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BUSINESS

Iran war punctures strategy of ‘Sell America, Buy Asia’

Bloomberg News, Published on 05/03/2026

» HONG KONG — The war in Iran is forcing investors to reevaluate one of their most profitable stock strategies, leading some to conclude that the “Sell America, Buy Asia” trade has reached an inflection point.

BUSINESS

25% tourism decline ‘worst-case scenario’

Narumon Kasemsuk, Published on 05/03/2026

» War in the Middle East could seriously affect Thai tourism this year, with a 25% decline from the 2026 target being the worst-case scenario if the fighting extends beyond three months, prompting officials to target short‑haul tourists to fill the gap.

BUSINESS

Sukishi Intergroup slows down expansion

Business, Kuakul Mornkum, Published on 05/03/2026

» Sukishi Intergroup Co Ltd plans to scale back its expansion plans in the shabu-shabu market due to intense competition.

BUSINESS

Thai stocks face downside risks as war tensions rise

Business, Nuntawun Polkuamdee andn Nareerat Wiriyapong, Published on 05/03/2026

» Thai equities still have downside risk amid heightened volatility as escalating tensions in the Middle East threaten global energy supply routes, with strategists warning only a handful of sectors are likely to withstand a prolonged crisis.

BUSINESS

Banpu consolidation drives clean energy transition

Business, Yuthana Praiwan, Published on 05/03/2026

» The merger of Banpu Power and its parent firm, Banpu Plc, an energy conglomerate, is expected to be completed by the first half of 2026, resulting in a new company that oversees four core businesses.

BUSINESS

TOA banks on premium paints as growth sags

Business, Kanana Katharangsiporn, Published on 05/03/2026

» SET-listed TOA Paint (Thailand) plans to continue launching new products in the premium segment while expanding into the economy segment amid a slowing economic outlook, targeting 4% sales growth this year.

BUSINESS

War to hobble supply chain as trade costs soar

Lamonphet Apisitniran and Somhatai Mosika, Published on 04/03/2026

» Thai business and industry leaders are concerned that the Mideast war could significantly disrupt logistics and transport costs, with ripple effects for manufacturing in Thailand and other countries.

BUSINESS

Gold advances as dip-buyers enter market despite dollar strength

Bloomberg News, Published on 04/03/2026

» SINGAPORE — Gold rose, erasing some of the losses in the previous session, as dip-buyers entered a market fraught with risk on the fifth day of war in the Middle East.

BUSINESS

Council seeks to keep Thai digital data safe

Business, Suchit Leesa-nguansuk, Published on 04/03/2026

» Thailand urgently needs to develop digital data sovereignty under Thai jurisdiction, while prioritising the use of more locally developed artificial intelligence (AI) and software, according to the Digital Council of Thailand (DCT).

BUSINESS

YLG touts safe-haven precious metal as risks escalate

Business, Nuntawun Polkuamdee, Published on 04/03/2026

» As war in the Middle East intensifies and financial markets swing wildly, Thai investors, particularly older buyers, are rushing to small-sized physical gold, betting the rally is far from over.