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BUSINESS

Thai refineries squeezed by diesel price controls

Business, Published on 23/04/2026

» Thailand's oil refining sector is facing renewed pressure as diesel price controls and rising financial losses threaten to erode profitability, according to a research note by CLSA.

BUSINESS

Capital return focus intensifies at ttb

Business, Somruedi Banchongduang, Published on 23/04/2026

» TMBThanachart Bank (ttb) has expanded its share repurchase programme to 35 billion baht and extended the scheme for three years as part of its financial management strategy amid sluggish loan growth.

BUSINESS

The fading of US exceptionalism

Business, Kean Tan, Published on 23/04/2026

» Asset performance in the first quarter of 2026 can be divided into two phases: before and after the onset of the Iran war. Before the war, long-term structural trends were the main drivers of asset class performance. US equities were underperforming the rest of the world, with US hyperscalers leading the relative downward move, weighed down by concerns about the monetisation of their AI infrastructure spending.

BUSINESS

Huge oil bet precedes Trump ceasefire extension

Reuters, Published on 22/04/2026

» LONDON - Traders placed ⁠a ⁠series of bets worth $430 million ​on a drop in crude oil prices just 15 minutes before US President ​Donald Trump said he would extend a ‌ceasefire with Iran on Tuesday.

BUSINESS

PM Anutin welcomes outlook upgrade by Moody’s

Mongkol Bangprapa and Reuters, Published on 22/04/2026

» Prime Minister Anutin Charnvirakul has welcomed the decision by Moody’s Investors Service to revise Thailand’s credit outlook from “negative” to “stable” while affirming its sovereign rating at Baa1.

BUSINESS

President allots 1 billion baht for new flour mill

Business, Kuakul Mornkum, Published on 22/04/2026

» SET-listed President Bakery, the producer and distributor of bakery products under the Farmhouse brand, plans to invest around 1 billion baht for a new flour mill, while insisting it plans to maintain product prices for now despite increasing production costs.

BUSINESS

Fuel surcharges jump as airlines tighten schedules

Business, Narumon Kasemsuk, Published on 22/04/2026

» Local airlines have continued to reduce capacity by consolidating less profitable flights into remaining services to stay afloat amid rising jet fuel prices, while Japan Airlines and ANA announced a doubling of fuel surcharges, with Thailand-bound fuel surcharges increasing from about 3,000 baht to 6,000 baht.

BUSINESS

Industrial land prices flat as Chinese investors sell up

Business, Kanana Katharangsiporn, Published on 22/04/2026

» Despite strong demand, average asking prices for industrial land are expected to remain flat due to an influx of land from Chinese investors unable to lease or operate businesses on their plots, according to property consultancy Cushman & Wakefield Thailand.

BUSINESS

Wary response to borrowing plan

Business, Wichit Chantanusornsiri, Kuakul Mornkum and Nareerat Wiriyapong, Published on 22/04/2026

» The government is preparing to issue an emergency decree to borrow 500 billion baht and raise the public debt ceiling, according to a news report on Monday.

BUSINESS

Trump's Fed pick vows to safeguard independence

AFP, Published on 21/04/2026

» WASHINGTON - Kevin Warsh, Donald Trump’s choice to lead the US Federal Reserve, vowed on Tuesday to protect central bank independence at his confirmation hearing, despite intense pressure from the president.