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Search Result for “incentives groups”

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BUSINESS

Middle East markets hit hardest by Iran conflict

Business, Narumon Kasemsuk, Published on 04/04/2026

» Middle Eastern markets, particularly Israeli arrivals, have been hit the hardest by the Gulf war, with more than 120,000 airline seats lost, while the US is expected to be the only long-haul market still solid in the coming months, according to the Thai Hotels Association (THA).

BUSINESS

Xpeng eyes Thai plant as EV demand surges

Lamonphet Apisitniran, Published on 03/04/2026

» Chinese electric vehicle maker Xpeng is conducting a feasibility study on establishing a manufacturing plant in Thailand to support its export market, with a final decision expected within 1-2 years.

BUSINESS

Commercial EVs picked to propel Thai boom

Business, Lamonphet Apisitniran, Published on 02/04/2026

» Thailand's battery electric vehicle (BEV) market is expected to gain significant momentum this year, with sales projected to surpass 120,000 units partially due to soaring oil prices, says the Electric Vehicle Association of Thailand (EVAT).

BUSINESS

Polluted Chiang Mai to suffer at Songkran

Business, Molpasorn Shoowong, Published on 02/04/2026

» Northern tourism operators expect a poor showing during the Songkran holiday as the region remains choked by smog, amid weak spending attributed to the war in the Middle East and the subsequent oil shock.

BUSINESS

Banks raise reserves to deal with effects of war

Somruedi Banchongduang, Published on 01/04/2026

» Thai banks are increasing their loan-loss reserves to prepare for the impact of a prolonged war in the Middle East and to support a growing number of vulnerable customers.

BUSINESS

Food exports poised to drop by over 7%

Business, Somhatai Mosika, Published on 01/04/2026

» Food exports are projected to decline by 7.3% year-on-year to 1.4 trillion baht this year, possibly hitting their lowest level in five years due to Middle East conflicts, say industry groups.

BUSINESS

Stronger baht hurts travel

Business, Molpasorn Shoowong, Published on 01/04/2026

» The tourism sector could lose 15-17% of revenue if the baht strengthens beyond 30 per US dollar, according to a former governor of the Tourism Authority of Thailand (TAT).

BUSINESS

Selective strategies key amid energy price surge

Business, Nuntawun Polkuamdee, Published on 01/04/2026

» Thailand's equity market is bracing for renewed cost pressures as energy prices surge, echoing patterns seen during earlier stages of the Russia-Ukraine war, with analysts urging selective positioning amid rising inflation risks, says Bualuang Securities (BLS).

BUSINESS

Cautious investments urged amid chaos of Mideast war

Business, Nuntawun Polkuamdee, Published on 31/03/2026

» Investors are being advised to raise cash positions amid heightened volatility in the Middle East, says InnovestX Securities, warning that a prolonged conflict could materially weaken Thailand's economic outlook while amplifying fiscal and financial risks.

BUSINESS

Energy wake-up call

Business, Somhatai Mosika, Suchit Leesa-nguansuk and Komsan Tortermvasana, Published on 30/03/2026

» Business leaders are calling for the government to study long-term energy security strategies to reduce reliance on imported energy and expand access to renewable sources in the wake of the ongoing crisis stemming from war in the Middle East.