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BUSINESS

Fiscal position ‘sufficient’ for fuel subsidies

Wichit Chantanusornsiri, Published on 10/03/2026

» The government is in good fiscal condition, with a buffer of 300 billion baht if it needs to guarantee loans for the Oil Fuel Fund for subsidies, according to the Ministry of Finance.

BUSINESS

Economist warns Thailand could encounter stagflation

Nareerat Wiriyapong, Published on 10/03/2026

» Thailand is at risk of stagflation as oil prices skyrocket during the Middle East conflict, while the new government has yet to take office and is unable to take steps to prop up a weak economy, says economist Amonthep Chawla.

BUSINESS

Thai travel agents pessimistic about long-haul rmarket recovery

Narumon Kasemsuk, Published on 10/03/2026

» Thailand’s tourism industry is struggling with the sudden impact from the Middle East conflict on long‑haul travel, with weekly arrivals down 13% due to flight disruptions.

BUSINESS

Apple now makes about 25% of iPhones in India after China pivot

Bloomberg, Published on 10/03/2026

» Apple increased iPhone production in India by about 53% last year and now makes a quarter of its marquee devices there, reflecting the US company’s efforts to avoid tariffs on China.

BUSINESS

Asian LNG buyers struggling to find supplies

Bloomberg News, Published on 10/03/2026

» Some Asian buyers of liquefied natural gas are struggling to find prompt cargoes after a war-related outage at the world’s largest export facility in Qatar tightened global supplies.

BUSINESS

Bangkok Bank ditches planned minimum balance for digital accounts

Online Reporters, Published on 10/03/2026

» Bangkok Bank said on Tuesday it had indefinitely postponed the implementation of a new restriction requiring a minimum balance of 2,000 baht in e-Savings and Extra Digital accounts.

BUSINESS

Rising energy costs imperil Thai manufacturer's profits

Business, Kuakul Mornkum, Published on 10/03/2026

» Geopolitical conflicts in the Middle East are driving up energy costs, potentially affecting the logistics operations and packaging manufacturing arm of SET-listed Osotspa Plc (OSP), a Thai consumer product manufacturing conglomerate.

BUSINESS

Amazon Web Services eyes Thailand as future AI hub

Business, Suchit Leesa-nguansuk, Published on 10/03/2026

» Cloud service provider Amazon Web Services (AWS) Thailand has positioned its local cloud region as a future artificial intelligence (AI) hub, targeting enterprises' rising demand for highly complex, independent "frontier AI agents".

BUSINESS

Tourism braces for impact of Mideast war

Business, Narumon Kasemsuk, Published on 10/03/2026

» Thai tourism should brace for an influx of foreigners seeking a safe haven amid growing geopolitical conflict, similar to the surge experienced during the Russia-Ukraine War a few years ago, when Russian arrivals rose to 1.74 million in 2024, significantly impacting property markets in tourism cities.

BUSINESS

Restaurants call for anti-inflation support

Business, Somhatai Mosika, Published on 10/03/2026

» The Thai Restaurant Association is calling on the government to support the restaurant industry amid the ongoing conflict in the Middle East.