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Search Result for “vat hike proposal”

Showing 1 - 10 of 100

BUSINESS

Petrol station night curfew considered for motorists

Business, Yuthana Praiwan, Published on 20/04/2026

» If the government proceeds with a plan to close petrol stations at night from this week, the move is expected to heighten public awareness of volatile oil supplies and rising prices, which are stoking fears of economic strain, according to an energy industry executive.

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

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

Petroleum and Energy Institute of Thailand denies oil refineries profiting from war

Business, Yuthana Praiwan, Published on 27/03/2026

» The Petroleum and Energy Institute of Thailand (PTIT) has denied an allegation that oil refineries are reaping a profit following a surge in their gross refinery margin (GRM) during the Mideast conflict, which is driving up domestic oil prices.

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

Thailand holds LNG talks with US producer

Yuthana Praiwan, Published on 14/03/2026

» Thai officials have held talks with a leading US liquefied natural gas (LNG) producer to increase supply to Thailand and accelerate delivery schedules, in a move aimed at mitigating potential energy disruptions stemming from tensions in the Middle East.

BUSINESS

Authorities tout biofuel as global oil prices soar

Yuthana Praiwan, Published on 05/03/2026

» Energy authorities are stepping up efforts to expand biofuel usage to reduce reliance on oil imports and safeguard against potential fuel shortages.

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

Electricity prices likely to dip early next year

Business, Yuthana Praiwan, Published on 02/12/2025

» Electricity prices are set to become slightly cheaper early next year as the Energy Regulatory Commission (ERC) resolved to reduce the power tariff by 0.06 baht per kilowatt-hour (unit) to 3.88 baht a unit, thanks to a projection of lower gas prices.

BUSINESS

New net-zero target sparks policy rethink

Business, Yuthana Praiwan, Published on 01/12/2025

» Thailand aims to achieve net zero by 2050, 15 years earlier than previously planned, but reaching that goal will require major changes in the country's energy landscape, with the power sector at the heart of the transition.