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BUSINESS

Why the Iran war could be a 'game-changer' for EVs - and China's car industry

South China Morning Post, Published on 24/03/2026

» Surging oil prices driven by the US-Israel war on Iran could accelerate the global adoption of electric vehicles - a sector that helped China overtake Japan to become the world's largest seller of automobiles last year.

BUSINESS

Minor banking on asset‑light model

Business, Kanana Katharangsiporn, Published on 24/03/2026

» Minor Hotels, a subsidiary of SET-listed Minor International, plans to rebalance its investment‑heavy portfolio to a 50:50 mix from two‑thirds by prioritising asset‑light and franchise models, aiming to accelerate growth while maintaining selective investments.

BUSINESS

War seen unlikely to disrupt internet services in Thailand

Komsan Tortermvasana, Published on 23/03/2026

» Major telecommunications operators have reassured customers that their internet services in Thailand remain stable and unaffected, mainly due to their network redundancy systems and diversified routing paths, despite potential risks to undersea cable systems stemming from the conflict in the Middle East.

BUSINESS

Grab to buy Delivery Hero’s Taiwan business for $600 million

Bloomberg News, Published on 23/03/2026

» SINGAPORE — Grab Holdings Ltd agreed to buy Delivery Hero SE’s Foodpanda operations in Taiwan for US$600 million, a deal that marks its first foray outside of its Southeast Asian base.

BUSINESS

Power tariff could rise as high as B4.59 per unit

Online Reporters, Published on 23/03/2026

» The Energy Regulatory Commission (ERC) is set to review electricity tariffs for the May–August billing period amid a sharp rise in liquefied natural gas (LNG) costs driven by Middle East tensions.

BUSINESS

Dollar gains as investors flee risk on escalating Mideast war

Reuters, Published on 23/03/2026

» TOKYO - The US dollar rose on Monday as escalating retaliatory threats in the Middle East ​conflict curbed risk appetite and lifted demand for safe-haven assets.

BUSINESS

Japanese fan-fitted jackets, other workwear a hit with foreign visitors

Kyodo News, Published on 23/03/2026

» Jackets fitted with motorised fans have become popular with laborers during Japan's sweltering summer months, but at one workwear store in Tokyo, it is foreign visitors who are driving sales.

BUSINESS

Energy security now a daunting problem

Business, Nareerat Wiriyapong, Published on 23/03/2026

» Amid spikes in global crude oil and gas prices, the government has deployed several measures including price caps to ensure energy security and ease the cost of living.

BUSINESS

Ministry eyes oil excise tax trims

Business, Wichit Chantanusornsiri, Published on 23/03/2026

» The Finance Ministry is weighing the extent of potential oil tax cuts to keep retail fuel prices at a level the economy can absorb, while also avoiding excessive impact on government revenue.

BUSINESS

Jury finds Musk ​misled Twitter shareholders

Published on 21/03/2026

» SAN FRANCISCO - A ‌US federal jury has found Elon Musk liable for claims he defrauded Twitter shareholders by trying to drive down the social media company’s stock price so he could renegotiate or back out of a $44-billion takeover in 2022.