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Search Result for “capped”

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BUSINESS

Malaysia cuts subsidised fuel quotas on global oil price surge

Bloomberg News, Published on 26/03/2026

» KUALA LUMPUR - Malaysia’s government will cut subsidised allocations for its most popular fuel from April as it seeks to curb leakages and relieve fiscal pressure from a surge in oil prices owing to the Middle East conflict.

THAILAND

Ex-energy minister denounces fuel hike ‘robbery’

Online Reporters, Published on 26/03/2026

» Former energy minister Pirapan Salirathavibhaga has lashed out at the government over the sharp increase in retail fuel prices, describing the move as “robbery” after authorities approved a reduction in subsidies.

THAILAND

Thai fuel prices soar by six baht a litre

Online Reporters, Published on 26/03/2026

» Retail petrol and diesel prices in Thailand soared by six baht per litre on Thursday morning after the government abandoned costly attempts to cap them.

THAILAND

Thailand abandons fuel price caps

Published on 25/03/2026

» Thailand has abandoned attempts to cap domestic fuel prices that have been pushed up by the Middle East war, and instead will offer targeted assistance for the sectors hardest-hit by high prices.

THAILAND

Govt eyes fuel tax reduction

News, Published on 25/03/2026

» The government may be forced to implement fuel tax reductions if the Oil Fuel Fund proves insufficient to stabilise domestic prices, Deputy Prime Minister Ekniti Nitithanprapas has warned.

THAILAND

Consumer product prices capped but fuel costs will rise

Online Reporters, Published on 24/03/2026

» The government is capping prices of essential consumer products while confirming that there is enough fuel for vehicles and electricity generation, but their prices will have to rise due to increasing costs in global markets.

BUSINESS

Hotels slash rates to lure Songkran market

Business, Narumon Kasemsuk, Published on 24/03/2026

» Concerned by a nosedive in European arrivals and low confidence due to fuel shortages among local travellers, hotel operators have started to offer discounts of 20-40% to attract tourists during the upcoming Songkran holiday.

BUSINESS

Oil shock hits supermarket transportation in the South

Business, Kuakul Mornkum, Published on 24/03/2026

» The petrol shortage is causing headaches for MAI‑listed Mother Marketing, the operator of the Mother Supermarket chain in southern Thailand, prompting the company to urge the government to resolve the issue urgently.

LEARNING

Diesel shortages hit provinces, pumps dry

Gary Boyle, Published on 23/03/2026

» Fuel shortages, particularly diesel, have intensified across several provinces, with long queues forming at petrol stations, supplies running out within hours and motorists left waiting without certainty of refuelling.

THAILAND

Diesel shortages hit provinces, pumps dry

Online Reporters, Published on 22/03/2026

» Fuel shortages, particularly diesel, have intensified across several provinces, with long queues forming at petrol stations, supplies running out within hours and motorists left waiting without certainty of refuelling.