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BUSINESS

Mideast conflict threatens Thai growth

Business, Somruedi Banchongduang, Published on 21/03/2026

» The Bank of Thailand is warning the war in the Middle East could weigh on Thailand's economy across multiple fronts, potentially dragging GDP growth below its 2% forecast for this year.

BUSINESS

Ethanol output cranked up to meet E20 demand

Business, Yuthana Praiwan, Published on 20/03/2026

» Ethanol manufacturers are increasing production to serve growing demand for gasohol E20, aligning with the government's efforts to reduce Thailand's reliance on oil imports.

BUSINESS

Poland leads Central Europe thrust

Business, Narumon Kasemsuk, Published on 19/03/2026

» With global travel in turmoil due to operational disruptions in Middle Eastern aviation hubs, a new direct flight from Europe to Thailand is set to launch, paving the way for Thai tourism in the economically promising Central European region for the first time in decades.

BUSINESS

Call for urgent action to tackle rural oil shortage

Business, Lamonphet Apisitniran, Published on 19/03/2026

» The Federation of Thai Industries (FTI) has called on the government to intervene in support of oil middlemen, known locally as "jobbers", who are struggling to secure supplies from refineries, resulting in a shortage affecting industrial and agricultural sectors, as well as smaller filling stations not affiliated with major retail brands.

BUSINESS

Future-proofing Thailand's next generation of workers

Business, Post Reporters, Published on 18/03/2026

» Thai companies should take a human-centred approach to AI and redesign work itself to enable people and technology to thrive together, according to Deloitte Thailand.

BUSINESS

Sugar cane demand poised to rocket

Business, Lamonphet Apisitniran and Yuthana Praiwan, Published on 18/03/2026

» The Office of the Cane and Sugar Board (OCSB) expects purchases of sugar cane leaves to more than double this year as Thailand reduces its reliance on liquefied natural gas imports, shipments of which have been disrupted by war in the Middle East.

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

Thai stocks surge as outlook brightens on Mideast war

Business, Boonsong Lipimas, Published on 18/03/2026

» Stock markets are increasingly pricing in a more positive outlook for the Middle East war following recent signals from the US and oil prices stabilising, while the Thai government has stepped up petrol supply to ensure fuel security.

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).