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Search Result for “Israel”

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BUSINESS

Lamborghini eyes middle-aged women

Business, Lamonphet Apisitniran, Published on 27/06/2025

» Automobili Lamborghini, an Italian manufacturer of luxury sports cars, wants to sell more cars to Thai women in their 40s, but is delaying a plan to debut its electric super cars until 2029.

BUSINESS

Shippers told to prep contingency plans

Business, Phusadee Arunmas, Published on 26/06/2025

» The Thai National Shippers' Council (TNSC) has observed a slowdown in orders for rice, chicken, rubber, food and electrical appliances due to the ongoing uncertainty surrounding the conflict in the Middle East.

BUSINESS

Office fears strait's closure could disrupt shipments

Business, Phusadee Arunmas, Published on 25/06/2025

» The possible closure of the Strait of Hormuz could increase transport costs and freight rates for Thailand, while also affecting inflation and exports to the Middle East, says the Trade Policy and Strategy Office (TPSO).

BUSINESS

PTT Oil and Retail Business says Cambodian oil ban will not affect firm

Business, Yuthana Praiwan, Published on 24/06/2025

» SET-listed PTT Oil and Retail Business (OR) does not expect Cambodia's ban on energy imports from Thailand to seriously affect its trade through 186 petrol stations in Cambodia.

BUSINESS

New minimum wage to lead to hotel layoffs

Business, Narumon Kasemsuk, Published on 24/06/2025

» Large-scale layoffs in the hotel sector could be seen during this low season if the government agrees to raise the minimum wage to 400 baht from next week as planned, while the Thai Hotels Association (THA) has submitted a petition to the prime minister, asking for the policy to be cancelled.

BUSINESS

Attack on Iran puts pressure on Thai stocks

Business, Nuntawun Polkuamdee and Wichit Chantanusornsiri, Published on 24/06/2025

» The Stock Exchange of Thailand (SET) is on high alert as the US bombing of Iran has raised fears of further attacks and intensifying conflict in the Middle East, leading global oil prices to spike.

BUSINESS

Merkle Capital sees scope for crypto market growth

Business, Nuntawun Polkuamdee, Published on 23/06/2025

» Merkle Capital, the first digital asset fund manager in Thailand to be licensed by the Securities and Exchange Commission (SEC), has identified three global risks that could shape market sentiment and investment flows in the second half of 2025, potentially driving Bitcoin to a new high of US$120,000.

BUSINESS

GSB head urges prolonged rate cut

Business, Wichit Chantanusornsiri, Published on 23/06/2025

» Vitai Ratanakorn, president of Government Savings Bank (GSB) and a candidate for Bank of Thailand governor, has suggested the policy interest rate should be greatly lowered for a sustained period to revive the stagnant economy.

BUSINESS

Political uncertainty pummels the SET

Business, Bualuang Securities, Published on 21/06/2025

» Thai equities plunged sharply this week, with the Stock Exchange of Thailand index breaking key support levels and revisiting lows not seen since early April, when US President Donald Trump announced steep new tariffs and panic selling ensued before shares staged a rebound.

BUSINESS

Shares rally as Trump delays Iran decision

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 21/06/2025

» RECAP: Asian equities staged a relief rally and the dollar declined after the White House said President Donald Trump would decide within two weeks whether Washington will join Israel in launching strikes against Iran.