Thailand agrees to buy more electricity from Laos
Thailand has agreed in principle to buy more electricity from Laos after the two Southeast Asian neighbors signed an agreement that expands energy cooperation between the two Mekong River neighbors.
Thailand keeps diesel price cap despite crude oil surge
Thailand said Wednesday it is keeping the retail diesel price cap at 30 baht ($0.90) per liter despite a sharp rise in global crude oil prices caused by sanctions on Russia for its invasion of Ukraine, as the government scrambles to blunt the impact of higher costs of living on consumers.
Honda and Sony partnering to make electric vehicles in boost for Thai EV plans
Honda and Sony have announced a joint venture to develop, manufacture and sell EVs. The new brand plans to be up and running this year, with its first EVs ready for delivery in 2025
SCG eager to embrace environmental approach
Green manufacturing is driving more business for SET-listed Siam Cement Group (SCG), Thailand’s largest cement maker and industrial conglomerate, as it is eager to use more clean energy, develop environmentally friendly products and utilise electric vehicles (EVs).
Thais urged to use public transport to cut down on expenses as fuel price not dropping
Deputy Finance Minister Santi Promphat said the rising cost of fuel is still a short-term problem, and it is too early for the ministry to consider cutting the excise tax for benzyl fuel.
Thailand has ‘enough fuel reserves’
The national oil and gas conglomerate PTT Plc is confident that Thailand has enough fuel to weather the Ukraine-Russia crisis.
Banpu adds to green energy portfolio
Non-oil energy conglomerate Banpu Plc paid US$14.5 million for a stake in Solar Esco Joint Stock Co, a Vietnam-based rooftop solar panel provider, as it continues to expand its renewable energy business.
Fuel tariff freeze demanded as oil prices imperil economy
Executives at the Federation of Thai Industries (FTI) want the government to freeze the fuel tariff (Ft) on power bills and maintain retail gas prices to ease the impact of soaring global oil prices on economic activities and the cost of living.
