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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.

THAILAND

Ex-Move Forward MP sentenced to jail for election fraud

Wassayos Ngamkham, Published on 09/03/2026

» RAYONG — The Rayong Provincial Court on Monday sentenced Nakhonchai Khunnarong, former MP of the now-defunct Move Forward Party (MFP), to one year in prison without suspension for contesting the 2023 general election despite being disqualified and for giving false information to an election official.

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.

BUSINESS

Thai tourism faces B40bn revenue collapse

Business, Molpasorn Shoowong, Published on 09/03/2026

» Thailand could lose more than 40 billion baht in tourism revenue in the worst-case scenario, assuming the Middle East airspace closure lasts for eight weeks, says the Tourism and Sports Ministry.

BUSINESS

Thailand braces for fallout from Mideast war

Business, Published on 09/03/2026

» Thailand's fragile economic recovery faces fresh challenges after war erupted between a US-Israel alliance and Iran.

BUSINESS

Nominees 'manipulating' fragrant coconut market

News, Post Reporters, Published on 09/03/2026

» The government is stepping up measures to stabilise the fragrant coconut market after investigations uncovered foreign-backed businesses allegedly manipulating prices and harming farmers.

BUSINESS

Climate pressure spurs Thailand's energy revamp

Business, Yuthana Praiwan, Published on 09/03/2026

» Thailand's clean power supply and energy trade are poised for changes under the draft Power Development Plan (PDP), which will shape the country's electricity landscape from 2026 to 2050.

THAILAND

Govt warns of increasing drowning risks as summer nears

News, Post Reporters, Published on 09/03/2026

» The government has warned of rising drowning risks during the summer months after data showed nearly 1,000 people die each year.

WORLD

10 vessels attacked in Hormuz Strait: analysts

AFP, Published on 09/03/2026

» PARIS (FRANCE) - About 10 vessels in or near the Strait of Hormuz have come under attack since Iran blocked the strategic waterway in retaliation for US-Israeli strikes, data analysis groups report.

BUSINESS

Local fan market remains cool amid global heat

Business, Kuakul Mornkum, Published on 09/03/2026

» With the average global temperature rising, the electric fan market is poised for growth. Yet Thailand's electric fan market appears sluggish relative to global trends, according to Groupe SEB (Thailand) Co Ltd, the distributor of Tefal appliances.