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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

MPC member vacates seat amid reports to join finance minister

Online Reporters, Published on 03/04/2026

» A member of the Bank of Thailand’s Monetary Policy Committee (MPC), Santitarn Sathirathai, has left the seven-member panel amid reports he is set to join a team led by Finance Minister Ekniti Nitithanpraphas.

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

Scoot bookings strong despite Gulf strife

Business, Narumon Kasemsuk, Published on 02/04/2026

» Scoot, the low-cost subsidiary of Singapore Airlines, continues to register strong air travel demand from regions unaffected by the Gulf war across seven destinations in Thailand and plans to expand into secondary regional cities, supported by the delivery of nine Embraer E190‑E2 aircraft.

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

THAI to gain from Mideast airspace closures

Business, Nareerat Wiriyapong, Published on 17/03/2026

» While rising fuel cost is inevitable, Thai Airways International (THAI) is on course to gain from airspace closures across several countries in the Middle East amid tensions in the Gulf region, where the flag carrier has no direct exposure, analysts say.

BUSINESS

Thailand prepares to defend USTR on trade probes

Online Reporters, Published on 13/03/2026

» The Commerce Ministry has set up a task force to compile evidence to argue against the United States Trade Representative (USTR), which included Thailand in its new investigations into unfair practices.

BUSINESS

Thai Airways to raise ticket prices by 10-15%

Bloomberg News, Published on 11/03/2026

» Thai Airways International will raise ticket prices by 10% to 15% to offset surging fuel costs as the carrier grapples with “overwhelming” demand from customers shifting travel plans from the Middle East to Europe, said chief financial officer Cherdchom Thetsathirasak.

BUSINESS

Oil shortage hits petrochemical output

Nareerat Wiriyapong, Published on 09/03/2026

» The current “oil shock” has begun to affect companies on the Stock Exchange of Thailand (SET), with industrial conglomerate Siam Cement (SCC) suspending operations at its petrochemical unit in Map Ta Phut due to insufficient feedstock amid the Middle East war, analysts say.

BUSINESS

New airline hubs poised to gain from travel rerouting

Business, Vijay Verghese, Published on 04/03/2026

» As Middle Eastern airports shut down following the attack on Iran and the swift counterstrikes across the region, the skies over a vast swathe of West Asia suddenly went silent as smoke rose from Dubai to Doha.