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Search Result for “financial crisis”

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WORLD

US says wouldn't be 'happy' if Russia giving Iran intel

AFP, Published on 11/03/2026

» WASHINGTON (UNITED STATES) - The White House said Tuesday that President Donald Trump would not be "happy" if Russia is sharing intelligence with Iran during the Middle East war, but it held back any strong criticism for Moscow.

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

Banks tighten digital checks to curb mule accounts

Business, Somruedi Banchongduang, Published on 11/03/2026

» Banks are tightening monitoring of digital transactions to prevent the use of mule accounts, as fraudsters shift their activities after stricter controls were imposed on conventional bank accounts.

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.

OPINION

A prudent path

Oped, Postbag, Published on 11/03/2026

» Re: "Thailand braces for fallout from Mideast war", (Business, March 9). While we wish the leading political party in the new government fortitude and resilience in its efforts to steer Thailand through these turbulent times, we must also remind ourselves of the wise counsel of King Bhumibol Adulyadej the Great when he proposed the Sufficiency Economy as the most viable philosophy to help Thailand surmount the challenges of external threats and global shifts in economics and political destabilisation.

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

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,