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Search Result for “Energy Minister Pirapan Salirathavibhaga”

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BUSINESS

Energy price spike threatens global economic recovery

Somruedi Banchongduang, Published on 09/03/2026

» Global oil prices have entered a “danger zone” after surging to around US$110 per barrel following reports that an Iranian oil storage facility had been struck, warned Bangkok Bank’s (BBL) chief economist.

BUSINESS

State steps in as oil rockets to $100

Yuthana Praiwan, Published on 09/03/2026

» Thai energy authorities are preparing to secure loans from commercial banks to shore up the Oil Fuel Fund, which is rapidly running dry as global crude prices surge past US$100 per barrel amid the escalating US-Iran conflict.

BUSINESS

Thai stocks drop on escalating war in Mideast

Nuntawun Polkuamdee and online reporters, Published on 09/03/2026

» The Stock Exchange of Thailand dived on Monday amid the escalating war in the Middle East, as oil prices moved beyond US$100 a barrel.

BUSINESS

Stocks and bonds drop on oil’s surge, dollar gains

Bloomberg, Published on 09/03/2026

» Crude oil surged above $100 a barrel for the first time since 2022 due to escalating hostilities in the Middle East and worsening strains on oil shipping, sending stocks and Treasuries lower.

BUSINESS

War risks weigh on markets, crypto

Business, Nuntawun Polkuamdee, Published on 09/03/2026

» A prolonged Middle East conflict could weigh heavily on global financial markets, triggering a broad risk-off environment that pressures equities and cryptocurrencies while increasing volatility across asset classes.

BUSINESS

Conflict clouds outlook for Thai vehicle exports

Business, Ranjana Wangvipula, Published on 09/03/2026

» The auto industry could record sluggish car exports this year following the outbreak of war in the Middle East, which also raises inflation concerns if the conflict is prolonged, says Surapong Paisitpatanapong, vice-chairman of the Federation of Thai Industries and spokesman for its Automotive Industry Club.

BUSINESS

Thailand braces for fallout from Mideast war

Business, Wichit Chantanusornsiri, Molpasorn Shoowong and Nareerat Wiriyapong, Published on 09/03/2026

» Thailand's fragile economic recovery faces fresh challenges after war erupted between a US-Israel alliance and Iran.

BUSINESS

Climate pressure spurs Thailand's energy revamp

Business, Yuthana Praiwan, Published on 09/03/2026

» Thailand's clean power supply and energy trade are poised for changes under the draft Power Development Plan (PDP), which will shape the country's electricity landscape from 2026 to 2050.

BUSINESS

Hostel association targets reform and growth

Business, Molpasorn Shoowong, Published on 09/03/2026

» The Hostel and Small Accommodation Association (Thailand) has urged the new government to continue pushing for a new accommodation act for small hotels, but strongly opposes allowing condo units to be registered as legal lodging.

BUSINESS

Asian equities endure worst week since March 2020

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 07/03/2026

» RECAP: Asian equity markets steadied on the final trading day of a volatile week, even as the Mideast conflict raged on. With a 6.4% decline, the MSCI Asia Pacific Index had its worst week since March 2020.