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BUSINESS

Oil price spike threatens to cut Thai GDP growth, raise inflation

Business, Boonsong Lipimas, Published on 24/03/2026

» A rise in global oil prices poses a growing risk to Thailand's economic outlook, with Tisco Financial Group warning that a 10% increase in crude from a baseline of US$72 per barrel could trim GDP growth by 0.3-0.4 percentage points, while lifting inflation by about 0.8%.

BUSINESS

Oil shock hits supermarket transportation in the South

Business, Kuakul Mornkum, Published on 24/03/2026

» The petrol shortage is causing headaches for MAI‑listed Mother Marketing, the operator of the Mother Supermarket chain in southern Thailand, prompting the company to urge the government to resolve the issue urgently.

BUSINESS

Minor banking on asset‑light model

Business, Kanana Katharangsiporn, Published on 24/03/2026

» Minor Hotels, a subsidiary of SET-listed Minor International, plans to rebalance its investment‑heavy portfolio to a 50:50 mix from two‑thirds by prioritising asset‑light and franchise models, aiming to accelerate growth while maintaining selective investments.

BUSINESS

War seen unlikely to disrupt internet services in Thailand

Komsan Tortermvasana, Published on 23/03/2026

» Major telecommunications operators have reassured customers that their internet services in Thailand remain stable and unaffected, mainly due to their network redundancy systems and diversified routing paths, despite potential risks to undersea cable systems stemming from the conflict in the Middle East.

BUSINESS

Mideast conflict dents chip manufacturing

Lamonphet Apisitniran, Published on 23/03/2026

» The United States and Israeli military operations against Iran are disrupting global supply chains, hitting semiconductor manufacturing hard and reverberating through chip‑dependent industries, particularly the automotive sector, which is watching developments closely.

BUSINESS

Grab to buy Delivery Hero’s Taiwan business for $600 million

Bloomberg News, Published on 23/03/2026

» SINGAPORE — Grab Holdings Ltd agreed to buy Delivery Hero SE’s Foodpanda operations in Taiwan for US$600 million, a deal that marks its first foray outside of its Southeast Asian base.

BUSINESS

Gold prices plunge in Thailand

Online Reporters, Published on 23/03/2026

» Gold prices in Thailand dropped sharply on Monday, falling by 3,850 baht from the previous close, according to the latest update from the Gold Traders Association.

BUSINESS

Middle East war: global economic fallout

AFP, Published on 23/03/2026

» PARIS — Here are the latest economic events in the Middle East war:

BUSINESS

Global economy under 'major threat' from Strait of Hormuz crisis: IEA chief

AFP, Published on 23/03/2026

» SYDNEY - The global economy is under "major threat" from the energy crisis caused by the Middle East war and "no country will be immune" to its effects, International Energy Agency chief Fatih Birol said on Monday.

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.