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Advanced search
Showing 1-10 of 909 results
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Ministry eyes ongoing use of Oil Fuel Fund
Business, Phusadee Arunmas, Published on 24/04/2024
» The Finance Ministry has recommended using the Oil Fuel Fund to sustain the subsidy for retail diesel prices, noting the fund has sufficient capacity to support the government's diesel subsidy programme.
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Why solar and wind are not winning
Oped, Bjorn Lomborg, Published on 20/04/2024
» Despite us constantly being told that solar and wind are now the cheapest forms of electricity, governments around the world needed to spend US$1.8 trillion (66.3 trillion baht) on the green transition last year. "Wind and solar are already significantly cheaper than coal and oil" is how US President Joe Biden conveniently justifies spending hundreds of billions of dollars on green subsidies. Indeed, arguing that wind and solar is cheapest is a meme employed by green lobbyists, activists and politicians around the world. Unfortunately, as the $1.8 trillion price-tag shows, the claim is wildly deceptive.
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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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Diesel subsidy possible if excise tax cut ends
Yuthana Praiwan, Published on 18/04/2024
» The Oil Fuel Fund Office (Offo) says it will continue to subsidise retail diesel prices if the government decides to end the diesel excise tax cut.
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Southeast Asia 'woefully off track' on green investment, Bain says
Published on 15/04/2024
» SINGAPORE: - Southeast Asia is "woefully off track" on green investments to reduce emissions and needs new policies and financial mechanisms to help bridge the gap, the global consultancy Bain & Company said on Monday.
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Chinese EVs bet they can dethrone Japan brands in Thailand
Bloomberg News, Published on 09/04/2024
» TOKYO - Standing in front of a large crowd at last month’s Bangkok International Motor Show, an executive from Hozon New Energy Automobile Co promised to double sales in Thailand to 30,000 electric vehicles (EVs) this year.
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No incentives
Postbag, Published on 07/04/2024
» Re: "Panel unfazed by higher diesel cost", (Business, April 4).
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Inflation view narrows amid fluctuating prices
Business, Phusadee Arunmas, Published on 06/04/2024
» The Commerce Ministry has adjusted the outlook for headline inflation this year to a range of zero to 1.0%, from -0.3 to 1.7%, based on rising energy prices, depreciation of the baht and higher prices for fresh food.
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Diesel price increasing by 50 satang
Published on 05/04/2024
» Pump prices of diesel will increase by 50 satang a litre on Saturday morning amid rising concern about the cost of subsidising the fuel, said Wisak Watanasap, director of the Oil Fuel Fund Office (Offo).
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Finding new levers for energy subsidies
Business, Wichit Chantanusornsiri, Published on 04/04/2024
» The expiry of the diesel price subsidy programme using the state Oil Fuel Fund on March 31 caused energy authorities to call on the government to change the way it regulates domestic diesel prices.
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