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Search Result for “face mask crisis”

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BUSINESS

Trump brushes off high fuel costs as ‘fake’ in economic speech

New York Times, Published on 17/04/2026

» LAS VEGAS — United States President Donald Trump on Thursday dismissed high fuel costs amid his war with Iran, claiming that the economic damage inflicted by the war was much less severe than expected.

BUSINESS

Tourism sector seeking clear policies

Business, Molpasorn Shoowong, Published on 17/04/2026

» Tourism operators have criticised the government for lacking clear policies to address the debt burden and improve the competitiveness of small and medium-sized operators.

BUSINESS

Fuel crisis upends state's fiscal plans

Business, Wichit Chantanusornsiri, Published on 17/04/2026

» The energy crisis may pose a challenge for the government in pursuing its fiscal plan, which aims to reduce the fiscal deficit to no more than 3% of GDP, increase revenue through a higher value-added tax (VAT), and keep public debt below 70% of GDP, according to the Finance Ministry.

BUSINESS

Agency raises diesel price ceiling in cost formula

Business, Wichit Chantanusornsiri, Published on 17/04/2026

» The Comptroller General's Department has raised the diesel price ceiling used in calculating reference prices for public construction projects to no more than 69.99 baht per litre, in order to reflect the rising costs of government construction works resulting from the war in the Middle East.

BUSINESS

Fresh digital plan to fortify Thailand

Business, Komsan Tortermvasana, Published on 17/04/2026

» The Ministry of Digital Economy and Society (DES) has overhauled its strategy, aiming to position itself as the nation's centralised digital connectivity hub to strengthen Thailand against global uncertainties, cyberthreats and natural disasters, while ensuring transparent welfare distribution.

BUSINESS

Mark Mobius, champion of emerging markets, dies at 89

Reuters, Published on 16/04/2026

» ⁠Mark Mobius, widely credited ​as a pioneer in emerging markets investing, died on Wednesday at the age of 89, according ​to a statement on his LinkedIn ‌page.

BUSINESS

Thailand central bank cuts 2026 growth, says no limits to worst-case scenarios if war continues

Reuters, Published on 16/04/2026

» WASHINGTON - Thailand faces slower growth this year due to the Iran war and there are almost "no limits" to worst-case economic scenarios if the conflict continues, a senior Bank of Thailand official told Reuters.

BUSINESS

Gloomy outlook for Michelin-listed eateries

Business, Molpasorn Shoowong, Published on 16/04/2026

» Michelin-listed restaurant operators expect a gloomy outlook for the dining business this year, hampered by sluggish spending and surging energy costs.

BUSINESS

Semiconductor shortage driving up IT product prices

Business, Lamonphet Apisitniran, Published on 16/04/2026

» Semiconductors are becoming increasingly scarce as booming demand from artificial intelligence (AI), data centres and cloud services reshapes the global market, according to Supant Mongkolsuthree, honorary chairman of the Federation of Thai Industries.

BUSINESS

Virtual banks taking shape

Business, Somruedi Banchongduang, Published on 16/04/2026

» Two virtual banks, Bank X and Clicx Bank, are pursuing similar strategies in the retail and food ecosystem, focusing on underserved customer segments as a key growth driver for their virtual banking businesses.