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Search Result for “current war”

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THAILAND

Oil fund seeks B150 billion in loan guarantees for fuel aid

Wichit Chantanusornsiri, Published on 31/03/2026

» The Oil Fuel Fund has sought a guarantee from the Ministry of Finance for 150 billion baht in loans to stabilise domestic fuel prices, amid rising energy pressures.

BUSINESS

Thai private investment stabilises despite global risks

Business, Wichit Chantanusornsiri, Published on 31/03/2026

» The Fiscal Policy Office (FPO) remains concerned that the war in the Middle East and volatility in the baht exchange rate could adversely affect the Thai economy, despite imports of capital goods rising by nearly 44% in February compared with the same period last year, reflecting continued expansion in private sector investment.

BUSINESS

Analyst calls for wider mix of Thai energy inputs

Business, Wichit Chantanusornsiri, Published on 30/03/2026

» The ongoing energy crisis has underscored the need for Thailand to accelerate the development of a broader mix of energy sources to strengthen its self-reliance, according to an analyst.

BUSINESS

Thailand mulls windfall tax on oil refineries

Business, Wichit Chantanusornsiri, Published on 28/03/2026

» The Fiscal Policy Office (FPO) has acknowledged it is studying the feasibility of introducing a windfall tax on refinery businesses in Thailand.

BUSINESS

Ministry eyes oil excise tax trims

Business, Wichit Chantanusornsiri, Published on 23/03/2026

» The Finance Ministry is weighing the extent of potential oil tax cuts to keep retail fuel prices at a level the economy can absorb, while also avoiding excessive impact on government revenue.

BUSINESS

Oil price spike forecast to slash Thai GDP growth

Business, Wichit Chantanusornsiri, Published on 18/03/2026

» Every US$10 increase in the oil price per barrel is expected to reduce Thai GDP by 0.2 percentage points, according to caretaker finance minister Ekniti Nitithanprapas.

BUSINESS

GH Bank allays concerns over financial stability amid war

Business, Wichit Chantanusornsiri, Published on 17/03/2026

» The Government Housing (GH) Bank has sufficient financial stability to withstand a potential economic crisis that could arise from the war in the Middle East, says the bank's chief.

BUSINESS

Government moves to rev up fiscal 2026 spending

Business, Wichit Chantanusornsiri, Published on 17/03/2026

» As disbursement of the investment budget in the first five months of fiscal 2026 remains below target, caretaker finance minister Ekniti Nitithanprapas has instructed all ministries to prepare monthly disbursement plans to accelerate spending and ensure they meet their targets.

BUSINESS

Fiscal position ‘sufficient’ for fuel subsidies

Wichit Chantanusornsiri, Published on 10/03/2026

» The government is in good fiscal condition, with a buffer of 300 billion baht if it needs to guarantee loans for the Oil Fuel Fund for subsidies, according to the Ministry of Finance.

BUSINESS

Crisis seen as opportunity for Thailand

Business, Wichit Chantanusornsiri, Published on 10/03/2026

» The crises arising from geopolitics and geoeconomics may represent Thailand's last chance to adapt and seize new opportunities, according to caretaker finance minister Ekniti Nitithanprapas.