Soaring prices during the Iran war jeopardise travel to tourism-dependent countries in Asia
By AP and published by Yahoo!News WITH summer around the corner, soaring prices and other complications from the war with Iran are straining the tourism-dependent economies of countries in Southeast Asia, including Thailand and Vietnam. The region’s peak tourist summer season is at risk as elevated jet fuel costs coupled with ceasefire uncertainties prompt […]
Read MoreThai embassy in Russia issues warning to citizens as war escalates
THE THAI embassy in Moscow issued an urgent warning to Thai citizens in Russia to avoid high-risk areas as the Russia-Ukraine war is escalating with the Russian government having told foreigners to evacuate the Ukraine capital of Kyiv, Naewna newspaper said today (May 29). In the announcement dated yesterday, the Thai Foreign Ministry said […]
Read MoreUS and Thailand speed LNG talks as war hits Qatar exports, sources say
By Reuters and published by The Los Angeles Post WASHINGTON: The US and Thailand are in talks on new long-term supply of US-produced liquefied natural gas, two sources said on Tuesday (May 26), negotiations that have accelerated since the US-Israeli-led war on Iran led to LNG production damage in key exporter Qatar. The talks […]
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 MoreAlarmed Asean leaders discuss crisis plan to mitigate backlash from Middle East war
By AP and published by Yahoo!News CEBU, Philippines – Southeast Asian leaders met in an annual summit today (May 8) under intense pressure to mitigate the impact on their people and economies from the Iran war, which one top minister said, “should not have occurred in the first place.” The alarm by the heads […]
Read MoreFarmers stockpiling fertilisers as war drives up prices
THE Middle East war has led to prices of fertilisers rising in Thailand with the situation exacerbated by a shortage of urea and this leading to farmers stockpiling as they fear further price hikes, Amarin TV said today (March 30). Ms. Pranee Banluesap, owner of a fertiliser and agricultural equipment store in Buriram’s Nang […]
Read MoreTrump says Iran is eager for a deal to end the war as he extends deadline to allow for diplomacy
By AP and published by Yahoo!News DUBAI, United Arab Emirates – US President Donald Trump said on Monday (March 23) the US was talking with an Iranian leader and claimed the Islamic Republic was eager for a deal to end the war. He also extended a deadline for Iran to reopen the Strait of […]
Read MoreMiddle East war threatens energy crisis worse than 1970s oil shocks
TEHRAN – The world faces an energy crisis worse than both 1970s oil shocks combined if the Middle East war drags on, the head of the International Energy Agency (IEA) warned on Monday (March 23), as Israel launched fresh strikes on Tehran and threatened weeks more fighting. As the war grinds into its fourth […]
Read More2026 GDP could drop to 1.2% of war drags on: KResearch
IN SLASHING its 2026 GDP forecast from 1.9 to just 1.2 percent should the Middle East war drag on and escalate Kasikorn Research Centre (KResearch) warned that Thailand also risks being hit by stagflation and a “Triple Deficit”, PPTVHD36 said yesterday (March 21). Mr. Burin Adulwattana, managing director and chief economist of KResearch, said […]
Read MoreThais urged to immediately leave risky areas in Middle East
FOLLOWING the death of one Thai worker in Israel and the expansion of the Middle East war with critical infrastructure too now being attacked the Thai Foreign Affairs Ministry urged all Thai citizens to immediately leave risky areas after having helped 1,209 Thais return home, Naewna newspaper said today (March 20). Mr. Panidol Patchimsawat, […]
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