Showing 1 - 10 of 16
Federation seeks diesel price reduction
Business, Published on 05/06/2024
» The rapid increase of domestic diesel prices to nearly 33 baht a litre is pushing the Land Transport Federation of Thailand (LTFT) to prepare to petition Prime Minister Srettha Thavisin next Tuesday to cut the price back to 30 baht a litre.
Worries about economic slowdown depress stocks
Business, Nuntawun Polkuamdee and Pornkamon Teerapiboonkun, Published on 21/05/2022
» Recap: Global shares moved higher on Friday but were still heading for losses compared with a week earlier as investors remain worried over high inflation and an economic slowdown.
Diesel tax cut eases logistics, transport
Business, Lamonphet Apisitniran, Published on 18/05/2022
» The five-baht reduction of the diesel excise tax will relieve pressure on logistics and transport costs after diesel prices exceeded 30 baht a litre starting earlier this month, says the Land Transport Federation of Thailand (LTFT).
Further diesel excise cut sought
Business, Lamonphet Apisitniran, Published on 15/03/2022
» The Land Transport Federation of Thailand (LTFT) has called on the government to further cut diesel excise tax and abandon sales of diesel, blended with expensive palm oil-derived methyl ester, for six months to better control domestic diesel prices during the global oil price surge.
Govt approves B3 tax cut on diesel to ease high prices
Online reporters and Reuters, Published on 15/02/2022
» The cabinet on Tuesday agreed to cut the excise tax on diesel by 3 baht per litre, from 5.99 baht currently, for three months to help mitigate the impact of high energy prices, deputy finance minister Santi Promphat told reporters.
PTT 'can't subsidise diesel'
News, Aekarach Sattaburuth, Published on 26/11/2021
» Deputy Prime Minister and Energy Minister Supattanapong Punmeechaow has rejected calls to divert profits from national oil and gas conglomerate PTT Plc to subsidise diesel prices.
Govt 'can't stop' lorry fee rise
News, Post Reporters, Published on 21/11/2021
» The government is powerless to stop lorry operators from hiking cargo transport prices if the government refuses to meet their demand to cushion diesel prices, says Deputy Prime Minister and Energy Minister Supattanapong Punmeechaow.
Diesel excise tax cut up in the air
Business, Wichit Chantanusornsiri, Published on 18/11/2021
» The Finance Ministry has yet to consider cutting the diesel excise tax and will continue to use the Oil Fund to stabilise the retail diesel price, said Finance Minister Arkhom Termpittayapaisith.
Lorry drivers to resume protest against high diesel prices Nov 16
Prasit Tangprasert, Published on 07/11/2021
» NAKHON RATCHASIMA: Operators of cargo trucks throughout the country plan to stage a second protest on Nov 16 to demand that diesel prices be capped at 25 baht per litre for at least one year, Northeastern Transport Association deputy secretary-general Thanasant Kulpessaranond said on Sunday.
State faces B150bn loss if diesel excise tax reduced
Business, Wichit Chantanusornsiri, Published on 05/11/2021
» If Thailand lowers the diesel excise tax by 5 baht per litre to peg the retail diesel price at 25 baht per litre, this will cost the state coffers up to 150 billion baht, said a Finance Ministry source, who requested anonymity.