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Search Result for “high excise tax”

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BUSINESS

State mulls reducing diesel excise tax

Business, Yuthana Praiwan, Published on 15/01/2022

» The government's struggle in dealing with the higher cost of living may cause authorities to consider reducing the excise tax on diesel to keep its price below 30 baht a litre, says an Energy Ministry official.

BUSINESS

Analysts back cut in oil excise tax

Business, Yuthana Praiwan, Published on 05/02/2022

» Energy policymakers need to implement various measures, including a cut in the oil excise tax, to make fuel prices bearable for businesses and households, according to energy analysts.

BUSINESS

Diesel subsidy possible if excise tax cut ends

Yuthana Praiwan, Published on 18/04/2024

» The Oil Fuel Fund Office (Offo) says it will continue to subsidise retail diesel prices if the government decides to end the diesel excise tax cut.

BUSINESS

Diesel price to fall below B30 on Wednesday

Yuthana Praiwan, Published on 19/09/2023

» The domestic diesel price will be reduced by two baht a litre to 29.94 baht on Wednesday morning, the oil retailers PTT and Bangchak announced on Tuesday night.

BUSINESS

Effort to reduce energy subsidies wins backing

Business, Yuthana Praiwan, Published on 10/08/2024

» Tax authorities and energy advocates support the Oil Fuel Fund Office's (Offo) initiative to better manage the loss-ridden Oil Fuel Fund, with its universal diesel and liquefied petroleum gas (LPG) price subsidy programmes likely to end, according to a public hearing on the 2019 Offo Act.

BUSINESS

Retail LPG to remain at same price

Business, Yuthana Praiwan, Published on 31/08/2023

» The retail price of liquefied petroleum gas (LPG) is expected to be maintained at 25.87 baht per kilogramme, or 432 baht per standard 15-kg cylinder, for another month, according to the Oil Fuel Fund Office (Offo).

BUSINESS

Cabinet meeting to consider energy subsidies

Yuthana Praiwan, Published on 12/09/2022

» The cabinet is expected to approve measures to curb the rising price of energy at its weekly meeting on Tuesday, according to Energy Minister Supattanapong Punmeechaow.

THAILAND

Thai fuel prices unchanged despite tax hike

Yuthana Praiwan, Published on 07/05/2025

» Retail prices of fuel remain unchanged in Thailand despite a decision to increase the fuel excise tax by 15%, according to Energy Minister Pirapan Salirathavibhaga.

BUSINESS

Fighting Thailand's energy price wars

Business, Yuthana Praiwan, Published on 01/08/2022

» State energy subsidies have assumed a prominent role in the Thai economy since the start of the Russia-Ukraine war in February.

BUSINESS

Diesel price rising by another 50 satang

Yuthana Praiwan, Published on 19/04/2024

» Diesel prices will rise by 50 satang a litre on Saturday after an excise tax cut for the fuel expires, energy policy makers said on Friday.