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BUSINESS

Oil price spike forecast to slash Thai GDP growth

Business, Wichit Chantanusornsiri, Published on 18/03/2026

» Every US$10 increase in the oil price per barrel is expected to reduce Thai GDP by 0.2 percentage points, according to caretaker finance minister Ekniti Nitithanprapas.

BUSINESS

Economist signals risk from oil shortages

Somruedi Banchongduang and Wichit Chantanusornsiri, Published on 17/03/2026

» Thailand faces a heightened risk of oil shortages as the country relies more heavily on imported energy than most of its regional peers, according to the research centre of Kiatnakin Phatra Financial Group (KKP).

BUSINESS

Fiscal position ‘sufficient’ for fuel subsidies

Wichit Chantanusornsiri, Published on 10/03/2026

» The government is in good fiscal condition, with a buffer of 300 billion baht if it needs to guarantee loans for the Oil Fuel Fund for subsidies, according to the Ministry of Finance.

BUSINESS

Thailand braces for fallout from Mideast war

Business, Wichit Chantanusornsiri, Molpasorn Shoowong and Nareerat Wiriyapong, Published on 09/03/2026

» Thailand's fragile economic recovery faces fresh challenges after war erupted between a US-Israel alliance and Iran.

BUSINESS

Insurer: Disaster losses fell in 2025 but picture still ‘alarming’

AFP, Published on 13/01/2026

» FRANKFURT - Natural disaster losses worldwide dropped sharply to $224 billion in 2025, the reinsurer Munich Re said on Tuesday, but warned of a still “alarming” picture of extreme weather events likely driven by climate change.

BUSINESS

Phu Kradueng cable car project on track

Business, Molpasorn Shoowong, Published on 09/10/2025

» Despite the change in government, the Phu Kradueng cable car project is expected to proceed as scheduled and be completed by late 2027 or early 2028, as construction design firms have already been contracted, according to the Designated Areas for Sustainable Tourism Administration (Dasta).

BUSINESS

Rabbit Life sales surge by 22% in first 8 months

Business, Nuntawun Polkuamdee, Published on 01/10/2025

» Rabbit Life Insurance, a subsidiary of BTS Group Holdings, is targeting 2.6 billion baht in premiums this year amid robust demand for whole life, health and annuity insurance products.

BUSINESS

"La Clef Bangkok" Fine Dining Meets Ultra-Luxury at THE RESIDENCES 38

Business, Published on 29/09/2025

» Rabbit Holdings Public Company Limited, a subsidiary of BTS Group Holdings, in cooperation with Ananda Development, has officially launched THE RESIDENCES 38 in Bangkok’s prime Thonglor district. The project also marks the debut of La Clef Bangkok by The Crest Collection in Thailand, a luxury serviced residence managed by The Ascott Limited. 

BUSINESS

Gogolook becoming a scam prevention firm

Business, Suchit Leesa-nguansuk, Published on 12/09/2025

» Gogolook, the developer of anti-scam application Whoscall, is undergoing a transformation from a scam detection company to a scam prevention firm.

BUSINESS

In dire need of direction

Business, Post Reporters, Published on 08/09/2025

» Thai politics has once again reached a turning point, as the Pheu Thai Party had two prime ministers impeached by the Constitutional Court and is set to take up the role of an opposition party.