Showing 1 - 10 of 40
Community liquor wins state backing
Business, Wichit Chantanusornsiri, Published on 17/09/2024
» The Finance Ministry has vowed to enhance the competitiveness of Thai community liquor on a global scale.
Draft seeks to better regulate fuel prices
Business, Yuthana Praiwan, Published on 12/09/2024
» A draft law to empower energy authorities to better regulate domestic oil and cooking gas prices is progressing towards parliament for approval, which could be a key energy policy under the nascent Paetongtarn Shinawatra regime.
Inflation inches up 0.35% in August
Business, Phusadee Arunmas, Published on 06/09/2024
» Inflation increased by 0.35% in August, driven by rising prices of fresh vegetables and fruit as a result of production areas damaged by floods.
Solutions sought for huge oil fund debt
Business, Yuthana Praiwan, Published on 05/09/2024
» Regulating oil and gas prices by offering subsidies from the Oil Fuel Fund for five years has left the Oil Fuel Fund Office (Offo) with huge losses and substantial debt.
OR upbeat on ministry's plan to better regulate oil trade
Business, Yuthana Praiwan, Published on 30/08/2024
» SET-listed PTT Oil and Retail Business (OR) is positive about the Energy Ministry's plan to better regulate oil trade and prices to deal with crude oil price fluctuations, despite growing concerns over the impact on its oil retail.
Effort to reduce energy subsidies wins backing
Business, Yuthana Praiwan, Published on 10/08/2024
» Tax authorities and energy advocates support the Oil Fuel Fund Office's (Offo) initiative to better manage the loss-ridden Oil Fuel Fund, with its universal diesel and liquefied petroleum gas (LPG) price subsidy programmes likely to end, according to a public hearing on the 2019 Offo Act.
Consumer price index up for 4th consecutive month in July
Business, Phusadee Arunmas, Published on 08/08/2024
» The consumer price index (CPI) rose for a fourth consecutive month in July, up 0.83% from a year earlier, driven by higher prices for food and oil.
Fuel consumption declines by 0.05%
Business, Published on 03/08/2024
» Total fuel consumption dropped by 0.05% year-on-year to 156.6 million litres per day (MLD) during the first half of 2024, consistent with the country's economic growth, says the Department of Energy Business.
Fuel subsidies ‘only for the needy’ proposed
Yuthana Praiwan, Published on 02/08/2024
» The Oil Fuel Fund Office (Offo) is considering revising its price subsidy programmes to focus only on groups of people who badly need help, rather than making them universal.
Big Tech sell-off takes toll on Asian equities
Business, Published on 27/07/2024
» RECAP: Asian equities were mixed on Friday as traders weighed the rising expectations of US interest rate cuts against continued weakness in technology shares after a protracted run-up in prices.