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Search Result for “oil market recovery”

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BUSINESS

Oil and stocks steady amid hope for peace talks

AFP, Published on 21/04/2026

» LONDON - Oil prices dipped and stocks mostly edged higher Tuesday as investors held out hope that despite conflicting rhetoric there was scope for a deal to end the Middle East war and reopen the Strait of Hormuz to oil and gas shipments.

BUSINESS

Moody’s upgrades Thailand outlook to ‘stable’

Online Reporters, Published on 21/04/2026

» Moody’s Ratings on Tuesday upgraded the outlook for the government of Thailand to stable from negative, while affirming the foreign and local currency issuer and local currency senior unsecured credit ratings at Baa1.

BUSINESS

Long-stay visas for condo buyers in Phuket clarified

Achadthaya Chuenniran, Published on 21/04/2026

» PHUKET - Immigration authorities and real estate executives held a briefing on Tuesday to clarify the new long-stay visa programme for foreign real estate investors, which aims to attract high-potential buyers and support economic activity in Thailand’s property sector.

BUSINESS

Electric vehicles fuel Tisco auto loan growth in Q1

Business, Somruedi Banchongduang, Published on 21/04/2026

» Tisco Financial Group, the holding company of Tisco Bank, reported positive auto loan growth in Thailand in the first quarter of 2026, mainly driven by an increase in electric vehicle (EV) sales.

BUSINESS

Thai bond market under pressure as inflation fears increase

Business, Nuntawun Polkuamdee, Published on 21/04/2026

» Thailand's bond market is facing mounting pressure as surging oil prices fuel inflation fears, drive a sharp repricing of the yield curve, and accelerate foreign capital outflows, according to market participants.

BUSINESS

Grim outlook as consumer spending power set to drop

Business, Kuakul Mornkum, Published on 21/04/2026

» The outlook for the retail and wholesale sector looks grim, as consumer spending power is expected to decline in the coming months, alongside anticipated rising goods prices, according to the Thai Wholesale and Retail Trade Association.

BUSINESS

Thailand steps up efforts to lure high-tech US investments

Business, Published on 21/04/2026

» INVESTMENT: Thailand is intensifying efforts to attract US investment in high-tech industries, particularly semiconductors, as part of its strategy to strengthen artificial intelligence (AI) and data centre businesses.

BUSINESS

Flight paths in the crossfire

Business, Published on 21/04/2026

» The ongoing Middle East conflict poses significant headwinds for global aviation as airports in the region serve as critical global aviation hubs, handling roughly 10% of worldwide air traffic. Airspace closures and damage to aviation infrastructure are disrupting Europe-Asia routes and global connectivity.

BUSINESS

Prudential targets a double digit growth, top-three push

Business, Nuntawun Polkuamdee, Published on 21/04/2026

» Prudential Life Assurance (Thailand) has set an ambitious target to achieve annual double digit growth this year, in a bid to become a top three player in the industry.

BUSINESS

Vietnam plans to extend fuel tariff suspension, extend tax incentives for EVs

Reuters, Published on 20/04/2026

» HANOI - ⁠Vietnam ⁠plans to ​extend a suspension of import tariffs ​on fuels ‌by two months to the end of June, state media cited the Finance Ministry as saying ​over the ⁠weekend.