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THAILAND LIVE Thailand Live Tuesday 5 August 2025
Govt Orders Payout for Rocket-Hit Petrol Station Picture courtesy of Khaosod Thailand’s insurance regulator has ruled that insurers must compensate the owner of a petrol station damaged in a recent rocket strike by Cambodian forces, dismissing attempts by the companies involved to classify the incident as an act of war. Full story:https://aseannow.com/topic/1368814-govt-orders-payout-for-rocket-hit-petrol-station/ -
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U.K. EV values fall off a cliff
I love reading all the salient points about the perils and evils of ev coming from people who don’t own or drive ev… it’s like they know something that ev owners don’t… 🤣🤦🏼♂️🤦🏼♂️ -
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Thai - Cambodia Conflict Govt Orders Payout for Rocket-Hit Petrol Station
Picture courtesy of Khaosod Thailand’s insurance regulator has ruled that insurers must compensate the owner of a petrol station damaged in a recent rocket strike by Cambodian forces, dismissing attempts by the companies involved to classify the incident as an act of war. The Office of Insurance Commission (OIC) announced on 4 August, that the insurers are required to pay compensation to Kamolrat Phonsrettalerd, whose PTT petrol station in Sisaket province suffered extensive damage in the 24 July cross-border attack, which left eight people dead. Kamolrat had appealed to the government for support after her insurance claims were initially rejected. The insurers argued that the damage fell under exclusions for war or invasion. The rocket fire caused damage exceeding 21 million baht, forcing the closure of both the petrol station and an adjacent convenience store. “This incident is not classified as a war risk, but rather an armed clash between military forces,” said Kananusorn Thiangtrakul, Deputy Secretary-General of the OIC’s Consumer Protection division. “Skirmishes along the border that are localised and brief in nature do not meet the definition of war or invasion under policy terms.” The Ministry of Energy, despite having no direct authority over insurance matters, played a key role in coordinating a resolution. Col Fueangvitch Aniruthdeva, assistant to Deputy Prime Minister and Energy Minister Pirapan Salirathavibhaga, accepted a petition from Kamolrat and confirmed the ministry’s involvement in expediting support. An investigation revealed that Kamolrat’s property was insured under two policies, including an Industrial All Risk (IAR) policy that covers structural damage to all buildings on the premises. The OIC has fast-tracked the usual 45-day claim process, starting from the date of the incident. The OIC also confirmed it is working to facilitate compensation for other victims of the attack, including those with personal insurance coverage. For individuals without policies, insurers have been asked to consider offering voluntary compensation. One child victim has been found to be covered by a school accident insurance plan. “The OIC has reached an agreement with the insurers involved,” said Kananusorn. “They now accept that this was a brief military skirmish, not a war and that the terms of the insurance policies require payment.” Kamolrat stressed that her petrol station remains under a bank loan repayment plan, making the insurance compensation vital to her recovery and the continuation of her business. Adapted by Asean Now from Khoasod 2025-08-05 -
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EU EU civil war erupts as Italy's Giorgia Meloni explodes!
It's also been answered many times Ray. Your memory issues do not warrant everyone repeating themselves.
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