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Search Result for “Government debt”

Showing 1 - 10 of 71

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GENERAL

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.

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GENERAL

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.

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GENERAL

Power tariff set to fall by early 2025

Business, Yuthana Praiwan, Published on 02/08/2024

» The power tariff, which will be capped at 4.18 baht per kilowatt-hour (unit) to maintain electricity prices until the end of this year, is likely to decrease early next year, as global demand for liquefied natural gas (LNG) is thought to be decreasing, which would result in lower gas prices.

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GENERAL

Battle to keep power bills flat amid fears of gas price hike

Business, Yuthana Praiwan, Published on 20/07/2024

» The government will try to keep the power tariff unchanged for the rest of the year to curb electricity bills, amid predictions that gas prices will rise in the second half, despite more financial pressure on the state budget.

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GENERAL

Power bills poised to rise later this year

Yuthana Praiwan, Published on 12/07/2024

» Businesses and households in Thailand are likely to pay higher electricity bills later this year as the power tariff is set to increase from 4.18 baht per kilowatt-hour (unit) during the cool season, says the Energy Regulatory Commission (ERC).

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GENERAL

Diesel price rising by another 50 satang

Yuthana Praiwan, Published on 19/04/2024

» Diesel prices will rise by 50 satang a litre on Saturday after an excise tax cut for the fuel expires, energy policy makers said on Friday.

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GENERAL

Thai fuel usage increases by 4.1%

Business, Yuthana Praiwan, Published on 06/04/2024

» Thailand's total fuel consumption rose by 4.1% to 155 million litres per day (MLD) during the first two months of 2024, in line with economic growth, says the Department of Energy Business.

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GENERAL

FTI chairman race heats up

Business, Yuthana Praiwan, Published on 01/03/2024

» The competition for the chairman post of Federation of Thai Industries (FTI) has intensified as vice-chairman Somphote Ahunai, chief executive of Energy Absolute, a renewable energy and electric vehicle developer, announced his candidacy at the group with more than 15,000 members nationwide.

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MOTORING

Thailand motorcycle sales could slip

Yuthana Praiwan, Published on 09/02/2024

» Thai Honda Co, a manufacturer and distributor of motorcycles, expects domestic sales to dip slightly this year to 1.7-1.75 million units because of rule changes enforced to control high household debt.

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GENERAL

Fuel subsidies may exhaust oil fund

Business, Yuthana Praiwan, Published on 03/02/2024

» New measures to better support and manage the Oil Fuel Fund are needed amid growing concerns oil and gas subsidies from the fund will drain it empty, says the Oil Fuel Fund Office (Offo).