Economy News
Thailand economy news, business updates, financial markets, and government policies—stay informed on economic developments shaping the nation. Get the latest from The Thaiger, your trusted source for Thailand economic news.
-
Thailand oil crisis poll shows unease and doubts over reserves
A new NIDA Poll released today, March 22, found that many adults in Thailand are worried about the country’s oil crisis, with more than half reporting daily difficulties, and a large share expressing little confidence in the government’s ability to maintain a stable oil supply. The survey, titled “Oil shortage: Talk to your partner, Switch off the lights”, was conducted…
-
UAE property market slows sharply as deals fall 51% month on month
Property transactions in the UAE have slowed sharply since the latest conflict in the Middle East began, according to investment bank Goldman Sachs, which said rising regional uncertainty is starting to weigh directly on homebuyer demand. The war is now entering its third week and has increased volatility across financial and energy assets in the region. Goldman Sachs analysts, led…
-
Transport Ministry denies Khlong Saen Saep boat fare hike rumours
The Transport Ministry has denied reports that passenger boat fares on Bangkok’s Khlong Saen Saep canal will rise by 1 baht per segment this week, saying the operator has confirmed there has been no change to the current rates. The clarification followed claims that Khlong Saen Saep boat fares would increase from 11 to 21 baht to 12 to 22 baht,…
-
1,000 trucks assemble in Chon Buri in fuel shortage protest
More than 1,000 trucks assembled in Chon Buri this morning, March 18, as the Land Transport Federation of Thailand pushed for government action over the ongoing fuel shortage. Its president is urging changes to fuel supply management, stating that certain energy capital groups are thriving at a time when the general public is struggling the most. At 9.20am, Land Transport…
-
Border petrol stations in Mae Sot suspend services as fuel runs out
Several petrol stations along the Thai-Myanmar border in Mae Sot district, Tak province, were forced to temporarily suspend services today, March 15, after running out of fuel amid a rise in price and demand. At around 5.30pm, large numbers of vehicles, including cargo trucks, agricultural transport vehicles, private cars and motorcycles, were queuing for fuel along Asian Highway 12, where…
-
Thailand oil reserves revised to 95 days after new supply confirmed
Thailand is preparing to tighten fuel exports and bolster domestic stockpiles, with Energy Minister Attapol Ruekpibul saying yesterday, March 5, that Thailand’s oil reserves and confirmed incoming supply should be enough for about 95 days. Speaking at Government House, Attapol said the earlier estimate of 60 days’ oil reserves had been revised to reflect the real figures. Thailand currently holds…
-
Phuket drivers rush to fill tanks as fears of a fuel price rise spread
Phuket motorists rushed to refuel yesterday evening, March 3, with long queues forming at a Bangchak petrol station in Kathu as concerns grew that fuel costs could rise amid uncertainty in the Middle East. Vans and taxis running main routes such as Kathu to Patong were among those filling up, along with riders and other residents. The queue reportedly stretched beyond…
Don't forget to check out some other things to do in Thailand - get help starting a business or finding a job in Thailand, buy Thailand property, rent a yacht or book a medical procedure worldwide.