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Search Result for “excess industrial capacity”

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THAILAND

State bus operator freezes fares, deploys 7,700 buses for Songkran

Online Reporters, Published on 08/04/2026

» State-run Transport Co Ltd has pledged to keep fares unchanged through April 19 and deploy more than 7,700 buses to handle the annual Songkran travel rush, assuring passengers there will be no one left stranded. 

THAILAND

Diesel refining margin cut to drop price by 2.14 baht

Online Reporters, Published on 07/04/2026

» Energy Minister Akanat Promphan, in his capacity as chairman of the Energy Policy Administration Committee (Epac), has ordered a reduction in diesel refining margins aimed at lowering retail fuel prices by about 2.14 baht per litre, with the measure expected to take effect on Thursday.

THAILAND

PM warns fuel may be expensive, in short supply

Online Reporters, Published on 06/04/2026

» The government will cut fuel and electricity prices through price restructuring, though supplies may remain costly and occasionally tight, Prime Minister Anutin Charnvirakul said late Monday night.

THAILAND

Probe refiners, don’t beg for donations, says Democrats’ Korn

Online Reporters, Published on 04/04/2026

» Democrat Party deputy leader Korn Chatikavanij has urged the government to investigate refinery profits rather than asking operators to donate excess earnings to help ease the economic burden from soaring energy costs.

THAILAND

DSI finds suspected fuel stockpiling after inspection in South

Online Reporters, Published on 02/04/2026

» The Department of Special Investigation (DSI) has uncovered irregularities following inspections of six major oil depots in the southern province of Surat Thani, with some operators suspected of stockpiling millions of litres of fuel during March.

THAILAND

Three-phase fuel crisis contingency plan announced

Online Reporters, Published on 31/03/2026

» The government has announced a three-phase contingency plan to cope with a potential full-scale energy crisis, including fuel rationing and limited operating hours for petrol stations and shopping malls, should the war in the Middle East lead to the closure of two crucial maritime chokepoints.

THAILAND

Anutin apologises for fuel mismanagement

Online Reporters, Published on 28/03/2026

» Prime Minister Anutin Charnvirakul has apologised for fuel mismanagement in Thailand, saying the disruptions caused by the Middle East war have lasted longer than expected.

THAILAND

Oil checks in seven provinces find ‘no irregularities’

Online Reporters, Published on 27/03/2026

» Inspections of oil depots and petrol stations in seven provinces have found no irregularities in fuel supply or distribution, the National Economic and Social Development Council (NESDC) said on Friday.

THAILAND

Pheu Thai cabinet hopeful Sudawan fails screening check

Online Reporters, Published on 27/03/2026

» Pheu Thai Party deputy leader Sudawan Wangsuphakitkosol, tipped to take one of the party’s eight cabinet seats in the Bhumjaithai-led coalition government, has failed to meet required qualifications.

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.