Showing 1 - 10 of 90
Huge loan needed to finance fuel subsidies
Business, Yuthana Praiwan, Published on 04/04/2026
» Thailand's Oil Fuel Fund is seeking a loan of up to 150 billion baht to stabilise its finances and continue subsidising domestic fuel prices as global diesel costs soar, according to Prasert Sinsukprasert, energy permanent secretary.
Depleted Oil Fuel Fund to apply for loan
Business, Yuthana Praiwan, Published on 01/04/2026
» Authorities are preparing to seek a loan from commercial banks to stabilise Thailand's fast-depleting Oil Fuel Fund, following the announcement of the new cabinet under Prime Minister Anutin Charnvirakul.
State steps in as oil rockets to $100
Yuthana Praiwan, Published on 09/03/2026
» Thai energy authorities are preparing to secure loans from commercial banks to shore up the Oil Fuel Fund, which is rapidly running dry as global crude prices surge past US$100 per barrel amid the escalating US-Iran conflict.
Small firms told to go green for finance
Business, Yuthana Praiwan, Published on 09/08/2025
» Small and medium-sized enterprises (SMEs) are being encouraged to adopt more eco-friendly practices to obtain loans under a new financial assistance scheme worth 5 billion baht, says the Federation of Thai Industries (FTI).
Susco, Asia Green Energy bullish on EV industry
Business, Yuthana Praiwan, Published on 23/07/2025
» An oil retailer and a coal trading firm are expecting to rack up significant revenue from their newly-developed electric vehicle (EV) businesses, which are said to be increasingly disrupting sales of fossil fuels.
Bangchak bags 65% stake in Thai Kali
Business, Yuthana Praiwan, Published on 17/12/2024
» SET-listed energy conglomerate Bangchak Corporation has diversified into mining by investing in Thai Kali Co, the operator of a potash mine in the northeastern province of Nakhon Ratchasima.
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.
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.
Cooking gas subsidies extended to Sept 30
Yuthana Praiwan, Published on 27/06/2024
» The price of cooking gas, also known as liquefied petroleum gas (LPG), will remain fixed at 423 baht per 15-kilogramme cylinder until Sept 30 as energy officials have agreed to extend subsidies from the Oil Fuel Fund.
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.