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BUSINESS

State steps in as oil rockets to $100

Yuthana Praiwan, Published on 09/03/2026

» Thai energy authorities are preparing to secure loans from commercial banks to shore up the Oil Fuel Fund, which is rapidly running dry as global crude prices surge past US$100 per barrel amid the escalating US-Iran conflict.

BUSINESS

Stocks and bonds drop on oil’s surge, dollar gains

Bloomberg, Published on 09/03/2026

» Crude oil surged above $100 a barrel for the first time since 2022 due to escalating hostilities in the Middle East and worsening strains on oil shipping, sending stocks and Treasuries lower.

BUSINESS

Thailand braces for fallout from Mideast war

Business, Wichit Chantanusornsiri, Molpasorn Shoowong and Nareerat Wiriyapong, Published on 09/03/2026

» Thailand's fragile economic recovery faces fresh challenges after war erupted between a US-Israel alliance and Iran.

BUSINESS

Local fan market remains cool amid global heat

Business, Kuakul Mornkum, Published on 09/03/2026

» With the average global temperature rising, the electric fan market is poised for growth. Yet Thailand's electric fan market appears sluggish relative to global trends, according to Groupe SEB (Thailand) Co Ltd, the distributor of Tefal appliances.

BUSINESS

Asian equities endure worst week since March 2020

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 07/03/2026

» RECAP: Asian equity markets steadied on the final trading day of a volatile week, even as the Mideast conflict raged on. With a 6.4% decline, the MSCI Asia Pacific Index had its worst week since March 2020.

BUSINESS

Energy price spike puts eateries on edge

Business, Kuakul Mornkum, Published on 06/03/2026

» Restaurants are bracing for potential hikes in raw material prices due to rising energy costs, driven by the ongoing conflict in the Middle East.

BUSINESS

25% tourism decline ‘worst-case scenario’

Narumon Kasemsuk, Published on 05/03/2026

» War in the Middle East could seriously affect Thai tourism this year, with a 25% decline from the 2026 target being the worst-case scenario if the fighting extends beyond three months, prompting officials to target short‑haul tourists to fill the gap.

BUSINESS

Thai government revenue tops target

WICHIT CHANTHANUSORNSIRI, Published on 05/03/2026

» Thai government revenue exceeded projections in the first four months of the 2026 fiscal year, driven by higher fuel tax receipts and additional income from state enterprises.

BUSINESS

Low-profile Thai philanthropist dies at 89

Online Reporters, Published on 05/03/2026

» Hatari fan founder Joon Wanavit, one of the most low-key philanthropists in Thailand, died on Thursday at age 89.

BUSINESS

Sukishi Intergroup slows down expansion

Business, Kuakul Mornkum, Published on 05/03/2026

» Sukishi Intergroup Co Ltd plans to scale back its expansion plans in the shabu-shabu market due to intense competition.