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Search Result for “economy”

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WORLD

Russia jails 15 for life over 2024 concert hall attack

AFP, Published on 12/03/2026

» MOSCOW - A Russian court on Thursday sentenced 15 men — including four gunmen — to life in prison over the Crocus concert hall attack which left 150 people dead, the deadliest onslaught in Russia in more than two decades.

BUSINESS

Democrats urge use of high refining margins to bolster oil fund

Online Reporters, Published on 12/03/2026

» The Democrat Party has called on the government to divert windfall refining profits into the Oil Fuel Fund, warning that relying on subsidies of nearly 16 baht a litre to cap diesel prices risks shifting the burden onto the taxpaying public.

WORLD

Iran targets fuel facilities, sending oil soaring again

AFP, Published on 12/03/2026

» TEHRAN - Iran launched a new wave of attacks against Gulf energy targets on Thursday, hours after two oil tankers were hit, sending crude prices soaring again despite record reserve releases.

WORLD

Fear, boredom for Filipino sailors stuck in Hormuz strait

AFP, Published on 12/03/2026

» MANILA - Filipino sailor George Miranda was racing to help a stricken vessel aboard the tugboat Mussafah 2 when he last spoke to his wife and young daughter.

THAILAND

Suphachai Unites Leading Thai Business Leaders on New GCNT Board

Published on 12/03/2026

» The Global Compact Network Thailand (GCNT) has announced the appointment of its new Board of Directors, with Suphachai Chearavanont unanimously re-elected as Chairperson for another term by the Board of Directors. The Board brings together senior executives from Thailand’s leading private sector organisations across key industries, reinforcing the role of the private sector in advancing Thailand’s Sustainable Development Goals (SDGs) amid increasingly complex global risks.

PROPERTY

Homebuyers advised to decide quickly

Somruedi Banchongduang, Published on 12/03/2026

» Banks are urging prospective homebuyers to make purchasing decisions within the first half of the year before costs rise further, amid concerns that inflation could increase under wartime conditions.

BUSINESS

Budget disbursement to be expedited

Business, Wichit Chantanusornsiri, Published on 12/03/2026

» Caretaker finance minister Ekniti Nitithanprapas has instructed government agencies and state enterprises to accelerate budget disbursement to help support the economy during this difficult period.

THAILAND

Commerce minister urges calm amid Mideast‑driven price worries

Online Reporters, Published on 11/03/2026

» Caretaker Commerce Minister Suphajee Suthumpun has called on the public not to panic over the impact of the Middle East conflict on consumer goods and energy prices, insisting the government has contingency plans in place to cushion any economic fallout.

THAILAND

UOB, partners arrange record 28-billion-baht green loan for Thailand’s largest data centre

Published on 11/03/2026

» Bangkok, 6 March 2026 – UOB has led a consortium of five partner banks to jointly arrange a 28-billion-baht green term loan for DayOne Data Centres, supporting the development of one of Thailand’s largest and most scalable data centres. The financing will contribute to DayOne’s initial phase of the greenfield data centre at Chonburi Tech Park in Amata Industrial Park, with operations expected to begin in 2026. The development is DayOne’s inaugural data centre project in Thailand built off their strong foundation and portfolio across the region.

WORLD

Kharg Island: Iran's vital oil hub in the crosshairs?

AFP, Published on 11/03/2026

» PARIS — Kharg Island, a scrubby stretch of land in the northern Gulf, handles almost all of Iran's crude exports and any attempt to seize it would mark a major escalation in the conflict, analysts say.