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Search Result for “digital currency”

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GENERAL

Japanese firms to invest more as outlook brightens

Supoj Wancharoen, Published on 19/06/2024

» Japanese investors are expected to increase their activity in Thailand, following a forecast by the Japan External Trade Organization (Jetro) of a rebound in tourism and business in the second half of this year, according to Transport Minister Suriya Jungrungreangkit.

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THAILAND

Huawei Ranks Third in Thai IaaS Market 2023

Published on 12/06/2024

» Gartner®, a renowned international research institute, recently released a research report “Market Share: IT Services, Worldwide 2023”. The report shows that Huawei ranks No.2 by revenue in China's IaaS market and No.3 in that of Thailand.

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OPINION

Thailand wants faster inflation

News, Daniel Moss, Published on 06/06/2024

» It's hard to find a leader anywhere these days who will argue the case for faster inflation. Politicians would rather drink hemlock than call for a renewed acceleration; they are often too busy nodding sympathetically at what their opponents call a cost-of-living crisis. But there is a kingdom where calling for more elevated prices, sooner, isn't off limits. In fact, the government embraces the concept.

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GENERAL

Government seeks tighter grip on central bank after clash

Bloomberg News, Published on 05/06/2024

» Prime Minister Srettha Thavisin's administration is discussing ways to exert more control over the Bank of Thailand (BoT) after repeatedly clashing with the monetary authority on economic policy, according to people familiar with the matter.

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INVESTMENT

Asian shares recover on hopes for policy support

Business, Published on 01/06/2024

» RECAP: Asian stocks recovered on Friday after a three-day selling streak, boosted by a decline in US Treasury yields and weakness in the dollar amid optimism for more policy support after disappointing economic data from the US, China and Japan.

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GENERAL

Economic chiefs weigh steps to lift growth, credit access

Published on 27/05/2024

» Thailand’s economic chiefs underscored the need for urgent stimulus measures and improved access to credit for small business to accelerate growth rate in the short-term amid the highest interest rate in a decade and near-zero inflation.

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OPINION

Yesterday’s shadow

Oped, Postbag, Published on 25/05/2024

» Re: “Court to hear Srettha case”, (BP, May 24) and “Thailand’s judiciary face challenges”, (Opinion, May 24). Prof Thitinan Pongsudhirak’s biting comments on the judiciary’s influence on the lifeline of an elected prime minister are most justified based on past events. For the coming challenge facing our Constitutional Court, it is different from the past. The court’s 5-4 vote not suspending PM Srettha’s lifeline before he has the chance of defence is laudable.

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GENERAL

Baht fundamentals have deteriorated

Business, Published on 23/05/2024

» Uncertainty surrounding the US interest rate trajectory, alongside geopolitical tensions, underpin much of the baht's weakness so far this year. We think the baht will trade sideways and reach 37.50 to the US dollar by year-end once these temporary factors subside.