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BUSINESS

Thai stocks plunge, Asia shares slide as Gulf war rages

Bangkok Post and Reuters, Published on 23/03/2026

» Thai shares dropped sharply on Monday, in the same direction as other markets in Asia, as the United States and Iran traded escalating ‌threats and Israel planned for "weeks" more fighting, sending oil prices on another roller-coaster ride.

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

Baht may fall to 35 per dollar if war persists

Business, Somruedi Banchongduang, Published on 20/03/2026

» The baht is expected to weaken to 34-35 to the US dollar if the Middle East conflict drags on for two months, pushing oil prices above US$100 per barrel, according to Kasikorn Research Center (K-Research).

BUSINESS

Consumer goods prices to rise soon as production costs soar

Business, Kuakul Mornkum and Somhatai Mosika, Published on 20/03/2026

» Major consumer product manufacturers and distributors are warning customers of possible price increases in April due to the Middle East war disrupting the oil supply chain.

BUSINESS

Rising costs pressure rice, water markets

Business, KUAKUL MORNKUMKOMSAN TORTERMVASANASOMHATAI MOSIKA, Published on 19/03/2026

» Producers of bagged rice and bottled mineral water have said they will maintain current prices until the end of April, with any future price changes dependent on developments in the Middle East.

BUSINESS

Sugar cane demand poised to rocket

Business, Lamonphet Apisitniran and Yuthana Praiwan, Published on 18/03/2026

» The Office of the Cane and Sugar Board (OCSB) expects purchases of sugar cane leaves to more than double this year as Thailand reduces its reliance on liquefied natural gas imports, shipments of which have been disrupted by war in the Middle East.

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

Thai hoteliers jittery over energy prices

Narumon Kasemsuk and Molpasorn Shoowong, Published on 17/03/2026

» Hotel operators in Thailand consider high energy prices more troubling than mass cancellations as only one month remains in the high tourism season, resulting in requests for the government to promote domestic travel during the Songkran holiday to help maintain occupancy rates.

BUSINESS

Fading hopes of quick end to war depress stocks

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 14/03/2026

» RECAP: Asian stocks retreated on Friday as dwindling hopes of a resolution to the war with Iran kept oil prices ‌aloft, though a US waiver allowing purchases of Russian crude helped keep a floor under losses.

BUSINESS

New anti-laundering rules concern digital asset firms

Business, Nareerat Wiriyapong and Nuntawun Polkuamdee, Published on 12/03/2026

» Digital asset business operators in Thailand warn that the newly proposed “Travel Rule” to help curb money laundering should not be overly restrictive or it could unintentionally undermine the open and decentralised nature of blockchain networks, stifling innovation.