Showing 1 - 10 of 2,508
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.
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.
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.
Mideast uncertainty keeps pressure on equities
Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 04/04/2026
» RECAP: Asian shares remained under pressure yesterday amid dimming hopes for a swift end to the Middle East conflict, though reports that Oman and Iran were drafting terms for reopening the Strait of Hormuz offered some respite. Volumes were thin with some markets closed for the Good Friday holiday.
Scoot bookings strong despite Gulf strife
Business, Narumon Kasemsuk, Published on 02/04/2026
» Scoot, the low-cost subsidiary of Singapore Airlines, continues to register strong air travel demand from regions unaffected by the Gulf war across seven destinations in Thailand and plans to expand into secondary regional cities, supported by the delivery of nine Embraer E190‑E2 aircraft.
Centara, OR prep rollout of budget hotels
Business, Published on 02/04/2026
» Centara Hotels & Resorts plans to launch new budget hotels in partnership with PTT Oil and Retail Business Plc (OR) as early as next year.
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 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.
Ekniti says fiscal position able to weather crisis
Business, Wichit Chantanusornsiri, Published on 02/04/2026
» The government's fiscal position remains strong and is sufficient to withstand shocks from an economic crisis, according to Finance Minister Ekniti Nitithanprapas.