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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

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

Gas price hike to push up Thai power bills

Business, Yuthana Praiwan, Published on 25/03/2026

» The new government is bracing for a surge in electricity bills as liquefied natural gas (LNG) prices climb in the wake of conflict in the Middle East, according to an energy official who requested anonymity.

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

Thai firms chase LNG deals as worldwide prices decline

Business, Yuthana Praiwan, Published on 10/02/2026

» Thailand's leading energy companies are moving to lock in long-term liquefied natural gas (LNG) contracts as global prices are forecast to decline, in a bid to shield consumers from volatile electricity bills.

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 drilling set to increase

Business, Yuthana Praiwan, Published on 07/02/2026

» The Department of Mineral Fuels (DMF) is preparing to restart oil and gas exploration and production projects once a new government takes office following the Feb 8 general election, in a bid to attract multi-billion-baht investments and strengthen Thailand's long-term energy security.

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

Low-carbon economy push gains momentum

Yuthana Praiwan, Published on 16/01/2026

» Thailand is ready to pick up the pace as it moves toward a low-carbon economy following cabinet approval of the Climate Change Bill, according to acting Finance Minister Ekniti Nitithanprapas.