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BUSINESS

Tourism braces for impact of Mideast war

Business, Narumon Kasemsuk, Published on 10/03/2026

» Thai tourism should brace for an influx of foreigners seeking a safe haven amid growing geopolitical conflict, similar to the surge experienced during the Russia-Ukraine War a few years ago, when Russian arrivals rose to 1.74 million in 2024, significantly impacting property markets in tourism cities.

BUSINESS

Thailand's smartphone market likely to face contraction

Business, Suchit Leesa-nguansuk, Published on 10/03/2026

» Thailand's smartphone market is likely to contract amid economic uncertainty, the Middle East conflict and rising memory component costs, according to Thai Samsung Electronics Co.

WORLD

Four years after banning Russia, FIFA and IOC passive in the face of war

AFP, Published on 10/03/2026

» LAUSANNE - Four years after world sport rushed to ban Russia for invading Ukraine, the leading governing bodies are reacting guardedly to the US-led attack on Iran, raising accusations of double standards.

BUSINESS

Oil shortage hits petrochemical output

Nareerat Wiriyapong, Published on 09/03/2026

» The current “oil shock” has begun to affect companies on the Stock Exchange of Thailand (SET), with industrial conglomerate Siam Cement (SCC) suspending operations at its petrochemical unit in Map Ta Phut due to insufficient feedstock amid the Middle East war, analysts say.

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.

THAILAND

TAT holds “Big Heart, No Worries – Frying Chicken, Not Abandoning” under “Smile @ South” campaign

Published on 09/03/2026

» On March 8, 2026, the Tourism Authority of Thailand (TAT), in collaboration with the Kao Kon La Kao Foundation, Hat Yai Municipality and local partners, organised the event “Big Heart, No Worries – Frying Chicken, Not Abandoning” under the “Smile @ South” campaign.

THAILAND

Thailand plans wire fence on southern border

Online Reporters, Published on 09/03/2026

» Thailand plans to erect security fencing to close off illegal waterway crossings along the border with Malaysia, to combat smuggling and other border crime between Narathiwat in Thailand and Kelantan in Malaysia.

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

Thai tourism faces B40bn revenue collapse

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

» Thailand could lose more than 40 billion baht in tourism revenue in the worst-case scenario, assuming the Middle East airspace closure lasts for eight weeks, says the Tourism and Sports Ministry.

SUSTAINABILITY

Exporters confront carbon footprints

Business, Somruedi Banchongduang, Published on 09/03/2026

» Thai exporters are under growing pressure to accelerate their transition to low-carbon production, as the EU's Carbon Border Adjustment Mechanism (CBAM) came into force on Jan 1, though its effects have been felt for several years.