Showing 1 - 10 of 16
US weighs upgrade for Vietnam to 'market economy' status
Published on 08/05/2024
» WASHINGTON: US President Joe Biden's bid to draw Vietnam closer as a strategic ally will clash head-on with his desire for union workers' votes on Wednesday as the Commerce Department hears testimony on whether to designate Vietnam as a "market economy".
The thorny issue of digital wallet funding
Business, Wichit Chantanusornsiri, Published on 25/04/2024
» The coalition government led by Prime Minister Srettha Thavisin made a significant pivot on its flagship scheme, which aims to hands out 10,000 baht each to 50 million Thais via a digital wallet, shifting from government borrowing, which drew sharp criticism and raised concerns about potential violations of financial and fiscal discipline regulations.
Making sense of the uptick for Bitcoin
Business, Nareerat Wiriyapong, Published on 28/03/2024
» Before this year, investors predicted the prices of cryptocurrencies could surge in 2024 because of the Bitcoin halving, an event that rewards mining that occurs every four years, as well as the likelihood of interest rate cuts, which benefit most asset classes.
Digital wallet paper to be assessed by panel
Business, Wichit Chantanusornsiri, Published on 20/03/2024
» The State Audit Commission appears to be preparing to establish a subcommittee to audit and provide recommendations to the government on the controversial digital wallet project.
Bitcoin hits B2m amid crypto boom
Business, Published on 29/02/2024
» The price of Bitcoin topped 2 million baht on the Bitkub digital asset exchange as global prices spiked to a new high of US$59,000 on Wednesday afternoon, amid institutional buying of spot Bitcoin exchange-traded funds (ETFs) and growing retail investor interest in cryptocurrency.
Digital wallet stalled for more studies
Published on 15/02/2024
» A much-anticipated meeting of the board overseeing the government’s digital wallet programme ended on Thursday with the establishment of a sub-committee to thoroughly study all rules and regulations and report back in 30 days.
Graft-busters warn govt, digital handout could be illegal
Online Reporters, Published on 16/01/2024
» The National Anti-Corruption Commission (NACC) has warned the government of possible illegalities in its planned 10,000-baht digital wallet handout.
CEOs voice concerns for 2024
Business, Post Reporters, Published on 02/01/2024
» Thailand is projected to post slow economic growth in the near future compared with pre-pandemic rates. Several public and private agencies have GDP forecasts for 2024 ranging from 3-3.4%, excluding implementation of the government's digital wallet scheme.
Seeing stars in 2024
Business, Published on 01/01/2024
» Many economists project Thailand to be on a recovery course thanks to resilient domestic demand and an uptick in tourist arrivals.
Captains of the ship
Business, Post Reporters, Published on 28/12/2023
» Leaders of private industry have steered their respective sectors through a year of significant challenges, and now focus on what 2024 holds in store for them.