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BUSINESS

Huge loan needed to finance fuel subsidies

Business, Yuthana Praiwan, Published on 04/04/2026

» Thailand's Oil Fuel Fund is seeking a loan of up to 150 billion baht to stabilise its finances and continue subsidising domestic fuel prices as global diesel costs soar, according to Prasert Sinsukprasert, energy permanent secretary.

BUSINESS

Xpeng eyes Thai plant as EV demand surges

Lamonphet Apisitniran, Published on 03/04/2026

» Chinese electric vehicle maker Xpeng is conducting a feasibility study on establishing a manufacturing plant in Thailand to support its export market, with a final decision expected within 1-2 years.

BUSINESS

Business leaders slash Thai growth forecast

Business, Lamonphet Apisitniran, Published on 02/04/2026

» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has lowered its Thai GDP growth forecast to a range of 1.2-1.6%, citing the ongoing energy crisis triggered by war in the Middle East. The previous projection was 1.6-2.0%.

BUSINESS

Fuel crisis powers surge in EV interest in Asia

Reuters, Published on 01/04/2026

» Motorists across the Asia-Pacific region are switching to electric vehicles at a rapid pace, as rising fuel costs due to the Middle East war force consumers and companies ​to reconsider their reliance on petrol and diesel vehicles.

BUSINESS

Depleted Oil Fuel Fund to apply for loan

Business, Yuthana Praiwan, Published on 01/04/2026

» Authorities are preparing to seek a loan from commercial banks to stabilise Thailand's fast-depleting Oil Fuel Fund, following the announcement of the new cabinet under Prime Minister Anutin Charnvirakul.

BUSINESS

AirAsia still confident despite price pressures

Business, Molpasorn Shoowong, Published on 31/03/2026

» AirAsia says soaring airfares are inevitable amid the Middle East conflict and oil crisis, but it remains confident about travel demand across its network and vows to maintain affordable airfares as much as possible.

BUSINESS

Traders advise Bitcoin bounce may constitute a 'bull trap'

Nuntawun Polkuamdee, Published on 30/03/2026

» Investors are advised to exercise caution with Bitcoin, as analysts warn a sharp price rebound amid escalating geopolitical tensions may be driven more by short-term market dynamics than by a sustainable shift in fundamentals.

BUSINESS

Push for electric bus upgrade by 2029

Business, Ranjana Wangvipula, Published on 30/03/2026

» Caretaker transport minister Phiphat Ratchakitprakarn is stepping up efforts to switch all diesel-powered interprovincial buses in Bangkok to electric buses during the Anutin Charnvirakul administration to save on oil expenses.

BUSINESS

Energy wake-up call

Business, Somhatai Mosika, Suchit Leesa-nguansuk and Komsan Tortermvasana, Published on 30/03/2026

» Business leaders are calling for the government to study long-term energy security strategies to reduce reliance on imported energy and expand access to renewable sources in the wake of the ongoing crisis stemming from war in the Middle East.

BUSINESS

Analyst calls for wider mix of Thai energy inputs

Business, Wichit Chantanusornsiri, Published on 30/03/2026

» The ongoing energy crisis has underscored the need for Thailand to accelerate the development of a broader mix of energy sources to strengthen its self-reliance, according to an analyst.