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Search Result for “widespread wildfires”

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BUSINESS

THAI to gain from Mideast airspace closures

Business, Nareerat Wiriyapong, Published on 17/03/2026

» While rising fuel cost is inevitable, Thai Airways International (THAI) is on course to gain from airspace closures across several countries in the Middle East amid tensions in the Gulf region, where the flag carrier has no direct exposure, analysts say.

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

Border spat leaves some firms vulnerable

Business, Nareerat Wiriyapong, Published on 27/06/2025

» The escalation in tensions along Thailand's border with Cambodia and additional closures of major checkpoints, such as the permanent Aranyaprathet checkpoint, could affect listed Thai companies with a large exposure to the neighbouring country, says CGS International (CGSI).

BUSINESS

Pundits upbeat on US tariff agreement

Business, Nareerat Wiriyapong, Published on 22/05/2025

» An international affairs academic and a leading economist are partially optimistic Thailand can reach an agreement with Washington over the latter's stiff reciprocal tariffs, though challenges remain as the levies have already affected the global trading system.

BUSINESS

Tariff unease hits all asset classes

Nareerat Wiriyapong, Published on 21/04/2025

» The unveiling of US President Donald Trump's reciprocal tariffs has sent shockwaves across all asset classes as threats posed by high tariff rates and trade tensions introduced greater uncertainty into the global economy, say pundits.

BUSINESS

SCB economists cut Thai growth outlook

Business, Nareerat Wiriyapong, Published on 10/04/2025

» SCB EIC, the research centre of Siam Commercial Bank (SCB), has downgraded Thailand's economic growth forecast this year to 1.4-1.5% from 2.4% after US President Donald Trump's tariff hike on Thai imports.

BUSINESS

Analysts estimate widespread tariff damage

Business, Nareerat Wiriyapong, Published on 04/04/2025

» Stock market analysts anticipate the US reciprocal tariff, which was higher than market estimates, could reduce Thai GDP by up to 1.2 percentage points, though a severe impact may prompt the Bank of Thailand cut interest rates to revitalise the economy.

BUSINESS

Indorama allots $1.89bn capex for 3 years

Business, Nareerat Wiriyapong, Published on 19/04/2024

» Indorama Ventures (IVL), one of the world's largest petrochemical producers, plans to invest US$1.89 billion (68 billion baht) over three years, noting a gradual recovery of the global petrochemical industry and asset optimisation should enable the company to return to its previous earnings peak by 2026.

BUSINESS

Axa turns to M&A deals to generate Thai growth

Business, Nareerat Wiriyapong, Published on 17/04/2024

» Axa Thailand General Insurance, a unit of the French multinational, is exploring merger and acquisition opportunities to help grow its presence in the highly fragmented non-life insurance industry here, says chief executive Claude Seigne.

BUSINESS

Gold skyrockets as banks still wobble

Business, Nareerat Wiriyapong, Published on 21/03/2023

» Gold prices passed US$2,000 for the first time in more than a year on Monday as UBS's recent takeover of its Swiss rival Credit Suisse for $3.2 billion failed to assure investors about ongoing bank woes.