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BUSINESS

Ships avoid Hormuz as Iran raises threats, conflict spreads

Published on 01/03/2026

» Oil and gas shipping remains largely paused in the Strait of Hormuz that links the oil-rich Persian Gulf to the open seas, as a regional conflict escalates and Iran cranks up threats to vessels transiting through the chokepoint.

BUSINESS

US fintech firm Block sheds 4,000 staff, cites AI

Published on 28/02/2026

» OAKLAND, California - Block, the parent company of the fintech firms Square and Cash App, is laying off 40% of its 10,000 employees, stating plainly that the decision was driven by artificial intelligence.

BUSINESS

Thailand targets global AI hub status

Business, Suchit Leesa-nguansuk, Published on 28/02/2026

» Thailand is uniquely positioned to become a global artificial intelligence (AI) and digital infrastructure hub as it has already attracted a potential 5 gigawatts of data centre capacity, representing hundreds of billions of baht in infrastructure investment, by leveraging its geopolitical neutrality amid rising international tensions, says the Digital Council of Thailand (DCT).

BUSINESS

Regulator devises plan to secure LNG supply

Yuthana Praiwan, Published on 27/02/2026

» The Energy Regulatory Commission (ERC) is preparing contingency measures to secure liquefied natural gas (LNG) supply as tensions between the United States and Iran raise concerns over shipping routes in the Middle East.

BUSINESS

GC joins forces with Siam Piwat to scale up “From Kitchen to Creation”

Published on 27/02/2026

» PTT Global Chemical Public Company Limited (GC), a global leader in chemicals and Thailand’s first commercial producer of sustainable aviation fuel (SAF), has announced a partnership with Siam Piwat Group to expand the “From Kitchen to Creation” project. Under this initiative, used cooking oil (UCO) from restaurants within Siam Paragon will be collected and sent to GC’s biorefinery to be processed into clean energy and high-value bio-products, making Siam Paragon the first shopping mall in Thailand to join the programme.

BUSINESS

EVA Air Launches Nonstop Service Between Taipei and Washington, D.C. on June 26

Published on 27/02/2026

» EVA Air will start a new route from Taipei to Washington, D.C. on June 26, offering four flights each week. With this new route, EVA Air’s North American network will grow to include 10 gateways, two of which will feature the new fourth-generation Premium Economy class and increase the total weekly flights to 98. This makes EVA Air the airline with the most destinations and the largest flight network from Taiwan to North America. Tickets are now available for booking at www.evaair.com.

BUSINESS

Thailand’s 2026 growth outlook improves to 2.1%, despite structural headwinds

Nuntawun Polkuamdee, Published on 27/02/2026

» Thailand’s economic outlook for 2026 has improved modestly, though growth is expected to remain subdued, according to TRIS Rating.

BUSINESS

CP AXTRA spearheads retail technology

Business, Kuakul Mornkum, Published on 27/02/2026

» Amid rapidly changing customer behaviour, retail and wholesale businesses face new challenges. Shoppers are more sophisticated, embracing omni-channel retail as they shift buying habits, requiring operators to rethink their operational strategies.

BUSINESS

E-commerce giants form Thai trade group

SUCHIT LEESA-NGUANSUK, Published on 26/02/2026

» Thailand needs a sustainable digital infrastructure to guarantee continued health of the industry, according to the Thai Digital Platform Trade Association (TDPA), a new trade group founded by major operators Grab, Lazada, Line Man Wongnai and Shopee.

BUSINESS

Thailand courts Portugal for EU trade deal, OECD membership

Poramet Tangsathaporn, Published on 26/02/2026

» Thailand has formally sought Portugal’s support in accelerating negotiations on the European Union–Thailand Free Trade Agreement (FTA) and advancing its bid to join the Organisation for Economic Co-operation and Development (OECD) by 2030.