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Search Result for “middle east market”

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BUSINESS

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.

BUSINESS

Thai Airways to almost double fuel surcharges this week

Online Reporters, Published on 28/04/2026

» Thai Airways International will raise its fuel surcharges by nearly 100% on many routes for tickets issued from May 1 onwards to cope with the soaring price of jet fuel.

BUSINESS

Finance Ministry cuts 2026 growth forecast to 1.6% due to Middle East war

Reuters, Published on 28/04/2026

» Thailand’s Ministry of Finance lowered its 2026 growth forecast to 1.6% from 2.0%, citing the impact of the war in the Middle East, and said government measures would provide some support to activity.

BUSINESS

Thai AirAsia adjusts, scraps flights as high fuel prices bite

Online Reporters, Published on 28/04/2026

» Thai AirAsia will reduce the frequency or temporarily halt flights on some routes, most notably to India, as it struggles with high jet fuel prices amid the continuing conflict in the Middle East.

BUSINESS

For the average price of a car in the US, you could buy 5 new Chinese EVs

Reuters, Published on 28/04/2026

» BEIJING - Call it ⁠a different kind of sticker shock.

BUSINESS

AIS, ReelShort partner on vertical drama

Business, Komsan Tortermvasana, Published on 28/04/2026

» Advanced Info Service (AIS) is expanding into the vertical series market by partnering with global storytelling platform ReelShort, strengthening its content leadership with the partner's vertical drama library of more than 4,000 premium titles across every genre.

BUSINESS

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).

BUSINESS

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).

BUSINESS

BoT set to leave interest rates unchanged

Business, Somruedi Banchongduang, Published on 28/04/2026

» Local research centres expect the Bank of Thailand to leave interest rates unchanged at Wednesday's meeting, adopting a wait-and-see approach amid the ongoing war in the Middle East.

BUSINESS

Officials set to consider increasing solar purchases

Business, Yuthana Praiwan, Published on 28/04/2026

» The National Energy Policy Council (NEPC) will meet on Wednesday to consider a plan to buy more solar power from households and businesses, with the intention of encouraging people to generate their own electricity.