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Search Result for “market”

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LEARNING

Hotels slash rates to lure Songkran market

Gary Boyle, Published on 25/03/2026

» Concerned by a drop in European arrivals and low confidence due to fuel shortages among local travellers, hotel operators have started to offer discounts of 20-40% to attract tourists during the upcoming Songkran holiday.

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

Commission opts to tighten data centre supervision

Business, Komsan Tortermvasana, Published on 25/03/2026

» The National Broadcasting and Telecommunications Commission (NBTC) is tightening its regulatory grip on the booming data centre sector through a proposed shift in the licensing regime that will bring operators under closer state scrutiny.

THAILAND

Govt eyes fuel tax reduction

News, Published on 25/03/2026

» The government may be forced to implement fuel tax reductions if the Oil Fuel Fund proves insufficient to stabilise domestic prices, Deputy Prime Minister Ekniti Nitithanprapas has warned.

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

Middle East conflict delays auto exports to key market

Business, Lamonphet Apisitniran, Published on 25/03/2026

» Thailand's automotive industry is facing mounting pressure as the Israel-US war on Iran disrupts shipping routes through the Strait of Hormuz, delaying vehicle exports to the Middle East, says the Federation of Thai Industries (FTI).

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

UOBAM bullish on Thai equities

Business, Nuntawun Polkuamdee, Published on 25/03/2026

» UOB Asset Management (Thailand) has expressed optimism about Thai equities despite short-term pressures from geopolitical tensions and higher energy costs, saying that economic recovery, returning foreign investment and improved political stability should support market growth.

PROPERTY

L.P.N. to buy B2bn of land for Bangkok condo development

Business, Kanana Katharangsiporn, Published on 25/03/2026

» SET-listed L.P.N. Development plans to spend 1-2 billion baht on new land acquisitions for condo development after freezing purchases for more than two years to clear inventory and refocus on the upper-affordable segment.