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Search Result for “drop”

Showing 1 - 10 of 62

BUSINESS

Oil shortage hits petrochemical output

Nareerat Wiriyapong, Published on 09/03/2026

» The current “oil shock” has begun to affect companies on the Stock Exchange of Thailand (SET), with industrial conglomerate Siam Cement (SCC) suspending operations at its petrochemical unit in Map Ta Phut due to insufficient feedstock amid the Middle East war, analysts say.

BUSINESS

Binance allays concerns surrounding crypto scams

Business, Nareerat Wiriyapong, Published on 28/10/2025

» Despite a significant increase in global cryptocurrency crimes this year, Thailand's digital asset exchange operators maintained that crypto and digital assets have not been subject to scams and that illicit activities accounted for a minimal amount of total transactions.

BUSINESS

Asian Development Bank cuts Thai GDP outlook

Business, Nareerat Wiriyapong, Published on 01/10/2025

» The Asian Development Bank (ADB) has lowered its Thai GDP growth estimates for this year and next, citing export deceleration, a slow recovery of foreign tourist arrivals, as well as weakened private consumption and investments.

BUSINESS

Bourse keen to hear interim government's economic policies

Business, Nareerat Wiriyapong, Published on 05/09/2025

» Stock market executives are keen to hear the economic policies of the interim government after the new prime minister is picked today, hoping capable economic ministers and policies can address short-term economic challenges and attract more inflows to the Thai bourse.

BUSINESS

Thai hotels forced to cut room rates

Business, Nareerat Wiriyapong, Published on 03/09/2025

» Thailand's hotel sector is experiencing its first pricing pressure after four consecutive years of rate increases that have nearly doubled average room rates since 2021, as tourists from China and other major Asian markets have dropped significantly, says Tris Rating.

BUSINESS

Thai hotels cut room rates amid falling tourist numbers

Nareerat Wiriyapong, Published on 02/09/2025

» Thailand’s hotel sector is experiencing pricing pressure this year after four consecutive years of rate increases that have nearly doubled average room rates since 2021, as tourists from China and other major Asian markets have dropped significantly, says Tris Rating.

BUSINESS

THAI aims to double fleet by 2033

Nareerat Wiriyapong, Published on 04/08/2025

» Thai Airways International (THAI) is preparing to double its fleet to 150 aircraft by 2033 to tap Asia’s travel boom as the flag carrier’s shares resumed trading on the Stock Exchange of Thailand (SET) after completing its five-year business rehabilitation and debt restructuring.

BUSINESS

Analysts: War threatens Thai economy

Business, Nareerat Wiriyapong, Published on 30/06/2025

» Amonthep Chawla, chief economist at CIMB Thai Bank (CIMBT), said even though tensions have eased, the ongoing conflicts in the Middle East remain a threat to the Thai economy, in addition to US President Donald Trump's tariffs and the border dispute with Cambodia.

BUSINESS

SCB trims growth view amid cloudy outlook

Business, Nareerat Wiriyapong, Published on 19/06/2025

» The Thai economy may grow by only 0.8% this year, with a technical recession highly likely in the second half if the government fails to convince the US to lower its reciprocal tariff on Thai exports, while conflicts intensify in the Middle East.

BUSINESS

The ins and outs of legal casinos

Business, Nareerat Wiriyapong, Published on 14/06/2025

» Political leaders and the public continue to debate the merits and pitfalls of the government's proposed legislation to legalise casino operation in entertainment complexes.