MYSTERIOUS: 2 | Mind Blowing Facts

Govt mulls ways to keep State Oil Fund from sinking

The Energy Ministry is considering ways to boost the State Oil Fund, which is more than 100 billion baht in debt, a well-placed source revealed on Tuesday.

Bangkok Post · Jul 5, 2022

Crisis to crisis: What Asia learned from the financial chaos of 1997

Twenty-five years ago this month marked the beginning of economic, political and financial market turmoil that would become known as the Asian Financial Crisis. Currencies and stock markets tumbled. Governments were overthrown. Poverty rates soared.

Bangkok Post · Jul 2, 2022

Why the Oil Fuel Fund is overburdened

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…

Bangkok Post · Jun 28, 2022

Govt eyes slice of refineries' pie

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.

Bangkok Post · Jun 13, 2022

Inter-provincial bus firms 'forced' to axe routes

Operators of inter-provincial buses will reduce or halt services along certain routes due to the increase in the price of diesel fuel, said Pichet Jiamburaset, president of the Thai Bus Business Association.

Bangkok Post · Jun 12, 2022

BOI joins BCCT Luncheon & Fireside Chat

Thailand Board of Investment (BOI) Secretary-General Ms. Duangjai Asawachintachit, joined the latest BCCT Luncheon & Fireside Chat on the topic of “Resilient Thailand: From Resiliency to Recovery and Beyond” organized by the British Chamber of Commerce Thailand (BCCT) at The St. Regis Bangkok on 30 March 2022. Opening remarks were…

Bangkok Post · Apr 8, 2022