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Search Result for “departure levy”

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BUSINESS

Gasoline users left out of fuel price cut

Business, Yuthana Praiwan, Published on 22/04/2026

» Fuel pricing policy is again under scrutiny as critics urge the government to extend benefits from falling global crude oil prices to gasoline and gasohol consumers, who they argue are disproportionately burdened by contributions to the Oil Fuel Fund.

BUSINESS

Call for jet fuel tax break as costs soar

Business, Yuthana Praiwan, Published on 07/04/2026

» Bangkok Aviation Fuel Services Plc (BAFS), Thailand's sole jet refuelling provider, has called on the government to exempt jet fuel from the excise tax of 4.72 baht per litre, warning the levy undermines the country's aviation competitiveness.

BUSINESS

Thai fuel prices to fall by B0.50 a litre

Yuthana Praiwan, Published on 03/10/2025

» Retail fuel prices are being reduced by 50 satang per litre from 5am on Saturday as part of a series of government measures to ease the cost of living.

BUSINESS

TPIPP aims to boost renewable power sales

Business, Yuthana Praiwan, Published on 30/05/2025

» A plan to phase out coal-fired power generation offers a new business opportunity for SET-listed TPI Polene Power (TPIPP), Thailand's largest waste-to-energy developer, aiming to increase renewable power sales to customers in the industrial sector.

BUSINESS

IRPC realistic on glum prospects for petrochemical sector

Business, Yuthana Praiwan, Published on 05/03/2025

» Another challenging year awaits the petrochemical industry as it continues to deal with a supply glut, while a hotter trade war between the US and China could impact the sector, says IRPC Plc, the petrochemical arm of national oil and gas conglomerate PTT Plc.

BUSINESS

Oil prices set to fall amid trade war

Business, Yuthana Praiwan, Published on 11/02/2025

» Global oil prices are expected to fall below US$70 per barrel this week, following the tariff policy announced by US President Donald Trump which has already triggered a new round of the trade war and threatens to affect the international economy, says Thai Oil Plc, Thailand's largest oil refinery by volume.

BUSINESS

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.

BUSINESS

Effort to reduce energy subsidies wins backing

Business, Yuthana Praiwan, Published on 10/08/2024

» Tax authorities and energy advocates support the Oil Fuel Fund Office's (Offo) initiative to better manage the loss-ridden Oil Fuel Fund, with its universal diesel and liquefied petroleum gas (LPG) price subsidy programmes likely to end, according to a public hearing on the 2019 Offo Act.

BUSINESS

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.

BUSINESS

Nex Point looks to Asean's growing EV market

Business, Yuthana Praiwan, Published on 20/04/2024

» The global campaign against carbon dioxide emissions is not only benefiting electric vehicle sales in Thailand, but also fuelling EV growth in Southeast Asia.