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…
Thailand Acts on Fuel Surge with Driver Support Measures
Ride-hailing platforms in Thailand are rolling out support measures for drivers as surging global oil prices driven by escalating tensions in the Middle East begin to weigh on operating costs…
Thai Hotel Industry Uneasy as Energy Costs Climb
Thai hotel operators are growing increasingly concerned about rising energy costs, which they say pose a greater threat than booking cancellations as the peak tourism season draws to a close.…
Thailand to Begin Construction of Border Fences Along Cambodia Frontier Next Month
Photo Credit: Army Military Force Facebook Thailand will begin constructing fences along part of its border with Cambodia next month to strengthen security following deadly clashes between the two countries…
Fuel Pump Prices Set to Rise on Wednesday
The government will allow retail fuel prices to gradually increase starting Wednesday, while continuing to heavily subsidise standard diesel to limit the impact on consumers. Deputy Prime Minister Phiphat Ratchakritprakarn…
Thai Airways Set to Benefit from Middle East Airspace Closures
Thai Airways International (THAI) could benefit from airspace closures across several Middle Eastern countries amid rising tensions in the Gulf, despite facing higher fuel costs, according to analysts. Thanapol Jiratanakij,…