Showing 1 - 10 of 1,049
Biofuel for ships yields promise
Business, Yuthana Praiwan, Published on 17/07/2025
» Major energy companies are interested in launching biofuel for ships as demand for this cleaner fuel is expected to rise, following a requirement issued by the International Maritime Organisation (IMO).
Authorities consider adjusting diesel ceiling price
Business, Yuthana Praiwan, Published on 15/07/2025
» Energy authorities are considering adjusting the ceiling price of diesel at the pump, which has remained unchanged for years despite changes in economic circumstances, says the Oil Fuel Fund Office (Offo).
Crunch time for eateries
Business, Kuakul Mornkum, Published on 26/06/2025
» The Thai restaurant industry is battling significant headwinds this year, with some operators suggesting the forecast is even tougher than during the pandemic.
PTT Oil and Retail Business says Cambodian oil ban will not affect firm
Business, Yuthana Praiwan, Published on 24/06/2025
» SET-listed PTT Oil and Retail Business (OR) does not expect Cambodia's ban on energy imports from Thailand to seriously affect its trade through 186 petrol stations in Cambodia.
Siam Gas and Petrochemical anticipates 10% growth in sales
Business, Yuthana Praiwan, Published on 02/06/2025
» SET-listed Siam Gas and Petrochemical (SGP), Thailand's second-largest liquefied petroleum gas (LPG) trader, expects sales to grow by 10% this year, improving revenue, though earnings and profit fell in the first quarter.
Bangchak Leads SAF Push at ‘Flying Green’ Forum
Published on 20/05/2025
» Thailand’s growing commitment to sustainable aviation fuel (SAF) took centre stage at the “Flying Green: Thailand’s Sustainable Aviation Fuel Forum”, jointly organised by the Board of Airline Representatives Business Association (BAR) and Thai Airways International Public Company Limited. The event brought together key stakeholders to explore advancements in SAF, including a presentation by Bangchak Corporation Public Company Limited. Representing the company, Mr Bundit Hansapaiboon, Chief Operating Officer and Senior Executive Vice President of the Refinery and Oil Trading Business Group, shared insights from the producer’s perspective in a session titled “Insights on SAF Production, Capabilities and Innovation”. Mr Korakot Chatasingha, President of BAR, and Mr Chai Eamsiri, CEO of Thai Airways International, delivered the opening remarks at the event, held recently at the Auditorium, 3rd Floor, Building 2, Thai Airways Head Office.
Bangchak, OR ramp up push to provide biofuel for aircraft
Business, Yuthana Praiwan, Published on 13/05/2025
» Two SET-listed energy firms -- Bangchak Group and PTT Group -- are stepping up efforts to expand green businesses with efforts to produce sustainable aviation fuel (SAF).
Pushback on VAT scheme for Thai SMEs
Business, Published on 09/05/2025
» Even though Finance Minister Pichai Chunhavajira has decided not to impose the value-added tax (VAT) on businesses earning less than 1.8 million baht annually to increase state revenue and reduce the budget deficit, the business community and especially small and medium-sized enterprises (SMEs) are concerned that any expansion of VAT would exacerbate their struggles.
Thai fuel prices unchanged despite tax hike
Yuthana Praiwan, Published on 07/05/2025
» Retail prices of fuel remain unchanged in Thailand despite a decision to increase the fuel excise tax by 15%, according to Energy Minister Pirapan Salirathavibhaga.
Oil fund loss likely to evaporate in H2
Yuthana Praiwan, Published on 06/05/2025
» The state Oil Fuel Fund’s huge loss of 47.7 billion baht is expected to be wiped out this year thanks to a decrease in global crude oil prices, says an Energy Ministry official.