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Search Result for “excess profits”

Showing 1 - 10 of 62

THAILAND

‘Crypto coach’ facing charges in B30-million fraud

Online Reporters, Published on 04/04/2026

» Police have arrested a self-styled cryptocurrency coach and her accomplice accused of luring the public into investing in a fraudulent cryptocurrency scheme, with promises of high returns but blocked withdrawals, causing losses of about 30 million baht.

THAILAND

Probe refiners, don’t beg for donations, says Democrats’ Korn

Online Reporters, Published on 04/04/2026

» Democrat Party deputy leader Korn Chatikavanij has urged the government to investigate refinery profits rather than asking operators to donate excess earnings to help ease the economic burden from soaring energy costs.

THAILAND

Anutin apologises for fuel mismanagement

Online Reporters, Published on 28/03/2026

» Prime Minister Anutin Charnvirakul has apologised for fuel mismanagement in Thailand, saying the disruptions caused by the Middle East war have lasted longer than expected.

THAILAND

Democrats’ Korn slams ‘stealth’ diesel hike

Online Reporters, Published on 26/03/2026

» Democrat Party deputy leader Korn Chatikavanij has strongly criticised the government for what he described as a covert increase in diesel prices, warning that continued policy missteps could push prices to as high as 50 baht per litre.

BUSINESS

Thailand prepares to defend USTR on trade probes

Online Reporters, Published on 13/03/2026

» The Commerce Ministry has set up a task force to compile evidence to argue against the United States Trade Representative (USTR), which included Thailand in its new investigations into unfair practices.

BUSINESS

Democrats urge use of high refining margins to bolster oil fund

Online Reporters, Published on 12/03/2026

» The Democrat Party has called on the government to divert windfall refining profits into the Oil Fuel Fund, warning that relying on subsidies of nearly 16 baht a litre to cap diesel prices risks shifting the burden onto the taxpaying public.

THAILAND

EC orders recount at nine more polling stations in five provinces

Online Reporters, Published on 25/02/2026

» The Election Commission (EC) has ordered vote recounts at nine more polling stations in Bangkok and four other provinces.

THAILAND

Daikin locks out 1,300 Thai workers after bonus talks fail

Online Reporters, Published on 05/12/2025

» Daikin Industries (Thailand) Co has locked out about 1,300 workers, effective from Saturday, after talks with its labour union over annual bonuses and other benefits failed. It says the move does not constitute termination of employment.

THAILAND

Bangkok governor blasts contractor after Udomsuk flood chaos

Online Reporters, Published on 28/09/2025

» Bangkok Governor Chadchart Sittipunt inspected flood-hit areas in Phra Khanong and Bang Na districts late Saturday night and into the early hours of Sunday, after heavy rainfall triggered severe flooding — including on Udomsuk Road, a stretch that he said should never have flooded at all.

SPORTS

Dejphon Chansiri and Sheffield Wednesday’s broken dream

Online Reporters, Published on 06/08/2025

» Dejphon Chansiri has come under increasing scrutiny due to the recent decline of Sheffield Wednesday. Whether it’s been stadium safety issues, questionable management decisions or financial problems, these issues have prompted the Thai businessman to announce his intention to sell the English football team for £100 million.