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Search Result for “duty-free concession”

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BUSINESS

Huge loan needed to finance fuel subsidies

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

» Thailand's Oil Fuel Fund is seeking a loan of up to 150 billion baht to stabilise its finances and continue subsidising domestic fuel prices as global diesel costs soar, according to Prasert Sinsukprasert, energy permanent secretary.

BUSINESS

Oil refineries in the spotlight

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

» A proposal for the government to intervene in oil refinery costs and profits was not included as one of the seven measures recently unveiled to ease the consumer impact of surging global crude oil prices.

BUSINESS

Commercial EVs picked to propel Thai boom

Business, Lamonphet Apisitniran, Published on 02/04/2026

» Thailand's battery electric vehicle (BEV) market is expected to gain significant momentum this year, with sales projected to surpass 120,000 units partially due to soaring oil prices, says the Electric Vehicle Association of Thailand (EVAT).

BUSINESS

Oil turmoil speeds up Thailand's electric shift

Business, Lamonphet Apisitniran, Published on 02/04/2026

» Banks and car buyers are increasingly shifting towards battery electric vehicles (BEVs) as surging oil prices, fuelled by Middle East tensions, reshape Thailand's auto market, says Ford Thailand.

BUSINESS

CPN to host Songkran events

Business, Kuakul Mornkum, Published on 31/03/2026

» SET-listed Central Pattana Plc (CPN), the real estate developer and operator of Central shopping centres, will host Thailand's Songkran Festival 2026 at its malls nationwide, with a total budget of 500 million baht.

BUSINESS

Calls grow to control oil refinery pricing

Business, Yuthana Praiwan, Published on 31/03/2026

» Democrat list-MP Korn Chatikavanij has called on the government to step in and regulate the gross refinery margin (GRM) set by oil refinery operators, arguing that intervention is necessary to ease financial pressure on households and businesses as global crude oil prices soar.

BUSINESS

Customs rule change trims parcel imports

Business, Wichit Chantanusornsiri, Published on 30/03/2026

» Imported parcels delivered directly to recipients in Thailand have decreased in volume, while their prices have increased as a result of Customs Department measures.

BUSINESS

Retailers feel pinch as fuel prices spike

Business, Kuakul Mornkum, Published on 27/03/2026

» A fuel shortage and a recent surge in prices have caused logistics chaos for provincial retail and wholesale operators, sparking concerns it will reduce foot traffic during the upcoming Songkran festival in April.

BUSINESS

AXA highlights local insurance protection gap

Business, Nareerat Wiriyapong, Published on 25/03/2026

» Thailand needs to address the protection gap in the insurance industry to drive growth in the sector, which is critical for the country's economic development and the well-being of its people, says France-based insurer AXA.

BUSINESS

The BTS ARMY is coming to a city near you, armed with B174bn in spending power

Reuters, Published on 24/03/2026

» SEOUL - For Maria Herrera, ⁠a utility employee from Vancouver, ⁠the trade-off to watch a ​performance by Kpop supergroup BTS on Saturday in Seoul was simple: Weeks of extra shifts at her job and roughly C$5,000 (118,500 baht) for a week in Seoul.