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BUSINESS

Thailand eyes gains from global shifts

Business, Lamonphet Apisitniran, Published on 18/03/2026

» The ongoing conflict involving the United States, Israel and Iran, coupled with other geopolitical tensions, is prompting businesses worldwide to reconsider their production bases, with many seeking relocation to more stable regions, says the Board of Investment (BoI).

BUSINESS

Cabinet focuses on illicit tour operators

Business, Wichit Chantanusornsiri, Published on 18/03/2026

» The cabinet has instructed the Tourism and Sports Ministry to accelerate efforts to tackle the use of nominees in tourism businesses, including so-called "zero-dollar tours", as they affect the country's tourism industry.

BUSINESS

Price stability in focus as oil impact looms

Business, Published on 18/03/2026

» The Department of Internal Trade (DIT) has asked producers and distributors to keep product prices unchanged to help stabilise the cost of living during the oil shock.

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

Oil price spike forecast to slash Thai GDP growth

Business, Wichit Chantanusornsiri, Published on 18/03/2026

» Every US$10 increase in the oil price per barrel is expected to reduce Thai GDP by 0.2 percentage points, according to caretaker finance minister Ekniti Nitithanprapas.

BUSINESS

Thai stocks surge as outlook brightens on Mideast war

Business, Boonsong Lipimas, Published on 18/03/2026

» Stock markets are increasingly pricing in a more positive outlook for the Middle East war following recent signals from the US and oil prices stabilising, while the Thai government has stepped up petrol supply to ensure fuel security.

BUSINESS

Krungsri joins hands with Invesco on asset advisory

Business, Somruedi Banchongduang, Published on 18/03/2026

» Krungsri (Bank of Ayudhya) remains confident it can sustain growth in assets under management (AUM) for foreign investment funds (FIF), despite heightened global uncertainties.

BUSINESS

GH Bank allays concerns over financial stability amid war

Business, Wichit Chantanusornsiri, Published on 17/03/2026

» The Government Housing (GH) Bank has sufficient financial stability to withstand a potential economic crisis that could arise from the war in the Middle East, says the bank's chief.

BUSINESS

Thai banks struggling to make money

Business, Somruedi Banchongduang, Published on 17/03/2026

» The Thai banking industry is entering a transition period in which banks can no longer rely on strong interest income or generate the high levels of return on equity (ROE) as seen in the past, according to the chief executive of TMBThanachart Bank (ttb).

BUSINESS

THAI to gain from Mideast airspace closures

Business, Nareerat Wiriyapong, Published on 17/03/2026

» While rising fuel cost is inevitable, Thai Airways International (THAI) is on course to gain from airspace closures across several countries in the Middle East amid tensions in the Gulf region, where the flag carrier has no direct exposure, analysts say.