Energy

The Finance Ministry is considering whether to extend the excise tax cut of 5 baht per litre of diesel, which is due to expire on January 20. The tax cut was originally imposed last year to suppress soaring pump prices during the fuel crisis, which ...

The Federation of Thai SMEs is asking the government to delay an increase in the fuel tariff (Ft) scheduled for September as they struggle to stay afloat amid mounting economic problems.The Ft, which is determined by fuel costs, is expected to rise as the Russia-Ukraine ...

The Cabinet has approved a two-month extension of the reduced excise duty for diesel to help mitigate the impact of the fuel price crisis.Continue watching ...

A new tax law introduced today could provide the spark to realize Thailand’s global electric vehicle hub dream.The Excise Department in Bangkok revealed a law governing the reduction of the EV tax from 8% to 2% will be published tomorrow in the Royal Gazette and ...

Prime Minister Gen Prayut Chan-o-cha has ordered all government agencies to reduce their energy usage by 20 per cent as Thailand struggles with the fuel price crisis.Prayut said the Energy Ministry had proposed several measures to reduce energy usage, government spokesman Thanakorn Wangboonkongchana said on ...

The Oil Fuel Fund Office (Offo) expects to obtain the first portion of loans as part of a total of 20 billion baht from commercial banks next month as its fund, used to subsidise energy prices, is nearly empty.The loans are to repay oil and ...

The government recently approved an array of incentives, including lower excise tax and import duties on significant auto parts, in a bid to make electric vehicles (EVs) more appealing to both car buyers and manufacturers.What are the incentives for EVs?The incentives recently approved by the ...

The Covid-19 outbreak caused fuel consumption in Thailand to decline by 4.4% during the first eight months of 2021 to a daily average of 131 million litres, down from a daily average of 137 million litres during the corresponding period last year, says the Department ...

Thailand’s primary energy consumption rose 2.8 per cent in the first six months of 2021, the Energy Policy and Planning Office (EPPO) reported on Monday.Consumption of natural gas, lignite, hydropower and imported electricity increased as the global economy began to recover. However, oil us fell ...

Thailand saw its fuel consumption decline by 1.7% to an average of 136 million litres per day during the first half of this year, largely attributed to the third wave of Covid-19, says the Department of Energy Business.Average fuel consumption stood at 138 million litres ...