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BUSINESS

Songkran spending set to fall this year

Kuakul Mornkum, Published on 09/04/2026

» The University of the Thai Chamber of Commerce (UTCC) has revised down its forecast for this year’s Songkran spending to as low as 120 billion baht, from a previous 129.6 billion baht, citing rising diesel prices.

BUSINESS

Tourism minister chasing B3-trillion goal

Molpasorn Shoowong, Published on 09/04/2026

» Thailand’s tourism minister has vowed to restore tourism revenue to more than 3 trillion baht, exceeding pre-pandemic levels within the new government’s four-year term, and will proceed with a 300-baht tourism fee, as adopted in many countries.

BUSINESS

Central bank chief expects no change in interest rate

Reuters and Post Reporters, Published on 09/04/2026

» The Bank of Thailand will keep its policy interest rate ​on hold, with ‌economic growth projected at 1.3% to 1.7% this year, governor Vitai Ratanakorn said on Thursday.

BUSINESS

Huge bets on oil plunge placed just before ceasefire news

Published on 09/04/2026

» LONDON - Investors placed approximately $950 million in bets on oil prices falling just hours before the United States and Iran announced a ceasefire, the latest large wager on the direction of the ​world’s most traded commodity ahead ⁠of a major policy announcement by President Donald Trump.

BUSINESS

Thailand promotes climate transition and ‘amber’ bonds

News, Nuntawun Polkuamdee, Published on 09/04/2026

» Thailand’s Capital Market Supervisory Board has approved new regulatory frameworks to support the issuance of transition bonds and “amber” bonds, alongside plans to introduce Bitcoin exchange-traded funds (ETFs) by the third quarter of this year.

BUSINESS

Jet fuel supply could take months to recover after Hormuz reopening

Reuters, Published on 08/04/2026

» SINGAPORE — The head of a ​body representing global airlines said on Wednesday that even if Iran reopened the Strait ​of Hormuz it would take months ‌for jet fuel supply to recover given disruptions to Middle East refining capacity.

BUSINESS

Brazil blacklists BYD for slave labour conditions at its biggest plant outside China

South China Morning Post, Published on 08/04/2026

» RIO DE JANEIRO — Brazil's labour ministry on Tuesday added Chinese electric vehicle (EV) giant BYD (Build Your Dreams) to a registry of employers found to have subjected workers to conditions analogous to slavery, limiting access to state financing and increasing reputational risks in its most important market outside China.

BUSINESS

Crude prices plunge, stocks surge as US and Iran agree ceasefire

AFP, Published on 08/04/2026

» HONG KONG — Oil prices plunged on Wednesday while stocks rallied after the United States and Iran agreed to a two-week ceasefire that will see Tehran temporarily reopen the vital Strait of Hormuz.

BUSINESS

Epac cuts ex-refinery prices by 2 baht per litres

Yuthana Praiwan, Published on 07/04/2026

» The Energy Policy Administration Committee (Epac) has resolved to reduce ex-refinery prices by 2 baht per litre, a move expected to lower domestic diesel prices by 2.14 baht per litre by this Friday.

BUSINESS

Asian airlines trim schedules and carry extra fuel as supplies tighten

Reuters, Published on 07/04/2026

» HONG KONG/SINGAPORE - Airlines across Asia are cutting flights, carrying extra ​fuel from home airports and adding refuelling stops as the Middle East conflict squeezes jet fuel ‌supply in some countries, adding to pressure on an industry already hit by a sharp jump in fuel costs.