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Oil price spike forecast to slash Thai GDP growth
Oil price spike forecast to slash Thai GDP growth
Wednesday 18 March 2026 09:57 AM
BANGKOK: Every US$10 increase in the oil price per barrel is expected to reduce Thai GDP by 0.2 percentage points, according to caretaker finance minister Ekniti Nitithanprapas.
THAI to gain from Mideast airspace closures
THAI to gain from Mideast airspace closures
Tuesday 17 March 2026 10:13 AM
BANGKOK: While rising fuel cost is inevitable, Thai Airways International (THAI) is on course to gain from airspace closures across several countries in the Middle East amid tensions in the Gulf region, where the flag carrier has no direct exposure, analysts say.
Economic toll of war grows
Economic toll of war grows
Monday 16 March 2026 12:50 PM
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.
Foreign holdings of Thai stocks peak
Foreign holdings of Thai stocks peak
Sunday 15 March 2026 11:00 AM
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
Sunday 15 March 2026 10:19 AM
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.
PTG confirms plans to raise refined oil reserves
PTG confirms plans to raise refined oil reserves
Saturday 14 March 2026 11:00 AM
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.
Thailand sends 40,000 stranded tourists home
Thailand sends 40,000 stranded tourists home
Friday 13 March 2026 11:00 AM
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.
New anti-laundering rules concern digital asset firms
New anti-laundering rules concern digital asset firms
Thursday 12 March 2026 01:51 PM
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.
Thai tourism faces B40bn revenue collapse
Thai tourism faces B40bn revenue collapse
Wednesday 11 March 2026 11:17 AM
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.
Tourism braces for impact of Mideast war
Tourism braces for impact of Mideast war
Tuesday 10 March 2026 10:47 AM
BANGKOK: Thai tourism should brace for an influx of foreigners seeking a safe haven amid growing geopolitical conflict, similar to the surge experienced during the Russia-Ukraine War a few years ago, when Russian arrivals rose to 1.74 million in 2024, significantly impacting property markets in tourism cities.
Middle East conflict could cut Phuket tourist arrivals by up to 10%
Middle East conflict could cut Phuket tourist arrivals by up to 10%
Monday 9 March 2026 01:58 PM
PHUKET: Tourism leaders have warned that the ongoing Middle East conflict could reduce tourist arrivals to Phuket by as much as 10% in the short term if flight disruptions and traveller uncertainty continue.
Ukraine seeks stronger partnership with Thailand despite the 5th year of full-scale invasion
Ukraine seeks stronger partnership with Thailand despite the 5th year of full-scale invasion
Sunday 8 March 2026 01:30 PM
PHUKET: As February 2026 marked the start of the fifth year since Russia launched its full-scale invasion of Ukraine, and the thirteenth year of armed aggression against the country, Ukraine’s top diplomat in Thailand has set out Kyiv’s position on the war, peace efforts and the future of bilateral relations.
British International School, Phuket to Offer BTEC International Level 3 Business (Extended Diploma) from August 2026
British International School, Phuket to Offer BTEC International Level 3 Business (Extended Diploma) from August 2026
Sunday 8 March 2026 11:00 AM
British International School, Phuket (BISP) is pleased to announce the introduction of the BTEC International Level 3 in Business (Extended Diploma), available to students from August 2026. This new qualification further strengthens BISP’s commitment to providing a broad, inclusive, and future-ready senior school curriculum that empowers students to excel through pathways that match their strengths, aspirations, and learning styles.
25% tourism decline ‘worst-case scenario’
25% tourism decline ‘worst-case scenario’
Sunday 8 March 2026 10:27 AM
BANGKOK: War in the Middle East could seriously affect Thai tourism this year, with a 25% decline from the 2026 target being the worst-case scenario if the fighting extends beyond three months, prompting officials to target short‑haul tourists to fill the gap.
New deals extend fuel reserves to 95 days
New deals extend fuel reserves to 95 days
Friday 6 March 2026 08:43 AM
PHUKET: Thailand has sufficient oil reserves for up to 95 days as the government accelerates efforts to secure additional energy supplies in response to the escalating conflict in the Middle East, officials confirmed yesterday (Mar 5).
Mideast conflict a major roadblock for long-haul markets
Mideast conflict a major roadblock for long-haul markets
Thursday 5 March 2026 12:20 PM
BANGKOK: As the conflict in the Middle East weighs on global travel prices and travellers’ pocketbooks, tourism operators project long-haul markets in 2026 will fall short of last year’s 10 million arrivals.
Thailand hunts for new fuel sources
Thailand hunts for new fuel sources
Wednesday 4 March 2026 11:09 AM
BANGKOK: Thailand is moving to secure alternative fuel supplies to offset the impact from the closure of the Strait of Hormuz, a key shipping lane for global oil and liquefied natural gas (LNG) transport.
National order against price gouging
National order against price gouging
Wednesday 4 March 2026 11:03 AM
PHUKET: The Department of Internal Trade has ordered strict nationwide price controls and warned businesses against exploiting global tensions to raise prices, stressing that Thailand’s major oil traders have not adjusted fuel prices and there is currently no justification for increases.
Hotels urged to waive fees over flight chaos
Hotels urged to waive fees over flight chaos
Monday 2 March 2026 12:57 PM
PHUKET: The Phuket Tourist Association and the Thai Hotels Association – Southern Chapter have called on hotel operators and tourism businesses across Phuket to waive rescheduling and cancellation fees for guests affected by flight suspensions linked to unrest in the Middle East.
Thailand has a two-month oil reserve, says Energy Ministry
Thailand has a two-month oil reserve, says Energy Ministry
Monday 2 March 2026 11:00 AM
BANGKOK: The Ministry of Energy said on Sunday (Mar 1) that Thailand has a two-month oil reserve and it will search out alternative sources to ensure energy security if the Iran war escalates to other countries in the Mideast.

Cache on 2026-05-24 07:02:45