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Search Result for “rising debt”

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BUSINESS

Japan bathhouses in deep water as energy costs boil over

Kyodo News, Published on 27/04/2026

» Traditional public bathhouses in Japan are in deep water as soaring energy costs triggered by the Middle East oil supply disruptions threaten to extinguish the fires of a fading tradition, with some of them forced to shorten their hours or even shut their doors for good.

BUSINESS

Oil climbs nearly 2% as US-Iran peace talks stall

Reuters, Published on 27/04/2026

» SINGAPORE - Oil prices extended gains on Monday, rising nearly 2% as peace talks between the United States and Iran stalled while shipments through the Strait of Hormuz remained limited, keeping global oil ​supplies tight.

BUSINESS

Thailand wilts as 'financial summer' batters households

Business, Somruedi Banchongduang, Published on 27/04/2026

» As temperatures climb across Thailand, households are feeling more than just the heat. This year's hot season has brought a sharp rise in living costs, particularly fuel prices, tightening budgets and amplifying financial strain.

BUSINESS

Rising oil, power costs weigh on steel

Business, Lamonphet Apisitniran, Published on 27/04/2026

» Thailand's steel and iron industry is reeling from the impact of soaring oil prices triggered by the Middle East conflict, as higher shipping costs for imported iron ore -- the key raw material for steelmaking -- push production expenses to new heights.

BUSINESS

Bitkub targets HK listing as it diversifies

Business, Nuntawun Polkuamdee, Published on 27/04/2026

» Bitkub Group has reaffirmed its position as Thailand's leading cryptocurrency platform despite intensifying competition, while accelerating strategic diversification into new businesses and exploring a potential listing on the Hong Kong stock exchange.

BUSINESS

Nation prepares for long, hot dry season

Business, Wichit Chantanusornsiri, Nareerat Wiriyapong and Somhatai Mosika, Published on 27/04/2026

» The likelihood of a "super El Niño" poses a serious threat to Thailand's agricultural sector, particularly rice production, potentially increasing food security risks.

BUSINESS

Discount tilt enhances Tops' spending, sales growth

Business, Kuakul Mornkum, Published on 27/04/2026

» Tops, a food business under Central Retail Corporation, aims to emphasise its house brand products amid challenging economic conditions, while launching discount campaigns to attract customers.

THAILAND

Those BKK airport escalator blues

News, Evie Richardson, Published on 27/04/2026

» The escalator rising from the check-in hall to international departures at Bangkok's Suvarnabhumi airport looks much like any other in the world -- a functional steel conveyor carrying travellers from one level to the next.

PROPERTY

UHG banking on new hotel rooms for 20% growth

Kanana Katharangsiporn, Published on 27/04/2026

» Despite a 10-20% decline in European tourist arrivals following the Middle East conflict, commercial property developer UHG is targeting 20% growth this year driven by the opening of a new hotel and the addition of rooms at an existing property.

THAILAND

Govt plans 4,000 baht aid rollout

Apinya Wipatayotin, Published on 26/04/2026

» The government's new "Thai Help Thai Plus" subsidy programme is expected to be submitted to the cabinet in May and rolled out in June, with each eligible participant receiving 1,000 baht per month for four months, totalling 4,000 baht.