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Search Result for “diesel tax reduction”

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BUSINESS

Songkran spending set to fall this year

Business, Kuakul Mornkum, Published on 10/04/2026

» The University of the Thai Chamber of Commerce (UTCC) has revised down its forecast for this year's Songkran spending to as low as 120 billion baht, from 129.6 billion baht, citing rising diesel prices.

BUSINESS

Songkran spending set to fall this year

Kuakul Mornkum, Published on 09/04/2026

» The University of the Thai Chamber of Commerce (UTCC) has revised down its forecast for this year’s Songkran spending to as low as 120 billion baht, from a previous 129.6 billion baht, citing rising diesel prices.

BUSINESS

Tourism minister chasing B3-trillion goal

Molpasorn Shoowong, Published on 09/04/2026

» Thailand’s tourism minister has vowed to restore tourism revenue to more than 3 trillion baht, exceeding pre-pandemic levels within the new government’s four-year term, and will proceed with a 300-baht tourism fee, as adopted in many countries.

BUSINESS

Long break eases pressure on oil reserves

Business, Yuthana Praiwan, Published on 09/04/2026

» The long holiday during the Songkran festival may ease pressure on Thailand's oil reserves, as demand for diesel is expected to decrease during this period, says the Department of Energy Business.

BUSINESS

Thai infrastructure bond market poised for growth

Business, Published on 09/04/2026

» The infrastructure bond market in Thailand is likely to expand in the medium term, driven by banks' stricter capital management, pressure on government funding due to high public debt, as well as strong demand from domestic and international investors for long-term stable assets, according to panelists at a recent seminar held by Fitch Ratings.

BUSINESS

Energy costs weigh on Hat Yai rebound

Business, Kuakul Mornkum, Published on 08/04/2026

» Most businesses in Songkhla's Hat Yai district have resumed operations following the devastating 2025 floods, but they are now having to grapple with surging energy prices, which are affecting sales.

BUSINESS

Stocks under pressure as energy crisis bites

Business, Nuntawun Polkuamdee, Published on 08/04/2026

» Thailand's equity market is expected to come under pressure as surging diesel prices raise concerns over economic growth and corporate earnings, although easing geopolitical tensions may help cushion downside risks, analysts say.

BUSINESS

Proposed tax on arrivals draws mixed reactions

Business, Molpasorn Shoowong, Published on 08/04/2026

» Tourism operators have expressed mixed views on the new government's plan to levy a 300‑baht tourism tax, as it may affect travel sentiment amid sluggish tourism caused by the Middle East crisis.

BUSINESS

Inflation poised to rise as sentiment weakens

Business, Somhatai Mosika, Published on 08/04/2026

» Headline inflation is projected to rise in April for the first time in over a year, or since March 2025, while the consumer confidence index (CCI) fell sharply in March. Both are largely influenced by the Middle East conflict and rising energy prices, according to the Trade Policy and Strategy Office (TPSO).

BUSINESS

A defining energy shock and Thailand's economic resilience

Business, Nalinee Taveesin, Published on 08/04/2026

» The global economy has entered a new phase of uncertainty. The escalating conflict in the Middle East has triggered what the International Energy Agency describes as the most severe energy supply disruption in modern history.