenses associated with vehicle modification and opportunity cost from having vehicles fixed) will be lower. This cost calculation is based on the present retail price of premium grade diesel at THB30.89 per liter (April 12, 2019).... Read more
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30 May 2008
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