BANGKOK – Energy Minister Akanat Promphan has ordered a reduction in diesel refining margins aimed at lowering retail fuel prices by approximately 2.14 baht per litre, with the measure expected to take effect on Thursday. The decision marks the first time Thailand has used emergency powers to directly influence refinery pricing in order to ease […]
BANGKOK — The government is encouraging the use of B20 biodiesel as a more cost-effective alternative to conventional diesel, citing a price advantage of five baht per litre and potential cost savings for public transport operators, a government spokesperson said on Tuesday. Thai Government Confirms Sufficient Fuel Supplies During Songkran Holiday Ratchada Dhnadirek, vice minister […]
BANGKOK – Rising fuel and transport costs are threatening to drive up prices of essential goods across Thailand, with consumer staples already showing signs of inflationary pressure as the Commerce Ministry works to stabilise retail prices until at least April. Rising Fuel Costs Force Fishing Fleets Across Thailand to Dock Somchai Pornrattanajaroen, honorary adviser to […]
BANGKOK — Thailand’s Ministry of Transport is set to announce a ministerial regulation on Thursday to prevent public transport providers, including taxis, motorcycle taxis, and on-demand ride-hailing services, from arbitrarily increasing their fares in response to the ongoing conflict in the Middle East, Transport Minister Phiphat Ratchakitprakarn confirmed on Wednesday. Thailand has enough oil for […]
BANGKOK — The government has confirmed there are adequate supplies of oil for local consumption but warned that local prices will still rise in line with global prices, even with the use of subsidies to offset the increase. Thailand’s Current Oil Reserves Will Last 61 Days, Energy Ministry Confirms Speaking after a meeting on the […]
BANGKOK, July 31 (TNA) – Chinese electric vehicle maker BYD has agreed to offer free charging for one year to its existing customers in Thailand as a form of compensation following complaints about recent price reductions, Minister to the Prime Minister’s Office Jiraporn Sinthuprai said on Wednesday. Suzuki to stop making cars in Thailand to […]
The Cabinet endorsed the Ministry of Energy’s proposal today, to maintain the electricity price for September through December at 4.18 baht/unit for households and businesses. Cabinet freezes diesel and cooking gas prices for 3 months, raises electricity price Energy Minister Pirapan Salirathavibhaga said, however, that smaller households, which use fewer than 300 units of power […]
CHONBURI, May 2 (TNA) – The Deputy Director-General of the Department of Internal Trade instructed the Chonburi commerce office to conduct inspection of a made-to-order food shop with the pricing of two fried eggs with rice at 70 baht (about 1.8 USD) per plate. Tourists complain over food prices at local Phuket famous ancient restaurant […]
