Showing 1 - 10 of 972
Global tensions hit home
Business, Somruedi Banchongduang, Somhatai Mosika and Lamonphet Apisitniran, Published on 06/04/2026
» With the US-Israel battle against Iran entering its sixth week, the global economy continues to feel the effects stemming from the closure of a key oil shipping route, the Strait of Hormuz.
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 leaders slash Thai growth forecast
Business, Lamonphet Apisitniran, Published on 02/04/2026
» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has lowered its Thai GDP growth forecast to a range of 1.2-1.6%, citing the ongoing energy crisis triggered by war in the Middle East. The previous projection was 1.6-2.0%.
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.
Bangchak, OR resume B20 sales to reduce fuel costs
Business, Yuthana Praiwan, Published on 30/03/2026
» Two SET-listed energy firms, Bangchak Corporation and PTT Oil and Retail Business (OR), have resumed commercial sales of B20 biodiesel after nearly four years as Thai authorities intensify efforts to diversify energy sources and reduce reliance on imported oil.
Push for electric bus upgrade by 2029
Business, Ranjana Wangvipula, Published on 30/03/2026
» Caretaker transport minister Phiphat Ratchakitprakarn is stepping up efforts to switch all diesel-powered interprovincial buses in Bangkok to electric buses during the Anutin Charnvirakul administration to save on oil expenses.
Energy wake-up call
Business, Somhatai Mosika, Suchit Leesa-nguansuk and Komsan Tortermvasana, Published on 30/03/2026
» Business leaders are calling for the government to study long-term energy security strategies to reduce reliance on imported energy and expand access to renewable sources in the wake of the ongoing crisis stemming from war in the Middle East.
Delayed Iran deadline gives investors a breather
Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 28/03/2026
» RECAP: Asian shares pared losses on Friday as another delayed deadline in the Middle East war nudged oil prices lower, though there was still no end in sight to the unfolding energy crunch on the global economy.
Regulator offers 3 power tariff rates
Business, Yuthana Praiwan, Published on 26/03/2026
» Thai energy regulators are preparing to announce an increase in electricity bills for May to August once they gather public input on an appropriate power tariff rate given the impact of the Middle East war on energy costs.
Energy security now a daunting problem
Business, Nareerat Wiriyapong, Published on 23/03/2026
» Amid spikes in global crude oil and gas prices, the government has deployed several measures including price caps to ensure energy security and ease the cost of living.