Thailand is set to receive a new shipment of liquefied natural gas (LNG) from overseas, ensuring adequate fuel for power generation as electricity demand surges during the hot season, according to an energy official who requested anonymity.
Gold prices could slide below US$5,000 an ounce if rising energy prices and mounting inflation concerns stemming from war in the Middle East prompts the Federal Reserve’s meeting this week to signal fewer or no interest rate cuts this year, traders say.
European tourists’ interest has shifted from southern Thailand to eastern attractions less affected by the Middle East war, according to the Tourism Authority of Thailand.
Mr Wong will be making his first visit to Japan as Singapore’s prime minister. It comes on the 60th anniversary of diplomatic relations between the two countries.
Thai small and medium-sized enterprises (SMEs) face a wall of negative sentiment this year as geopolitical tensions, trade conflicts and tighter access to loans weigh on the sector, raising questions about how businesses can navigate these tumultuous times.
New residential supply launched in Greater Bangkok this year is expected to continue to decline after hitting a multi-year low in 2025, as a large amount of inventory remains unsold and developers become more cautious about investment.
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.