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BUSINESS

Middle East markets hit hardest by Iran conflict

Business, Narumon Kasemsuk, Published on 04/04/2026

» Middle Eastern markets, particularly Israeli arrivals, have been hit the hardest by the Gulf war, with more than 120,000 airline seats lost, while the US is expected to be the only long-haul market still solid in the coming months, according to the Thai Hotels Association (THA).

BUSINESS

Mideast uncertainty keeps pressure on equities

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 04/04/2026

» RECAP: Asian shares remained under pressure yesterday amid dimming hopes for a swift end to the Middle East conflict, though reports that Oman and Iran were drafting terms for reopening the Strait of Hormuz offered some respite. Volumes were thin with some markets closed for the Good Friday holiday.

BUSINESS

Proposal for regional tourism network

Business, Narumon Kasemsuk, Published on 03/04/2026

» Thai tourism should ramp up its targets in six potential markets reachable via six-hour flights to mitigate the impact of the oil crisis, while leveraging 12 million outbound travellers to foster two-way tourism that benefits all markets, according to the Association of Thai Travel Agents (Atta).

BUSINESS

Polluted Chiang Mai to suffer at Songkran

Business, Molpasorn Shoowong, Published on 02/04/2026

» Northern tourism operators expect a poor showing during the Songkran holiday as the region remains choked by smog, amid weak spending attributed to the war in the Middle East and the subsequent oil shock.

PROPERTY

Supalai joins forces with SISB for Rangsit housing project

Business, Kanana Katharangsiporn, Published on 02/04/2026

» SET-listed developer Supalai has joined hands with Singapore International School (SISB) for its Rangsit project following a land acquisition of more than 300 rai, its largest in years, aiming to attract housing demand from parents seeking proximity to quality education.

BUSINESS

Food exports poised to drop by over 7%

Business, Somhatai Mosika, Published on 01/04/2026

» Food exports are projected to decline by 7.3% year-on-year to 1.4 trillion baht this year, possibly hitting their lowest level in five years due to Middle East conflicts, say industry groups.

BUSINESS

Ekniti outlines new policy approach

Business, Wichit Chantanusornsiri, Published on 01/04/2026

» Any attempt to keep energy prices artificially low, in defiance of market mechanisms, could trigger a double whammy within the country, says Finance Minister Ekniti Nitithanprapas.

BUSINESS

Stronger baht hurts travel

Business, Molpasorn Shoowong, Published on 01/04/2026

» The tourism sector could lose 15-17% of revenue if the baht strengthens beyond 30 per US dollar, according to a former governor of the Tourism Authority of Thailand (TAT).

PROPERTY

Mideast expats eye Thai luxury homes

Business, Kanana Katharangsiporn, Published on 01/04/2026

» The conflict in the Middle East has begun to prompt expatriates working in the region, as well as buyers from affected countries, to seek ready-to-move residential units in beach destinations, particularly Phuket.

BUSINESS

Thai private investment stabilises despite global risks

Business, Wichit Chantanusornsiri, Published on 31/03/2026

» The Fiscal Policy Office (FPO) remains concerned that the war in the Middle East and volatility in the baht exchange rate could adversely affect the Thai economy, despite imports of capital goods rising by nearly 44% in February compared with the same period last year, reflecting continued expansion in private sector investment.