KBank Subsidiaries and ASEAN Economic Strategy slide image

KBank Subsidiaries and ASEAN Economic Strategy

K KASIKORNTHAI ธนาคารกสิกรไทย 开泰银行 KASIKORNBANK Ongoing Government Measures to Assist Cost of Living Household Assistance Energy Prices Measures Elimination of some Oil Fund levies (effective Diesel Price 35 33 31 29 27 25 23 21 Price moves in accordance with global oil prices 19 29.99 Details Train and Bus Fares: Bt500 monthly allowance for welfare card holders to use for bus and train service Necessity Goods: A Bt100* grant per month in welfare card to purchase necessity goods, products intended for education and farming materials from all Blue Flag shops Cooking Gas: A Bt45 discount each quarter in welfare card for purchasing cooking gas Allowances (e-Money): Up to Bt 200** for e-Money in welfare card, which can be withdrawed from an ATM Water and electricity price: Reduce water and electricity bills and refund meter fees Diesel Fuel: Government intends to restructure diesel fuel prices to reflect global prices NGV and LPG Price: Government lowered the NGV and LPG subsidy, allowing retail selling prices to reflect global market prices ■ NGV price rose to Bt15.31/kg since April 2019, align with global price LPG prices are as follows: ➤ Household sector: Current household LPG prices are Bt18.87/kg and Bt16.37/kg for low income household. ➤ Transport sector: adjusted to market price at Bt18.87/kg ➤ Industrial sector: adjusted in line with relevant production costs, currently at Bt18.87/kg FT Rate: Fuel Adjustment Tariff (FT) Rate for electricity is set to increase by less than the actual cost (from September-December 2020, FT rate at Bt-0.1243/unit) Baht/Litre Jan- Jan- Jan- Jan- Jan- 11 12 13 14 15 --- Retail Price Value-added-tax (VAT) Rate Jan- 16 Jan- Jan- 17 18 Jan- Jan- 19 20 Price without Subsidy Note: *Effective period July- October 2019 ** Household income exceed Bt30,000 per annum will get Bt 100 for e-Money Source: KResearch K KASIKORNTHAI On September 10, 2019, the Government announced the following VAT Rates: Maintain the 7% value-added-tax (VAT) rate until September 30, 2020 ■On October 1, 2020, the VAT rate will be increased to 10% บริการทุกระดับประทับใจ Thailand Economic Figures ธนาคารกสิกรไทย 开泰银行 KASIKORNBANK บริการทุกระดับประทับใจ 158 157
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