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Search Result for “global economy”

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BUSINESS

BMW faces flat sales amid rising oil prices

Lamonphet Apisitniran, Published on 20/03/2026

» Rising crude oil price volatility, fuelled by escalating tensions between the US and Iran, is threatening to stall Thailand's automotive recovery, with luxury car sales projected to remain flat this year, according to BMW Group Thailand.

BUSINESS

Insurers look to manage risk from Middle East conflict

Business, Nareerat Wiriyapong, Published on 20/03/2026

» Insurance companies have taken steps to cautiously manage their risk exposure amid intensifying conflicts in the Middle East, which has resulted in the cost of war insurance coverage for ships in the Gulf region to reach "unprecedented levels".

BUSINESS

Baht may fall to 35 per dollar if war persists

Business, Somruedi Banchongduang, Published on 20/03/2026

» The baht is expected to weaken to 34-35 to the US dollar if the Middle East conflict drags on for two months, pushing oil prices above US$100 per barrel, according to Kasikorn Research Center (K-Research).

WORLD

Hacker says they compromised millions of confidential police tips held by US firm

Reuters, Published on 19/03/2026

» WASHINGTON - A hacker says they have broken ​into a US platform ‌for searching law enforcement hotline messages and compromised more than 8 million confidential tips.

THAILAND

Primus invests B120m to launch Zeekr flagship on Ratchaphruek

Published on 19/03/2026

» Primus Group continues its strong momentum, capitalising on the rapid growth of Thailand’s electric vehicle (EV) market. The company has invested over 120 million baht to launch “Zeekr House Primus,” a new flagship showroom on Ratchaphruek Road, while also preparing to expand into Northern Thailand with a new showroom in Chiang Mai, targeting the premium EV segment.

THAILAND

ONE Championship: Imangazaliev fails hydration, Nabil survives scare at Friday Fights 147 weigh-ins

Nick Atkin, Published on 19/03/2026

» ONE Championship’s Friday Fights 147 weigh-ins delivered high drama on Thursday – with main event implications shifting sharply before a punch has even been thrown.

WORLD

Trump demands halt to energy facility attacks

Bloomberg News, Published on 19/03/2026

» US President Donald Trump has called on Israel and Iran to stop attacks on energy facilities as the war in the Middle East escalated, with damage to key oil and gas infrastructure triggering a fresh surge in prices.

BUSINESS

China cutting back fertiliser exports

Reuters, Published on 19/03/2026

» China is clamping down on fertiliser exports to protect its domestic market, industry ​sources say, putting an additional strain on global markets already grappling with shortages caused by the US-Israeli war on Iran.

THAILAND

Pheu Thai submits eight ministerial picks to PM Anutin

Online Reporters, Published on 19/03/2026

» The Pheu Thai Party has submitted the names of its eight cabinet nominees to Prime Minister Anutin Charnvirakul while expressing confidence that the Bhumjaithai Party-led coalition government will remain stable throughout its four-year term.

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.