Showing 91 - 100 of 509
Argentine economy minister who renegotiated IMF debt resigns
AFP, Published on 03/07/2022
» BUENOS AIRES: Argentine economy minister Martin Guzman, who led debt renegotiations with the International Monetary Fund, announced his resignation Saturday, sparking fresh uncertainty in Latin America's third largest economy.
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.
Refiners deny profit tally
Business, Yuthana Praiwan, Published on 21/06/2022
» The Petroleum Refining Industry Club, a unit of the Federation of Thai Industries, has insisted the current gross refinery margin (GRM) is reasonable, rebutting an accusation that oil companies are overcharging customers for refined oil.
Oil refiners deny Korn's claim of profiteering during hardship
Online Reporters, Published on 20/06/2022
» Oil refinery bosses on Monday broke a long silence to deny Kla Party leader Korn Chatikavajin's accusation they are reaping fat benefits though the gross refinery margin while consumers suffer from high pump prices.
Explainer: Moving to curb pump prices
News, Aekarach Sattaburuth, Published on 18/06/2022
» Lowering the gross refining margin is a top priority for the government.
Govt eyes slice of refineries' pie
News, Chatrudee Theparat, Published on 14/06/2022
» The government will consider using profits from oil refinery margins to help support the Oil Fuel Fund as it continues to subsidise fuel prices despite having slipped 85 billion baht into the red.
Pink spur line 'will benefit commuters'
News, Post Reporters, Published on 31/05/2022
» The Mass Rapid Transit Authority (MRTA) is rejecting claims that the plan to construct a spur line on the Pink Line electric train network is meant to benefit the private sector.
Xi Pushing to Beat the U.S. in GDP Growth Despite Covid Lockdowns
Business, Published on 28/04/2022
» Chinese President Xi Jinping has told officials to ensure that the country's economic growth outpaces the U.S.'s this year, according to people familiar with the discussions, even as its economy sags under its worst Covid-19 outbreak since the pandemic began.
China must rethink Zero Covid
Asia focus, Nareerat Wiriyapong, Published on 25/04/2022
» It finally feels like the world, collectively, is moving in one direction. Toward reopening. Toward the new normal. Hong Kong, after some of the world's strictest quarantine rules kept Covid-19 at bay for almost two years, last Thursday reopened gyms, beauty parlours, theme parks and cinemas for the first time in more than four months.
Xi defends China’s Covid response amid mounting economic woes
Bloomberg News, Published on 21/04/2022
» President Xi Jinping defended China’s lockdown-dependent approach to fighting the pandemic, even as he sought to reassure the world that the country was still committed to opening its economy.