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  • GENERAL

    Index falls for 18th month in a row

    Business, Published on 01/05/2024

    » A recent increase in domestic diesel prices is fuelling fresh concerns about inflation as Thailand's Manufacturing Production Index (MPI) fell by 5.13% year-on-year in March, attributed to the sluggish automotive industry, says the Office of Industrial Economics.

  • THAILAND

    Porsche Thailand Celebrates Classic Car Legacy

    Published on 26/04/2024

    » Porsche Thailand by AAS Group, the sole authorised distributor and importer of Porsche cars in Thailand, recently welcomed a renowned classic car expert from Porsche Germany, Mr. Alexander Fabig, Vice President of Individualisation and Classic at Porsche, to retrace the glorious history of the iconic brand. Mr. Peter Rohwer, the Managing Director of Porsche Thailand by AAS Group, proudly hosted the occasion and engaged in conversation with Mr. Fabig, who passionately shared his extensive knowledge and experience in classic Porsche cars. The discussion revolved around various models, including the Porsche Diesel tractors, the Porsche 356 PRE-A model from 1954, the 911 Carrera RS 3 litre from 1974, the 911 Turbo Flat nose from 1987, and several exclusive limited-edition models, such as the 911 Carrera GTS, which was exclusively produced to commemorate the 30TH anniversary of Porsche Thailand.

  • GENERAL

    Ministry eyes ongoing use of Oil Fuel Fund

    Business, Phusadee Arunmas, Published on 24/04/2024

    » The Finance Ministry has recommended using the Oil Fuel Fund to sustain the subsidy for retail diesel prices, noting the fund has sufficient capacity to support the government's diesel subsidy programme.

  • INVESTMENT

    Asian shares slump as Mideast risk rises

    Published on 20/04/2024

    » RECAP: Asian stocks plunged yesterday as broad risk aversion swept through markets on escalating tensions between Iran and Israel and worries about higher-for-longer US rates.

  • GENERAL

    Diesel price rising by another 50 satang

    Yuthana Praiwan, Published on 19/04/2024

    » Diesel prices will rise by 50 satang a litre on Saturday after an excise tax cut for the fuel expires, energy policy makers said on Friday.

  • GENERAL

    Diesel subsidy possible if excise tax cut ends

    Yuthana Praiwan, Published on 18/04/2024

    » The Oil Fuel Fund Office (Offo) says it will continue to subsidise retail diesel prices if the government decides to end the diesel excise tax cut.

  • GENERAL

    Tour bus firms call for long-term plan on diesel prices

    Business, Narumon Kasemsuk, Published on 13/04/2024

    » Tour bus operators are urging the government to clarify the long-term policy for diesel prices as most operators have to absorb higher costs during the Songkran holiday, as many cannot afford to replace their fleet with electric buses.

  • GENERAL

    Confidence index underwhelms in first quarter

    Business, Molpasorn Shoowong, Published on 12/04/2024

    » The tourism confidence index for the first quarter is lower than normal, according to the Tourism Council of Thailand (TCT), attributed to lower revenue for tourism operators and deflation risks.

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