Business

Oil 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

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Business

Thai consumer confidence falls for the first time in four months in December, survey shows

  By Reuters and published by CNA THAILAND’S consumer confidence index fell for the first time in four months in December, according to a university survey on ‌Thursday (Jan. 8). Confidence fell due to ‌the dissolution of parliament and the conflict between Thailand and Cambodia, which could slow the recovery of the economy, the ‍University

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Business

Over 50% tourists have disappeared from Andaman coast: Trang Deputy Governor

  THE massive earthquake in Myanmar’s Mandalay city last Friday (March 28) has hit tourism along the Andaman coast with Trang Deputy Governor CPO2 Anan Boonsamran saying more than half holidaymakers have disappeared, with some cancelling their trip, after panicking upon reading fake news on social media, Naewna newspaper said today (March 30). Speaking to

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Business Local news

Alcohol wholesalers hit by weak holiday season sales

  THREE alcohol wholesalers, two in Bangkok and one in Nakhon Ratchasima, said yesterday (Dec. 22) that the expected strong festive season sales has not materialised with purchases either only edging up slightly or downright plunging, Matichon newspaper said. Mr. Somchai Pornrattanacharoen, owner of the S. Sappakit store and former president of the Thai Wholesale

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