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Search Result for “asean peace plan myanmar”

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BUSINESS

Songkran spending set to fall this year

Kuakul Mornkum, Published on 09/04/2026

» The University of the Thai Chamber of Commerce (UTCC) has revised down its forecast for this year’s Songkran spending to as low as 120 billion baht, from a previous 129.6 billion baht, citing rising diesel prices.

BUSINESS

Long break eases pressure on oil reserves

Business, Yuthana Praiwan, Published on 09/04/2026

» The long holiday during the Songkran festival may ease pressure on Thailand's oil reserves, as demand for diesel is expected to decrease during this period, says the Department of Energy Business.

BUSINESS

Mideast truce met with market caution

Business, Nareerat Wiriyapong and Somhatai Mosika, Published on 09/04/2026

» Business leaders and analysts gave a lukewarm welcome to the two-week ceasefire deal between the US and Iran, saying the proposed conditions of the truce seem difficult for both sides to agree to, while significant uncertainties remain, particularly ahead of their Islamabad talks on April 10.

BUSINESS

Rising middle classes and the new consumption story

Business, Rewin Pataibunlue, Published on 09/04/2026

» The global consumer landscape is being reshaped by the rapid expansion of the middle class, particularly across Asia, giving rise to a new consumption story defined not just by growth, but by selectivity and shifting priorities.

BUSINESS

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.

BUSINESS

Crude prices plunge, stocks surge as US and Iran agree ceasefire

AFP, Published on 08/04/2026

» HONG KONG — Oil prices plunged on Wednesday while stocks rallied after the United States and Iran agreed to a two-week ceasefire that will see Tehran temporarily reopen the vital Strait of Hormuz.

BUSINESS

Proposed tax on arrivals draws mixed reactions

Business, Molpasorn Shoowong, Published on 08/04/2026

» Tourism operators have expressed mixed views on the new government's plan to levy a 300‑baht tourism tax, as it may affect travel sentiment amid sluggish tourism caused by the Middle East crisis.

BUSINESS

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. 

BUSINESS

True partnership targets AI adoption in Thai companies

Business, Komsan Tortermvasana, Published on 07/04/2026

» True Digital Academy has partnered with global tech consultancy Thoughtworks to help local companies shift to artificial intelligence (AI)-first enterprises.

BUSINESS

Office eyes B40bn via infrastructure funds

Business, Wichit Chantanusornsiri, Published on 07/04/2026

» Several state-owned enterprises (SOEs) are expected to raise a combined 40 billion baht through infrastructure funds, helping to ease the government's public debt burden as such liabilities are not classified as public debt, says the chief of the State Enterprise Policy Office (Sepo).