Showing 1 - 10 of 9,295
Crunch time for eateries
Business, Kuakul Mornkum, Published on 26/06/2025
» The Thai restaurant industry is battling significant headwinds this year, with some operators suggesting the forecast is even tougher than during the pandemic.
Trade and Middle East Conflicts Drive Oil Prices
Published on 25/06/2025
» From 1 April to 18 June 2025, ICE Brent crude oil prices declined by USD 5.68 per barrel compared to the previous quarter, averaging USD 69.28 per barrel. The drop followed an announcement by eight OPEC+ countries—Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman—to increase crude oil production from April to July 2025. The additional output, which totalled 1.37 million barrels per day, reversed earlier voluntary cuts. Saudi Arabia is now pushing for a full reinstatement of its 2.2 million barrels per day in voluntary cuts by September 2025 to regain global market share.
Trump baffles with sudden U-turn on China buying Iranian oil
Bloomberg News, Published on 25/06/2025
» WASHINGTON - United States President Donald Trump on Tuesday appeared to undermine years of US sanctions on Iran, giving its biggest customer China the green light to carry on buying its oil as he seeks to bolster a ceasefire with Israel.
Asian stocks climb with focus on Mideast truce
Bloomberg News, Published on 25/06/2025
» TOKYO - Stocks in Asia edged higher as the Israel-Iran truce appeared to hold and Treasury traders ramped up bets for US interest rate cuts.
Central Retail Corporation announces plan to invest B45-47bn over next 3 years
Business, Kuakul Mornkum, Published on 25/06/2025
» SET-listed Central Retail Corporation (CRC) has announced a plan to invest 45-47 billion baht over the next three years.
Office fears strait's closure could disrupt shipments
Business, Phusadee Arunmas, Published on 25/06/2025
» The possible closure of the Strait of Hormuz could increase transport costs and freight rates for Thailand, while also affecting inflation and exports to the Middle East, says the Trade Policy and Strategy Office (TPSO).
Thai interest rates likely unchanged
Business, Somruedi Banchongduang, Published on 25/06/2025
» Economists expect the Bank of Thailand to maintain its policy rate at Wednesday's meeting, though the central bank is projected to cut rates once or twice later this year.
Thai LNG hub ambitions need caution
Oped, Published on 25/06/2025
» Despite local and global headwinds, Thailand's energy demand, driven by economic activities, continues to grow. Such seemingly insatiable energy demand has been met primarily via natural gas, which, according to Thailand's Electricity Generation Authority (EGAT), is used to generate 60.85% of Thailand's electricity.
Oil sector needs good benchmark
Oped, Published on 25/06/2025
» Despite having local refining capabilities, Thailand continues to base its oil prices on the Singapore market. For many, this raises a question: If we refine oil here, why must we follow prices set elsewhere? The answer lies in Thailand's energy structure and its commitment to a free-market economy.
Oil prices fluctuate as Mideast tensions persist
Yuthana Praiwan, Published on 24/06/2025
» Global oil prices remain volatile amid rapid changes in the Israel-Iran war, with the crude price surge losing momentum after US President Donald Trump announced a ceasefire between the two countries.