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Search Result for “financial crisis”

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BUSINESS

Fiscal position ‘sufficient’ for fuel subsidies

Wichit Chantanusornsiri, Published on 10/03/2026

» The government is in good fiscal condition, with a buffer of 300 billion baht if it needs to guarantee loans for the Oil Fuel Fund for subsidies, according to the Ministry of Finance.

BUSINESS

Thai travel agents pessimistic about long-haul rmarket recovery

Narumon Kasemsuk, Published on 10/03/2026

» Thailand’s tourism industry is struggling with the sudden impact from the Middle East conflict on long‑haul travel, with weekly arrivals down 13% due to flight disruptions.

THAILAND

No fuel crisis, no need to hoard, says energy minister

Post Reporters, Published on 10/03/2026

» Thailand does not face a fuel crisis as a consequence of the Mideast war, Energy Minister Atthapol Rerkpiboon said on Tuesday. Supplies are being delivered gradually, according to schedule and available storage capacity, and there is no need for hoarding, 

THAILAND

Govt officials ordered to work from home, suspend overseas trips

Online Reporters, Published on 10/03/2026

» 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 Mideast war's impact.

WORLD

Asia airlines hike fares, eye groundings on fuel crunch risk

Bloomberg News, Published on 10/03/2026

» SINGAPORE — 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

Trump says will waive some oil sanctions as Iran war roils markets

AFP, Published on 10/03/2026

» DORAL (UNITED STATES) - US President Donald Trump said Monday that he will waive some sanctions on oil to boost supply and bring down prices, due to market turmoil over war in the Middle East.

WORLD

Iran war has airlines reviewing growth plans as fuel surges

Bloomberg, Published on 10/03/2026

» Until last month, airlines couldn’t get new aircraft fast enough, with both Airbus SE and Boeing struggling to keep up with surging demand. 

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

Tourism braces for impact of Mideast war

Business, Narumon Kasemsuk, Published on 10/03/2026

» Thai tourism should brace for an influx of foreigners seeking a safe haven amid growing geopolitical conflict, similar to the surge experienced during the Russia-Ukraine War a few years ago, when Russian arrivals rose to 1.74 million in 2024, significantly impacting property markets in tourism cities.

BUSINESS

Restaurants call for anti-inflation support

Business, Somhatai Mosika, Published on 10/03/2026

» The Thai Restaurant Association is calling on the government to support the restaurant industry amid the ongoing conflict in the Middle East.