Showing 1 - 10 of 34
SET edges up after Trump opts for slow play on tariffs
Nuntawun Polkuamdee, Published on 23/01/2025
» The global and Thai stock markets had a short-term rebound after US President Donald Trump refrained from announcing an immediate increase in import tariffs.
Balancing geopolitics
Business, Wichit Chantanusornsiri, Published on 14/10/2024
» Geopolitics has the potential to significantly influence global trade dynamics, particularly as tensions rise and alliances shift among nations.
Thai businesses are concerned about effect on oil prices, shipping costs and the local currency
Business, Post Reporters, Published on 14/10/2024
» Amidst a stagnant domestic economy, geopolitical tensions in the Middle East are regarded as a crucial factor that could greatly impact the Thai private sector as the war between Israel and Hamas drags on for over a year with no end in sight.
Fraying the ties that bind
Business, Post Reporters, Published on 09/09/2024
» As a new government takes over, the Thai economy has handled significant volatility during the past 12 months, driven by both internal and external challenges.
Sentiment dips again in May as layoffs unveiled
Business, Lamonphet Apisitniran, Published on 20/06/2024
» The industrial sector remains lacklustre as the Thai Industries Sentiment Index (TISI) continued to fall in May to 88.5 from 90.3 points, with 15,000 workers losing their jobs since early this year, according the Federation of Thai Industries (FTI).
Oil Prices Surge Amid Geopolitical Tensions
Published on 17/04/2024
» Current crude oil prices are elevated due to conflicts in the Middle East, with ongoing tensions between Russia and Ukraine exacerbating the situation. Amidst the fragile global economic landscape, crude oil prices have declined in the first quarter of the year, whilst the OPEC+ group of producers continues to tightly control supply.
Industry panel bullish on Q2 outlook
Business, Lamonphet Apisitniran and Yuthana Praiwan, Published on 07/03/2024
» The Thai economy, which is expected to grow slowly this year, should improve in the second quarter thanks to state budget spending and easing tension in the Red Sea region, says the Joint Standing Committee on Commerce, Industry and Bangkok (JSCCIB).
Chamber of Commerce foresees 2-3% expansion in exports in 2024
Business, Phusadee Arunmas, Published on 20/02/2024
» The University of the Thai Chamber of Commerce (UTCC) forecasts exports to rebound to an expansion of 2-3% this year, with the value ranging from US$290 billion-293 billion, or an average of 2.5%, equivalent to $291.6 billion, from a contraction of 1% last year.
Red Sea disruptions and the geopolitical premium
Business, Published on 07/02/2024
» Shipping disruptions and re-routing away from the Red Sea will maintain the geopolitical premium in the main commodity markets, including oil and gas, chemicals and fertilisers, unless there are wider shipping -- or production -- disruptions in the region, according to Fitch Ratings.
Red Sea danger leads global oil buyers to switch markets
Bloomberg News, Published on 05/02/2024
» NEW YORK - The global oil market is looking increasingly local as militant attacks in the Red Sea and surging freight rates make supplies from closer to home more attractive.