Grab to Acquire Delivery Hero’s Taiwan Unit in $600 Million Deal
Grab Holdings Ltd has agreed to acquire Delivery Hero SE’s Foodpanda operations in Taiwan for US$600 million, marking its first expansion beyond its core Southeast Asian market. The all-cash deal…
Hotels Cut Rates to Attract Songkran Travelers
Hotel operators in Thailand are offering discounts of 20–40% to stimulate demand during the upcoming Songkran holiday, as the sector faces a sharp drop in European arrivals and weakened domestic…
Baht Expected to Weaken Further as Middle East Conflict Intensifies
The Thai baht is projected to weaken further this week, potentially reaching 33.50 per US dollar, after touching a nine-month low of 33 earlier on Monday amid escalating tensions in…
Oil climbs as Trump’s Hormuz ultimatum and Iran threats rattle markets
Photo Credit: Getty Images Oil prices climbed in volatile trading on Monday as markets reacted to escalating tensions after President Donald Trump issued an ultimatum demanding Iran reopen the Strait…
Thai stocks tumble as regional markets retreat amid escalating Gulf conflict
Thai equities fell sharply on Monday, mirroring declines across Asian markets, as escalating tensions between the United States and Iran — alongside Israel’s plans for prolonged military action — rattled…
THAI Faces Pressure to Raise Ticket Prices
The ongoing conflict in the Middle East has significantly increased operating costs for Thai Airways International (THAI), with jet fuel prices more than doubling. This surge has compelled the national…
Dassault Eyes Growth Opportunities in Southeast Asia
Dassault Aviation remains optimistic about growth in Thailand and the wider Southeast Asian market, as it introduces its new ultra-long-range business jet, the Falcon 10X, targeting demand from Asia’s family-owned…
Baht Seen Sliding to 35 per Dollar Amid Ongoing Conflict
The Thai baht is projected to weaken to between 34 and 35 against the US dollar if the Middle East conflict persists for at least two months, potentially driving global…
Rising Costs Weigh on Rice and Water Markets
Producers of bagged rice and bottled mineral water in Thailand have pledged to hold prices steady until the end of April, with any adjustments thereafter dependent on how the situation…
Vietnam Alerts Airlines to Potential Flight Cuts Amid Fuel Supply Concerns
Vietnam’s Civil Aviation Authority (CAAV) has cautioned domestic airlines to prepare for possible flight reductions starting in April 2026, as jet fuel supplies tighten export restrictions linked to escalating Middle…