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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

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

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

Oil transport bolstered to guarantee filling station supplies

Business, Yuthana Praiwan, Published on 17/03/2026

» Energy authorities are moving swiftly to streamline oil logistics in a bid to accelerate fuel deliveries to filling stations grappling with shortages caused by surging demand amid the ongoing US-Israeli war with Iran, which has disrupted global supply routes, according to the Department of Energy Business (DOEB).

BUSINESS

Economic toll of war grows

Business, Post Reporters, Published on 16/03/2026

» The escalating war between the US-Israel alliance and Iran is entering a more dangerous phase, raising concerns the conflict could trigger a wider economic shock via surging energy prices, disrupted trade routes and weakening global demand.

BUSINESS

TCG provides B14.5bn in credit guarantees for SME loans

Business, Wichit Chantanusornsiri, Published on 13/03/2026

» In the first two months of this year, the Thai Credit Guarantee Corporation (TCG) provided credit guarantees worth 14.5 billion baht to small and medium-sized enterprises (SMEs), an increase of 4.4 times year-on-year, driven by government support measures.

BUSINESS

Oil forecasts rise as Mideast war rages

Business, Nareerat Wiriyapong, Published on 13/03/2026

» Analysts are lifting their oil price estimates for this year and 2027 amid transport disruption in the Middle East, even though the potential release of reserves by the G7 and the Organisation for Economic Co-operation and Development (OECD) could help temporarily alleviate supply pressures.

BUSINESS

SEC confirms legal action against 'Acme Traderist'

Business, Nuntawun Polkuamdee, Published on 13/03/2026

» The Securities and Exchange Commission (SEC) has reaffirmed that legal action was already taken against cryptocurrency promoter Worawat Narknawdee, widely known as "Acme Traderist", following renewed public attention and additional complaints from alleged victims.

PROPERTY

Built To Build rules out price hikes despite soaring oil costs

Business, Kanana Katharangsiporn, Published on 12/03/2026

» Homebuilder Built To Build Group says it will freeze prices for contracted clients despite rising oil prices fuelled by war in the Middle East, expressing confidence the conflict will subside by the end of this month.

BUSINESS

Plastic shortages loom as war hits oil supplies

Business, Kuakul Mornkum, Published on 12/03/2026

» Businesses are bracing for the impact of a plastic supply shortage due to ongoing conflicts in the Middle East.