Showing 1 - 10 of 1,030
UAE quits Opec in blow to global oil cartel
Reuters, Published on 28/04/2026
» DUBAI - The United Arab Emirates said on Tuesday it was quitting Opec and Opec+, dealing a heavy blow to the oil exporting groups and their de facto leader, Saudi Arabia, at a time when the Iran war has caused a historic energy shock and unsettled the global economy.
Car market posts growth in March
Business, Lamonphet Apisitniran, Published on 28/04/2026
» Thailand's domestic car market accelerated in March, with sales climbing 7% year-on-year to 59,865 units, driven by surging demand for electric vehicles (EVs) as consumers sought relief from rising oil prices amid Middle East tensions, according to the Federation of Thai Industries (FTI).
Investors revert back to 'risk-on' mode
Business, Nuntawun Polkuamdee, Published on 28/04/2026
» Global financial markets are shifting back into a "risk-on" mode as investors increasingly look beyond geopolitical tensions and refocus on macroeconomic signals and policy direction, says Asia Plus Securities (ASPS).
Thai SMEs urged to seek new markets amid shipping hurdles
Business, Wichit Chantanusornsiri, Published on 28/04/2026
» Exports by Thai small and medium-sized enterprises (SMEs) are expected to be adversely affected by changes in shipment patterns, says the head of the Export-Import (Exim) Bank of Thailand.
Thailand touts $31 billion 'Land Bridge' plan amid Hormuz crisis, courts Singapore
Reuters, Published on 27/04/2026
» The closure of the Strait of Hormuz has given Thailand impetus to advance a longstanding plan to create a logistics link between the Indian and Pacific oceans, with its government on Monday seeking to court Singapore as a potential investor.
Japan bathhouses in deep water as energy costs boil over
Kyodo News, Published on 27/04/2026
» Traditional public bathhouses in Japan are in deep water as soaring energy costs triggered by the Middle East oil supply disruptions threaten to extinguish the fires of a fading tradition, with some of them forced to shorten their hours or even shut their doors for good.
Oil climbs nearly 2% as US-Iran peace talks stall
Reuters, Published on 27/04/2026
» SINGAPORE - Oil prices extended gains on Monday, rising nearly 2% as peace talks between the United States and Iran stalled while shipments through the Strait of Hormuz remained limited, keeping global oil supplies tight.
Rising oil, power costs weigh on steel
Business, Lamonphet Apisitniran, Published on 27/04/2026
» Thailand's steel and iron industry is reeling from the impact of soaring oil prices triggered by the Middle East conflict, as higher shipping costs for imported iron ore -- the key raw material for steelmaking -- push production expenses to new heights.
Nation prepares for long, hot dry season
Business, Wichit Chantanusornsiri, Nareerat Wiriyapong and Somhatai Mosika, Published on 27/04/2026
» The likelihood of a "super El Niño" poses a serious threat to Thailand's agricultural sector, particularly rice production, potentially increasing food security risks.
Trade experts outline Thai export scenarios
Business, Somhatai Mosika, Published on 25/04/2026
» Exports for the year are projected to range from growth of 8% to a 3% contraction, depending on geopolitical developments, global economic growth and inflation, according to the Trade Policy and Strategy Office (TPSO).