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BUSINESS

Mideast war weighs on transport costs

Business, Suchit Leesa-nguansuk, Published on 05/03/2026

» Rising geopolitical tensions in the Middle East are beginning to disrupt maritime transport, affecting shipping routes and port operations, which could have spillover effects on global supply chains, according to Thai integrated logistics provider Leo Global Logistics.

BUSINESS

Bourse faces downside risks as tensions rise

Published on 05/03/2026

» Thai equities still have downside risk amid heightened volatility as escalating tensions in the Middle East threaten global energy supply routes, with strategists warning only a handful of sectors are likely to withstand a prolonged crisis.

THAILAND

Govt on alert for medicine price hikes

News, Apinya Wipatayotin, Published on 05/03/2026

» The Public Health Ministry has pledged to closely monitor potential drug price inflation amid unrest in the Middle East, with possible intervention in coordination with the Commerce Ministry if necessary.

THAILAND

Fuel price rises start to bite

News, Published on 05/03/2026

» Fears of a prolonged Middle East conflict disrupting global energy supplies are rippling across Thailand, triggering price anxieties, panic buying and warnings of logistical strain.

BUSINESS

War to hobble supply chain as trade costs soar

Published on 04/03/2026

» Thai business and industry leaders are concerned that the Mideast war could significantly disrupt logistics and transport costs, with ripple effects for manufacturing in Thailand and other countries.

WORLD

Iran claims ‘total control’ of Strait of Hormuz

AFP, Published on 04/03/2026

» TEHRAN - Iran’s Revolutionary Guards said on Wednesday they had total control of the Strait of Hormuz, a key waterway for global energy transit, as Israel launched a new wave of strikes on the Iranian capital.

WORLD

Myanmar to restrict private vehicle use as fuel shortages emerge

Bloomberg News, Published on 04/03/2026

» NAY PYI TAW — Myanmar’s military government will impose limits on private vehicles starting Saturday to conserve fuel as disruptions to Middle East shipping routes threaten the country’s energy supplies.

THAILAND

IRPC & TOA Paint Launch IBIC for Industrial Coatings, Elevating Thai Industry.

Published on 04/03/2026

» Terdkiat Prommool, President and Chief Executive Officer of IRPC Public Company Limited (right), and Dr Worawut Chaiyosburana, Chief Executive Officer of Beger Co Ltd (left), signed a joint venture agreement to establish IBIC Co Ltd (IBIC) to operate a business in industrial steel-structure paints and coatings. The signing ceremony was presided over by Prasong Intaranongpai, Senior Executive Vice President, Downstream Petroleum Business Group Alignment, PTT Public Company Limited (centre), at the Suanson Room, Energy Complex Building B, Bangkok.

BUSINESS

Thai business group keeps 2026 GDP growth forecast at 1.6% to 2.0%

Reuters, Published on 04/03/2026

» A leading ​business group maintained ​its forecast ‌for Thailand's economic growth this year at 1.6% to 2.0%, but ​said ⁠on Wednesday a prolonged conflict in the ‌Middle East would hit activity.

WORLD

Trump orders oil tanker insurance support, says Navy could escort ships in Gulf

Reuters, Published on 04/03/2026

» WASHINGTON: The U.S. Navy could begin escorting oil tankers through the Strait of Hormuz if necessary, ‌President Donald Trump said on Tuesday, adding he had ordered the U.S. International Development Finance Corporation to provide political risk insurance and financial guarantees for maritime trade in the Gulf.