Showing 1 - 10 of 450
Draft seeks to better regulate fuel prices
Business, Yuthana Praiwan, Published on 12/09/2024
» A draft law to empower energy authorities to better regulate domestic oil and cooking gas prices is progressing towards parliament for approval, which could be a key energy policy under the nascent Paetongtarn Shinawatra regime.
Solutions sought for huge oil fund debt
Business, Yuthana Praiwan, Published on 05/09/2024
» Regulating oil and gas prices by offering subsidies from the Oil Fuel Fund for five years has left the Oil Fuel Fund Office (Offo) with huge losses and substantial debt.
OR upbeat on ministry's plan to better regulate oil trade
Business, Yuthana Praiwan, Published on 30/08/2024
» SET-listed PTT Oil and Retail Business (OR) is positive about the Energy Ministry's plan to better regulate oil trade and prices to deal with crude oil price fluctuations, despite growing concerns over the impact on its oil retail.
Fuel subsidies ‘only for the needy’ proposed
Yuthana Praiwan, Published on 02/08/2024
» The Oil Fuel Fund Office (Offo) is considering revising its price subsidy programmes to focus only on groups of people who badly need help, rather than making them universal.
Call for hearing on fuel price bill
Business, Yuthana Praiwan, Published on 29/07/2024
» The Energy Ministry's latest efforts at tightening control of domestic oil and cooking gas prices under a new bill requires a public hearing to examine its impact on oil traders and government revenue, says an energy expert.
New body proposed to regulate energy prices
Business, Yuthana Praiwan, Published on 24/07/2024
» Energy authorities will be given more power to regulate domestic oil and cooking gas prices through taxes and subsidies under a new law, says Energy Minister Pirapan Salirathavibhaga.
Oil price-control proposal draws fire
Published on 05/07/2024
» Energy executives are challenging an attempt by the Ministry of Energy to amend the law to give it more power to control oil prices.
KSL pulls out investment in Cambodia
Business, Lamonphet Apisitniran, Published on 05/07/2024
» The expansion of the sugar business from Thailand into Cambodia has hit a roadblock as Khon Kaen Sugar Industry Plc (KSL), Thailand's third-largest sugar producer, decided to withdraw its investment because of unfavourable business conditions.
Fuel consumption decreases 0.4%
Business, Yuthana Praiwan, Published on 05/07/2024
» Thailand's total fuel consumption dipped by 0.4% year-on-year to 157.1 million litres per day (MLD) between January and May, attributed to higher energy prices and the country's economic slowdown, says the Department of Energy Business.
Asian shares on track for fifth month of gains
Business, Published on 29/06/2024
» RECAP: Asian stocks were on track for a fifth straight month of gains on Friday, bolstered by a growing view that cooling US inflation could prompt the Federal Reserve to ease interest rates this year, while the yen tumbled to a 38-year low against the dollar.