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Economic toll of war grows
Economic toll of war grows
BANGKOK: The escalating war between the US-Israel alliance and Iran is entering a more dangerous phase, raising concerns the conflict could trigger a wider economic shock via surging energy prices, disrupted trade routes and weakening global demand.
ASEAN states to bolster energy cooperation
ASEAN states to bolster energy cooperation
BANGKOK: ASEAN member states are stepping up coordination to mitigate the potential fallout from the Middle East conflict, particularly risks to regional energy security and the safety of Southeast Asians, Foreign Affairs Minister Sihasak Phuangketkeow has said.
Plenty of fuel, government insists, as motorists drain pumps dry
Plenty of fuel, government insists, as motorists drain pumps dry
BANGKOK: Government officials have rushed to reassure motorists that “out of stock” signs reported at some petrol stations were caused by private motorists and public transport operators panicked into topping up by the Middle East war, not by a shortage of fuel reserves in Thailand.
Foreign holdings of Thai stocks peak
Foreign holdings of Thai stocks peak
BANGKOK: Foreign investor holdings in Thai stocks reached a new record high of B6.11 trillion in January, representing 37.1% of the total market capitalisation and reflecting growing overseas interest in the equities market, says the Stock Exchange of Thailand (SET).
Middle East conflict hits tourism industry in Phang Nga
Middle East conflict hits tourism industry in Phang Nga
PHANG NGA: The war in the Middle East is weighing on the tourism industry, with Phang Nga province reporting a sharp decline in European arrivals and estimated losses of nearly B1.7 billion, says the Phangnga Hotel Association.
Three Thai crew on attacked ship ‘still alive’
Three Thai crew on attacked ship ‘still alive’
OMAN: Three Thai sailors remain alive aboard the damaged cargo ship MV Mayuree Naree after it was attacked in the Strait of Hormuz, according to Adm Thadawut Thatphithakkul, chief of staff of the Royal Thai Navy.
Thailand considers Russian crude imports
Thailand considers Russian crude imports
BANGKOK: The Thai government is ready to purchase crude oil from Russia and has signalled plans to raise petrol prices after the diesel price cap ends on Monday (Mar 16), while officials have also moved to clarify concerns over rising refining margins.
PTG confirms plans to raise refined oil reserves
PTG confirms plans to raise refined oil reserves
BANGKOK: PTG Energy Plc, the operator of PT petrol stations, has announced plans to expand its refined oil reserves in line with a government directive aimed at safeguarding national energy security during the ongoing US-Iran conflict.
Hudson names team for crucial Turkmenistan clash
Hudson names team for crucial Turkmenistan clash
FOOTBALL: Thailand head coach Anthony Hudson has named 23 players for the decisive AFC Asian Cup qualifier against Turkmenistan on Mar 31.
Anutin says coalition complete, rules out Klatham, Democrats
Anutin says coalition complete, rules out Klatham, Democrats
BANGKOK: Prime Minister Anutin Charnvirakul has confirmed that the government coalition lineup has been finalised, with the main partners being the Bhumjaithai Party and the Pheu Thai Party, along with several smaller parties.
Thailand sends 40,000 stranded tourists home
Thailand sends 40,000 stranded tourists home
BANGKOK: More than 40,000 tourists stranded here by flight disruptions in the Middle East have safely returned home, aided by the Civil Aviation Authority of Thailand (CAAT) temporary approval for tour operators in the originating countries to send charter flights to retrieve them.
Thai authorities rebut claims of huge Israeli presence
Thai authorities rebut claims of huge Israeli presence
BANGKOK: Immigration police have come forward to rebut claims circulating on social media that hundreds of thousands of Israelis have settled in Thailand.
New anti-laundering rules concern digital asset firms
New anti-laundering rules concern digital asset firms
BANGKOK: Digital asset business operators in Thailand warn that the newly proposed “Travel Rule” to help curb money laundering should not be overly restrictive or it could unintentionally undermine the open and decentralised nature of blockchain networks, stifling innovation.
‘Aem Cyanide’ acquitted of 2020 Nakhon Pathom murder
‘Aem Cyanide’ acquitted of 2020 Nakhon Pathom murder
BANGKOK: The Criminal Court acquitted Sararat “Aem Cyanide” Rangsiwuthaporn yesterday (Mar 11) of killing a woman with cyanide in Nakhon Pathom in August 2020, ruling that prosecutors failed to prove she possessed the toxin or intended to commit theft.
Thai cargo ship attacked near Strait of Hormuz
Thai cargo ship attacked near Strait of Hormuz
STRAIT OF HORMUZ: A Thai-flagged bulk carrier was struck by Iranian missiles near the Strait of Hormuz yesterday (Mar 11), with 20 Thai crew rescued by the Royal Navy of Oman and three still on board, according to the Royal Thai Navy.
Fears grow over rising cost of goods
Fears grow over rising cost of goods
BANGKOK: Consumers across the country are worried about the rising cost of goods as global energy prices and supply chains have been hit by the war in the Middle East, pushing up prices for everyday necessities.
Kunlavut reclaims world top spot
Kunlavut reclaims world top spot
BADMINTON: Kunlavut Vitidsarn was officially confirmed as world No.1 after the latest world rankings were announced by the Badminton World Federation (BWF) on yesterday (Mar 10).
No new Cambodian workers allowed in Thailand
No new Cambodian workers allowed in Thailand
BANGKOK: The Thai government has reaffirmed that no new Cambodian migrant workers will be allowed into the country due to security concerns, despite pressure from the private sector.
Thai tourism faces B40bn revenue collapse
Thai tourism faces B40bn revenue collapse
BANGKOK: Thailand could lose more than B40 billion in tourism revenue in the worst-case scenario, assuming the Middle East airspace closure lasts for eight weeks, says the Tourism and Sports Ministry.
No fuel crisis, no need to hoard, says energy minister
No fuel crisis, no need to hoard, says energy minister
BANGKOK: Thailand does not face a fuel crisis as a consequence of the Mideast war, Energy Minister Atthapol Rerkpiboon said yesterday (Mar 10).