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Search Result for “stimulus committee”

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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

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

Finance minister expects fuel price relief soon

Post Reporters, Published on 02/04/2026

» The Thai government is preparing to cut domestic fuel prices by targeting what it describes as “unnecessary” cost components in the national pricing structure.

BUSINESS

Business leaders slash Thai growth forecast

Business, Lamonphet Apisitniran, Published on 02/04/2026

» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has lowered its Thai GDP growth forecast to a range of 1.2-1.6%, citing the ongoing energy crisis triggered by war in the Middle East. The previous projection was 1.6-2.0%.

BUSINESS

Banks raise reserves to deal with effects of war

Somruedi Banchongduang, Published on 01/04/2026

» Thai banks are increasing their loan-loss reserves to prepare for the impact of a prolonged war in the Middle East and to support a growing number of vulnerable customers.

BUSINESS

Thai business group cuts 2026 GDP growth forecast to 1.2%-1.6%

Reuters, Published on 01/04/2026

» Thailand's ​economy is expected to ‌grow by 1.2% to 1.6% this year, a leading business group said on Wednesday, cutting its outlook from ​an ⁠earlier growth forecast of 1.6% to 2.0%.

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

Private sector urges urgent economic action

Business, Lamonphet Apisitniran, Somhatai Mosika and Nareerat Wiriyapong, Published on 01/04/2026

» Business leaders have welcomed Prime Minister Anutin Charnvirakul's new cabinet, expressing hope for a more effective response to a range of economic challenges, from surging fuel prices to broader issues affecting the Thai economy.

BUSINESS

Cautious investments urged amid chaos of Mideast war

Business, Nuntawun Polkuamdee, Published on 31/03/2026

» Investors are being advised to raise cash positions amid heightened volatility in the Middle East, says InnovestX Securities, warning that a prolonged conflict could materially weaken Thailand's economic outlook while amplifying fiscal and financial risks.

BUSINESS

Retailers feel pinch as fuel prices spike

Business, Kuakul Mornkum, Published on 27/03/2026

» A fuel shortage and a recent surge in prices have caused logistics chaos for provincial retail and wholesale operators, sparking concerns it will reduce foot traffic during the upcoming Songkran festival in April.