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Search Result for “state of the economy”

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WORLD

US, Israel tactics diverge on Iran as Trump's goals still 'fuzzy'

AFP, Published on 20/03/2026

» WASHINGTON (UNITED STATES) - US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu both praise their relationship as excellent, but after three weeks of attacking Iran, their tactics are increasingly diverging -- the result, some experts say, of Trump's ill-defined goals.

BUSINESS

BMW faces flat sales amid rising oil prices

Lamonphet Apisitniran, Published on 20/03/2026

» Rising crude oil price volatility, fuelled by escalating tensions between the US and Iran, is threatening to stall Thailand's automotive recovery, with luxury car sales projected to remain flat this year, according to BMW Group Thailand.

BUSINESS

Baht may fall to 35 per dollar if war persists

Business, Published on 20/03/2026

» The baht is expected to weaken to 34-35 to the US dollar if the Middle East conflict drags on for two months, pushing oil prices above US$100 per barrel, according to Kasikorn Research Center (K-Research).

BUSINESS

Penalties vowed for gas gouging

Business, Yuthana Praiwan, Published on 20/03/2026

» Caretaker energy minister Auttapol Rerkpiboon has vowed to take action against petrol station operators who charge prices that exceed government-regulated, subsidised levels, while pledging to intensify efforts to ensure smooth oil distribution nationwide.

THAILAND

Primus invests B120m to launch Zeekr flagship on Ratchaphruek

Published on 19/03/2026

» Primus Group continues its strong momentum, capitalising on the rapid growth of Thailand’s electric vehicle (EV) market. The company has invested over 120 million baht to launch “Zeekr House Primus,” a new flagship showroom on Ratchaphruek Road, while also preparing to expand into Northern Thailand with a new showroom in Chiang Mai, targeting the premium EV segment.

BUSINESS

China cutting back fertiliser exports

Published on 19/03/2026

» China is clamping down on fertiliser exports to protect its domestic market, industry ​sources say, putting an additional strain on global markets already grappling with shortages caused by the US-Israeli war on Iran.

THAILAND

Dairy farmers decry school‑milk quota cut

Published on 19/03/2026

» More than 1,000 dairy farmers rallied at the Ministry of Agriculture and Cooperatives on Thursday to oppose a draft rule cutting school‑milk quotas for the private sector, saying the move is unfair and threatens their livelihoods.

THAILAND

Pheu Thai submits eight ministerial picks to PM Anutin

Online Reporters, Published on 19/03/2026

» The Pheu Thai Party has submitted the names of its eight cabinet nominees to Prime Minister Anutin Charnvirakul while expressing confidence that the Bhumjaithai Party-led coalition government will remain stable throughout its four-year term.

WORLD

War in the Middle East: latest developments

AFP, Published on 19/03/2026

» PARIS — Here are the latest developments in the Middle East war:

THAILAND

Global oil prices may exceed USD 100 soon, cutting Thailand’s 2026 GDP by 0.2–0.7%

Published on 19/03/2026

» KASIKORN RESEARCH CENTER (KResearch) expects the potentially prolonged conflict in the Middle East to keep oil prices above USD 100 per barrel over the coming months. This would put pressure on the Thai economy and push inflation towards the upper bound of the Bank of Thailand’s (BOT) inflation target range.