THE Oil Fuel Fund committee decided to again decrease its subsidy for diesel and biodiesel B20 with this leading to the retail price at petrol pumps jumping to 50.54 baht/litre and 45.54 baht/litre respectively tomorrow (April 5), Amarin TV said. The committee reduced its subsidy for B7 diesel by 2.61 baht/litre, from 20.71 baht/litre
Tag: price
Diesel price hiked yet again, bus fares too rise
FOR the second day in a row the Oil Fuel Fund committee resolved to reduce the subsidy for diesel this time by 3.51 baht/litre to 14.27 baht/litre, resulting in an increase in the retail price at petrol pumps by 3.50 baht/litre to 47.74 baht/litre tomorrow, PPTVHD36 said this evening (April 2). In an announcement
Read moreFuel prices rising again tomorrow
ALL oil prices except for Premium Gasohol 95 are rising at 5 a.m. tomorrow (April 2) after the Oil Fuel Fund reduced the subsidy rate, Naewna newspaper said late tonight. This price increase is divided into two main groups as follows: 1/ Benzene and gasohol group: Increased by 1.20 baht/litre This covers Benzene 95,
Read moreFarmers object to midnight oil price hikes
FARMERS pleaded with the authorities to not announce oil price hike in the middle of the night as occurred last night and took effect at 5 a.m. this morning (March 31) with this being the second time a midnight announcement was made, the first being a 6 baht hike that took effect last Thursday
Read more6 baht fuel price hike will not stop smuggling: MP
THE SUDDEN increase of oil prices by 6 baht a litre in the middle of the night will not significantly solve the problem of smuggling fuel to neighbouring countries because the price difference is still very high with a gradual or tiered increase based on world market being a more appropriate measure, People’s MP
Read moreOil prices may rise further but no shortage: PM
PRIME MINISTER Anutin Charnvirakul last night (March 27) warned the public oil prices could rise again after jumping by 6 baht a litre with this determined by market mechanisms while emphasising that Thailand is striving to ensure domestic fuel security and there will not be a shortage, Amarin TV said. Excessive subsidies would deplete
Read moreTour boats at Bang Saray, Sattahip start docking as fuel prices rise
A BIG JUMP in fuel prices has severely impacted tourist boat operators at Bang Saray and Sattahip in Chonburi with unsustainable costs forcing many of them to dock temporarily as they called on the government for assistance, Amarin TV and TNN said today (March 26). Retail prices of diesel and petrol rose by six
Read moreIran ‘sends message to Thailand offering to sell crude oil at special price’
IN A dramatic turn in the current energy crisis, Dr. Lerpong Sayed, president of the Thai-Iranian Alumni Association, said Tehran had sent a message to Prime Minister Anutin Charnvirakul offering to help Thailand by selling crude oil at a special price below global market rate to help alleviate the hardship of the Thai people,
Read moreBoth sides trade strikes and threats as the Iran war approaches the two-week mark
By Reuters and published by The Straits Times DUBAI/BEIRUT– The leaders of Iran, Israel and the United States all voiced defiance and vowed to fight on as the Middle East war approached the two-week mark on Friday (Mar. 13), killing thousands of people, disrupting the lives of millions of others and shaking financial markets.
Read morePublic urged to not hoard fuel with diesel price fixed for 15 days
By Amarin TV and Reuters – published by CNA THAI Caretaker Prime Minister Anutin Charnvirakul today (March 4) urged the public to not stockpile fuel with the price of diesel fixed at 29.94 baht per litre for 15 days, effective immediately, while internationally oil prices rose 1 percent as the US-Israeli war on Iran
Read moreSilver price soaring like gold amid global uncertainty
JUST as gold skyrocketed to giddy heights recently, so has silver amid global political uncertainty mainly sparked by US President Donald Trump’s tariff threats rising 55% in the first month of this year, PPTVHD36 said today (Feb. 1). Ms. Thipa Navawattanaprasert, CEO of YLG Bullion and Futures Co., Ltd., said after opening at US$71.58
Read moreVendors affected as price of fresh chillis soars
VENDORS are feeling the heat as the price of fresh chilli peppers has soared to record high in many parts of the country reaching 250-350 baht a kilogramme, TV Channel 7 and Amarin TV said last evening (Jan. 13). A news team surveyed prices at a market in Khuan Kalong district, Satun province, and
Read moreMichelin-star chef’s restaurant fined in omelet controversy
A RESTAURANT operated by Michelin-star chef Jay Fai was fined 2,000 baht after diners alerted the authorities that they had to pay a whopping 4,000 baht for a crab meat omelet that was listed in the menu at 1,500 baht, Amarin TV said today (Aug. 20). Mr. Ronnarong Poolpipat, secretary-general of the Consumer Protection Board,
Read moreFarmers call for help as price of 1 kg paddy rice is lower than a pack of instant noodles
FARMERS at northeastern Khon Kaen province urged the government to help them as the price of one kilogramme of paddy rice is now only 6 baht, lower than a pack of instant noodles generally sold at 7 baht, Amarin TV said today (May 24). This TV channel’s reporters went to Ban Kota village in
Read moreOil prices surge 3% on reports of Israeli strikes on Iran
By Reuters and published by Yahoo!Finance OIL prices jumped $3 a barrel today (Apr. 19) in reaction to reports that Israeli missiles had struck a site in Iran, sparking concerns that Middle East oil supply could be disrupted. The benchmark contracts surged more than $3 then eased slightly. At 0200 GMT, Brent futures were
Read moreDomestic gold price adjusted 32 times today, likely to reach 42,500 baht
WITH THE domestic gold price fluctuating wildly through 32 adjustments today (Apr. 8) that led to the selling price of 96.5% gold ornaments finally closing at an all time of 41,150 baht a baht weight, up 400 baht from the previous day, an expert expects gold bars to rise to 42,500 baht, Matichon newspaper
Read moreGold zooms with price up 450 baht now exceeding 40,000 baht
Updated report by Thai Newsroom and Reuters – published by Yahoo!News DOMESTIC GOLD price surged to a new record high this morning (Apr. 3) with 96.5% gold ornaments being sold at 40,200 baht a baht weight, up 450 baht from the previous day. In its third announcement at 11.04 a.m. the Gold Traders Association
Read moreGold rises to all-time high with ornament price reaching 39,050 baht
By Matichon and ThaiNewsroom.com THE domestic selling price of one-baht weight 96.5% gold ornaments soared by 600 baht today (Mar. 29) reaching 39,050 baht at noon after edging up 50 baht from morning opening at 39,000 baht with this being an all-time high. At its second announcement at 12.13 p.m. the Gold Traders Association
Read moreYaowaraj gold shops packed with traders as price soars 800 baht
By Amarin TV and Thai Newsroom THERE WAS a big rush to Yaowaraj gold shops today (Mar. 21) after the domestic selling price of 96.5% one-baht weight gold bars soared by 800 baht reaching 37,650 baht while the buying price hit 37,550 baht with this being an all time high, Amarin TV said this
Read moreFarmers told to sell rice to cooperatives for better profit
By Thai Newsroom Reporters AGRICULTURE MINISTER THAMMANAT Prompao today (Nov.7) encouraged farmers to only sell Hom Mali fragrant rice to local agricultural cooperatives in lieu of private millers to get a higher profit. Given a combined 10 billion baht funding from the government, a total of 480 agricultural cooperatives nationwide are offering to buy
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