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Search Result for “economic crisis”

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BUSINESS

Energy price spike threatens global economic recovery

Somruedi Banchongduang, Published on 09/03/2026

» Global oil prices have entered a “danger zone” after surging to around US$110 per barrel following reports that an Iranian oil storage facility had been struck, warned Bangkok Bank’s (BBL) chief economist.

BUSINESS

State steps in as oil rockets to $100

Yuthana Praiwan, Published on 09/03/2026

» Thai energy authorities are preparing to secure loans from commercial banks to shore up the Oil Fuel Fund, which is rapidly running dry as global crude prices surge past US$100 per barrel amid the escalating US-Iran conflict.

WORLD

Iran war sends oil price soaring as Khamenei son takes charge

AFP, Published on 09/03/2026

» TEHRAN — The Iran war sent oil prices soaring on Monday after Tehran marked the appointment of its new supreme leader with a new barrage of missiles targeting Israel and the Gulf energy industry.

THAILAND

TAT holds “Big Heart, No Worries – Frying Chicken, Not Abandoning” under “Smile @ South” campaign

Published on 09/03/2026

» On March 8, 2026, the Tourism Authority of Thailand (TAT), in collaboration with the Kao Kon La Kao Foundation, Hat Yai Municipality and local partners, organised the event “Big Heart, No Worries – Frying Chicken, Not Abandoning” under the “Smile @ South” campaign.

WORLD

Beijing signals high hopes for South China Sea 'golden rules' by end of year

Published on 09/03/2026

» China has signalled strong optimism for finalising negotiations with neighbouring Asian countries to seal a new institutional framework on contested South China Sea waterways.

BUSINESS

Stocks and bonds drop on oil’s surge, dollar gains

Published on 09/03/2026

» Crude oil surged above $100 a barrel for the first time since 2022 due to escalating hostilities in the Middle East and worsening strains on oil shipping, sending stocks and Treasuries lower.

BUSINESS

BoI eager to attract Chinese investors

Business, Lamonphet Apisitniran, Published on 09/03/2026

» Thailand is positioning itself as a strategic gateway for Chinese companies seeking to expand into Southeast Asia, with the Board of Investment (BoI) highlighting deepening economic cooperation between the two nations.

WORLD

Dollar surges as US-Iran war pushes oil past $100 a barrel

Reuters, Published on 09/03/2026

» SINGAPORE: The dollar took ⁠another leg higher ⁠on Monday, jumping to a ​three-month peak on the euro as oil surged past $100 a barrel, stocks slid and investors headed for safety ​as protracted war in the Middle East threatened ‌to disrupt global energy supplies.

SUSTAINABILITY

Exporters confront carbon footprints

Business, Somruedi Banchongduang, Published on 09/03/2026

» Thai exporters are under growing pressure to accelerate their transition to low-carbon production, as the EU's Carbon Border Adjustment Mechanism (CBAM) came into force on Jan 1, though its effects have been felt for several years.

BUSINESS

War risks weigh on markets, crypto

Business, Nuntawun Polkuamdee, Published on 09/03/2026

» A prolonged Middle East conflict could weigh heavily on global financial markets, triggering a broad risk-off environment that pressures equities and cryptocurrencies while increasing volatility across asset classes.