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Search Result for “fare cap”

Showing 1 - 10 of 1,417

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

PTG denies fuel profiteering allegations

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

» PTG Energy, a SET-listed oil trader under the PT brand, has dismissed speculation that it was hoarding fuel for profit, adding it has no plans to pursue legal action against those spreading the accusations.

BUSINESS

Bangkok Airways to raise domestic airfares by up to 20%

Business, Narumon Kasemsuk, Published on 28/03/2026

» SET-listed Bangkok Airways plans to increase domestic airfares by 15-20% from April 1 to counter rising fuel costs and a 3% decline in second-quarter forward bookings, and may negotiate with the Civil Aviation Authority of Thailand (CAAT) to extend the airfare ceiling if operating costs continue to soar.

BUSINESS

Strategy calls for hub luring wealth capital

Business, Nuntawun Polkuamdee, Published on 28/03/2026

» The Association of Investment Management Companies (AIMC) is advancing a proposal to establish a private trust framework and related asset management legislation, aiming to position Thailand as a regional hub for wealth capital, particularly from the Middle East amid ongoing geopolitical uncertainties.

BUSINESS

Easing of fuel subsidies sparks winners and losers among stocks

Business, Nuntawun Polkuamdee, Published on 27/03/2026

» Thailand's move to rein in petrol price subsidies is likely to reshape sector dynamics, with fuel retailers emerging as key beneficiaries, while the transport, retail and tourism sectors face rising cost pressures, analysts say.

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

SME loan demand deteriorates in Q1

Business, Wichit Chantanusornsiri, Published on 25/03/2026

» Confidence among small and medium-sized enterprises (SMEs) fell sharply in the first quarter, driven by mounting concerns over rising costs linked to the energy crisis and a slowdown in lending, according to the latest survey by the SME Development Bank of Thailand (SME D Bank).

BUSINESS

Gas price hike to push up Thai power bills

Business, Yuthana Praiwan, Published on 25/03/2026

» The new government is bracing for a surge in electricity bills as liquefied natural gas (LNG) prices climb in the wake of conflict in the Middle East, according to an energy official who requested anonymity.

BUSINESS

Ministry eyes oil excise tax trims

Business, Wichit Chantanusornsiri, Published on 23/03/2026

» The Finance Ministry is weighing the extent of potential oil tax cuts to keep retail fuel prices at a level the economy can absorb, while also avoiding excessive impact on government revenue.

BUSINESS

Airlines reluctant to hike fares during Songkran

Business, Molpasorn Shoowong, Published on 17/03/2026

» Amid subdued demand from long-haul visitors, airlines are reluctant to increase domestic airfares during the upcoming Songkran holidays, with the Civil Aviation Authority of Thailand (CAAT) reporting no abnormal surge in fares over the period despite higher fuel prices.