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War to hobble supply chain as trade costs soar
Published on 04/03/2026
» Thai business and industry leaders are concerned that the Mideast war could significantly disrupt logistics and transport costs, with ripple effects for manufacturing in Thailand and other countries.
Iran claims ‘total control’ of Strait of Hormuz
AFP, Published on 04/03/2026
» TEHRAN - Iran’s Revolutionary Guards said on Wednesday they had total control of the Strait of Hormuz, a key waterway for global energy transit, as Israel launched a new wave of strikes on the Iranian capital.
Myanmar to restrict private vehicle use as fuel shortages emerge
Bloomberg News, Published on 04/03/2026
» NAY PYI TAW — Myanmar’s military government will impose limits on private vehicles starting Saturday to conserve fuel as disruptions to Middle East shipping routes threaten the country’s energy supplies.
IRPC & TOA Paint Launch IBIC for Industrial Coatings, Elevating Thai Industry.
Published on 04/03/2026
» Terdkiat Prommool, President and Chief Executive Officer of IRPC Public Company Limited (right), and Dr Worawut Chaiyosburana, Chief Executive Officer of Beger Co Ltd (left), signed a joint venture agreement to establish IBIC Co Ltd (IBIC) to operate a business in industrial steel-structure paints and coatings. The signing ceremony was presided over by Prasong Intaranongpai, Senior Executive Vice President, Downstream Petroleum Business Group Alignment, PTT Public Company Limited (centre), at the Suanson Room, Energy Complex Building B, Bangkok.
Local fuel prices capped for 15 days
Yuthana Praiwan, Published on 04/03/2026
» Prime Minister Anutin Charnvirakul said on Wednesday that people do not need to stockpile fuel as prices would be capped for the next 15 days.
Thai business group keeps 2026 GDP growth forecast at 1.6% to 2.0%
Reuters, Published on 04/03/2026
» A leading business group maintained its forecast for Thailand's economic growth this year at 1.6% to 2.0%, but said on Wednesday a prolonged conflict in the Middle East would hit activity.
Businesses warned against unjustified price hikes
Post Reporters, Published on 04/03/2026
» Businesses have been cautioned not to exploit the uncertainty of the Middle East conflict by raising goods prices without justification.
Gold advances as dip-buyers enter market despite dollar strength
Bloomberg News, Published on 04/03/2026
» SINGAPORE — Gold rose, erasing some of the losses in the previous session, as dip-buyers entered a market fraught with risk on the fifth day of war in the Middle East.
Trump orders oil tanker insurance support, says Navy could escort ships in Gulf
Reuters, Published on 04/03/2026
» WASHINGTON: The U.S. Navy could begin escorting oil tankers through the Strait of Hormuz if necessary, President Donald Trump said on Tuesday, adding he had ordered the U.S. International Development Finance Corporation to provide political risk insurance and financial guarantees for maritime trade in the Gulf.
Beirut explosion, Qatar busts spy cells: Latest developments in Mideast war
AFP, Published on 04/03/2026
» WASHINGTON (UNITED STATES) - An explosion rocked the Lebanese capital and Israel said it was launching a new overnight wave of strikes on Iran, as the war engulfing the Middle East continued into Wednesday.