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Search Result for “financial services”

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THAILAND

Thailand abandons fuel price caps

Published on 25/03/2026

» Thailand has abandoned attempts to cap domestic fuel prices that have been pushed up by the Middle East war, and instead will offer targeted assistance for the sectors hardest-hit by high prices.

WORLD

Philippines declares energy emergency as fuel supplies run short

Bloomberg News, Published on 25/03/2026

» MANILA — The Philippines declared a national energy emergency as the conflict in the Middle East threatens fuel supplies and the country’s economy.

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

Crackdown targets use of Thai proxies

Business, Wichit Chantanusornsiri, Published on 25/03/2026

» The government is tightening controls on nominees by introducing new measures to prevent foreigners from using Thais as proxies to operate businesses, effective April 1.

THAILAND

Civil Aviation Authority moves to ease flight prices as Songkran looms

News, Post Reporters, Published on 25/03/2026

» The Civil Aviation Authority of Thailand (CAAT) is stepping up oversight of airfares amid disruptions linked to the situation in the Middle East, and is working with six airlines to cut ticket prices during the upcoming Songkran holiday by 15–30% while adding more than 29,000 seats over this busy period.

THAILAND

MFA proposes slashing visa-free tourist period in half

News, Poramet Tangsathaporn, Published on 25/03/2026

» The Ministry of Foreign Affairs has proposed reducing the visa-free tourist period from 60 days to 30 days, citing national security concerns.

BUSINESS

Haad Thip turns to returnable glass

Business, Kuakul Mornkum, Published on 25/03/2026

» SET-listed Haad Thip Plc, the exclusive bottler and distributor for Coca-Cola in 14 southern provinces, plans to expand its glass-bottled products to mitigate risks from rising plastic pellet prices, driven by ongoing conflicts in the Middle East.

BUSINESS

AXA highlights local insurance protection gap

Business, Nareerat Wiriyapong, Published on 25/03/2026

» Thailand needs to address the protection gap in the insurance industry to drive growth in the sector, which is critical for the country's economic development and the well-being of its people, says France-based insurer AXA.

BUSINESS

Gas price hike to push up Thai power bills

Business, Yuthana Praiwan, Published on 25/03/2026

» The new government is bracing for a surge in electricity bills as liquefied natural gas (LNG) prices climb in the wake of conflict in the Middle East, according to an energy official who requested anonymity.

BUSINESS

Political risks top investor concerns

News, Published on 25/03/2026

» Foreign investors are more concerned about Thailand's longstanding political instability than the immediate economic impact of the ongoing conflict in the Middle East, according to feedback from business leaders in Singapore.