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Search Result for “exchange rate”

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THAILAND

Fugitive businessman sought in B76m crypto fraud

Wassayos Ngamkham, Published on 10/03/2026

» Police are pressing ahead with a case against fugitive businessman Worawat “Acme” Narknawdee, the husband of a TV actress, over a cryptocurrency investment scheme that has left dozens of victims out of pocket, with losses estimated at 76 million baht.

BUSINESS

Economist warns Thailand could encounter stagflation

Nareerat Wiriyapong, Published on 10/03/2026

» Thailand is at risk of stagflation as oil prices skyrocket during the Middle East conflict, while the new government has yet to take office and is unable to take steps to prop up a weak economy, says economist Amonthep Chawla.

THAILAND

ThaiNamthip Coca-Cola recognized with Outperforming Enterprises Thailand Award 2025

Published on 10/03/2026

» Bangkok, March 10, 2026 – ThaiNamthip Coca-Cola has been named among the recipients of the Outperforming Enterprises Thailand Award 2025, organised by Hewitt Consulting, a human resources consulting firm in Thailand, in collaboration with the Sasin School of Management.

BUSINESS

Asian LNG buyers struggling to find supplies

Bloomberg News, Published on 10/03/2026

» Some Asian buyers of liquefied natural gas are struggling to find prompt cargoes after a war-related outage at the world’s largest export facility in Qatar tightened global supplies.

THAILAND

TCMA Strengthens Thailand-Canada Carbon Capture Partnership

Published on 10/03/2026

» The Thai Cement Manufacturers Association (TCMA) is strengthening its collaboration with Canada's Saskatchewan government, the University of Regina and global partners to accelerate the implementation of Carbon Capture, Utilisation and Storage (CCUS) technologies in Thailand.

BUSINESS

Rising energy costs imperil Thai manufacturer's profits

Business, Kuakul Mornkum, Published on 10/03/2026

» Geopolitical conflicts in the Middle East are driving up energy costs, potentially affecting the logistics operations and packaging manufacturing arm of SET-listed Osotspa Plc (OSP), a Thai consumer product manufacturing conglomerate.

BUSINESS

Thai bourse buoyant on return of foreign investors

Nuntawun Polkuamdee, Published on 10/03/2026

» The Stock Exchange of Thailand (SET) has expressed confidence that foreign investors will return to Thai equities once geopolitical tensions subside, noting that Thailand could serve as a regional safe haven and that the bourse has robust mechanisms to manage volatility during periods of crisis.

BUSINESS

Thailand's smartphone market likely to face contraction

Business, Suchit Leesa-nguansuk, Published on 10/03/2026

» Thailand's smartphone market is likely to contract amid economic uncertainty, the Middle East conflict and rising memory component costs, according to Thai Samsung Electronics Co.

BUSINESS

Oil shortage hits petrochemical output

Nareerat Wiriyapong, Published on 09/03/2026

» The current “oil shock” has begun to affect companies on the Stock Exchange of Thailand (SET), with industrial conglomerate Siam Cement (SCC) suspending operations at its petrochemical unit in Map Ta Phut due to insufficient feedstock amid the Middle East war, analysts say.

BUSINESS

Energy price spike threatens global economic recovery

Somruedi Banchongduang, Published on 09/03/2026

» Global oil prices have entered a “danger zone” after surging to around US$110 per barrel following reports that an Iranian oil storage facility had been struck, warned Bangkok Bank’s (BBL) chief economist.