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Search Result for “business changes”

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THAILAND

PM orders DSI to probe suspected oil hoarding

Online Reporters, Published on 03/04/2026

» Prime Minister Anutin Charnvirakul on Friday revealed evidence of widespread oil hoarding and market manipulation, pledging swift legal action and ordering a special investigation to expand the probe to those involved.

BUSINESS

MPC member vacates seat amid reports to join finance minister

Online Reporters, Published on 03/04/2026

» A member of the Bank of Thailand’s Monetary Policy Committee (MPC), Santitarn Sathirathai, has left the seven-member panel amid reports he is set to join a team led by Finance Minister Ekniti Nitithanpraphas.

THAILAND

DSI finds suspected fuel stockpiling after inspection in South

Online Reporters, Published on 02/04/2026

» The Department of Special Investigation (DSI) has uncovered irregularities following inspections of six major oil depots in the southern province of Surat Thani, with some operators suspected of stockpiling millions of litres of fuel during March.

THAILAND

Three-phase fuel crisis contingency plan announced

Online Reporters, Published on 31/03/2026

» The government has announced a three-phase contingency plan to cope with a potential full-scale energy crisis, including fuel rationing and limited operating hours for petrol stations and shopping malls, should the war in the Middle East lead to the closure of two crucial maritime chokepoints.

THAILAND

85,000 litres of smuggled diesel seized from vessel in Sattahip

Online Reporters, Published on 28/03/2026

» Authorities have seized 85,000 litres of diesel from a vessel in Sattahip district of Chon Buri province after the fuel’s origin could not be verified.

THAILAND

Oil checks in seven provinces find ‘no irregularities’

Online Reporters, Published on 27/03/2026

» Inspections of oil depots and petrol stations in seven provinces have found no irregularities in fuel supply or distribution, the National Economic and Social Development Council (NESDC) said on Friday.

THAILAND

Pheu Thai cabinet hopeful Sudawan fails screening check

Online Reporters, Published on 27/03/2026

» Pheu Thai Party deputy leader Sudawan Wangsuphakitkosol, tipped to take one of the party’s eight cabinet seats in the Bhumjaithai-led coalition government, has failed to meet required qualifications.

THAILAND

Consumer product prices capped but fuel costs will rise

Online Reporters, Published on 24/03/2026

» The government is capping prices of essential consumer products while confirming that there is enough fuel for vehicles and electricity generation, but their prices will have to rise due to increasing costs in global markets.

THAILAND

Pheu Thai cabinet hopeful ‘stressed’ over land case

Online Reporters, Published on 21/03/2026

» Pheu Thai Party deputy leader Sudawan Wangsuphakitkosol has admitted feeling “a bit stressed” after learning that the Department of Special Investigation (DSI) had summoned her to acknowledge charges related to alleged land encroachment in Ubon Ratchathani.

THAILAND

Stricter checks for 5-million-baht withdrawals from April 1

Online Reporters, Published on 19/03/2026

» Financial institutions in Thailand will designate any cash withdrawal of 5 million baht or more in a single day as a high‑risk transaction from April 1, 2026, with customers required to provide clear explanations and supporting documents on the source and purpose of the funds.