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BUSINESS

Why the Iran war could be a 'game-changer' for EVs - and China's car industry

South China Morning Post, Published on 24/03/2026

» Surging oil prices driven by the US-Israel war on Iran could accelerate the global adoption of electric vehicles - a sector that helped China overtake Japan to become the world's largest seller of automobiles last year.

THAILAND

HKTDC sees strong potential for Thailand—Hong Kong cooperation in greentech and green finance

Published on 24/03/2026

» The Hong Kong Trade Development Council (HKTDC) stated that there is great potential for Thailand and Hong Kong to expand cooperation in green technology and green finance, aligning with their shared direction toward sustainable economic development. The GreenBiz HK event, held in Bangkok on March 17 to 20, 2026, fostered investment opportunities and green innovation across the region.

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

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.

BUSINESS

Communications market set to hit B800bn

Business, Komsan Tortermvasana, Published on 24/03/2026

» The communications market is projected to reach 800 billion baht this year, underpinned by the rapid adoption of digital services, artificial intelligence (AI) and continued investment in infrastructure, according to the National Broadcasting and Telecommunications Commission (NBTC).

BUSINESS

Tris says war poses downside risks to growth

Business, Nuntawun Polkuamdee, Published on 24/03/2026

» Thailand's economic outlook for 2026 is facing growing downside risks as escalating tensions in the Middle East, particularly disruptions in the Strait of Hormuz, threaten global oil supply and domestic stability, according to Tris Rating.

BUSINESS

Mideast conflict dents chip manufacturing

Lamonphet Apisitniran, Published on 23/03/2026

» The United States and Israeli military operations against Iran are disrupting global supply chains, hitting semiconductor manufacturing hard and reverberating through chip‑dependent industries, particularly the automotive sector, which is watching developments closely.

THAILAND

Pakorn tipped amid Borwornsak uncertainty

Chairith Yonpiam, Published on 23/03/2026

» The deputy prime ministerial post may go to Pakorn Nilprapunt, secretary-general of the Council of State, instead of veteran legal scholar Borwornsak Uwanno, who has chosen to forego roles in the new government due to his age, according to political insiders.

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.