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Search Result for “price war”

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BUSINESS

Songkran spending set to fall this year

Kuakul Mornkum, Published on 09/04/2026

» The University of the Thai Chamber of Commerce (UTCC) has revised down its forecast for this year’s Songkran spending to as low as 120 billion baht, from a previous 129.6 billion baht, citing rising diesel prices.

BUSINESS

Central bank chief expects no change in interest rate

Reuters and Post Reporters, Published on 09/04/2026

» The Bank of Thailand will keep its policy interest rate ​on hold, with ‌economic growth projected at 1.3% to 1.7% this year, governor Vitai Ratanakorn said on Thursday.

BUSINESS

Huge bets on oil plunge placed just before ceasefire news

Published on 09/04/2026

» LONDON - Investors placed approximately $950 million in bets on oil prices falling just hours before the United States and Iran announced a ceasefire, the latest large wager on the direction of the ​world’s most traded commodity ahead ⁠of a major policy announcement by President Donald Trump.

BUSINESS

Gold prices projected to hit $6,000 by third quarter

Nareerat Wiriyapong, Published on 09/04/2026

» Gold prices are expected to reach US$6,000 an ounce in the third quarter of this year, as bullion soared sharply after the US and Iran agreed to a two-week ceasefire on Wednesday, even though short-term volatility is expected amid lingering uncertainties, traders say.

BUSINESS

New state measures in bid to solve plastic crisis

Business, Post Reporters, Published on 09/04/2026

» The government has outlined management guidelines to tackle the ongoing plastic pellet crisis. Key initiatives will focus on identifying high-priority items, promoting the use of alternative materials, and enhancing recycling.

BUSINESS

Mideast truce met with market caution

Business, Nareerat Wiriyapong and Somhatai Mosika, Published on 09/04/2026

» Business leaders and analysts gave a lukewarm welcome to the two-week ceasefire deal between the US and Iran, saying the proposed conditions of the truce seem difficult for both sides to agree to, while significant uncertainties remain, particularly ahead of their Islamabad talks on April 10.

BUSINESS

Thai restaurants look to Asian visitors to make up demand shortfall

Business, Kuakul Mornkum, Published on 09/04/2026

» Despite worries from Thailand's tourism sector that the Middle East war could reduce the number of long-haul travellers, two restaurant operators remain optimistic.

BUSINESS

Rising middle classes and the new consumption story

Business, Rewin Pataibunlue, Published on 09/04/2026

» The global consumer landscape is being reshaped by the rapid expansion of the middle class, particularly across Asia, giving rise to a new consumption story defined not just by growth, but by selectivity and shifting priorities.

BUSINESS

Gold climbs to near three-week high after US, Iran agree to ceasefire

Reuters, Published on 08/04/2026

» BENGALURU — Gold rose to a near three-week high on Wednesday as oil prices and the dollar fell sharply after the United States and Iran agreed to a two-week ceasefire as talks began on ​a permanent end to the ⁠war.

BUSINESS

Middle East war: global economic fallout

AFP, Published on 08/04/2026

» PARIS — Here are the latest economic events in the Middle East war: