Showing 1-10 of 468 results
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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.
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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.
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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.
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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.
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Preparing for the golden years
Business, Wichit Chantanusornsiri, Published on 13/04/2024
» The government’s ability to successfully push through the draft National Elderly and Basic Pension Act to garner a first reading — the first stage of a bill’s passage — or acceptance of the principle of the bill from the House of Representatives is considered a crucial cornerstone for building a support system for Thailand’s elderly population.
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Thai fuel usage increases by 4.1%
Business, Yuthana Praiwan, Published on 06/04/2024
» Thailand's total fuel consumption rose by 4.1% to 155 million litres per day (MLD) during the first two months of 2024, in line with economic growth, says the Department of Energy Business.
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Finding new levers for energy subsidies
Business, Wichit Chantanusornsiri, Published on 04/04/2024
» The expiry of the diesel price subsidy programme using the state Oil Fuel Fund on March 31 caused energy authorities to call on the government to change the way it regulates domestic diesel prices.
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Panel unfazed by higher diesel cost
Business, Lamonphet Apisitniran, Published on 04/04/2024
» Manufacturers are unlikely to increase the prices of goods if the government decides to allow the price of domestic diesel to exceed 30 baht a litre, following the expiry of a subsidy scheme using the Oil Fuel Fund on March 31, says the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).
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EV sales rise at motor show
Business, Lamonphet Apisitniran, Published on 02/04/2024
» Bookings for electric vehicles (EVs) are expected to keep growing throughout the Bangkok International Motor Show, thanks to the launch of new EV models and sales promotion campaigns, says the Federation of Thai Industries (FTI).
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Officials seek rejig of diesel subsidy
Business, Yuthana Praiwan, Published on 30/03/2024
» Energy authorities are planning to ask the government to cap domestic diesel prices without increasing the burden on the dwindling Oil Fuel Fund after the diesel subsidy programme expires on March 31, says the Energy Policy and Planning Office (Eppo).
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