Showing 1 - 10 of 83
Thai oil fund spending B1 billion a day on subsidies
Bloomberg News and Post Reporters, Published on 11/03/2026
» The Thai government is widening efforts to curb demand for fuel, as it burns through cash fighting to keep domestic diesel prices artificially low amid surging global energy costs.
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.
Oil plan presses ahead as E85 exits fuel mix
Business, Yuthana Praiwan, Published on 30/01/2026
» Thailand's new National Oil Plan will not be affected by PTT Oil and Retail Business Plc's (OR) decision to discontinue sales of gasohol E85, according to the Department of Energy Business (DOEB).
Fuel consumption climbs 2.8% in January
Business, Yuthana Praiwan, Published on 19/03/2025
» Fuel consumption in Thailand increased by 2.8% year-on-year in January in line with economic growth, driven by tourism and government stimulus measures, says Sarawut Kaewtathip, director-general of the Department of Energy 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.
Call for auto taxes to match global shift
Wichit Chantanusornsiri, Published on 11/11/2024
» The structure of Thailand's automotive excise taxes must align with global trends, particularly the shift towards the electric vehicle (EV) industry, says Deputy Finance Minister Paopoom Rojanasakul.
More fuel subsidies ready to launch
Business, Yuthana Praiwan, Published on 27/01/2024
» Energy authorities are planning more subsidies for gasohol prices by using money from the state Oil Fuel Fund after the ongoing subsidy programme ends on Jan 31.
Gasohol demand doubles after price cut
Yuthana Praiwan, Published on 11/11/2023
» Demand for gasohol on the first day of price cuts last Tuesday doubled to almost 70 million litres as motorists rushed to fill their tanks, according to Energy Minister Pirapan Salirathavibhaga.
Ministry to probe gasohol shortage
Business, Yuthana Praiwan, Published on 09/11/2023
» The Energy Ministry vows to act against oil retailers illegally stockpiling the fuel following complaints about oil being sold out at petrol stations after a state policy to cut the prices of gasohol 91 and gasohol 95.
Cassava specialist UBE forecasts 10% revenue growth
Business, Yuthana Praiwan, Published on 07/11/2023
» Ubon Bio Ethanol Plc (UBE), a manufacturer of cassava-based products, expects its revenue to grow by 10% this year thanks to higher prices of ethanol and flour both domestically and overseas.