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BUSINESS

Insurers look to manage risk from Middle East conflict

Business, Nareerat Wiriyapong, Published on 20/03/2026

» Insurance companies have taken steps to cautiously manage their risk exposure amid intensifying conflicts in the Middle East, which has resulted in the cost of war insurance coverage for ships in the Gulf region to reach "unprecedented levels".

BUSINESS

Energy woes dent Songkran travel sentiment

Business, Molpasorn Shoowong, Published on 20/03/2026

» Tourism operators are increasingly concerned about declining energy confidence, fearing it could dampen their high expectations for the upcoming Songkran holiday.

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

Penalties vowed for gas gouging

Business, Yuthana Praiwan, Published on 20/03/2026

» Caretaker energy minister Auttapol Rerkpiboon has vowed to take action against petrol station operators who charge prices that exceed government-regulated, subsidised levels, while pledging to intensify efforts to ensure smooth oil distribution nationwide.

BUSINESS

Ministry moves to stabilise prices

Business, Published on 19/03/2026

» The Commerce Ministry plans to review the price control list to ensure it better reflects the current market, with the possibility of adding more essential items.

BUSINESS

Grab, Bolt gear up for rising oil prices

Business, Suchit Leesa-nguansuk, Published on 19/03/2026

» Online ride-hailing services have launched measures to deal with rising oil prices.

BUSINESS

Poland leads Central Europe thrust

Business, Narumon Kasemsuk, Published on 19/03/2026

» With global travel in turmoil due to operational disruptions in Middle Eastern aviation hubs, a new direct flight from Europe to Thailand is set to launch, paving the way for Thai tourism in the economically promising Central European region for the first time in decades.

BUSINESS

Higher power prices prompts push for solar

Business, Yuthana Praiwan, Published on 19/03/2026

» Small businesses and households are being urged to reduce their reliance on the state electricity grid and adopt solar power solutions, as global energy price volatility threatens to drive up costs, despite Thailand's capped power tariffs, according to solar firms.

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.