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Search Result for “currency”

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BUSINESS

Asia’s options to diversify energy sources limited

Published on 06/03/2026

» SINGAPORE - Asian energy buyers are scrambling to find alternatives as the Iran war creates unprecedented supply disruption, but the region has ​limited longer-term options to reduce its heavy reliance on Middle Eastern oil.

BUSINESS

Shippers’ council, Exim Bank offer B1bn in aid for exporters

Post Reporters, Published on 06/03/2026

» The Thai National Shippers’ Council (TNSC) and the Export-Import Bank of Thailand have introduced measures to support Thai exporters affected by maritime transport disruptions in the Middle East. 

BUSINESS

Bitcoin rebounds as conflict in Middle East intensifies

Business, Nuntawun Polkuamdee, Published on 06/03/2026

» Bitcoin has rebounded to top US$70,000 despite escalating conflicts in the Middle East, diverging from most major assets including gold, as global investors move aggressively into US dollars, says digital asset fund manager Merkle Capital.

OPINION

America risks grand folly in Iran war

Oped, Thitinan Pongsudhirak, Published on 06/03/2026

» It is just the first week of the joint attack between the United States and Israel on the Islamic Republic of Iran, but the repercussions from the Middle East for the Indo-Pacific are already discernible.

OPINION

Time for region to double down on green energy

Oped, Published on 06/03/2026

» The escalating instability in the Middle East has sent shockwaves through global energy markets, forcing Southeast Asian nations into a precarious position. While the region has made significant pledges to transition toward renewables, the threat of interrupted gas supplies and surging LNG prices is creating a dangerous incentive to prioritise immediate energy security over long-term climate goals.

BUSINESS

Baht faces pressure from oil upswing

Business, Nareerat Wiriyapong, Published on 05/03/2026

» The baht could slide beyond 33 to the US dollar, with high volatility possible if the war in the Middle East is prolonged, forcing Thailand, a net oil importer, to pay a significantly higher import bill, according to Kasikorn Research Center (K-Research).

WORLD

Singapore, Taiwan find more assets tied to accused scam kingpin

Published on 04/03/2026

» Authorities in Singapore and Taiwan say they have identified more than US$700 million worth of assets and illicit funds — a far larger sum than previously known — linked to Prince Group, founder Chen Zhi and others accused of running a transnational crime syndicate.

BUSINESS

Gold advances as dip-buyers enter market despite dollar strength

Bloomberg News, Published on 04/03/2026

» SINGAPORE — Gold rose, erasing some of the losses in the previous session, as dip-buyers entered a market fraught with risk on the fifth day of war in the Middle East.

BUSINESS

YLG touts safe-haven precious metal as risks escalate

Business, Nuntawun Polkuamdee, Published on 04/03/2026

» As war in the Middle East intensifies and financial markets swing wildly, Thai investors, particularly older buyers, are rushing to small-sized physical gold, betting the rally is far from over.

BUSINESS

PTT eyes partners across value chain

Business, Published on 28/02/2026

» National oil and gas conglomerate PTT Plc is seeking new business partners, hoping to secure additional funding to strengthen businesses within the PTT Group and create synergies to enhance long-term performance.