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Thailand’s 2.9-trillion-baht Social Security Fund urgently needs to reform governance and diversify its investments, two of its executives say, after a recent selloff triggered by the Middle East conflict raised a warning about massive loss risks.
The cabinet has instructed the Tourism and Sports Ministry to accelerate efforts to tackle the use of nominees in tourism businesses, including so-called “zero-dollar tours”, as they affect the country’s tourism industry.
The Office of the Cane and Sugar Board (OCSB) expects purchases of sugar cane leaves to more than double this year as Thailand reduces its reliance on liquefied natural gas imports, shipments of which have been disrupted by war in the Middle East.
House Speaker Sophon Zaram expressed confidence that Thursday’s parliamentary vote to select a new prime minister will proceed smoothly, in line with regulations and fairness.
The pump price of diesel, previously capped at 30 baht a litre, will increase by 50 satang on Wednesday, and will continue to rise gradually to 33 baht to reduce the burden of subsidies, authorities said on Tuesday.
A former Thai national team e-sports player and a gamer who conspired to cheat during the SEA Games in Thailand last year were both sentenced to three-months detention by the Pathumwan Kwaeng Court on Tuesday, avoiding a prison term.
The AFC overturned two of Malaysia’s wins, leaving them six points off the top of their Asian Cup qualifying group and out of contention for the tournament.
Thailand is looking to export food and raw materials to Iran and other Middle East countries in exchange for its ships being allowed to safely bring back cargoes of plastic pellets and fertiliser from the conflict region, according to the commerce minister.
While rising fuel cost is inevitable, Thai Airways International (THAI) is on course to gain from airspace closures across several countries in the Middle East amid tensions in the Gulf region, where the flag carrier has no direct exposure, analysts say.
