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Search Result for “Businesses in China's Wuhan face fresh worries after Covid easing”

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BUSINESS

Petroleum and Energy Institute of Thailand denies oil refineries profiting from war

Business, Yuthana Praiwan, Published on 27/03/2026

» The Petroleum and Energy Institute of Thailand (PTIT) has denied an allegation that oil refineries are reaping a profit following a surge in their gross refinery margin (GRM) during the Mideast conflict, which is driving up domestic oil prices.

BUSINESS

Call for measures to restrain fuel price hikes

Business, Somhatai Mosika, Published on 27/03/2026

» The Thai Chamber of Commerce is calling on the government to manage fuel prices, ensure adequate reserves, and speed up the implementation of energy-saving measures nationwide.

BUSINESS

Easing of fuel subsidies sparks winners and losers among stocks

Business, Nuntawun Polkuamdee, Published on 27/03/2026

» Thailand's move to rein in petrol price subsidies is likely to reshape sector dynamics, with fuel retailers emerging as key beneficiaries, while the transport, retail and tourism sectors face rising cost pressures, analysts say.

BUSINESS

Crude prices test GDP, inflation goals

Business, Somruedi Banchongduang, Published on 27/03/2026

» The government is advised to adopt a managed float approach to deal with energy prices amid expectations that domestic diesel prices could reach 60 baht per litre.

BUSINESS

Thailand vows to host 1st Disneyland in region

Business, Narumon Kasemsuk, Published on 27/03/2026

» The government remains committed to bringing the first Disneyland theme park to Southeast Asia as part of the EEC Capital City project, with potential investors from the Middle East already indicating interest in becoming partners.

BUSINESS

Credit outlook steady as fuel subsidy ditched

Business, Nareerat Wiriyapong and Lamonphet Apisitniran, Published on 27/03/2026

» The government's decision to abolish blanket fuel price subsidies helps reduce the possibility Thailand will face a credit downgrade, even though the measure could pressure fragile domestic consumption and push inflation to rise.

BUSINESS

Middle East war results in uneven impact across sectors

Business, Nuntawun Polkuamdee, Published on 27/03/2026

» The ongoing Middle East conflict is emerging as a key risk to Thailand's equity market, but its impact on corporate earnings is uneven, creating both winners and losers across sectors, according to Bualuang Securities (BLS).

BUSINESS

Seagate puts faith in Thai production

Business, Suchit Leesa-nguansuk, Published on 27/03/2026

» Amid geopolitical uncertainty, Seagate Technology is reinforcing Thailand as a strategic base by upgrading manufacturing with advanced technologies to support artificial intelligence (AI)-driven data infrastructure.

BUSINESS

Malaysia cuts subsidised fuel quotas on global oil price surge

Bloomberg News, Published on 26/03/2026

» KUALA LUMPUR - Malaysia’s government will cut subsidised allocations for its most popular fuel from April as it seeks to curb leakages and relieve fiscal pressure from a surge in oil prices owing to the Middle East conflict.

BUSINESS

Baht may fall further on oil price exposure

Bloomberg News, Published on 26/03/2026

» A historic surge in oil prices is exposing the fragility of import-dependent Thailand, compounding pressure on an already weakening currency and raising the risk of capital flight, analysts say.