Showing 1 - 10 of 1,316
Middle East war: global economic fallout
AFP, Published on 08/04/2026
» PARIS — Here are the latest economic events in the Middle East war:
Jet fuel supply could take months to recover after Hormuz reopening
Reuters, Published on 08/04/2026
» SINGAPORE — The head of a body representing global airlines said on Wednesday that even if Iran reopened the Strait of Hormuz it would take months for jet fuel supply to recover given disruptions to Middle East refining capacity.
A defining energy shock and Thailand's economic resilience
Business, Nalinee Taveesin, Published on 08/04/2026
» The global economy has entered a new phase of uncertainty. The escalating conflict in the Middle East has triggered what the International Energy Agency describes as the most severe energy supply disruption in modern history.
South Korea eases Chinese travel visas but Southeast Asia rivals, Iran war cloud outlook
South China Morning Post, Published on 07/04/2026
» Repeat short-haul visits by Chinese travellers to South Korea are expected to rise after Seoul eased multiple-entry visa rules, but analysts say the immediate impact may be limited because of growing competition from Southeast Asia and higher airfares linked to the US-Israeli war in Iran.
Asian airlines trim schedules and carry extra fuel as supplies tighten
Reuters, Published on 07/04/2026
» HONG KONG/SINGAPORE - Airlines across Asia are cutting flights, carrying extra fuel from home airports and adding refuelling stops as the Middle East conflict squeezes jet fuel supply in some countries, adding to pressure on an industry already hit by a sharp jump in fuel costs.
Call for jet fuel tax break as costs soar
Business, Yuthana Praiwan, Published on 07/04/2026
» Bangkok Aviation Fuel Services Plc (BAFS), Thailand's sole jet refuelling provider, has called on the government to exempt jet fuel from the excise tax of 4.72 baht per litre, warning the levy undermines the country's aviation competitiveness.
Japan enhances vehicle tracking at airports to prevent runway incursions
Kyodo News, Published on 06/04/2026
» Japan's transport ministry has begun requiring all ground vehicles allowed to operate on runways at eight major airports to be equipped with transponders to alert control towers of their locations and prevent collisions with aircraft.
Business jet demand soars in Asia
Business, Molpasorn Shoowong, Published on 30/03/2026
» Amid commercial flight disruptions caused by the Mideast war, business jet usage is booming in Thailand and Southeast Asia, with plane manufacturers marketing their latest models of long‑range aircraft to wealthy individuals seeking to expand their businesses internationally.
Bangkok Airways to raise domestic airfares by up to 20%
Business, Narumon Kasemsuk, Published on 28/03/2026
» SET-listed Bangkok Airways plans to increase domestic airfares by 15-20% from April 1 to counter rising fuel costs and a 3% decline in second-quarter forward bookings, and may negotiate with the Civil Aviation Authority of Thailand (CAAT) to extend the airfare ceiling if operating costs continue to soar.
Vietnam suspends some fuel taxes to stabilise domestic market
Published on 27/03/2026
» HANOI - Vietnam's Finance Ministry said on Friday it has suspended environmental protection and special consumption taxes on fuels to stabilise the domestic market.