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Search Result for “By Philip Heijmans and Josh Xiao, Bloomberg News”

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BUSINESS

Vietnam braces for flight cuts from April after China, Thailand ban jet fuel exports

Reuters, Published on 16/03/2026

» HANOI - Vietnamese authorities have warned the country's ​aviation industry to prepare for potential flight reductions from April after ‌China and Thailand halted exports of jet fuel due to the Iran war, increasing the likelihood of shortages.

BUSINESS

Labubu mania is over. Pop Mart bets it can survive with new toys

Bloomberg, Published on 16/03/2026

» Pop Mart International Group ’s shelves remain packed, but shoppers are no longer fixated solely on the snaggle-toothed Labubu dolls that once sparked hours-long lines and resale frenzies. 

BUSINESS

Small firms under pressure as costs soar

Business, Kuakul Mornkum, Published on 16/03/2026

» Thai small and medium-sized enterprises (SMEs) face a wall of negative sentiment this year as geopolitical tensions, trade conflicts and tighter access to loans weigh on the sector, raising questions about how businesses can navigate these tumultuous times.

BUSINESS

Thai refiner makes rare purchase of North Sea crude

Bloomberg News, Published on 14/03/2026

» A Thai oil refiner has made a rare purchase of North Sea crude oil as Asian processors scramble to find alternatives to Middle Eastern supplies stuck in the Persian Gulf.

BUSINESS

Fading hopes of quick end to war depress stocks

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 14/03/2026

» RECAP: Asian stocks retreated on Friday as dwindling hopes of a resolution to the war with Iran kept oil prices ‌aloft, though a US waiver allowing purchases of Russian crude helped keep a floor under losses.

BUSINESS

War clouds continue to hover over Thai bourse

Business, Tisco Securities, Published on 14/03/2026

» The Stock Exchange of Thailand (SET) ended February with high hopes at 1,528.26 points, up 15% from the month before. The post-election rally continued after the Bhumjaithai Party won convincingly and moved quickly to form a coalition with a solid majority.

BUSINESS

PTG confirms plans to raise refined oil reserves

Business, Yuthana Praiwan, Published on 13/03/2026

» PTG Energy Plc, the operator of PT petrol stations, has announced plans to expand its refined oil reserves in line with a government directive aimed at safeguarding national energy security during the ongoing US-Iran conflict.

BUSINESS

Budget disbursement to be expedited

Business, Wichit Chantanusornsiri, Published on 12/03/2026

» Caretaker finance minister Ekniti Nitithanprapas has instructed government agencies and state enterprises to accelerate budget disbursement to help support the economy during this difficult period.

BUSINESS

New anti-laundering rules concern digital asset firms

Business, Nareerat Wiriyapong and Nuntawun Polkuamdee, Published on 12/03/2026

» Digital asset business operators in Thailand warn that the newly proposed “Travel Rule” to help curb money laundering should not be overly restrictive or it could unintentionally undermine the open and decentralised nature of blockchain networks, stifling innovation.

BUSINESS

Interest rate cuts have uneven impact for retail borrowers

Business, Somruedi Banchongduang, Published on 12/03/2026

» Retail borrowers have begun to benefit from a series of policy rate cuts over several months. However, the impact may not be immediately noticeable for some borrowers as their monthly instalment payments could remain static.