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Search Result for “minimum prices”

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WORLD

Iran declares Hormuz ‘completely open’

Published on 17/04/2026

» Iran declared the Strait of Hormuz “completely open” to commercial shipping on Friday, as a ceasefire came into effect in Lebanon, raising hopes that two of the main obstacles to a US-Iran peace deal may have been cleared.

THAILAND

3,800 litres of untaxed diesel seized off Trat

Jakkrit Waewkraihong, Published on 17/04/2026

» TRAT - Authorities seized a fishing vessel carrying 3,800 litres of untaxed diesel at a pier in Khlong Yai district of this eastern province early on Friday. The owner admitted he had bought the fuel at sea for 28 to 30 baht per litre for use in the fishing sector.

BUSINESS

Trump brushes off high fuel costs as ‘fake’ in economic speech

New York Times, Published on 17/04/2026

» LAS VEGAS — United States President Donald Trump on Thursday dismissed high fuel costs amid his war with Iran, claiming that the economic damage inflicted by the war was much less severe than expected.

THAILAND

Policy viability under scrutiny

News, Aekarach Sattaburuth, Published on 17/04/2026

» Analysts have expressed caution over the feasibility of Prime Minister Anutin Charnvirakul's "Five Pillars" policy roadmap, unveiled under the slogan "Promises Delivered," citing a lack of clearly differentiated initiatives, the absence of a "signature" policy, and the lack of an explicit commitment to constitutional amendments.

BUSINESS

Tourism sector seeking clear policies

Business, Molpasorn Shoowong, Published on 17/04/2026

» Tourism operators have criticised the government for lacking clear policies to address the debt burden and improve the competitiveness of small and medium-sized operators.

BUSINESS

Fuel crisis upends state's fiscal plans

Business, Wichit Chantanusornsiri, Published on 17/04/2026

» The energy crisis may pose a challenge for the government in pursuing its fiscal plan, which aims to reduce the fiscal deficit to no more than 3% of GDP, increase revenue through a higher value-added tax (VAT), and keep public debt below 70% of GDP, according to the Finance Ministry.

THAILAND

New push to keep fares low

News, Chairith Yonpiam, Published on 17/04/2026

» The government has approved a 2.06 billion baht support package for the transport sector, aiming to cushion the impact of rising fuel prices, stabilise fares and ease pressure on household living costs.

THAILAND

Calls mount for energy pricing rejig

News, Post Reporters, Published on 17/04/2026

» A coalition of civic groups has called on Energy Minister Akanat Promphan to reform the energy pricing structure, enact laws to reclaim excess refinery profits, and liberalise rooftop solar installation for households.

BUSINESS

Agency raises diesel price ceiling in cost formula

Business, Wichit Chantanusornsiri, Published on 17/04/2026

» The Comptroller General's Department has raised the diesel price ceiling used in calculating reference prices for public construction projects to no more than 69.99 baht per litre, in order to reflect the rising costs of government construction works resulting from the war in the Middle East.

BUSINESS

Ministry mulls shelving fuel loan

Business, Yuthana Praiwan, Published on 17/04/2026

» The Energy Ministry is weighing whether to abandon plans to borrow 150 billion baht to support the fast-depleting Oil Fuel Fund, following a breakthrough in negotiations with oil refineries to lower diesel prices.