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Search Result for “policy rates”

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BUSINESS

Protracted war could cut arrivals to Thailand by 10%

Published on 25/03/2026

» The number of foreign visitors to tourism-reliant Thailand is at risk of falling to its lowest level in three years as the Middle East war threatens global travel, according to the Ministry of Tourism and Sports.

THAILAND

“Shield Insurance Broker” wins global Customer Experience Solution award

Published on 25/03/2026

» Shield Insurance Broker, a service brokerage operated by Ngern Tid Lor Public Company Limited, a subsidiary of Tidlor Holdings (TIDLOR), has won the Customer Experience Solution award at the Global Retail Banking Innovation Awards 2026, organised by The Digital Banker.

THAILAND

Thailand abandons fuel price caps

Published on 25/03/2026

» Thailand has abandoned attempts to cap domestic fuel prices that have been pushed up by the Middle East war, and instead will offer targeted assistance for the sectors hardest-hit by high prices.

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.

THAILAND

MFA proposes slashing visa-free tourist period in half

News, Poramet Tangsathaporn, Published on 25/03/2026

» The Ministry of Foreign Affairs has proposed reducing the visa-free tourist period from 60 days to 30 days, citing national security concerns.

THAILAND

New cabinet ready for royal endorsement

News, Published on 25/03/2026

» The new cabinet line-up is ready to be submitted for royal endorsement, Prime Minister Anutin Charnvirakul said on Tuesday while downplaying reports on the absence of legal scholar Borwornsak Uwanno.

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

Shipments rise in February on industrial demand

Business, Somhatai Mosika, Published on 25/03/2026

» Exports surged by 9.9% year-on-year to US$29.4 billion in February, driven by strong industrial goods shipments, while imports jumped by 31.8% to $32.3 billion, mainly due to machinery and gold purchases, according to the Trade Policy and Strategy Office (TPSO).

BUSINESS

Political risks top investor concerns

News, Published on 25/03/2026

» Foreign investors are more concerned about Thailand's longstanding political instability than the immediate economic impact of the ongoing conflict in the Middle East, according to feedback from business leaders in Singapore.