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Search Result for “petroleum”

Showing 1 - 10 of 27

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

American invasion likely to shape crude prices, baht

Business, Wichit Chantanusornsiri, Published on 06/01/2026

» The US invasion of Venezuela is likely to send global oil prices lower and weaken the baht, according to a researcher, while managing economic and diplomatic policy amid geopolitical entanglements could become more complicated.

BUSINESS

Election puts new rules in limbo

Business, Wichit Chantanusornsiri, Published on 05/01/2026

» In 2026, several taxes are in the Finance Ministry's pipeline that will affect salaried employees, the public and businesses.

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.

BUSINESS

Fiscal decline expected to pressure Thailand over the medium term

Business, Wichit Chantanusornsiri, Published on 27/12/2025

» In 2026, the incoming government is likely to face a host of internal and external challenges, with Thailand's fiscal position a longstanding problem that has become more strained amid sluggish economic growth.

BUSINESS

New energy measures to drive down prices

Business, Wichit Chantanusornsiri, Published on 21/10/2025

» The government intends to reduce power prices to ease the cost of living and introduce energy measures for the country's targeted industries.

BUSINESS

Proposed battery tax rejig to reward energy efficiency

Business, Wichit Chantanusornsiri, Published on 24/01/2025

» The Finance Ministry plans to propose to the cabinet next month a revision of the battery tax from a flat rate for all battery types to a tiered rate, with more efficient batteries subject to a lower levy than less efficient batteries.

THAILAND

Government studies ways to cut power bills

News, Wichit Chantanusornsiri, Published on 09/01/2025

» The government is looking into electricity costs to find a way to lower prices as proposed by former prime minister Thaksin Shinawatra, Deputy Prime Minister Pichai Chunhavajira said.

BUSINESS

Cabinet to consider carbon tax next week

Business, Wichit Chantanusornsiri, Published on 04/12/2024

» The Finance Ministry is set to propose a carbon tax for cabinet approval on Dec 11.

BUSINESS

Exploring Thai efforts to cut carbon

Business, Wichit Chantanusornsiri, Published on 05/10/2024

» Thailand is racing against time to meet its international commitments to reduce global warming, cutting carbon emissions by one-third within six years.