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BUSINESS

Petroleum and Energy Institute of Thailand denies oil refineries profiting from war

Business, Yuthana Praiwan, Published on 27/03/2026

» The Petroleum and Energy Institute of Thailand (PTIT) has denied an allegation that oil refineries are reaping a profit following a surge in their gross refinery margin (GRM) during the Mideast conflict, which is driving up domestic oil prices.

BUSINESS

Crude prices test GDP, inflation goals

Business, Somruedi Banchongduang, Published on 27/03/2026

» The government is advised to adopt a managed float approach to deal with energy prices amid expectations that domestic diesel prices could reach 60 baht per litre.

BUSINESS

Retailers feel pinch as fuel prices spike

Business, Kuakul Mornkum, Published on 27/03/2026

» A fuel shortage and a recent surge in prices have caused logistics chaos for provincial retail and wholesale operators, sparking concerns it will reduce foot traffic during the upcoming Songkran festival in April.

BUSINESS

Credit outlook steady as fuel subsidy ditched

Business, Nareerat Wiriyapong and Lamonphet Apisitniran, Published on 27/03/2026

» The government's decision to abolish blanket fuel price subsidies helps reduce the possibility Thailand will face a credit downgrade, even though the measure could pressure fragile domestic consumption and push inflation to rise.

BUSINESS

Seagate puts faith in Thai production

Business, Suchit Leesa-nguansuk, Published on 27/03/2026

» Amid geopolitical uncertainty, Seagate Technology is reinforcing Thailand as a strategic base by upgrading manufacturing with advanced technologies to support artificial intelligence (AI)-driven data infrastructure.

BUSINESS

Initiative aims to ease cost of living

Business, Published on 27/03/2026

» The Thai Retailers Association (TRA) has partnered with the Commerce Ministry to advance the "Thai Chuay Thai" initiative to ease the cost of living.

BUSINESS

Regulator offers 3 power tariff rates

Business, Yuthana Praiwan, Published on 26/03/2026

» Thai energy regulators are preparing to announce an increase in electricity bills for May to August once they gather public input on an appropriate power tariff rate given the impact of the Middle East war on energy costs.

BUSINESS

Commission opts to tighten data centre supervision

Business, Komsan Tortermvasana, Published on 25/03/2026

» The National Broadcasting and Telecommunications Commission (NBTC) is tightening its regulatory grip on the booming data centre sector through a proposed shift in the licensing regime that will bring operators under closer state scrutiny.

BUSINESS

SME loan demand deteriorates in Q1

Business, Wichit Chantanusornsiri, Published on 25/03/2026

» Confidence among small and medium-sized enterprises (SMEs) fell sharply in the first quarter, driven by mounting concerns over rising costs linked to the energy crisis and a slowdown in lending, according to the latest survey by the SME Development Bank of Thailand (SME D Bank).

BUSINESS

Crackdown targets use of Thai proxies

Business, Wichit Chantanusornsiri, Published on 25/03/2026

» The government is tightening controls on nominees by introducing new measures to prevent foreigners from using Thais as proxies to operate businesses, effective April 1.