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Search Result for “energy tariff hike”

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BUSINESS

Thailand touts $31 billion 'Land Bridge' plan amid Hormuz crisis, courts Singapore

Reuters, Published on 27/04/2026

» The closure of ​the Strait of Hormuz has given Thailand impetus to advance a longstanding plan to create ​a logistics link between the Indian ‌and Pacific oceans, with its government on Monday seeking to court Singapore as a potential investor.

BUSINESS

Japan bathhouses in deep water as energy costs boil over

Kyodo News, Published on 27/04/2026

» Traditional public bathhouses in Japan are in deep water as soaring energy costs triggered by the Middle East oil supply disruptions threaten to extinguish the fires of a fading tradition, with some of them forced to shorten their hours or even shut their doors for good.

BUSINESS

Oil climbs nearly 2% as US-Iran peace talks stall

Reuters, Published on 27/04/2026

» SINGAPORE - Oil prices extended gains on Monday, rising nearly 2% as peace talks between the United States and Iran stalled while shipments through the Strait of Hormuz remained limited, keeping global oil ​supplies tight.

BUSINESS

Rising oil, power costs weigh on steel

Business, Lamonphet Apisitniran, Published on 27/04/2026

» Thailand's steel and iron industry is reeling from the impact of soaring oil prices triggered by the Middle East conflict, as higher shipping costs for imported iron ore -- the key raw material for steelmaking -- push production expenses to new heights.

BUSINESS

Nation prepares for long, hot dry season

Business, Wichit Chantanusornsiri, Nareerat Wiriyapong and Somhatai Mosika, Published on 27/04/2026

» The likelihood of a "super El Niño" poses a serious threat to Thailand's agricultural sector, particularly rice production, potentially increasing food security risks.

BUSINESS

Discount tilt enhances Tops' spending, sales growth

Business, Kuakul Mornkum, Published on 27/04/2026

» Tops, a food business under Central Retail Corporation, aims to emphasise its house brand products amid challenging economic conditions, while launching discount campaigns to attract customers.

BUSINESS

Govt to rebalance trade with the US

Somhatai Mosika, Published on 26/04/2026

» Deputy Prime Minister and Commerce Minister Suphajee Suthumpun has reaffirmed Thailand's commitment to strengthening trade and investment ties with the United States following talks with US Ambassador to Thailand Sean O'Neill on Friday.

BUSINESS

Trade experts outline Thai export scenarios

Business, Somhatai Mosika, Published on 25/04/2026

» Exports for the year are projected to range from growth of 8% to a 3% contraction, depending on geopolitical developments, global economic growth and inflation, according to the Trade Policy and Strategy Office (TPSO).

BUSINESS

Struggling to decode fog of war

Business, InnovestX Securities, Published on 25/04/2026

» The Strait of Hormuz crisis has entered a dangerous new phase, illustrating Carl von Clausewitz's dictum that war is the realm of uncertainty.

BUSINESS

Regional equity investors find little to cheer

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 25/04/2026

» RECAP: Asian shares struggled to gain traction on Friday and oil prices resumed their rise, as a shaky ceasefire in the Middle East war and stalled US-Iran peace talks ‌gave investors little to cheer.