Showing 1 - 10 of 7,218
Mideast conflict threatens Thai growth
Business, Somruedi Banchongduang, Published on 21/03/2026
» The Bank of Thailand is warning the war in the Middle East could weigh on Thailand's economy across multiple fronts, potentially dragging GDP growth below its 2% forecast for this year.
Tourism groups eye B15bn stimulus
Business, Narumon Kasemsuk, Published on 21/03/2026
» Seven tourism associations under the Federation of Thai Tourism Associations (Fetta) have called for stimulus projects worth a combined 15 billion baht, including cash handouts to local tourists, to prevent an industry downturn due to the Gulf war.
Baht may fall to 35 per dollar if war persists
Business, Published on 20/03/2026
» The baht is expected to weaken to 34-35 to the US dollar if the Middle East conflict drags on for two months, pushing oil prices above US$100 per barrel, according to Kasikorn Research Center (K-Research).
Global oil prices may exceed USD 100 soon, cutting Thailand’s 2026 GDP by 0.2–0.7%
Published on 19/03/2026
» KASIKORN RESEARCH CENTER (KResearch) expects the potentially prolonged conflict in the Middle East to keep oil prices above USD 100 per barrel over the coming months. This would put pressure on the Thai economy and push inflation towards the upper bound of the Bank of Thailand’s (BOT) inflation target range.
Poland leads Central Europe thrust
Business, Narumon Kasemsuk, Published on 19/03/2026
» With global travel in turmoil due to operational disruptions in Middle Eastern aviation hubs, a new direct flight from Europe to Thailand is set to launch, paving the way for Thai tourism in the economically promising Central European region for the first time in decades.
Call for urgent action to tackle rural oil shortage
Business, Lamonphet Apisitniran, Published on 19/03/2026
» The Federation of Thai Industries (FTI) has called on the government to intervene in support of oil middlemen, known locally as "jobbers", who are struggling to secure supplies from refineries, resulting in a shortage affecting industrial and agricultural sectors, as well as smaller filling stations not affiliated with major retail brands.
US Fed holds rates unchanged over 'uncertain' Iran war implications
AFP, Published on 19/03/2026
» WASHINGTON (UNITED STATES) - The US Federal Reserve kept interest rates unchanged as expected Wednesday, in defiance of President Donald Trump as the world's largest economy battles stubborn inflation, weak labor demand and an "uncertain" economic outlook due to the war in Iran.
Oil price spike forecast to slash Thai GDP growth
Business, Wichit Chantanusornsiri, Published on 18/03/2026
» Every US$10 increase in the oil price per barrel is expected to reduce Thai GDP by 0.2 percentage points, according to caretaker finance minister Ekniti Nitithanprapas.
Lesson from India to avoid the middle-income trap
Oped, Published on 18/03/2026
» Among Indian Prime Minister Narendra Modi's most ambitious goals is to transform his country into a developed economy by Aug 15, 2047 -- the centenary of Indian independence. Given India's growth record over the past two decades, the speed and scale of its infrastructure development in recent years, and the Modi government's willingness to enact large-scale economic reforms, India is likely to become one of the few developing countries to avoid the middle-income trap.
Rising costs, empty tanks
Oped, Editorial, Published on 18/03/2026
» As war between the US–Israel alliance and Iran escalates, the caretaker government's response -- limited to a few warnings, a recommendation for state officials to work from home, and, as usual, fuel subsidies from the State Oil Fund -- appears woefully inadequate.