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Search Result for “prepare”

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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

SCB X assists customers troubled by the war

Business, Somruedi Banchongduang, Published on 01/04/2026

» SCB X, a technology conglomerate and the holding company of Siam Commercial Bank (SCB), has extended assistance to customers affected by the war, with targeted measures initially focused on the tourism and export sectors.

BUSINESS

Call for fuel tax cut as crisis mounts

Business, Lamonphet Apisitniran, Published on 31/03/2026

» The Federation of Thai Industries (FTI) has called on the government to introduce urgent measures, including a possible excise tax reduction on fuel, to help small and medium-sized enterprises (SMEs) cope with escalating operating costs driven by surging global crude oil prices.

BUSINESS

Is the war a threat to subsea cable systems?

Business, Komsan Tortermvasana, Published on 28/03/2026

» State authorities and telecom operators are alert to potential risks to undersea cable systems stemming from the conflict in the Middle East, aiming to ensure their international connections in Thailand remain stable and unaffected.

BUSINESS

Thai hospital boom set to continue despite conflict

Business, Nareerat Wiriyapong, Published on 27/03/2026

» Though patients from the Middle East are shrinking as a result of war, analysts are upbeat about prospects for Thai hospitals this year as the country has emerged as a medical and wellness hub and is transitioning into a "super-aged" society.

BUSINESS

Authorities in talks on US tariffs and finalising FTAs

Business, Somhatai Mosika, Published on 24/03/2026

» The Thai authorities are actively engaged in negotiations with the United States regarding tariffs and the ongoing Section 301 investigation, while also aiming to finalise free trade agreements (FTAs) with key trade partners such as the European Union by the end of this year, according to the Department of Trade Negotiations (DTN).

BUSINESS

Fuel panic spreads as pumps run dry

Business, Somruedi Banchongduang, Wichit Chantanusornsiri and Kuakul Mornkum, Published on 23/03/2026

» Long queues at petrol stations across Thailand and "out of fuel" signs for diesel, the backbone of the transport sector, have raised public concern over the past week about the country's ability to manage energy reserves.

BUSINESS

Oil tax cuts possible if subsidies get too pricey

Wichit Chantanusornsiri, Published on 18/03/2026

» Officials at the Ministry of Finance are preparing measures to reduce excise taxes on fuel, as well as draft legislation to allow the Oil Fuel Fund to borrow additional funds to stabilise domestic prices.

BUSINESS

Economist signals risk from oil shortages

Somruedi Banchongduang and Wichit Chantanusornsiri, Published on 17/03/2026

» Thailand faces a heightened risk of oil shortages as the country relies more heavily on imported energy than most of its regional peers, according to the research centre of Kiatnakin Phatra Financial Group (KKP).

BUSINESS

Government moves to rev up fiscal 2026 spending

Business, Wichit Chantanusornsiri, Published on 17/03/2026

» As disbursement of the investment budget in the first five months of fiscal 2026 remains below target, caretaker finance minister Ekniti Nitithanprapas has instructed all ministries to prepare monthly disbursement plans to accelerate spending and ensure they meet their targets.