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Search Result for “strait of hormuz travel”

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BUSINESS

Thai export pain set to continue despite Mideast truce

Business, Nareerat Wiriyapong, Published on 11/04/2026

» The reopening of the Strait of Hormuz with fee collection as proposed by Iran, together with high oil prices, is dampening the prospects for Thai exports and may push overseas shipments into contraction this year, economists say.

BUSINESS

Gulf allays concerns over LNG supplies

Business, Yuthana Praiwan, Published on 11/04/2026

» Natural gas remains a cornerstone of global power generation despite mounting concerns over liquefied natural gas (LNG) shortages linked to Middle East tensions, according to Gulf Development Plc, Thailand's largest energy company by market value and a major telecoms operator.

BUSINESS

Cautious optimism for ceasefire supports shares

Business, Nuntawun PolkuamdeeNareerat Wiriyapong, Published on 11/04/2026

» RECAP: Asian equities rose yesterday as investors returned to risk assets after the US-Iran ceasefire deal, although concerns about its durability kept a lid on gains.

BUSINESS

Resilient SET Index pushes above 1,500 points

Nuntawun Polkuamdee, Published on 10/04/2026

» Despite recent geopolitical tensions, particularly the escalation in the Middle East and energy market disruptions, Thailand’s equity market has demonstrated resilience, with the benchmark SET Index rebounding past the 1,500-point mark on Friday.

BUSINESS

Songkran spending set to fall this year

Business, Kuakul Mornkum, Published on 10/04/2026

» 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 129.6 billion baht, citing rising diesel prices.

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

Tourism minister chasing B3-trillion goal

Molpasorn Shoowong, Published on 09/04/2026

» Thailand’s tourism minister has vowed to restore tourism revenue to more than 3 trillion baht, exceeding pre-pandemic levels within the new government’s four-year term, and will proceed with a 300-baht tourism fee, as adopted in many countries.

BUSINESS

Grab rolls out AI companion services to boost earnings

Business, Suchit Leesa-nguansuk, Published on 09/04/2026

» Grab is accelerating its shift beyond transaction-based services to become an "intelligent everyday guide", evolving from a super-app into a more integrated, AI-driven companion.

BUSINESS

Long break eases pressure on oil reserves

Business, Yuthana Praiwan, Published on 09/04/2026

» The long holiday during the Songkran festival may ease pressure on Thailand's oil reserves, as demand for diesel is expected to decrease during this period, says the Department of Energy Business.

BUSINESS

Airlines adjust operations amid ceasefire

Business, Molpasorn Shoowong, Published on 09/04/2026

» Despite a two-week ceasefire between the US and Iran, Thai airlines still have to adjust their operational strategies for the summer schedule to match travel demand dampened by concerns over uncertainty surrounding the oil crisis.