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BUSINESS

Banks raise reserves to deal with effects of war

Somruedi Banchongduang, Published on 01/04/2026

» Thai banks are increasing their loan-loss reserves to prepare for the impact of a prolonged war in the Middle East and to support a growing number of vulnerable customers.

BUSINESS

SCB X assists customers troubled by the war

Business, Somruedi Banchongduang, Published on 01/04/2026

» SCB X, a technology conglomerate and the holding company of Siam Commercial Bank (SCB), has extended assistance to customers affected by the war, with targeted measures initially focused on the tourism and export sectors.

BUSINESS

EV loan demand set to rise amid spiking oil prices

Business, Somruedi Banchongduang, Published on 31/03/2026

» Banks expect stronger growth for electric vehicle (EV) loans this year, driven by improving demand in the auto segment amid rising oil prices.

THAILAND

Khon Kaen tourism, meetings take a hit

News, Chakkrapan Natanri, Published on 26/03/2026

» Rising oil prices and the Middle East war are taking a heavy toll on Khon Kaen's tourism and meetings, incentives, conferences and exhibitions (Mice) industries, with widespread cancellations of hotel bookings and seminars.

BUSINESS

Grab eyes growth amid fuel crunch

Business, Suchit Leesa-nguansuk, Published on 25/03/2026

» Grab Thailand is bracing for a "mini-crisis" due to rising fuel costs, with a contingency plan to introduce passenger surcharges while sustaining aggressive promotions to maintain demand and merchant income, particularly as more people work from home.

BUSINESS

Analysts warn of war's impact on sector

Business, Nareerat Wiriyapong, Published on 19/03/2026

» Thai banks risk realising negative impacts from the US-Israeli military strikes on Iran, especially if oil prices remain above US$100 per barrel, potentially forcing them to set aside extra provisions or expected credit losses for management overlay from the conflicts, say analysts.

THAILAND

Thais demand government action on living costs

Komsan Tortermvasana, Published on 18/03/2026

» Thais say their top concern is rising living costs they are urging the new government to take swift action on the issue, according to a National Statistical Office (NSO) survey.

BUSINESS

GH Bank allays concerns over financial stability amid war

Business, Wichit Chantanusornsiri, Published on 17/03/2026

» The Government Housing (GH) Bank has sufficient financial stability to withstand a potential economic crisis that could arise from the war in the Middle East, says the bank's chief.

BUSINESS

Thai banks struggling to make money

Business, Somruedi Banchongduang, Published on 17/03/2026

» The Thai banking industry is entering a transition period in which banks can no longer rely on strong interest income or generate the high levels of return on equity (ROE) as seen in the past, according to the chief executive of TMBThanachart Bank (ttb).

BUSINESS

Small firms face high finance costs

Business, Somruedi Banchongduang, Published on 16/03/2026

» The Bank of Thailand has raised concerns about rising financial costs for micro-SMEs (small and medium-sized enterprises) as they increasingly rely on nano-finance loans amid tighter access to bank credit.