Brent falls below US$75 as Nasdaq drops for third straight day
By AFP and published by CNA NEW YORK: Oil prices retreated on Wednesday (June 24) to their lowest levels since the start of the United States-Iran war while tech shares continued to show weakness on a mixed day for global stocks. Brent crude dropped below US$75 a barrel for the first time since the […]
Read MoreNetizens pile in after clip of deserted Koh Phi Phi goes viral
A VIDEO clip of deserted Koh Phi Phi off Krabi went viral online and attracted lots of comments with netizens pointing to high prices as a major issue dissuading tourists from visiting the well-known destination, Naewna newspaper said today (June 23). A TikToker by the name of Warinthonexworrac posted the video footage on the […]
Read MorePrices of building materials soar as Middle East war drags on
THE Commerce Ministry said today (May 22) that ongoing US-Iran war has led to the construction materials price index rising 112.4 points in April, a jump of 5.9%, which is the highest in 44 months, according to PPTVHD36. Mr. Nantapong Chiralerspong, director of the Trade Policy and Strategy Office, said as the Middle East […]
Read MoreOil touches 2-week high after drone attack on UAE nuclear power plant
By Reuters and published by The Star SINGAPORE: Oil prices extended gains on Monday (May 18) as efforts to end the US-Israeli war on Iran appeared to have stalled, after a nuclear power plant in the United Arab Emirates came under attack and as US President Donald Trump is expected to discuss military options […]
Read MoreOil prices drop 9% and Wall Street rallies to a record after Iran reopens the Strait of Hormuz
By AP and published by Yahoo!News NEW YORK – Oil prices dropped back to where they were in the early days of the Iran war, and US stocks raced to another record on Friday (April 17) after Iran said the Strait of Hormuz is open again for commercial tankers carrying crude from the Persian […]
Read MoreMiddle East conflict hits Phang Nga tourism – hundreds of tour boats sitting idle
THE Middle East conflict has led to tourism in southern Phang Nga province declining with hundreds of tour boats sitting idle at Surakul pier, aka Kasom pier, in Takua Thung district which is a popular departure point for tours of Phang Nga Bay, Naewna newspaper said today (April 16). Ms. Chotimont (surname withheld), manager […]
Read MoreUS oil benchmark jumps 8%, surpasses US$100 after failed US-Iran talks
By Agencies and published by CNA TOKYO – The US oil benchmark rebounded above US$100 a barrel on Monday (April 13) after peace talks between the United States and Iran failed to make a breakthrough, and with US President Donald Trump ordering a blockade of Iranian ports. Shortly after trading began, a barrel of […]
Read MoreEnergy prices may not drop for another one to two years: Ekniti
AT the marathon parliamentary debate following the delivery of the Bhumjaithai-led government’s policy statement by Prime Minister Anutin Charnvirakul this morning (April 9), Deputy Prime Minister/Finance Minister Ekniti Nitithanprapas this evening thanked MPs for their suggestions on various economic issues while warning that energy prices may not return to pre-conflict low level for another […]
Read MoreSevere shortage of microchips while steel prices rise
THAI manufacturers have been further hit with a double whammy as a severe shortage of microchips has thrown this market into turmoil while prices of all types of steel products are initially rising by 10-15 percent this month, Naewna newspaper said this morning (April 6). Mr. Nawa Chantanasurakorn, vice president of the Federation of […]
Read MoreLabour groups protest high fuel prices at Govt House
REPRESENTATIVES of two large labour union groups and various civil society networks marched to Government House today (April 2) to demand lower fuel prices and action on costly consumer goods plus to stop supporting capitalists, TV Channel 7 said. Led by Mr. Sawit Kaewwan, president of Thai Labour Solidarity Confederation (TLSC), along with the […]
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