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Search Result for “high excise tax”

Showing 1 - 10 of 1,071

BUSINESS

Call for state to cut benzine excise tax

Business, Lamonphet Apisitniran, Published on 26/02/2022

» The government should offer another temporary excise tax cut of three baht on benzine to ease the financial burden from soaring global oil prices caused by the Russia-Ukraine clash, says a Thammasat University economist.

BUSINESS

EV battery excise tax to be reduced to 1%

News, Lamonphet Apisitniran, Published on 03/02/2023

» A national committee on electronic vehicle policy, also known as the EV board, on Thursday agreed in principle on a proposal to lower the excise tax on EV batteries from the current 8% to just 1% while offering a 24-billion-baht subsidy to the EV battery-producing industry.

BUSINESS

Further diesel excise cut sought

Business, Lamonphet Apisitniran, Published on 15/03/2022

» The Land Transport Federation of Thailand (LTFT) has called on the government to further cut diesel excise tax and abandon sales of diesel, blended with expensive palm oil-derived methyl ester, for six months to better control domestic diesel prices during the global oil price surge.

BUSINESS

Ferrari offers luxury hybrid car locally

Lamonphet Apisitniran, Published on 19/11/2025

» Italian automaker Ferrari has launched its first plug-in hybrid electric vehicle (PHEV) in Southeast Asia, choosing the Thai market for its debut, just as the government prepares to impose a higher rate of excise tax on cars, including luxury supercars, from 2026.

BUSINESS

FTI calls for rejig of oil price structure as fuel costs soar

Business, Lamonphet Apisitniran, Published on 10/03/2022

» The Federation of Thai Industries (FTI) has called on the government to redesign the domestic oil price structure to better deal with the impact of soaring global oil prices.

BUSINESS

FTI sounds alarm on auto industry

Business, Lamonphet Apisitniran, Published on 01/06/2020

» The Federation of Thai Industries (FTI) has issued a dire warning to the government, saying the state must provide substantial assistance to the automotive sector and related supply chains or the sector risks collapse.

BUSINESS

Car production to see 3.17% increase

Business, Lamonphet Apisitniran, Published on 30/01/2024

» Thailand's car production is estimated to increase by 3.17% to 1.9 million units this year amid economic challenges, says the Federation of Thai Industries (FTI).

BUSINESS

Hyundai unit may adjust output post-2026

Business, Lamonphet Apisitniran, Published on 27/09/2024

» Hyundai Mobility Thailand, a subsidiary of South Korea's Hyundai Motor Group, plans to produce 5,000 battery electric vehicles (BEVs) a year at its plant in Samut Prakan in 2026, but may need to adjust future volume as domestic car sales sag.

BUSINESS

Nissan plans to focus Thai production on hybrid cars

Business, Lamonphet Apisitniran, Published on 06/08/2024

» Japanese automaker Nissan Motor Thailand will focus more on manufacturing hybrid electric vehicles (HEV) in Thailand, following the Board of Investment's (BoI) launch of an investment incentive package to promote HEV manufacturing.

BUSINESS

Diesel tax cut eases logistics, transport

Business, Lamonphet Apisitniran, Published on 18/05/2022

» The five-baht reduction of the diesel excise tax will relieve pressure on logistics and transport costs after diesel prices exceeded 30 baht a litre starting earlier this month, says the Land Transport Federation of Thailand (LTFT).