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Search Result for “iran war southeast asia impact”

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BUSINESS

Coal units restarted to curb electricity costs

Business, Yuthana Praiwan, Published on 21/03/2026

» The Energy Regulatory Commission (ERC) has ordered the restart of two decommissioned units at the Mae Moh coal-fired power plant in a bid to contain rising electricity bills.

BUSINESS

Getting a handle on the oil confusion

Business, Yuthana Praiwan, Published on 21/03/2026

» An oil shortage at some petrol stations over the past week raised doubts as it contradicts the government's assurances of a stable fuel supply.

BUSINESS

Mideast conflict threatens Thai growth

Business, Somruedi Banchongduang, Published on 21/03/2026

» The Bank of Thailand is warning the war in the Middle East could weigh on Thailand's economy across multiple fronts, potentially dragging GDP growth below its 2% forecast for this year.

BUSINESS

Tourism groups eye B15bn stimulus

Business, Narumon Kasemsuk, Published on 21/03/2026

» Seven tourism associations under the Federation of Thai Tourism Associations (Fetta) have called for stimulus projects worth a combined 15 billion baht, including cash handouts to local tourists, to prevent an industry downturn due to the Gulf war.

BUSINESS

Oil declines as US, Israel seek to ease concerns over Iran war

Bloomberg, Published on 20/03/2026

» Oil dropped from its highest close since July 2022, as the leaders of the United States and Israel sought to reassure investors rattled by damage to major Persian Gulf energy facilities.

BUSINESS

Ethanol output cranked up to meet E20 demand

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

» Ethanol manufacturers are increasing production to serve growing demand for gasohol E20, aligning with the government's efforts to reduce Thailand's reliance on oil imports.

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).

BUSINESS

Consumer goods prices to rise soon as production costs soar

Business, Kuakul Mornkum and Somhatai Mosika, Published on 20/03/2026

» Major consumer product manufacturers and distributors are warning customers of possible price increases in April due to the Middle East war disrupting the oil supply chain.