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BUSINESS

Fuel crisis powers surge in EV interest in Asia

Reuters, Published on 01/04/2026

» Motorists across the Asia-Pacific region are switching to electric vehicles at a rapid pace, as rising fuel costs due to the Middle East war force consumers and companies ​to reconsider their reliance on petrol and diesel vehicles.

BUSINESS

Food exports poised to drop by over 7%

Business, Somhatai Mosika, Published on 01/04/2026

» Food exports are projected to decline by 7.3% year-on-year to 1.4 trillion baht this year, possibly hitting their lowest level in five years due to Middle East conflicts, say industry groups.

BUSINESS

Ekniti outlines new policy approach

Business, Wichit Chantanusornsiri, Published on 01/04/2026

» Any attempt to keep energy prices artificially low, in defiance of market mechanisms, could trigger a double whammy within the country, says Finance Minister Ekniti Nitithanprapas.

BUSINESS

Stronger baht hurts travel

Business, Molpasorn Shoowong, Published on 01/04/2026

» The tourism sector could lose 15-17% of revenue if the baht strengthens beyond 30 per US dollar, according to a former governor of the Tourism Authority of Thailand (TAT).

BUSINESS

Business jet demand soars in Asia

Business, Molpasorn Shoowong, Published on 30/03/2026

» Amid commercial flight disruptions caused by the Mideast war, business jet usage is booming in Thailand and Southeast Asia, with plane manufacturers marketing their latest models of long‑range aircraft to wealthy individuals seeking to expand their businesses internationally.

BUSINESS

Is the war a threat to subsea cable systems?

Business, Komsan Tortermvasana, Published on 28/03/2026

» State authorities and telecom operators are alert to potential risks to undersea cable systems stemming from the conflict in the Middle East, aiming to ensure their international connections in Thailand remain stable and unaffected.

BUSINESS

Thailand mulls windfall tax on oil refineries

Business, Wichit Chantanusornsiri, Published on 28/03/2026

» The Fiscal Policy Office (FPO) has acknowledged it is studying the feasibility of introducing a windfall tax on refinery businesses in Thailand.

BUSINESS

Thai hospital boom set to continue despite conflict

Business, Nareerat Wiriyapong, Published on 27/03/2026

» Though patients from the Middle East are shrinking as a result of war, analysts are upbeat about prospects for Thai hospitals this year as the country has emerged as a medical and wellness hub and is transitioning into a "super-aged" society.

BUSINESS

Seagate puts faith in Thai production

Business, Suchit Leesa-nguansuk, Published on 27/03/2026

» Amid geopolitical uncertainty, Seagate Technology is reinforcing Thailand as a strategic base by upgrading manufacturing with advanced technologies to support artificial intelligence (AI)-driven data infrastructure.

BUSINESS

Malaysia cuts subsidised fuel quotas on global oil price surge

Bloomberg News, Published on 26/03/2026

» KUALA LUMPUR - Malaysia’s government will cut subsidised allocations for its most popular fuel from April as it seeks to curb leakages and relieve fiscal pressure from a surge in oil prices owing to the Middle East conflict.