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Updated: Thai cabinet approves carbon tax to tackle emissions
Regulation

Updated: Thai cabinet approves carbon tax to tackle emissions

Thailand’s cabinet approves a carbon tax rate of 200 baht ($5.88) per ton of carbon emissions. Deputy Finance Minister Paopoom Rojanasakul stated in an official announcement that the carbon tax will be integrated into the existing petroleum tax structure.

January 22, 2025

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Updated: Thai cabinet approves carbon tax to tackle emissions
Regulation

Updated: Thai cabinet approves carbon tax to tackle emissions

Thailand’s cabinet approves a carbon tax rate of 200 baht ($5.88) per ton of carbon emissions. Deputy Finance Minister Paopoom Rojanasakul stated in an official announcement that the carbon tax will be integrated into the existing petroleum tax structure.

January 22, 2025
Thailand’s PM backs electricity rate cuts as elections near
Regulation

Thailand’s PM backs electricity rate cuts as elections near

The de facto leader of the ruling Pheu Thai Party, former Prime Minister Thaksin Shinawatra, recently raised the topic of lowering electricity rates, sparking widespread discussion. Most of the proposals are related to renewable energy.

January 20, 2025
Thailand cuts electricity prices to alleviate public burden
Regulation

Thailand cuts electricity prices to alleviate public burden

As the new year begins, Thailand's newly adopted electricity prices remain high, averaging 4.15 Thai Baht per kilowatt-hour (about USD 0.12). Although this marks a slight reduction compared to 2024, the price remains above 4 Baht.

January 02, 2025
Thailand's healthcare sector takes steps towards sustainability
Market

Thailand's healthcare sector takes steps towards sustainability

The healthcare industry is a high energy-consuming sector, contributing 4.4% of global greenhouse gas emissions. In Thailand, many hospitals have adopted electricity usage management systems and energy-saving measures to reduce carbon emissions.

January 02, 2025
Thailand exempts land tax to boost blue carbon in mangrove forests
Regulation

Thailand exempts land tax to boost blue carbon in mangrove forests

Recently, Thailand amended tax laws to encourage mangrove restoration, with plans to exempt land taxes on green area, such as mangrove forests, starting in 2025.

December 23, 2024
Why is Foxconn-PTT's EV project struggling in Thailand?
Market

Why is Foxconn-PTT's EV project struggling in Thailand?

Japan's two major automakers, Honda and Nissan, confirmed they are considering a merger. Soon after, reports emerged that Foxconn is interested in acquiring Nissan, aiming to bolster its brand in the electric vehicle sector.

December 20, 2024
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