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Middle East markets hit hardest by Iran conflict
Business, Narumon Kasemsuk, Published on 04/04/2026
» Middle Eastern markets, particularly Israeli arrivals, have been hit the hardest by the Gulf war, with more than 120,000 airline seats lost, while the US is expected to be the only long-haul market still solid in the coming months, according to the Thai Hotels Association (THA).
Oil refineries in the spotlight
Business, Yuthana Praiwan, Published on 04/04/2026
» A proposal for the government to intervene in oil refinery costs and profits was not included as one of the seven measures recently unveiled to ease the consumer impact of surging global crude oil prices.
Mideast uncertainty keeps pressure on equities
Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 04/04/2026
» RECAP: Asian shares remained under pressure yesterday amid dimming hopes for a swift end to the Middle East conflict, though reports that Oman and Iran were drafting terms for reopening the Strait of Hormuz offered some respite. Volumes were thin with some markets closed for the Good Friday holiday.
Proposal for regional tourism network
Business, Narumon Kasemsuk, Published on 03/04/2026
» Thai tourism should ramp up its targets in six potential markets reachable via six-hour flights to mitigate the impact of the oil crisis, while leveraging 12 million outbound travellers to foster two-way tourism that benefits all markets, according to the Association of Thai Travel Agents (Atta).
TQM premium growth target remains on track
Business, Nareerat Wiriyapong, Published on 03/04/2026
» Despite near-term challenges from the Middle East war, TQM Insurance Broker remains on track to grow its premiums by 8-10% to 22 billion baht this year thanks to booming electric vehicle (EV) policies due to elevated oil prices.
Scoot bookings strong despite Gulf strife
Business, Narumon Kasemsuk, Published on 02/04/2026
» Scoot, the low-cost subsidiary of Singapore Airlines, continues to register strong air travel demand from regions unaffected by the Gulf war across seven destinations in Thailand and plans to expand into secondary regional cities, supported by the delivery of nine Embraer E190‑E2 aircraft.
Commercial EVs picked to propel Thai boom
Business, Lamonphet Apisitniran, Published on 02/04/2026
» Thailand's battery electric vehicle (BEV) market is expected to gain significant momentum this year, with sales projected to surpass 120,000 units partially due to soaring oil prices, says the Electric Vehicle Association of Thailand (EVAT).
True Shopping shuts amid expanding digital reboot
Business, Komsan Tortermvasana, Published on 02/04/2026
» True Shopping, operated by True GS, announced the closure of its home shopping business on April 1 after more than 14 years of operation, citing intensifying competition in the retail and e-commerce sectors.
Fuel crisis powers surge in EV interest in Asia
Reuters, Published on 01/04/2026
» Motorists across the Asia-Pacific region are switching to electric vehicles at a rapid pace, as rising fuel costs due to the Middle East war force consumers and companies to reconsider their reliance on petrol and diesel vehicles.
Thai business group cuts 2026 GDP growth forecast to 1.2%-1.6%
Reuters, Published on 01/04/2026
» Thailand's economy is expected to grow by 1.2% to 1.6% this year, a leading business group said on Wednesday, cutting its outlook from an earlier growth forecast of 1.6% to 2.0%.