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Search Result for “impact”

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BUSINESS

Iran war punctures strategy of ‘Sell America, Buy Asia’

Bloomberg News, Published on 05/03/2026

» HONG KONG — The war in Iran is forcing investors to reevaluate one of their most profitable stock strategies, leading some to conclude that the “Sell America, Buy Asia” trade has reached an inflection point.

THAILAND

Hylife Group wins two international leadership awards, boosting Thai business globally

Published on 05/03/2026

» Shubhodeep Prasanta Das, Chairman of Hylife Group, has been honoured on the international stage with two distinguished awards: The Fastest Growing Leaders 2024–25 Award from AsiaOne and World’s Leading Leader 2025 from the World Centre for Research and Consulting (WCRC). The awards were presented at the WCRCINT Global Business Conclave 2025 in London, United Kingdom (UK), reflecting his visionary leadership and his ability to drive the organisation toward stable and sustainable growth at international level.

BUSINESS

25% tourism decline ‘worst-case scenario’

Published on 05/03/2026

» War in the Middle East could seriously affect Thai tourism this year, with a 25% decline from the 2026 target being the worst-case scenario if the fighting extends beyond three months, prompting officials to target short‑haul tourists to fill the gap.

THAILAND

Thailand’s search for fuel takes on more urgency

Post Reporters, Published on 05/03/2026

» Prime Minister Anutin Charnvirakul has ordered a stepped-up effort to secure more oil and gas after the closure of the Strait of Hormuz cut off access to about half of Thailand’s regular supply.

BUSINESS

Asian countries scramble to secure fuel supplies

Published on 05/03/2026

» The impact of the war in the Middle East rippled further through global energy markets on Thursday, with Asian countries taking more measures to shore up supplies.

THAILAND

Thai youth drug use reaches crisis stage

Online Reporters, Published on 05/03/2026

» The drug problem among youth in Thailand has reached the crisis stage because narcotics — cannabis, kratom and methamphetamine — have become so easily accessible, according to an analysis by the Thai Health Promotion Foundation (ThaiHealth).

WORLD

Israel keeps up Lebanon strikes as ground forces advance

AFP, Published on 05/03/2026

» BEIRUT - Israel's attacks on Lebanon entered a fourth day on Thursday, after Israeli forces pushed into several border towns and conducted air strikes targeting Iran-backed militant group Hezbollah.

BUSINESS

Mideast war weighs on transport costs

Business, Suchit Leesa-nguansuk, Published on 05/03/2026

» Rising geopolitical tensions in the Middle East are beginning to disrupt maritime transport, affecting shipping routes and port operations, which could have spillover effects on global supply chains, according to end-to-end global logistics services provider.

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).

BUSINESS

Mideast conflict a major roadblock for long-haul markets

Business, Molpasorn Shoowong, Published on 05/03/2026

» As the conflict in the Middle East weighs on global travel prices and travellers' pocketbooks, tourism operators project long-haul markets in 2026 will fall short of last year's 10 million arrivals.