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Search Result for “combat operations continue”

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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

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

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

Proposal for regional tourism network

Business, Narumon Kasemsuk, Published on 03/04/2026

» Thai tourism should ramp up its targets in six potential markets reachable via six-hour flights to mitigate the impact of the oil crisis, while leveraging 12 million outbound travellers to foster two-way tourism that benefits all markets, according to the Association of Thai Travel Agents (Atta).

BUSINESS

Malee predicts revenue growth of up to 12%

Business, Somhatai Mosika, Published on 03/04/2026

» Malee Group Plc, a fruit juice producer, says the effects of the war in the Middle East remain manageable as it targets 9-12% revenue growth this year, up from 7.8 billion baht in 2025.

BUSINESS

Commercial EVs picked to propel Thai boom

Business, Lamonphet Apisitniran, Published on 02/04/2026

» Thailand's battery electric vehicle (BEV) market is expected to gain significant momentum this year, with sales projected to surpass 120,000 units partially due to soaring oil prices, says the Electric Vehicle Association of Thailand (EVAT).

BUSINESS

Polluted Chiang Mai to suffer at Songkran

Business, Molpasorn Shoowong, Published on 02/04/2026

» Northern tourism operators expect a poor showing during the Songkran holiday as the region remains choked by smog, amid weak spending attributed to the war in the Middle East and the subsequent oil shock.

BUSINESS

SpaceX files to go public, paving way for record stock offering

AFP, Published on 02/04/2026

» NEW YORK - Elon Musk's SpaceX has filed papers with US regulators that set the stage for what could be the largest-ever public stock offering, a source familiar with the matter told AFP on Wednesday.

BUSINESS

True Shopping shuts amid expanding digital reboot

Business, Komsan Tortermvasana, Published on 02/04/2026

» True Shopping, operated by True GS, announced the closure of its home shopping business on April 1 after more than 14 years of operation, citing intensifying competition in the retail and e-commerce sectors.