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Search Result for “financial crisis”

Showing 1 - 10 of 10,000

BUSINESS

Penalties vowed for gas gouging

Business, Yuthana Praiwan, Published on 20/03/2026

» Caretaker energy minister Auttapol Rerkpiboon has vowed to take action against petrol station operators who charge prices that exceed government-regulated, subsidised levels, while pledging to intensify efforts to ensure smooth oil distribution nationwide.

THAILAND

Stricter checks for 5-million-baht withdrawals from April 1

Online Reporters, Published on 19/03/2026

» Financial institutions in Thailand will designate any cash withdrawal of 5 million baht or more in a single day as a high‑risk transaction from April 1, 2026, with customers required to provide clear explanations and supporting documents on the source and purpose of the funds.

THAILAND

Global oil prices may exceed USD 100 soon, cutting Thailand’s 2026 GDP by 0.2–0.7%

Published on 19/03/2026

» KASIKORN RESEARCH CENTER (KResearch) expects the potentially prolonged conflict in the Middle East to keep oil prices above USD 100 per barrel over the coming months. This would put pressure on the Thai economy and push inflation towards the upper bound of the Bank of Thailand’s (BOT) inflation target range.

BUSINESS

Ministry moves to stabilise prices

Business, Published on 19/03/2026

» The Commerce Ministry plans to review the price control list to ensure it better reflects the current market, with the possibility of adding more essential items.

LEARNING

1,000 flights to Thailand cancelled amid Mideast war

Gary Boyle, Published on 19/03/2026

» Since war erupted in the Middle East late last month, about 1,000 Thailand-bound flights have been cancelled, according to Aeronautical Radio of Thailand.

BUSINESS

Higher power prices prompts push for solar

Business, Yuthana Praiwan, Published on 19/03/2026

» Small businesses and households are being urged to reduce their reliance on the state electricity grid and adopt solar power solutions, as global energy price volatility threatens to drive up costs, despite Thailand's capped power tariffs, according to solar firms.

BUSINESS

Analysts warn of war's impact on sector

Business, Nareerat Wiriyapong, Published on 19/03/2026

» Thai banks risk realising negative impacts from the US-Israeli military strikes on Iran, especially if oil prices remain above US$100 per barrel, potentially forcing them to set aside extra provisions or expected credit losses for management overlay from the conflicts, say analysts.

BUSINESS

Inflation-hit Bangkok Bank customers offered assistance

Business, Somruedi Banchongduang, Published on 19/03/2026

» Bangkok Bank (BBL) is monitoring the impact of rising energy and raw material costs on its customers and is ready to extend financial support, says president Chartsiri Sophonpanich.

THAILAND

PACC targets drug-linked officials

News, Post Reporters, Published on 19/03/2026

» The Public Sector Anti-Corruption Commission (PACC) is joining forces with the Office of the Narcotics Control Board (ONCB) and other agencies to crack down on state officials implicated in drug-related activities, warning that senior officers will not escape accountability.

THAILAND

Gold shop safety measures expanded

Wassayos Ngamkham, Published on 19/03/2026

» As gold prices reach record highs due to the war in the Middle East, police are stepping up efforts to prevent robberies targeting gold shops in Bangkok and other major cities.