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Search Result for “hormuz”

Showing 1 - 10 of 27

BUSINESS

Opec production increase expected to keep oil prices low

Business, Yuthana Praiwan, Published on 08/07/2025

» Global oil prices are expected to remain low this week following the decision of Opec and its allies to increase production, says Thai Oil Plc (TOP), the country's largest refiner by capacity.

BUSINESS

Tax policies, interest rates align for domestic market

Business, Nuntawun Polkuamdee, Published on 02/07/2025

» Thailand's digital asset market is poised to keep growing as favourable domestic tax policies align with expected cuts in global interest rates, while institutional adoption gains globally.

BUSINESS

Adding fuel to the fire

Business, Yuthana Praiwan, Lamonphet Apisitniran and Nareerat Wiriyapong, Published on 30/06/2025

» The unpredictable Israel-Iran conflict is intensifying the disorder overwhelming the Pheu Thai Party's coalition government.

BUSINESS

Analysts: War threatens Thai economy

Business, Nareerat Wiriyapong, Published on 30/06/2025

» Amonthep Chawla, chief economist at CIMB Thai Bank (CIMBT), said even though tensions have eased, the ongoing conflicts in the Middle East remain a threat to the Thai economy, in addition to US President Donald Trump's tariffs and the border dispute with Cambodia.

BUSINESS

Navigating twin crises and tightened monetary policy

Business, InnovestX Securities, Published on 28/06/2025

» Financial markets in Thailand are confronting an unprecedented twin crisis, as political uncertainty from the audio clip scandal converges with escalating Middle East tensions that have rattled global capital markets.

BUSINESS

Shippers told to prep contingency plans

Business, Phusadee Arunmas, Published on 26/06/2025

» The Thai National Shippers' Council (TNSC) has observed a slowdown in orders for rice, chicken, rubber, food and electrical appliances due to the ongoing uncertainty surrounding the conflict in the Middle East.

BUSINESS

Office fears strait's closure could disrupt shipments

Business, Phusadee Arunmas, Published on 25/06/2025

» The possible closure of the Strait of Hormuz could increase transport costs and freight rates for Thailand, while also affecting inflation and exports to the Middle East, says the Trade Policy and Strategy Office (TPSO).

BUSINESS

PTT Oil and Retail Business says Cambodian oil ban will not affect firm

Business, Yuthana Praiwan, Published on 24/06/2025

» SET-listed PTT Oil and Retail Business (OR) does not expect Cambodia's ban on energy imports from Thailand to seriously affect its trade through 186 petrol stations in Cambodia.

BUSINESS

Thai shippers allay concerns over closure of Strait of Hormuz

Business, Phusadee Arunmas, Published on 24/06/2025

» The Thai National Shippers' Council says a complete closure of the Strait of Hormuz would boost oil prices. However, negotiations are expected to address this issue and the situation will be resolved soon.

BUSINESS

Attack on Iran puts pressure on Thai stocks

Business, Nuntawun Polkuamdee and Wichit Chantanusornsiri, Published on 24/06/2025

» The Stock Exchange of Thailand (SET) is on high alert as the US bombing of Iran has raised fears of further attacks and intensifying conflict in the Middle East, leading global oil prices to spike.