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Search Result for “european central bank”

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BUSINESS

UAE quits Opec in blow to global oil cartel

Reuters, Published on 28/04/2026

» DUBAI - The United Arab Emirates said on Tuesday it was quitting Opec and ​Opec+, dealing a heavy blow to the ‌oil exporting groups and their de facto leader, Saudi Arabia, at a time when the Iran war has caused a historic energy shock and unsettled the global economy.

BUSINESS

Thai Airways to almost double fuel surcharges this week

Online Reporters, Published on 28/04/2026

» Thai Airways International will raise its fuel surcharges by nearly 100% on many routes for tickets issued from May 1 onwards to cope with the soaring price of jet fuel.

BUSINESS

Finance Ministry cuts 2026 growth forecast to 1.6% due to Middle East war

Reuters, Published on 28/04/2026

» Thailand’s Ministry of Finance lowered its 2026 growth forecast to 1.6% from 2.0%, citing the impact of the war in the Middle East, and said government measures would provide some support to activity.

BUSINESS

Refund crisis as more flights are cancelled

Business, Molpasorn Shoowong, Published on 28/04/2026

» The Thai Travel Agents Association (TTAA) is urging the government to coordinate with airlines to provide refunds covering losses for tour operators due to flight cancellations, as they have already incurred costs for hotels and transport at destinations.

BUSINESS

Car market posts growth in March

Business, Lamonphet Apisitniran, Published on 28/04/2026

» Thailand's domestic car market accelerated in March, with sales climbing 7% year-on-year to 59,865 units, driven by surging demand for electric vehicles (EVs) as consumers sought relief from rising oil prices amid Middle East tensions, according to the Federation of Thai Industries (FTI).

BUSINESS

Investors revert back to 'risk-on' mode

Business, Nuntawun Polkuamdee, Published on 28/04/2026

» Global financial markets are shifting back into a "risk-on" mode as investors increasingly look beyond geopolitical tensions and refocus on macroeconomic signals and policy direction, says Asia Plus Securities (ASPS).

BUSINESS

BoT set to leave interest rates unchanged

Business, Somruedi Banchongduang, Published on 28/04/2026

» Local research centres expect the Bank of Thailand to leave interest rates unchanged at Wednesday's meeting, adopting a wait-and-see approach amid the ongoing war in the Middle East.

BUSINESS

Thai SMEs urged to seek new markets amid shipping hurdles

Business, Wichit Chantanusornsiri, Published on 28/04/2026

» Exports by Thai small and medium-sized enterprises (SMEs) are expected to be adversely affected by changes in shipment patterns, says the head of the Export-Import (Exim) Bank of Thailand.

BUSINESS

EssilorLuxottica launches new R&D centre in Bangkok

Business, Kuakul Mornkum, Published on 28/04/2026

» EssilorLuxottica, the Franco-Italian eyewear group, has announced the official launch of its new 5,000-square-metre research and development (R&D) facility in Bangkok.

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.