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Search Result for “oil”

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WORLD

War in the Middle East: latest developments

AFP, Published on 23/04/2026

» The latest developments in the Middle East war as of 4pm on April 23, Thailand time:

BUSINESS

More bookings, shorter trips: Chinese adjust to higher fuel prices for Labour Day break

South China Morning Post, Published on 23/04/2026

» HONG KONG — The number of Chinese tourists deciding to travel during the five-day Labour Day holiday at the start of next month could rival or exceed last year's headcount despite higher global fuel prices, analysts said, adding travellers were likely to prefer shorter trips to save on transport costs.

THAILAND

Refinery margin cuts increased to B5 per litre

Online Reporters, Published on 23/04/2026

» A government panel has increased the reduction in the refining margin to 5 baht per litre, from 2 baht earlier, in a move aimed at easing fuel costs.

BUSINESS

Eateries face rising costs, weak outlook

Business, Kuakul Mornkum, Published on 23/04/2026

» Restaurant-related associations have collaborated to tackle surging energy costs, fluctuations in raw material prices, and digital transformation.

WORLD

Pope in Equatorial Guinea criticises prison conditions

AFP, Published on 23/04/2026

» BATA, Equatorial Guinea - Pope Leo XIV on Wednesday made a tightly controlled visit to a notorious prison in Equatorial Guinea's biggest city, after launching a rare criticism of living conditions for inmates.

BUSINESS

Caution urged in uncertain market

Business, Kanana Katharangsiporn, Published on 23/04/2026

» Residential developers should adopt a cautious approach to new launches while strengthening revenue, cash flow and cost management, according to SCB Economic Intelligence Center (EIC).

THAILAND

Debt hike a 'last resort'

News, Published on 23/04/2026

» Raising the public debt ceiling or issuing emergency borrowing decrees will be considered as a "last resort", only if global volatility persists and domestic fiscal resources prove insufficient, Finance Minister Ekniti Nitithanprapas says.

BUSINESS

Thai EV sales set to be boosted by trade-in incentive

Business, Lamonphet Apisitniran, Published on 23/04/2026

» The Thai automotive industry is expected to benefit from the government's proposed car trade-in policy, which Omoda & Jaecoo (Thailand) says will stimulate sales, strengthen supply chains, and accelerate the country's push towards carbon neutrality.

BUSINESS

Thailand exposed to widening war impact

Business, Nuntawun Polkuamdee, Published on 23/04/2026

» Thailand's economy is entering one of its most vulnerable phases as global geopolitical tensions intensify, yet selective opportunities for capital inflows remain, says Kongkiat Opaswongkarn, chief executive of Asia Plus Group Holdings.

BUSINESS

Thai refineries squeezed by diesel price controls

Business, Published on 23/04/2026

» Thailand's oil refining sector is facing renewed pressure as diesel price controls and rising financial losses threaten to erode profitability, according to a research note by CLSA.