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BUSINESS

Oil shortage hits petrochemical output

Nareerat Wiriyapong, Published on 09/03/2026

» The current “oil shock” has begun to affect companies on the Stock Exchange of Thailand (SET), with industrial conglomerate Siam Cement (SCC) suspending operations at its petrochemical unit in Map Ta Phut due to insufficient feedstock amid the Middle East war, analysts say.

BUSINESS

Energy price spike threatens global economic recovery

Somruedi Banchongduang, Published on 09/03/2026

» Global oil prices have entered a “danger zone” after surging to around US$110 per barrel following reports that an Iranian oil storage facility had been struck, warned Bangkok Bank’s (BBL) chief economist.

BUSINESS

Stocks and bonds drop on oil’s surge, dollar gains

Bloomberg, Published on 09/03/2026

» Crude oil surged above $100 a barrel for the first time since 2022 due to escalating hostilities in the Middle East and worsening strains on oil shipping, sending stocks and Treasuries lower.

WORLD

Dollar surges as US-Iran war pushes oil past $100 a barrel

Reuters, Published on 09/03/2026

» SINGAPORE: The dollar took ⁠another leg higher ⁠on Monday, jumping to a ​three-month peak on the euro as oil surged past $100 a barrel, stocks slid and investors headed for safety ​as protracted war in the Middle East threatened ‌to disrupt global energy supplies.

BUSINESS

Thai tourism faces B40bn revenue collapse

Business, Molpasorn Shoowong, Published on 09/03/2026

» Thailand could lose more than 40 billion baht in tourism revenue in the worst-case scenario, assuming the Middle East airspace closure lasts for eight weeks, says the Tourism and Sports Ministry.

SUSTAINABILITY

Exporters confront carbon footprints

Business, Somruedi Banchongduang, Published on 09/03/2026

» Thai exporters are under growing pressure to accelerate their transition to low-carbon production, as the EU's Carbon Border Adjustment Mechanism (CBAM) came into force on Jan 1, though its effects have been felt for several years.

BUSINESS

War risks weigh on markets, crypto

Business, Nuntawun Polkuamdee, Published on 09/03/2026

» A prolonged Middle East conflict could weigh heavily on global financial markets, triggering a broad risk-off environment that pressures equities and cryptocurrencies while increasing volatility across asset classes.

BUSINESS

Thailand braces for fallout from Mideast war

Business, Wichit Chantanusornsiri, Molpasorn Shoowong and Nareerat Wiriyapong, Published on 09/03/2026

» Thailand's fragile economic recovery faces fresh challenges after war erupted between a US-Israel alliance and Iran.

BUSINESS

Climate pressure spurs Thailand's energy revamp

Business, Yuthana Praiwan, Published on 09/03/2026

» Thailand's clean power supply and energy trade are poised for changes under the draft Power Development Plan (PDP), which will shape the country's electricity landscape from 2026 to 2050.

OPINION

Testing times could prove govt mettle

Oped, Veera Prateepchaikul, Published on 09/03/2026

» A honeymoon period seems out of the question for the new administration led by the Bhumjaithai Party, which may come into office in late April or May, depending on how quickly the processes of electing the House Speaker and his two deputies, and the election of the prime minister in parliament, take place.