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BUSINESS

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.

BUSINESS

Calls grow to control oil refinery pricing

Business, Yuthana Praiwan, Published on 31/03/2026

» Democrat list-MP Korn Chatikavanij has called on the government to step in and regulate the gross refinery margin (GRM) set by oil refinery operators, arguing that intervention is necessary to ease financial pressure on households and businesses as global crude oil prices soar.

BUSINESS

Getting a handle on the oil confusion

Business, Yuthana Praiwan, Published on 21/03/2026

» An oil shortage at some petrol stations over the past week raised doubts as it contradicts the government's assurances of a stable fuel supply.

SUSTAINABILITY

Thailand finally gets serious about climate action

Business, Yuthana Praiwan, Published on 21/02/2026

» Thailand is preparing to enforce its first climate change law, a landmark step that could reshape the country's economy and environmental policy for decades to come.

SUSTAINABILITY

Carbon rules reshape Thai business as CBAM looms

Business, Yuthana Praiwan, Published on 09/02/2026

» The European Union's Carbon Border Adjustment Mechanism (CBAM) is sending ripples of concern throughout global trade, unsettling exporters of certain products while raising broader questions about its long‑term impact on industries not yet covered by the measure.

BUSINESS

Oil plan presses ahead as E85 exits fuel mix

Business, Yuthana Praiwan, Published on 30/01/2026

» Thailand's new National Oil Plan will not be affected by PTT Oil and Retail Business Plc's (OR) decision to discontinue sales of gasohol E85, according to the Department of Energy Business (DOEB).

BUSINESS

Petroleum law changes put on hold

Business, Yuthana Praiwan, Published on 21/01/2026

» The Department of Mineral Fuels (DMF) has finished drafting amendments to the Petroleum Act to ensure the continuity of petroleum production when licences expire, avoiding delays that can result in expensive electricity bills.

BUSINESS

Oil markets shrug off US military intervention in Caracas

Business, Yuthana Praiwan, Published on 06/01/2026

» Global crude oil markets revealed little reaction in the immediate aftermath of the US military operation in Venezuela to detain President Nicolás Maduro on Jan 3, says the Thai Energy Ministry.

BUSINESS

Government targets B720bn of clean energy investments

Business, Yuthana Praiwan, Published on 08/10/2025

» The Energy Ministry aims to generate 720 billion baht in investment for energy development projects, notably solar power and carbon capture storage, putting Thailand on a fast track towards its net-zero goal, achieving it 15 years sooner than the target date.

BUSINESS

Global Power Synergy set to benefit from rising electricity demand

Business, Yuthana Praiwan, Published on 19/02/2025

» Demand for electricity in Thailand, which is expected to increase this year, will boost revenue for SET-listed Global Power Synergy (GPSC) after it experienced a slight drop in earnings in 2024.