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Search Result for “territorial waters”

Showing 1 - 10 of 248

BUSINESS

Private sector welcomes poll result

Business, SOMHATAI MOSIKA and LAMONPHET APISITNIRAN, Published on 10/02/2026

» The private sector is optimistic about the formation of the new government, anticipating stability and policy continuity. Businesses are urging the new administration to appoint qualified individuals to ministerial positions.

BUSINESS

Adapting to a new world order

Business, Somhatai Mosika, Lamonphet Apisitniran and Suchit Leesa-nguansuk, Published on 02/02/2026

» As the global order shifts rapidly to geopolitical tensions, evolving trade rules and technological competition that is reshaping economics, business leaders and analysts are urging the country to adapt to these changes.

BUSINESS

Industrial confidence falls in December

Business, Lamonphet Apisitniran, Published on 22/01/2026

» The Thai Industries Sentiment Index (TISI) fell to 88.2 in December, from 89.1 points the previous month, due to growing concerns over the impact of a general election and a plunge in border trade with Cambodia and Myanmar, says the Federation of Thai Industries (FTI).

BUSINESS

Thailand denies ‘land grab’

Post Reporters, Published on 03/01/2026

» Thailand has rejected foreign media reports that it has seized Cambodian territory or blocked Cambodian villagers from returning to their homes, insisting all Thai operations remain strictly within its jurisdiction.

BUSINESS

‘Zombie ships’ help keep Venezuelan oil industry alive

Bloomberg News, Published on 24/12/2025

» A 27-year-old crude tanker that was supposedly scrapped in 2021 is due to reach Venezuela late this week, according to ship-tracking data, in the latest example of how the South American country keeps its embattled oil industry alive.

BUSINESS

Global crude oil prices pressured by oversupply

Published on 22/12/2025

» Crude oil prices in the global market declined amid expectations of a supply surplus, with ICE Brent crude between October 1 - December 16, 2025 falling by $4.7 per barrel from the previous quarter to average $63.4 per barrel. The decline followed increased global supply, driven by eight OPEC+ members — Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman — collectively raising production from April–December 2025 by almost 3 million barrels per day, unwinding their voluntary cuts to defend market share. Additional supply growth from non-OPEC+ producers such as the United States, Brazil, Canada and Guyana further contributed to the imbalance.

BUSINESS

Nation urged to play to its strengths

Business, Wichit Chantanusornsiri, Published on 15/12/2025

» Thailand must recalibrate its strategic positioning to remain competitive in the evolving global landscape, concentrating only on sectors where it offers true strengths, rather than spreading its efforts across many industries as in the past through the 10-cluster policy, according to an economics analyst.

BUSINESS

Offshore oil auction bidding to start soon

Business, Yuthana Praiwan, Published on 11/12/2025

» Thailand is to invite bids for offshore oil and gas exploration in the Andaman Sea, with cabinet approval expected by the end of this month, according to Energy Ministry permanent secretary Prasert Sinsukprasert.

BUSINESS

Thai, Russia trade forum boosts links

Poramet Tangsathaporn, Published on 07/12/2025

» PHUKET: The first trade and investment forum between Thailand and Russia has concluded, with more than 100 Russian businesses attending and connecting with Thai companies to explore opportunities for future investment.

BUSINESS

PTT Oil and Retail Business to start building hotels in petrol stations next year

Business, Yuthana Praiwan, Published on 24/11/2025

» PTT Oil and Retail Business Plc (OR), the oil trading arm of PTT Plc, will finalise its long-delayed budget hotel investment project next month, according to Wilaiwan Kanjanakanti, senior executive vice-president for finance and chief financial officer.