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Search Result for “financial crisis”

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THAILAND

Consumer product prices capped but fuel costs will rise

Online Reporters, Published on 24/03/2026

» The government is capping prices of essential consumer products while confirming that there is enough fuel for vehicles and electricity generation, but their prices will have to rise due to increasing costs in global markets.

BUSINESS

The BTS ARMY is coming to a city near you, armed with B174bn in spending power

Reuters, Published on 24/03/2026

» SEOUL - For Maria Herrera, ⁠a utility employee from Vancouver, ⁠the trade-off to watch a ​performance by Kpop supergroup BTS on Saturday in Seoul was simple: Weeks of extra shifts at her job and roughly C$5,000 (118,500 baht) for a week in Seoul.

THAILAND

HKTDC sees strong potential for Thailand—Hong Kong cooperation in greentech and green finance

Published on 24/03/2026

» The Hong Kong Trade Development Council (HKTDC) stated that there is great potential for Thailand and Hong Kong to expand cooperation in green technology and green finance, aligning with their shared direction toward sustainable economic development. The GreenBiz HK event, held in Bangkok on March 17 to 20, 2026, fostered investment opportunities and green innovation across the region.

BUSINESS

Vietnam Airlines to suspend some routes as jet fuel risks rise

Bloomberg, Published on 24/03/2026

» Vietnam Airlines will temporarily suspend flights on some domestic routes as jet fuel shortages and rising fuel prices caused by the conflict in the Middle East start to impact the nation’s air travel.

BUSINESS

Oil price spike threatens to cut Thai GDP growth, raise inflation

Business, Boonsong Lipimas, Published on 24/03/2026

» A rise in global oil prices poses a growing risk to Thailand's economic outlook, with Tisco Financial Group warning that a 10% increase in crude from a baseline of US$72 per barrel could trim GDP growth by 0.3-0.4 percentage points, while lifting inflation by about 0.8%.

BUSINESS

Thai oil crisis eases after state takes action

Business, Yuthana Praiwan, Published on 24/03/2026

» The Department of Energy Business (DOEB) says Thailand's fuel shortage crisis is beginning to ease following a series of government interventions aimed at stabilising supply and distribution.

BUSINESS

Gold to see long-term downward trend

Business, Nareerat Wiriyapong, Published on 24/03/2026

» The price of gold will be confirmed to be on a long-term downward trend if it fails to stay above US$4,100 per ounce, which could occur this week amid escalating tensions and a prolonged conflict in the Middle East, traders say.

BUSINESS

Baht set to fall further amid Mideast wartime pressures

Business, Somruedi Banchongduang, Published on 24/03/2026

» The baht is expected to depreciate to 33.50 per US dollar this week after testing a nine-month low of 33 on Monday, amid heightened uncertainties surrounding the conflict in the Middle East.

THAILAND

Democrats unveil price tracking tool

News, Post Reporters, Published on 24/03/2026

» The Democrat Party has urged the government to explain persistent fuel shortages and launched a digital platform to crowdsource reports of unusual price hikes.

WORLD

On Iran, Trump executes his most spectacular U-turn yet

AFP, Published on 24/03/2026

» WASHINGTON (UNITED STATES) - International markets and the world at large have grown used to US President Donald Trump's abrupt reversals, but Monday's about-face on Iran was one of his most spectacular yet.