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Search Result for “gross refining margin”

Showing 1 - 10 of 45

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

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

Collection 2% short of target in Q1

Business, Wichit Chantanusornsiri, Published on 27/01/2026

» The government's net revenue collection in the first quarter of fiscal 2026 (October–December 2025) amounted to 633 billion baht, falling 2% short of the target, mainly due to an accelerated refund of corporate income tax to businesses.

BUSINESS

Raid has limited impact on US-China talks

Business, Wichit Chantanusornsiri, Published on 12/01/2026

» The recent US military operation in Venezuela is unlikely to affect US-China trade negotiations and trigger a renewed trade war this year, as both nations are trying to maintain the negotiation framework until Nov 10, says an analyst.

BUSINESS

Corporate tax refunds dent fiscal 2026 revenue collection

Business, Wichit Chantanusornsiri, Published on 29/12/2025

» The government's net revenue collection during the first two months of fiscal 2026 amounted to 385 billion baht, 7% below target, mainly due to accelerated refunds of corporate income tax.

THAILAND

Thais use rare earth leverage

News, Wichit Chantanusornsiri, Published on 29/10/2025

» The recent signing of a memorandum of understanding (MoU) between Thailand and the US on rare earth minerals is expected to enhance Thailand's opportunity to negotiate on reciprocal tariffs, says Ekniti Nitithanprapas.

BUSINESS

State plan to train 100,000 employees

Wichit Chantanusornsiri, Published on 09/10/2025

» The Thai government plans to improve the skills of 100,000 workers in an effort to align with modern technologies.

BUSINESS

State mulls widening scope of fund outlays

Business, Wichit Chantanusornsiri, Published on 08/08/2025

» The government is considering expanding the scope of spending for the Competitiveness Enhancement Fund to cover businesses not promoted by the Board of Investment (BoI).

BUSINESS

B110-billion stimulus package clears key hurdle

Wichit Chantanusornsiri, Published on 18/06/2025

» The Economic Stimulus Board has approved a 110-billion-baht stimulus package to revive the Thai economy, with the initiative projected to raise gross domestic product by up to 0.5%, Finance Minister Pichai Chunhavajira said on Wednesday.