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Search Result for “30 billion”

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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

Easing of fuel subsidies sparks winners and losers among stocks

Business, Nuntawun Polkuamdee, Published on 27/03/2026

» Thailand's move to rein in petrol price subsidies is likely to reshape sector dynamics, with fuel retailers emerging as key beneficiaries, while the transport, retail and tourism sectors face rising cost pressures, analysts say.

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

Thailand vows to host 1st Disneyland in region

Business, Narumon Kasemsuk, Published on 27/03/2026

» The government remains committed to bringing the first Disneyland theme park to Southeast Asia as part of the EEC Capital City project, with potential investors from the Middle East already indicating interest in becoming partners.

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

Malaysia cuts subsidised fuel quotas on global oil price surge

Bloomberg News, Published on 26/03/2026

» KUALA LUMPUR - Malaysia’s government will cut subsidised allocations for its most popular fuel from April as it seeks to curb leakages and relieve fiscal pressure from a surge in oil prices owing to the Middle East conflict.

BUSINESS

Baht may fall further on oil price exposure

Bloomberg News, Published on 26/03/2026

» A historic surge in oil prices is exposing the fragility of import-dependent Thailand, compounding pressure on an already weakening currency and raising the risk of capital flight, analysts say.

BUSINESS

Fuel shock pushes Thai fishery close to shutdown

Reuters, Published on 26/03/2026

» SAMUT SAKHON - A ​surge in diesel prices triggered by the US-Israeli war on Iran is pushing Thailand’s ​multibillion-dollar fishing industry towards a standstill, with ‌fishermen warning that their boats could be idled within days unless the government steps in.

BUSINESS

War unlikely to dent Songkran revenue

Business, Narumon Kasemsuk, Published on 26/03/2026

» The Tourism Authority of Thailand (TAT) remains confident about its projection of 6% revenue growth tallying 30 billion baht during the Songkran holiday this year, mainly driven by Asian markets.

BUSINESS

Co-pay scheme, emergency projects to get B300bn

Business, Wichit Chantanusornsiri, Published on 26/03/2026

» Roughly 300 billion baht in investment expenditure is expected to be available for transfer to the central budget to support the "Khon La Khrueng" co-payment scheme and urgent government emergency projects.