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Search Result for “value-added tax”

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SUSTAINABILITY

Carbon rules reshape Thai business as CBAM looms

Business, Yuthana Praiwan, Published on 09/02/2026

» The European Union's Carbon Border Adjustment Mechanism (CBAM) is sending ripples of concern throughout global trade, unsettling exporters of certain products while raising broader questions about its long‑term impact on industries not yet covered by the measure.

BUSINESS

GGC launches partnership for credits from palm oil

Business, Yuthana Praiwan, Published on 09/02/2026

» Global Green Chemicals Plc (GGC), the biochemical arm of PTT Global Chemical Plc, has partnered with Thaicom Plc and the Thailand Greenhouse Gas Management Organization (TGO) to launch a pilot smart palm oil farming project aimed at supporting Thailand's 2050 net-zero target.

BUSINESS

Banpu acquires battery farm in US

Business, Yuthana Praiwan, Published on 03/02/2026

» Energy conglomerate Banpu Plc has announced a major step into the US battery energy storage market with the acquisition of the Megamouth Battery Energy Storage System (BESS) project in Texas, marking its latest move to grow its global battery farm portfolio.

BUSINESS

Oil plan presses ahead as E85 exits fuel mix

Business, Yuthana Praiwan, Published on 30/01/2026

» Thailand's new National Oil Plan will not be affected by PTT Oil and Retail Business Plc's (OR) decision to discontinue sales of gasohol E85, according to the Department of Energy Business (DOEB).

SUSTAINABILITY

Thailand positions itself for the carbon economy

Business, Yuthana Praiwan, Published on 27/01/2026

» Climate change has shifted from being a subject of policy discussion to becoming central to the global economic system in recent years.

BUSINESS

Petroleum law changes put on hold

Business, Yuthana Praiwan, Published on 21/01/2026

» The Department of Mineral Fuels (DMF) has finished drafting amendments to the Petroleum Act to ensure the continuity of petroleum production when licences expire, avoiding delays that can result in expensive electricity bills.

BUSINESS

Low-carbon economy push gains momentum

Yuthana Praiwan, Published on 16/01/2026

» Thailand is ready to pick up the pace as it moves toward a low-carbon economy following cabinet approval of the Climate Change Bill, according to acting Finance Minister Ekniti Nitithanprapas.

BUSINESS

'No rush' to install solar panels

Business, Yuthana Praiwan, Published on 30/12/2025

» Homeowners should not rush into installing rooftop solar panels in the hope of securing tax rebates before the government's official programme begins, according to MEA Smart Energy Solution (MEAei), a subsidiary of the Metropolitan Electricity Authority.

BUSINESS

New net-zero target sparks policy rethink

Business, Yuthana Praiwan, Published on 01/12/2025

» Thailand aims to achieve net zero by 2050, 15 years earlier than previously planned, but reaching that goal will require major changes in the country's energy landscape, with the power sector at the heart of the transition.

BUSINESS

Oil auction winners to be announced next month

Business, Yuthana Praiwan, Published on 25/11/2025

» Energy officials plan to announce the winners of the country's 25th onshore petroleum auction next month, a move meant to increase reserves and strengthen long-term economic growth.