Economy News
Thailand economy news, business updates, financial markets, and government policies—stay informed on economic developments shaping the nation. Get the latest from The Thaiger, your trusted source for Thailand economic news.
-
Bangchak oil tanker reaches Thailand after Hormuz passage
Bangchak said its oil tanker MT.POLA arrived safely in Thailand at Si Racha district, Chon Buri, today, April 8, after passing through the Strait of Hormuz and delivering crude oil to the company’s refinery. The voyage followed diplomatic coordination involving Thailand, Iran and Oman, which reportedly allowed Thai cargo vessels to use the route on March 23 to 24. The…
-
Thailand plans overnight petrol station restrictions after April 20
Thailand could begin restricting fuel station operating hours after April 20, with petrol stations potentially closing from 10pm to 5am as the government considers energy-saving measures amid conflict in the Middle East. Prime Minister Anutin Charnvirakul said yesterday, on April 7, that the government is working on oil-saving measures to ensure the country has enough fuel for domestic use. He…
-
Long queues form at Pattaya stations as fuel price hike takes effect
Retail fuel prices in Thailand are set to rise by 6 baht per litre from today, March 26, after the State Oil Fund Administration Committee approved a cut to subsidy rates for both diesel and petrol, according to reports yesterday, March 25. The change affects all fuel types and follows rising global oil prices linked to tensions in the Middle…
-
March 26 Thailand fuel prices updated across five major brands
Thailand fuel prices were updated for today, March 26, in a daily report from the Energy Policy and Planning Office (EPPO) under the Ministry of Energy, covering five major service station brands including PTT, Bangchak, PT, Caltex and Shell. At PTT stations, gasohol 95 was priced at 41.05 baht per litre, gasohol E20 at 36.05 baht, gasohol E85 at 32.79…
-
UAE property market slows sharply as deals fall 51% month on month
Property transactions in the UAE have slowed sharply since the latest conflict in the Middle East began, according to investment bank Goldman Sachs, which said rising regional uncertainty is starting to weigh directly on homebuyer demand. The war is now entering its third week and has increased volatility across financial and energy assets in the region. Goldman Sachs analysts, led…
-
Transport Ministry denies Khlong Saen Saep boat fare hike rumours
The Transport Ministry has denied reports that passenger boat fares on Bangkok’s Khlong Saen Saep canal will rise by 1 baht per segment this week, saying the operator has confirmed there has been no change to the current rates. The clarification followed claims that Khlong Saen Saep boat fares would increase from 11 to 21 baht to 12 to 22 baht,…
-
1,000 trucks assemble in Chon Buri in fuel shortage protest
More than 1,000 trucks assembled in Chon Buri this morning, March 18, as the Land Transport Federation of Thailand pushed for government action over the ongoing fuel shortage. Its president is urging changes to fuel supply management, stating that certain energy capital groups are thriving at a time when the general public is struggling the most. At 9.20am, Land Transport…
-
Energy chief apologises for petrol station delays, says fuel sufficient
Thailand’s fuel supply remains sufficient despite recent disruption at petrol stations, the director-general of the Department of Energy Business said today, March 17, after apologising for queues and delivery problems seen in recent days. Speaking at Government House, Sarawut Kaewtathip began with a public apology for what he described as confusion and obstacles faced outside fuel stations. Sarawut said Thailand…
-
Thailand oil reserves revised to 95 days after new supply confirmed
Thailand is preparing to tighten fuel exports and bolster domestic stockpiles, with Energy Minister Attapol Ruekpibul saying yesterday, March 5, that Thailand’s oil reserves and confirmed incoming supply should be enough for about 95 days. Speaking at Government House, Attapol said the earlier estimate of 60 days’ oil reserves had been revised to reflect the real figures. Thailand currently holds…
-
Phuket drivers rush to fill tanks as fears of a fuel price rise spread
Phuket motorists rushed to refuel yesterday evening, March 3, with long queues forming at a Bangchak petrol station in Kathu as concerns grew that fuel costs could rise amid uncertainty in the Middle East. Vans and taxis running main routes such as Kathu to Patong were among those filling up, along with riders and other residents. The queue reportedly stretched beyond…
-
Pheu Thai eyes gaming industry reform to boost digital economy
Pheu Thai’s prime ministerial and MP candidate Yodchanan Wongsawat met with gaming industry leaders in Bangkok yesterday, January 12, to explore ways to elevate the country’s position in the global digital economy. Executives from the Thai Game Software Industry Association (TGA), along with developers, publishers and platform operators, joined the meeting. The discussion aimed to address challenges and potential in…
Don't forget to check out some other things to do in Thailand - get help starting a business or finding a job in Thailand, buy Thailand property, rent a yacht or book a medical procedure worldwide.