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Search Result for “high excise tax”

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BUSINESS

State steps in as oil rockets to $100

Yuthana Praiwan, Published on 09/03/2026

» Thai energy authorities are preparing to secure loans from commercial banks to shore up the Oil Fuel Fund, which is rapidly running dry as global crude prices surge past US$100 per barrel amid the escalating US-Iran conflict.

BUSINESS

Authorities tout biofuel as global oil prices soar

Yuthana Praiwan, Published on 05/03/2026

» Energy authorities are stepping up efforts to expand biofuel usage to reduce reliance on oil imports and safeguard against potential fuel shortages.

BUSINESS

Banpu consolidation drives clean energy transition

Business, Yuthana Praiwan, Published on 05/03/2026

» The merger of Banpu Power and its parent firm, Banpu Plc, an energy conglomerate, is expected to be completed by the first half of 2026, resulting in a new company that oversees four core businesses.