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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).
PTG denies fuel profiteering allegations
Business, Yuthana Praiwan, Published on 04/04/2026
» PTG Energy, a SET-listed oil trader under the PT brand, has dismissed speculation that it was hoarding fuel for profit, adding it has no plans to pursue legal action against those spreading the accusations.
Mideast uncertainty keeps pressure on equities
Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 04/04/2026
» RECAP: Asian shares remained under pressure yesterday amid dimming hopes for a swift end to the Middle East conflict, though reports that Oman and Iran were drafting terms for reopening the Strait of Hormuz offered some respite. Volumes were thin with some markets closed for the Good Friday holiday.
EV demand fuels Krungsri Auto's expansion plans
Somruedi Banchongduang, Published on 03/04/2026
» Krungsri Auto, the automotive finance arm of Krungsri (Bank of Ayudhya), aims to maintain its leadership in electric vehicle (EV) lending as demand rises amid surging oil prices.
Gold retreats as Fed rate hopes fade
Business, Nareerat Wiriyapong, Published on 03/04/2026
» Gold prices remain under downward pressure after United States President Donald Trump's statement on the ongoing military campaign in Iran, which dampened hopes of an interest rate cut. Analysts predict a key support range of US$4,400 an ounce and 66,900 baht for the domestic price.
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.
Scoot bookings strong despite Gulf strife
Business, Narumon Kasemsuk, Published on 02/04/2026
» Scoot, the low-cost subsidiary of Singapore Airlines, continues to register strong air travel demand from regions unaffected by the Gulf war across seven destinations in Thailand and plans to expand into secondary regional cities, supported by the delivery of nine Embraer E190‑E2 aircraft.
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).
Oil turmoil speeds up Thailand's electric shift
Business, Lamonphet Apisitniran, Published on 02/04/2026
» Banks and car buyers are increasingly shifting towards battery electric vehicles (BEVs) as surging oil prices, fuelled by Middle East tensions, reshape Thailand's auto market, says Ford Thailand.
Fuel crisis powers surge in EV interest in Asia
Reuters, Published on 01/04/2026
» Motorists across the Asia-Pacific region are switching to electric vehicles at a rapid pace, as rising fuel costs due to the Middle East war force consumers and companies to reconsider their reliance on petrol and diesel vehicles.