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Search Result for “Fuel”

Showing 1 - 10 of 3,346

BUSINESS

Huge loan needed to finance fuel subsidies

Business, Yuthana Praiwan, Published on 04/04/2026

» Thailand's Oil Fuel Fund is seeking a loan of up to 150 billion baht to stabilise its finances and continue subsidising domestic fuel prices as global diesel costs soar, according to Prasert Sinsukprasert, energy permanent secretary.

BUSINESS

PTG denies fuel profiteering allegations

Business, Yuthana Praiwan, Published on 04/04/2026

» PTG Energy, a SET-listed oil trader under the PT brand, has dismissed speculation that it was hoarding fuel for profit, adding it has no plans to pursue legal action against those spreading the accusations.

BUSINESS

Oil refineries in the spotlight

Business, Yuthana Praiwan, Published on 04/04/2026

» A proposal for the government to intervene in oil refinery costs and profits was not included as one of the seven measures recently unveiled to ease the consumer impact of surging global crude oil prices.

BUSINESS

Mideast uncertainty keeps pressure on equities

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 04/04/2026

» RECAP: Asian shares remained under pressure yesterday amid dimming hopes for a swift end to the Middle East conflict, though reports that Oman and Iran were drafting terms for reopening the Strait of Hormuz offered some respite. Volumes were thin with some markets closed for the Good Friday holiday.

BUSINESS

EV demand fuels Krungsri Auto's expansion plans

Somruedi Banchongduang, Published on 03/04/2026

» Krungsri Auto, the automotive finance arm of Krungsri (Bank of Ayudhya), aims to maintain its leadership in electric vehicle (EV) lending as demand rises amid surging oil prices.

BUSINESS

Xpeng eyes Thai plant as EV demand surges

Lamonphet Apisitniran, Published on 03/04/2026

» Chinese electric vehicle maker Xpeng is conducting a feasibility study on establishing a manufacturing plant in Thailand to support its export market, with a final decision expected within 1-2 years.

BUSINESS

Finance minister expects fuel price relief soon

Post Reporters, Published on 02/04/2026

» The Thai government is preparing to cut domestic fuel prices by targeting what it describes as “unnecessary” cost components in the national pricing structure.

BUSINESS

Scoot bookings strong despite Gulf strife

Business, Narumon Kasemsuk, Published on 02/04/2026

» Scoot, the low-cost subsidiary of Singapore Airlines, continues to register strong air travel demand from regions unaffected by the Gulf war across seven destinations in Thailand and plans to expand into secondary regional cities, supported by the delivery of nine Embraer E190‑E2 aircraft.

BUSINESS

Commercial EVs picked to propel Thai boom

Business, Lamonphet Apisitniran, Published on 02/04/2026

» Thailand's battery electric vehicle (BEV) market is expected to gain significant momentum this year, with sales projected to surpass 120,000 units partially due to soaring oil prices, says the Electric Vehicle Association of Thailand (EVAT).

BUSINESS

Business leaders slash Thai growth forecast

Business, Lamonphet Apisitniran, Published on 02/04/2026

» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has lowered its Thai GDP growth forecast to a range of 1.2-1.6%, citing the ongoing energy crisis triggered by war in the Middle East. The previous projection was 1.6-2.0%.