Showing 1 - 7 of 7
Shippers told to prep contingency plans
Business, Phusadee Arunmas, Published on 26/06/2025
» The Thai National Shippers' Council (TNSC) has observed a slowdown in orders for rice, chicken, rubber, food and electrical appliances due to the ongoing uncertainty surrounding the conflict in the Middle East.
Office fears strait's closure could disrupt shipments
Business, Phusadee Arunmas, Published on 25/06/2025
» The possible closure of the Strait of Hormuz could increase transport costs and freight rates for Thailand, while also affecting inflation and exports to the Middle East, says the Trade Policy and Strategy Office (TPSO).
Thai shippers allay concerns over closure of Strait of Hormuz
Business, Phusadee Arunmas, Published on 24/06/2025
» The Thai National Shippers' Council says a complete closure of the Strait of Hormuz would boost oil prices. However, negotiations are expected to address this issue and the situation will be resolved soon.
Council anticipates 1-2% export growth
Business, Phusadee Arunmas, Published on 08/05/2024
» The Thai National Shippers' Council (TNSC) is confident exports will grow by 1-2% this year and suggested the planned hike in the daily minimum wage must be considered thoroughly, with supportive government measures provided under the wage committee mechanism.
Govt worries over conflict impacts
News, Phusadee Arunmas, Published on 16/04/2024
» The Ministry of Commerce has instructed state agencies to come up with measures to deal with a possible spike in energy prices if the conflict between Iran and Israel escalates.
Exporters told to keep tabs on hotspots in the Middle East
Business, Phusadee Arunmas, Published on 29/01/2024
» The strategic planning unit of the Commerce Ministry has advised all stakeholders to monitor the attacks in the Red Sea and the Israel-Hamas war to assess the potential impacts.
US-Iran crisis spurs oil fears
News, Phusadee Arunmas, Published on 06/01/2020
» The government is moving to find ways to cushion the impact of the US-Iran conflict -- particularly rising oil prices -- if the tensions escalate into war, in the wake of the US assassination of Iranian top general Qassem Soleimani on Friday.