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Search Result for “tax system”

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BUSINESS

Epac cuts ex-refinery prices by 2 baht per litres

Yuthana Praiwan, Published on 07/04/2026

» The Energy Policy Administration Committee (Epac) has resolved to reduce ex-refinery prices by 2 baht per litre, a move expected to lower domestic diesel prices by 2.14 baht per litre by this Friday.

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

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

Oil refineries in the spotlight

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

» A proposal for the government to intervene in oil refinery costs and profits was not included as one of the seven measures recently unveiled to ease the consumer impact of surging global crude oil prices.

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

Higher power prices prompts push for solar

Business, Yuthana Praiwan, Published on 19/03/2026

» Small businesses and households are being urged to reduce their reliance on the state electricity grid and adopt solar power solutions, as global energy price volatility threatens to drive up costs, despite Thailand's capped power tariffs, according to solar firms.

BUSINESS

Oil transport bolstered to guarantee filling station supplies

Business, Yuthana Praiwan, Published on 17/03/2026

» Energy authorities are moving swiftly to streamline oil logistics in a bid to accelerate fuel deliveries to filling stations grappling with shortages caused by surging demand amid the ongoing US-Israeli war with Iran, which has disrupted global supply routes, according to the Department of Energy Business (DOEB).

BUSINESS

Refiners assure oil supply adequate amid panic buying

Yuthana Praiwan, Published on 13/03/2026

» Thailand’s oil refiners have sought to allay public concerns by confirming that the country’s oil reserves remain sufficient despite reports of motorists rushing to filling stations in provincial areas.

BUSINESS

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.

BUSINESS

Regulator devises plan to secure LNG supply

Business, Yuthana Praiwan, Published on 28/02/2026

» The Energy Regulatory Commission (ERC) is preparing contingency measures to secure liquefied natural gas (LNG) supply as tensions between the US and Iran raise concerns over shipping routes in the Middle East.