BANGKOK – Fishing fleets across Thailand are grinding to a halt as surging fuel prices and persistent shortages push operating costs beyond sustainable levels, threatening the livelihoods of thousands of fishermen and the stability of coastal economies. Thailand’s Fishing Industry Grinds to Halt as Diesel Shortages Bite Phubet Jantanimi, honorary adviser to the Purse Seine […]
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 – Fuel shortages, particularly diesel, have intensified across several provinces, with long queues forming at petrol stations, supplies running out within hours, and motorists left waiting without certainty of refuelling as distribution struggles to keep pace with surging demand. Rising Fuel Costs in Thailand Threaten to Push Grocery Prices Higher The shortfall deepened in […]
BANGKOK — Thailand’s fuel shortage crisis is beginning to ease following a series of government interventions aimed at stabilizing supply and distribution, the Department of Energy Business (DOEB) has confirmed. Diesel Shortages Intensify Across Thailand, Pumps Run Dry Deputy director-general Chatchai Khunlohit said the DOEB, together with the Department of Special Investigation and local authorities, […]
BNGKOK – A Thai oil tanker has successfully transited the Strait of Hormuz following intensive diplomatic negotiations with Iran and Oman, Foreign Affairs Minister Sihasak Phuangketkeow confirmed on Tuesday, marking a significant breakthrough amid heightened tensions in the strategic waterway. Thai Oil Crisis Eases After Government Intervention The SET-listed energy firm Bangchak Corporation Plc subsequently […]
BANGKOK – The Federation of Land Transport of Thailand has announced plans to roll out phased increases in haulage charges of up to 30 percent, beginning April 1, as operators struggle to absorb soaring operating costs driven by a 6 baht-per-litre jump in diesel prices. Thai Fuel Prices Jump by Six Baht per Litre as […]
BANGKOK – The government will introduce targeted fuel subsidies for the transport sector starting April 1, Transport Minister Phiphat Ratchakitprakarn has confirmed, as operators grapple with mounting costs and prepare to implement freight rate increases. Thai Trucking Industry to Increase Freight Rates by 10% Starting April 1 Mr Phiphat, who also serves as deputy prime […]
BANGKOK — The government has confirmed there are sufficient fuel supplies to meet demand during the upcoming Songkran holiday, as authorities intensify nationwide distribution and monitoring efforts to ease public concerns over possible shortages during one of Thailand’s busiest travel periods, the Bangkok Post reported. Thai Government to Roll Out Fuel Relief Measures from April […]
BANGKOK — Diesel prices will rise another 3.50 baht per litre to 44.24 baht at service stations across Thailand on Thursday morning, marking a 48 percent increase from just one month ago as the government continues to scale back fuel subsidies. Thai Government to Promote B20 Biodiesel as Cheaper Alternative PTT and Bangchak subsequently announced […]
BANGKOK — Human remains have been discovered during a second search of the Thai commercial vessel Mayuree Naree, which was struck by Iranian projectiles on March 11, the Thai Foreign Ministry announced. Thai Cargo Ship Attacked Near Strait of Hormuz, Three Crew Missing The ministry cited information from the ship’s owner, Precious Shipping PLC, which […]