Brent crude settled above $100 for a second day as Hormuz disruption deepened, with markets doubting US moves to contain energy prices during the Iran war
Oil jumps again after Iran says it has closed Hormuz Strait
TUESDAY, MARCH 03, 2026
Crude prices jumped more than 8% after Iran said it had closed the Strait of Hormuz, stoking fears the US–Iran war could trigger major supply disruptions
Govt. signals VAT hike to 8.5% in 2028 and full 10% in 2030, with higher fuel excise from 2027
THURSDAY, NOVEMBER 20, 2025
Thailand plans a phased VAT increase to 8.5% in 2028 and 10% in 2030, alongside higher fuel excise in 2027, as part of a broader fiscal overhaul to curb the deficit
Global coffee trade grinding to a halt, hit hard by brutal price hikes
SUNDAY, MARCH 09, 2025
Global coffee traders and roasters say they have slashed their purchases to minimal levels, as the industry reels from a steep surge in prices that suppliers have yet to convince retail stores to accept.
FTI warns power rate hike would discourage foreign investors
THURSDAY, JULY 18, 2024
The Federation of Thai Industries (FTI) on Thursday warned Thailand would not be able to compete with neighbouring countries for investments if the government increases the electricity rates.
Prayut promises salary hike to tambon officials, denies wooing their support for elections
THURSDAY, MARCH 02, 2023
Prime Minister General Prayut Chan-o-cha on Thursday told a gathering of officials from tambon administrative organisations (TAOs) that his government would soon raise their pay.