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BUSINESS

Epac cuts ex-refinery prices by 2 baht per litres

Yuthana Praiwan, Published on 07/04/2026

» The Energy Policy Administration Committee (Epac) has resolved to reduce ex-refinery prices by 2 baht per litre, a move expected to lower domestic diesel prices by 2.14 baht per litre by this Friday.

BUSINESS

Call for jet fuel tax break as costs soar

Business, Yuthana Praiwan, Published on 07/04/2026

» Bangkok Aviation Fuel Services Plc (BAFS), Thailand's sole jet refuelling provider, has called on the government to exempt jet fuel from the excise tax of 4.72 baht per litre, warning the levy undermines the country's aviation competitiveness.

BUSINESS

Hopes for early end to war lift sentiment

Business, Maybank Securities Thailand, Published on 07/04/2026

» The war in Iran continues with ongoing attacks by both sides, while Iran's closure of the Strait of Hormuz weighs on investor sentiment.

BUSINESS

Global tensions hit home

Business, Somruedi Banchongduang, Somhatai Mosika and Lamonphet Apisitniran, Published on 06/04/2026

» With the US-Israel battle against Iran entering its sixth week, the global economy continues to feel the effects stemming from the closure of a key oil shipping route, the Strait of Hormuz.

BUSINESS

Middle East markets hit hardest by Iran conflict

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

» Middle Eastern markets, particularly Israeli arrivals, have been hit the hardest by the Gulf war, with more than 120,000 airline seats lost, while the US is expected to be the only long-haul market still solid in the coming months, according to the Thai Hotels Association (THA).

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

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

Polluted Chiang Mai to suffer at Songkran

Business, Molpasorn Shoowong, Published on 02/04/2026

» Northern tourism operators expect a poor showing during the Songkran holiday as the region remains choked by smog, amid weak spending attributed to the war in the Middle East and the subsequent oil shock.

BUSINESS

Depleted Oil Fuel Fund to apply for loan

Business, Yuthana Praiwan, Published on 01/04/2026

» Authorities are preparing to seek a loan from commercial banks to stabilise Thailand's fast-depleting Oil Fuel Fund, following the announcement of the new cabinet under Prime Minister Anutin Charnvirakul.

BUSINESS

Private sector urges urgent economic action

Business, Lamonphet Apisitniran, Somhatai Mosika and Nareerat Wiriyapong, Published on 01/04/2026

» Business leaders have welcomed Prime Minister Anutin Charnvirakul's new cabinet, expressing hope for a more effective response to a range of economic challenges, from surging fuel prices to broader issues affecting the Thai economy.