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Search Result for “Indonesia economy”

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WORLD

Cambodia to investigate gas station closures, ensures supplies 

Reuters, Published on 12/03/2026

» Close ⁠to ⁠a third of ​Cambodia's fuel depots and petrol stations have closed ​temporarily due to shortages ‌but supplies would be made available, its Commerce Minister said on Thursday.

WORLD

Russia jails 15 for life over 2024 concert hall attack

AFP, Published on 12/03/2026

» MOSCOW - A Russian court on Thursday sentenced 15 men — including four gunmen — to life in prison over the Crocus concert hall attack which left 150 people dead, the deadliest onslaught in Russia in more than two decades.

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.

WORLD

Fear, boredom for Filipino sailors stuck in Hormuz strait

AFP, Published on 12/03/2026

» MANILA - Filipino sailor George Miranda was racing to help a stricken vessel aboard the tugboat Mussafah 2 when he last spoke to his wife and young daughter.

WORLD

Iran targets fuel facilities, sending oil soaring again

AFP, Published on 12/03/2026

» TEHRAN - Iran launched a new wave of attacks against Gulf energy targets on Thursday, hours after two oil tankers were hit, sending crude prices soaring again despite record reserve releases.

THAILAND

Suphachai Unites Leading Thai Business Leaders on New GCNT Board

Published on 12/03/2026

» The Global Compact Network Thailand (GCNT) has announced the appointment of its new Board of Directors, with Suphachai Chearavanont unanimously re-elected as Chairperson for another term by the Board of Directors. The Board brings together senior executives from Thailand’s leading private sector organisations across key industries, reinforcing the role of the private sector in advancing Thailand’s Sustainable Development Goals (SDGs) amid increasingly complex global risks.

WORLD

Thailand among countries facing US trade probe

Published on 12/03/2026

» WASHINGTON - The United States announced new investigations Wednesday into what it considers unfair trade practices by dozens of countries, including Thailand, opening the door to penalties such as further tariffs as President Donald Trump seeks to replace duties struck down earlier by the Supreme Court.

PROPERTY

Homebuyers advised to decide quickly

Business, Somruedi Banchongduang, Published on 12/03/2026

» Banks are urging prospective homebuyers to make purchasing decisions within the first half of the year before costs rise further, amid concerns that inflation could increase under wartime conditions.

BUSINESS

Budget disbursement to be expedited

Business, Wichit Chantanusornsiri, Published on 12/03/2026

» Caretaker finance minister Ekniti Nitithanprapas has instructed government agencies and state enterprises to accelerate budget disbursement to help support the economy during this difficult period.

OPINION

Phuket stands at a tourism crossroads

Oped, Published on 12/03/2026

» Phuket has long stood as one of Asia's most celebrated destinations. Framed by the Andaman Sea, its turquoise waters, rich cultural fabric and globally recognised hospitality have attracted millions of visitors for decades. Tourism accounts for approximately 95% of the province's economy, generating more than 500 billion baht annually from over 14 million Thai and international travellers. With around 1,500 registered hotels and more than 100,000 rooms, the island is undeniably a cornerstone of Thailand's tourism industry.