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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

PTG denies fuel profiteering allegations

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

» PTG Energy, a SET-listed oil trader under the PT brand, has dismissed speculation that it was hoarding fuel for profit, adding it has no plans to pursue legal action against those spreading the accusations.

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

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

Surge in demand for jet fuel during first 5 months

Business, Yuthana Praiwan, Published on 10/07/2025

» Jet fuel led energy consumption in Thailand from January to May this year, with usage increasing by 12.3% year-on-year over the first five months of 2024, surpassing demand for other fuels in the transport and manufacturing sectors, said the Department of Energy Business.

BUSINESS

PTT to slash costs amid US tariff burden

Business, Yuthana Praiwan, Published on 22/05/2025

» National oil and gas conglomerate PTT Plc plans to cope with US tariffs and a dip in global oil prices by reducing expenses and increasing operational efficiency to boost profits.

BUSINESS

Fuel consumption sees 2% rise year-over-year

Business, Yuthana Praiwan, Published on 10/01/2025

» Total fuel consumption during the first 11 months of last year rose by 2% year-on-year, in line with slow economic growth estimated to range from 2.6-2.7% in 2024, says the Department of Energy Business.

BUSINESS

Thailand reaffirms green pledges

Business, Yuthana Praiwan, Published on 06/01/2025

» Despite an unimpressive end to COP29, the 2024 UN Climate Change Conference held in Baku, Azerbaijan, Thailand remains committed to its campaign to reduce carbon dioxide emissions, with a view to accelerating its progress.