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Search Result for “exchange rate”

Showing 1 - 10 of 10,000

BUSINESS

Oil price spike threatens to cut Thai GDP growth, raise inflation

Business, Boonsong Lipimas, Published on 24/03/2026

» A rise in global oil prices poses a growing risk to Thailand's economic outlook, with Tisco Financial Group warning that a 10% increase in crude from a baseline of US$72 per barrel could trim GDP growth by 0.3-0.4 percentage points, while lifting inflation by about 0.8%.

BUSINESS

Hotels slash rates to lure Songkran market

Business, Narumon Kasemsuk, Published on 24/03/2026

» Concerned by a nosedive in European arrivals and low confidence due to fuel shortages among local travellers, hotel operators have started to offer discounts of 20-40% to attract tourists during the upcoming Songkran holiday.

BUSINESS

Baht set to fall further amid Mideast wartime pressures

Business, Somruedi Banchongduang, Published on 24/03/2026

» The baht is expected to depreciate to 33.50 per US dollar this week after testing a nine-month low of 33 on Monday, amid heightened uncertainties surrounding the conflict in the Middle East.

BUSINESS

Energy security now a daunting problem

Business, Nareerat Wiriyapong, Published on 23/03/2026

» Amid spikes in global crude oil and gas prices, the government has deployed several measures including price caps to ensure energy security and ease the cost of living.

BUSINESS

Ministry eyes oil excise tax trims

Business, Wichit Chantanusornsiri, Published on 23/03/2026

» The Finance Ministry is weighing the extent of potential oil tax cuts to keep retail fuel prices at a level the economy can absorb, while also avoiding excessive impact on government revenue.

BUSINESS

Mideast conflict threatens Thai growth

Business, Somruedi Banchongduang, Published on 21/03/2026

» The Bank of Thailand is warning the war in the Middle East could weigh on Thailand's economy across multiple fronts, potentially dragging GDP growth below its 2% forecast for this year.

BUSINESS

Volatility easing as traders adjust to war

Business, Bualuang Securities, Published on 21/03/2026

» Trade on Thai and global stock markets has been volatile this month amid escalating conflicts in the Middle East. This week, attacks on energy infrastructure by both the Israeli-US and Iranian sides are having a direct impact on energy prices and availability.

BUSINESS

Baht may fall to 35 per dollar if war persists

Business, Somruedi Banchongduang, Published on 20/03/2026

» The baht is expected to weaken to 34-35 to the US dollar if the Middle East conflict drags on for two months, pushing oil prices above US$100 per barrel, according to Kasikorn Research Center (K-Research).

BUSINESS

Rising costs pressure rice, water markets

Business, KUAKUL MORNKUMKOMSAN TORTERMVASANASOMHATAI MOSIKA, Published on 19/03/2026

» Producers of bagged rice and bottled mineral water have said they will maintain current prices until the end of April, with any future price changes dependent on developments in the Middle East.

BUSINESS

Analysts warn of war's impact on sector

Business, Nareerat Wiriyapong, Published on 19/03/2026

» Thai banks risk realising negative impacts from the US-Israeli military strikes on Iran, especially if oil prices remain above US$100 per barrel, potentially forcing them to set aside extra provisions or expected credit losses for management overlay from the conflicts, say analysts.