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Motegi, Rubio Vow Close Communication over Strait of Hormuz
MONDAY, MARCH 16, 2026
Japanese Foreign Minister Toshimitsu Motegi and US Secretary of State Marco Rubio on Monday (March 16) agreed to maintain close communication amid Iran's de facto blockade of the Strait of Hormuz.
Japanese Personal Info Left at Thai-Cambodian Border Scam Base
MONDAY, MARCH 16, 2026
The Thai military has shown international media an abandoned scam compound on the northeastern border with Cambodia, where documents containing many Japanese individuals' personal information remain scattered.
Japan Starts Releasing Oil Reserves
MONDAY, MARCH 16, 2026
The Japanese government started releasing its oil reserves on Monday (March 16) to tackle the effective closure of the Strait of Hormuz by Iran in response to US-Israeli strikes on Iran.
UAE’s Fujairah port hit by drone attack, oil loading suspended
MONDAY, MARCH 16, 2026
Two sources said the UAE's Fujairah port suspended oil-loading operations after a drone attack sparked a fire in the petroleum industrial zone.
GULF Secures FinanceAsia Award 2025 for Landmark THB 7 Billion Green Loan for LEED Gold-Certified GSA Data Center 01
MONDAY, MARCH 16, 2026
Gulf Development Public Company Limited (GULF) has been honored with the “Best Structured Finance Deal (Thailand)” award at the FinanceAsia Awards 2025.
SRT reviews loss strategy as oil prices soar and costs outpace income
MONDAY, MARCH 16, 2026
Surging oil prices are directly driving up the State Railway of Thailand’s operating costs, forcing a review of its projected 18-billion-baht annual loss as fuel expenses outpace fare income.
Energy Minister Mobilises Fuel Tanker Fleet to Combat Forecourt Shortages
MONDAY, MARCH 16, 2026
Auttapol Rerkpiboon orders increased delivery cycles and additional haulage capacity to stabilise national fuel supplies following temporary deficits
PM holds tense two-hour talks with economic team on Middle East energy crisis
MONDAY, MARCH 16, 2026
Anutin convened the full economic team over the energy crisis and living costs amid heightened Middle East tensions, but stayed silent on diesel support
Thai Government Set to Revise Fiscal Framework as Energy Crisis and Slowing Growth Loom
MONDAY, MARCH 16, 2026
Public Debt Management Office eyes medium-term review to maintain fiscal discipline, capping budget deficits at 3 per cent of GDP despite fuel fund strain
Middle East war hits home-building sector as material and transport costs surge
MONDAY, MARCH 16, 2026
Rising oil prices, freight disruption and raw material constraints are piling pressure on Thai home builders, with small operators facing the greatest risk if the conflict drags on.