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Search Result for “rate cut”

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BUSINESS

Oil price spike threatens to cut Thai GDP growth, raise inflation

Business, Boonsong Lipimas, Published on 24/03/2026

» A rise in global oil prices poses a growing risk to Thailand's economic outlook, with Tisco Financial Group warning that a 10% increase in crude from a baseline of US$72 per barrel could trim GDP growth by 0.3-0.4 percentage points, while lifting inflation by about 0.8%.

BUSINESS

Hotels slash rates to lure Songkran market

Business, Narumon Kasemsuk, Published on 24/03/2026

» Concerned by a nosedive in European arrivals and low confidence due to fuel shortages among local travellers, hotel operators have started to offer discounts of 20-40% to attract tourists during the upcoming Songkran holiday.

BUSINESS

Gold to see long-term downward trend

Nareerat Wiriyapong, Published on 24/03/2026

» The price of gold will be confirmed to be on a long-term downward trend if it fails to stay above US$4,100 per ounce, which could occur this week amid escalating tensions and a prolonged conflict in the Middle East, traders say.

BUSINESS

Baht set to fall further amid Mideast wartime pressures

Business, Somruedi Banchongduang, Published on 24/03/2026

» The baht is expected to depreciate to 33.50 per US dollar this week after testing a nine-month low of 33 on Monday, amid heightened uncertainties surrounding the conflict in the Middle East.

THAILAND

Shortages spur fuel reserve cut

News, Mongkol Bangprapa, Published on 24/03/2026

» The government has decided to lower the proportion of oil reserves to 1% in a bid to ease fuel shortages while expressing confidence that the fuel situation will stabilise within a week.

OPINION

Free food sparks outcry

News, Published on 24/03/2026

» Criticism over free meals provided to our lawmakers has been reported in the media for years. Often, during parliamentary sessions, outlets -- including this newspaper -- highlight massive food waste afterwards.

BUSINESS

EVs become label-controlled

Wichit Chantanusornsiri, Published on 23/03/2026

» Electric vehicles (EVs) have officially been designated label-controlled products to ensure consumers can accurately compare the features of different brands before making a purchase.

THAILAND

Activists press PM on fuel, power relief

Mongkol Bangprapa, Published on 23/03/2026

» Fourteen civil society groups have petitioned Prime Minister Anutin Charnvirakul, calling on the government to urgently cut fuel prices, freeze household gas prices, lower electricity tariffs and curb the cost of essential goods.

BUSINESS

Gold prices plunge in Thailand

Online Reporters, Published on 23/03/2026

» Gold prices in Thailand dropped sharply on Monday, falling by 3,850 baht from the previous close, according to the latest update from the Gold Traders Association.

BUSINESS

Power tariff could rise as high as B4.59 per unit

Online Reporters, Published on 23/03/2026

» The Energy Regulatory Commission (ERC) is set to review electricity tariffs for the May–August billing period amid a sharp rise in liquefied natural gas (LNG) costs driven by Middle East tensions.