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Asia Tech x Singapore Charts Inclusive Digital Future
Published on 09/05/2024
» From 29 to 31 May, Asia’s flagship tech platform, Asia Tech x Singapore (ATxSG) will host over 25,000 global leaders and industry decision makers to chart the path forward in building an inclusive global digital future that will impact the world’s economic ambitions. The fourth edition of ATxSG will explore the intersection of tech with society and the digital economy and facilitate debate around some of the most exciting tech developments and key challenges facing the industry today. ATxSG 2024, jointly organised by the Infocomm Media Development Authority (IMDA) and Informa Tech, includes two main segments – ATxSummit and ATxEnterprise.
Department seeks to speed up free trade negotiations
Business, Phusadee Arunmas, Published on 09/05/2024
» The Department of Trade Negotiations is pushing for free trade agreement (FTA) negotiations with trading partners to expand trade and investment opportunities as well as strengthen the economy.
UOB slashes GDP growth to 2.4%
Business, Nareerat Wiriyapong, Published on 09/05/2024
» Singapore-based United Overseas Bank (UOB) is preparing to downgrade Thailand's GDP growth forecast this year to 2.4% from 2.8%, though it expects the Bank of Thailand to trim interest rates twice to 2% by year-end to prop up the economy.
Govt, BoT spat may not be economic
Oped, Chartchai Parasuk, Published on 09/05/2024
» The row between the government and the Bank of Thailand (BoT) over its "high" interest rate is all over the news. Many have started questioning the appropriateness of the central bank's independence.
Top business lobby joins rate cut call, trims GDP forecast
Published on 08/05/2024
» The country's biggest business lobby has urged the Bank of Thailand to cut interest rates and work with the government on ways to revive business and consumption activity, after slashing its own estimate for economic growth.
Council anticipates 1-2% export growth
Business, Phusadee Arunmas, Published on 08/05/2024
» The Thai National Shippers' Council (TNSC) is confident exports will grow by 1-2% this year and suggested the planned hike in the daily minimum wage must be considered thoroughly, with supportive government measures provided under the wage committee mechanism.
Economists back Bank of Thailand's autonomy
Business, Published on 08/05/2024
» The Bank of Thailand (BoT) must be independent to pursue its role of maintaining economic stability, say economists, noting that interest rates have a minimal impact on increasing economic growth, but could affect the stability of the baht and cause household debt to rise.
Imagining a world without cash
Life, James Hein, Published on 08/05/2024
» How safe are you in a purely digital economy? If you are carrying cash, someone can of course rob you, or you can lose it or give it to someone. You can also have a stash of it at home for emergencies or for buying something from a garage sale. For the most part, you retain control over any cash you manage. Electronic cash can still be stolen and your ability to spend it can be taken by someone else if your details get into the wrong hands. However, it's convenient, just tap and go, or in some cases, just wave your smartphone over a pad. While you have no idea where your money actually is, a small piece of plastic, your watch or a phone can retrieve it for you for a payment. You can even use it to get cash from a wall.
Fixing Thailand's cannabis regulations
Oped, Published on 08/05/2024
» When cannabis was removed from the Narcotics Code in 2021, widespread, unregulated usage sparked a public outcry, calling for immediate governmental intervention to rectify the situation.
Industrialists join rate-cut chorus
Lamonphet Apisitniran, Published on 07/05/2024
» The Bank of Thailand should consider reducing interest rates in the second half to relieve the financial burden of small and medium-sized enterprises (SMEs), which are facing tougher competition and an uncertain economy, says the Federation of Thai Industries (FTI).