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Why the Oil Fuel Fund is overburdened
Business, Janine Phakdeetham, Published on 29/06/2022
» The Energy Ministry an-nounced that the mounting debt of the state Oil Fuel Fund exceeded 100 billion baht as of yesterday. While a recent nudge from Kla Party leader Korn Chatikavanij, a former finance minister, shed more light on pressing issues surrounding energy and resulting in the government requesting cooperation from oil refineries to channel their profits into the fund, no subsidies for the prices of fuel requested from six Thai refiners have been finalised yet.
Explainer: What does Chadchart Sittipunt want?
Business, Janine Phakdeetham, Published on 25/05/2022
» Following the first election in nine years, Bangkok welcomes 56-year-old Chadchart Sittipunt as its newest governor with a record-breaking landslide victory of 1.4 million votes.