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Search Result for “fare cap”

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THAILAND

Diesel refining margin cut to drop price by 2.14 baht

Online Reporters, Published on 07/04/2026

» Energy Minister Akanat Promphan, in his capacity as chairman of the Energy Policy Administration Committee (Epac), has ordered a reduction in diesel refining margins aimed at lowering retail fuel prices by about 2.14 baht per litre, with the measure expected to take effect on Thursday.

THAILAND

Songkran bus services face cutbacks as fuel costs surge

Online Reporters, Published on 07/04/2026

» Inter-provincial bus and van operators said on Tuesday they would have to reduce services from Thursday onwards if the government refused to offset higher overheads caused by the Mideast war.

THAILAND

Firms eye post-Songkran flight cuts

News, Post Reporters, Published on 05/04/2026

» The aviation regulator expects airlines to cut flights after Songkran as fuel costs rise and travel demand weakens.

THAILAND

Public transport operators to protest

News, ACHADTHAYA CHUENNIRAN, CHAKKRAPAN NATANRI and PRASIT TANGPRASERT, Published on 05/04/2026

» Public transport operators in major cities are under mounting pressure as surging fuel prices erode incomes and threaten services.

THAILAND

Akanat to cap refinery margins at 3-4 baht per litre

News, Post Reporters, Published on 03/04/2026

» Energy Minister Akanat Promphan said he plans to cap refinery margins at 3-4 baht per litre in a bid to curb rising fuel costs without relying on subsidies.

THAILAND

Oil fund seeks B150 billion in loan guarantees for fuel aid

Wichit Chantanusornsiri, Published on 31/03/2026

» The Oil Fuel Fund has sought a guarantee from the Ministry of Finance for 150 billion baht in loans to stabilise domestic fuel prices, amid rising energy pressures.

THAILAND

Express delivery services raise charges

Online Reporters, Published on 31/03/2026

» Three major express delivery services have announced they will increase charges by three baht from Wednesday due to rising fuel costs - KEX, J&T and Flash.

THAILAND

No guarantee on fuel price cap during Songkran

Mongkol Bangprapa, Published on 30/03/2026

» Uncertainty has emerged over whether fuel prices can be capped during next month's Songkran holiday as the Oil Fuel Fund has fallen into a 42-billion-baht deficit.

THAILAND

Anutin apologises for fuel mismanagement

Online Reporters, Published on 28/03/2026

» Prime Minister Anutin Charnvirakul has apologised for fuel mismanagement in Thailand, saying the disruptions caused by the Middle East war have lasted longer than expected.

THAILAND

Fuel support starts April 1

News, Supoj Wancharoen, Published on 28/03/2026

» The government will roll out targeted fuel subsidies for the transport sector from April 1, Transport Minister Phiphat Ratchakitprakarn has confirmed, as operators grapple with mounting costs and looming freight rate increases.