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Search Result for “Mideast conflict”

Showing 1 - 10 of 1,466

BUSINESS

Middle East markets hit hardest by Iran conflict

Business, Narumon Kasemsuk, Published on 04/04/2026

» Middle Eastern markets, particularly Israeli arrivals, have been hit the hardest by the Gulf war, with more than 120,000 airline seats lost, while the US is expected to be the only long-haul market still solid in the coming months, according to the Thai Hotels Association (THA).

BUSINESS

Huge loan needed to finance fuel subsidies

Business, Yuthana Praiwan, Published on 04/04/2026

» Thailand's Oil Fuel Fund is seeking a loan of up to 150 billion baht to stabilise its finances and continue subsidising domestic fuel prices as global diesel costs soar, according to Prasert Sinsukprasert, energy permanent secretary.

BUSINESS

PTG denies fuel profiteering allegations

Business, Yuthana Praiwan, Published on 04/04/2026

» PTG Energy, a SET-listed oil trader under the PT brand, has dismissed speculation that it was hoarding fuel for profit, adding it has no plans to pursue legal action against those spreading the accusations.

BUSINESS

Liquidity pressures rise in Thai bond market

Business, Nuntawun Polkuamdee, Published on 04/04/2026

» The corporate bond market faces a critical test this year, as heightened refinancing risks amid a slowing economy and escalating geopolitical tensions threaten roughly 687 billion baht in bonds set to mature over the remaining three quarters, according to the Thai Bond Market Association (ThaiBMA).

BUSINESS

Mideast uncertainty keeps pressure on equities

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 04/04/2026

» RECAP: Asian shares remained under pressure yesterday amid dimming hopes for a swift end to the Middle East conflict, though reports that Oman and Iran were drafting terms for reopening the Strait of Hormuz offered some respite. Volumes were thin with some markets closed for the Good Friday holiday.

BUSINESS

EV demand fuels Krungsri Auto's expansion plans

Somruedi Banchongduang, Published on 03/04/2026

» Krungsri Auto, the automotive finance arm of Krungsri (Bank of Ayudhya), aims to maintain its leadership in electric vehicle (EV) lending as demand rises amid surging oil prices.

BUSINESS

Gold retreats as Fed rate hopes fade

Business, Nareerat Wiriyapong, Published on 03/04/2026

» Gold prices remain under downward pressure after United States President Donald Trump's statement on the ongoing military campaign in Iran, which dampened hopes of an interest rate cut. Analysts predict a key support range of US$4,400 an ounce and 66,900 baht for the domestic price.

BUSINESS

TQM premium growth target remains on track

Business, Nareerat Wiriyapong, Published on 03/04/2026

» Despite near-term challenges from the Middle East war, TQM Insurance Broker remains on track to grow its premiums by 8-10% to 22 billion baht this year thanks to booming electric vehicle (EV) policies due to elevated oil prices.

BUSINESS

CRC Sports invests B200m in expansion, renovations

Business, Kuakul Mornkum, Published on 02/04/2026

» Supersports, a subsidiary of SET-listed Central Retail Corporation Plc (CRC), plans to open two new stores this year and renovate 10 outlets.