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Search Result for “energy costs”

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WORLD

War in the Middle East: latest developments

AFP, Published on 11/03/2026

» WASHINGTON — Here are the latest events in the Middle East war:

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.

LIFE

Bangladesh sari weaving tradition hangs by a thread

AFP, Published on 11/03/2026

» TANGAIL — Bangladesh's Tangail sari is fighting for survival as weavers warn that automation and economic pressures are pushing the centuries-old craft to the brink despite its global acclaim.

THAILAND

Wind Energy Holding Sets THB 20bn Plan to Expand Renewable Portfolio

Published on 11/03/2026

» Wind Energy Holding has announced a five-year investment budget of 20,000 baht million for the period 2026–2030, advancing three strategic workstreams aimed at expanding its renewable energy portfolio to 2,000 megawatts. The company is confident that construction of a new 89.7 MW wind power plant in Thepharak District, Nakhon Ratchasima province, will commence by mid-2026.

LEARNING

Asia airlines hike fares

Gary Boyle, Published on 11/03/2026

» Airlines in Asia are raising ticket prices and mapping out contingency plans that include grounding planes as the escalating Middle East conflict threatens to trigger the worst oil shock since the 1970s.

WORLD

US targets Iran mine-laying as war causes oil market havoc

AFP, Published on 11/03/2026

» TEHRAN - The United States said Tuesday it was striking Iranian ships capable of mining the crucial Strait of Hormuz and threatened escalation if Tehran presses ahead, as the Middle East war wreaks havoc on global oil markets.

LEARNING

Govt officials ordered to work from home, suspend overseas trips

Gary Boyle, Published on 11/03/2026

» Caretaker Prime Minister Anutin Charnvirakul has ordered officials at government organisations and state enterprises to work from home and suspend overseas trips, as part of measures to cope with the Middle East war's impact.

BUSINESS

SCG halts olefins unit following Hormuz disruption

Business, Lamonphet Apisitniran, Published on 11/03/2026

» Industrial conglomerate Siam Cement Group (SCG) is temporarily shuttering its olefins plant in Rayong, though it remains confident its other businesses will continue to operate as normal during the conflict in Iran.

PROPERTY

Sansiri confident amid global turmoil

Kanana Katharangsiporn, Published on 11/03/2026

» Construction costs for housing and condo projects already launched remain largely unaffected by global uncertainties, although a prolonged rise in oil prices could push up building costs for new developments, says SET-listed developer Sansiri.

BUSINESS

Geopolitical risks cloud equity market outlook

Nuntawun Polkuamdee, Published on 11/03/2026

» Escalating tensions between Iran, the US and Israel could trigger a major military confrontation within 3-4 months, potentially driving crude oil prices as high as US$135 per barrel in a worst-case scenario, pundits warn.