Briefs

The Energy Policy Administration Committee yesterday resolved to raise the contribution to the Oil Fund of all petrol types and gasohol 95 by 50 satang a litre while raising the diesel subsidy by 20 satang a litre.
Effective today, the new contribution rates are Bt7 for 95-octane petrol, Bt5.70 for 91-octane petrol and Bt1.30 for gasohol 95.
The subsidy for gasohol 91 will be trimmed to Bt1 a litre from Bt1.50, for E20 (20-per-cent ethanol) gasohol to Bt1.30 from Bt1.80 and for E85 gasohol to Bt12.20 from Bt12.70.
Meanwhile Energy Minister Arak Chonlatanon has mulled hiring scholars to study the appropriate diesel price.

SCB debentures fully subscribed
Siam Commercial Bank’s subordinated debentures worth Bt20 billion were fully subscribed in the first day.
In a statement yesterday, SCB president Kannikar Chalitaporn said the success reflected investors’ confidence in the bank’s financial strength and outstanding performance. The proceeds from the 12-year debentures, offered to the general public from September 5-14, will strengthen the bank’s Tier 2 capital and support future lending and expansion, she said.
The bank in February raised Bt20 billion from a 10-year subordinated debt issue. – The Nation