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UAE quits Opec in blow to global oil cartel
Published on 28/04/2026
» DUBAI - The United Arab Emirates said on Tuesday it was quitting Opec and Opec+, dealing a heavy blow to the oil exporting groups and their de facto leader, Saudi Arabia, at a time when the Iran war has caused a historic energy shock and unsettled the global economy.
Finance Ministry cuts 2026 growth forecast to 1.6% due to Middle East war
Reuters, Published on 28/04/2026
» Thailand’s Ministry of Finance lowered its 2026 growth forecast to 1.6% from 2.0%, citing the impact of the war in the Middle East, and said government measures would provide some support to activity.
Crude price edges up as Trump considers latest Iran proposal
AFP, Published on 28/04/2026
» HONG KONG - Oil prices edged up and stocks wavered Tuesday as Donald Trump weighed an Iranian proposal that would reportedly re-open the Strait of Hormuz and end the eight-week-old war.
Investors revert back to 'risk-on' mode
Business, Nuntawun Polkuamdee, Published on 28/04/2026
» Global financial markets are shifting back into a "risk-on" mode as investors increasingly look beyond geopolitical tensions and refocus on macroeconomic signals and policy direction, says Asia Plus Securities (ASPS).
BoT set to leave interest rates unchanged
Business, Somruedi Banchongduang, Published on 28/04/2026
» Local research centres expect the Bank of Thailand to leave interest rates unchanged at Wednesday's meeting, adopting a wait-and-see approach amid the ongoing war in the Middle East.
Thai SMEs urged to seek new markets amid shipping hurdles
Business, Wichit Chantanusornsiri, Published on 28/04/2026
» Exports by Thai small and medium-sized enterprises (SMEs) are expected to be adversely affected by changes in shipment patterns, says the head of the Export-Import (Exim) Bank of Thailand.
War in the Middle East: latest developments
AFP, Published on 27/04/2026
» PARIS (FRANCE) - The latest developments in the Middle East war:
Thai banks pivot as fees are regulated
Business, Somruedi Banchongduang, Published on 27/04/2026
» Banks are preparing for a potential decline in fee-based income following the central bank's move to standardise banking fees, despite strong growth in the first quarter of this year.
Thailand wilts as 'financial summer' batters households
Business, Somruedi Banchongduang, Published on 27/04/2026
» As temperatures climb across Thailand, households are feeling more than just the heat. This year's hot season has brought a sharp rise in living costs, particularly fuel prices, tightening budgets and amplifying financial strain.
Rooftop solar draws buzz
Mongkol Bangprapa, Published on 27/04/2026
» The government's renewed focus on rooftop solar in early 2026 stems from overlapping economic pressures, described by policymakers as a "crisis on crisis".