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BUSINESS

OR expands EV services amid oil price volatility

Business, Yuthana Praiwan, Published on 01/04/2026

» PTT Oil and Retail Business Plc (OR) is channeling funds into electric vehicle (EV) services to expand its electric mobility business amid rising concerns among motorists over volatile global oil prices.

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

Energy security now a daunting problem

Business, Nareerat Wiriyapong, Published on 23/03/2026

» Amid spikes in global crude oil and gas prices, the government has deployed several measures including price caps to ensure energy security and ease the cost of living.

BUSINESS

Fuel panic spreads as pumps run dry

Business, Somruedi Banchongduang, Wichit Chantanusornsiri and Kuakul Mornkum, Published on 23/03/2026

» Long queues at petrol stations across Thailand and "out of fuel" signs for diesel, the backbone of the transport sector, have raised public concern over the past week about the country's ability to manage energy reserves.

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

Using credit scores to gauge interest

Business, Somruedi Banchongduang, Published on 23/02/2026

» For decades, Thai banks have relied on borrowers' monthly income to decide how much interest they should pay on personal loans. Now an individual's credit score can help determine interest rates, a shift that could reshape how consumers borrow and how banks manage risk.

BUSINESS

Rethinking the central bank's role

Business, Wichit Chantanusornsiri, Somruedi Banchongduang, Somhatai Mosika and Lamonphet Apisitniran, Published on 16/02/2026

» With Thai economic growth this year expected to sink to its weakest level in a decade, excluding the pandemic shock, Bank of Thailand governor Vitai Ratanakorn recently signalled a possible shift in the central bank's role, seeking more active engagement with problems in the real economy.

BUSINESS

Office says fiscal space remains sound, though limited

Business, Wichit Chantanusornsiri, Published on 04/02/2026

» Thailand will still have sufficient fiscal space to cope with potential crises, while the likelihood of public debt breaching the statutory ceiling of 70% of GDP remains very low this year, says the Public Debt Management Office (PDMO).

BUSINESS

Crypto-backed loans allowed on novel Thai platform

Business, Nuntawun Polkuamdee, Published on 30/01/2026

» Liberix, a Thailand-based financial services platform, has launched the country's first platform allowing users to borrow baht using Bitcoin and other digital assets as collateral, expanding the use of cryptocurrencies beyond trading and speculation.

BUSINESS

State rice support measures extended

Business, Wichit Chantanusornsiri, Published on 07/01/2026

» The cabinet has approved an extension of the government's rice support measures, citing ongoing volatility in the global rice market.