Asia Airlines Hike Ticket Prices, Warn of Possible Groundings Over Fuel Supply Risks
Airlines across Asia are raising ticket prices and preparing contingency plans — including the possibility of grounding aircraft — as the escalating Middle East conflict raises fears of a major…
Amazon Web Services Targets Thailand as Future AI Hub
Photo Credit: Bangkok Post Amazon Web Services (AWS) Thailand is positioning its local cloud region as a future hub for artificial intelligence, aiming to meet rising enterprise demand for more…
Trump Signals Oil Sanctions Waiver as Iran War Shakes Markets
U.S. President Donald Trump said Monday that Washington will waive some oil-related sanctions in an effort to boost global supply and reduce prices, as the war involving Iran continues to…
Stocks Surge While Oil Prices Tumble in Dramatic Market Turnaround
Stocks and energy prices reversed sharply on Monday after U.S. President Donald Trump signalled that the war in Iran was nearing completion. Speaking to CBS News and later at a…
Thai Stocks Fall as Middle East War Escalates
The Stock Exchange of Thailand fell sharply on Monday as the escalating conflict in the Middle East pushed global oil prices above US$100 a barrel. The SET index dropped 55.96…
Dollar strengthens as US-Iran war pushes oil past $100 per barrel
The US dollar strengthened further on Monday, climbing to a three-month high against the euro as oil prices surged above $100 a barrel, equities declined and investors sought safer assets…
Government Moves to Prevent Fuel Crisis
The government has rolled out a series of emergency measures aimed at preventing domestic fuel shortages, including boosting oil reserves and suspending most fuel exports, while assuring the public that…
Escalating War Tensions Pose Risks to Thai Stocks
Photo Credit: Bangkok Post Thai equities face continued downside risks as escalating tensions in the Middle East fuel market volatility, with analysts warning that only a limited number of sectors…
Baht Under Pressure as Oil Prices Surge
The baht could weaken beyond 33 to the US dollar and face heightened volatility if the conflict in the Middle East persists, as higher oil prices would increase Thailand’s import…
Government caps local fuel prices for 15 days
Prime Minister Anutin Charnvirakul said on Wednesday that the public does not need to stockpile fuel, as the government will cap prices for the next 15 days. His remarks came…