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Search Result for “Red Sea”

Showing 1 - 10 of 67

BUSINESS

Pundits fret over oil prices as war widens

Business, Nareerat Wiriyapong, Published on 31/03/2026

» Analysts are expressing concerns about the new government's ability to manage skyrocketing oil prices, as Houthi rebel involvement signals a broadening and prolonged conflict in the Middle East.

BUSINESS

Energy security now a daunting problem

Business, Nareerat Wiriyapong, Published on 23/03/2026

» Amid spikes in global crude oil and gas prices, the government has deployed several measures including price caps to ensure energy security and ease the cost of living.

BUSINESS

Insurers look to manage risk from Middle East conflict

Business, Nareerat Wiriyapong, Published on 20/03/2026

» Insurance companies have taken steps to cautiously manage their risk exposure amid intensifying conflicts in the Middle East, which has resulted in the cost of war insurance coverage for ships in the Gulf region to reach "unprecedented levels".

BUSINESS

Oil forecasts rise as Mideast war rages

Business, Nareerat Wiriyapong, Published on 13/03/2026

» Analysts are lifting their oil price estimates for this year and 2027 amid transport disruption in the Middle East, even though the potential release of reserves by the G7 and the Organisation for Economic Co-operation and Development (OECD) could help temporarily alleviate supply pressures.

BUSINESS

Cyber-incidents deemed top Thai business risk

Business, Nareerat Wiriyapong, Published on 15/01/2026

» Cyber-incidents, including cybercrime, data breaches, ransomware and service interruptions, are the top business risk in Thailand for 2026, followed by natural catastrophes and risks related to climate change, according to the latest Allianz Risk Barometer.

BUSINESS

Binance unit seeks TouristDigiPay partners

Business, Nareerat Wiriyapong, Published on 11/11/2025

» The Thai unit of the world's largest cryptocurrency exchange Binance is seeking local partners as the company is keen to participate in TouristDigiPay, a regulatory sandbox programme that allows foreign tourists to convert digital assets into baht to spend in Thailand.

BUSINESS

Bank loans set to edge up 0.6%

Business, Nareerat Wiriyapong, Published on 26/03/2025

» Bank loans are expected to increase marginally by 0.6% to 14.8 trillion baht this year, bouncing back from a contraction last year, driven by large businesses while small and medium-sized enterprises (SMEs) and retail borrowers remain in the red, says Kasikorn Research Center (K-Research).

BUSINESS

Resilient UOB relishes regional role

Business, Nareerat Wiriyapong, Published on 29/11/2024

» In Thailand’s highly competitive banking industry, UOB has proven its resilience as a foreign bank over the past 25 years thanks to a strong Southeast Asian network, brand strength and its ability to win the trust of Thai customers.

BUSINESS

Big outlay for virtual banks

Business, Nareerat Wiriyapong, Published on 17/10/2024

» The three consortiums awarded virtual bank licences are projected to spend up to 5.7 billion baht in just one year from mid-2025 to develop digital platforms and offer products similar to their mobile banking counterparts, says Maybank Securities (Thailand).

BUSINESS

K-Research calls for more stimulus steps

Business, Nareerat Wiriyapong, Published on 13/02/2024

» Thailand is not at risk of deflation but the economy needs additional government measures to stimulate domestic consumption as geopolitics, China's slowdown and the baht's fluctuation pose challenges to economic growth this year, says Kasikorn Research Centre (K-Research).