Showing 1 - 5 of 5
Crypto glitches prompt industry rethink
Business, Janine Phakdeetham, Published on 31/08/2022
» With the recent news of the SCB X-Bitkub deal falling apart and the Zipmex incident, investors in Thailand's digital currency market are facing a negative outlook. The Bangkok Post provides a recap of these events and gathers the views of investment analysts on the lessons learned and where things are heading going forward.
Taking a deep dive into the baht rebound
Business, Janine Phakdeetham, Published on 03/08/2022
» The currency of Southeast Asia's second-largest economy traded against the greenback at 36.08 on Monday, appreciating 1.4% compared to a week prior.
Explainer: The lowdown on the Zipmex situation
Business, Janine Phakdeetham, Published on 27/07/2022
» Analysts have commented on the implications on investor confidence and markets following Thailand's major digital asset exchange platform Zipmex's announcement of a memorandum of understanding (MoU) with interested parties.
Explainer: Should we be concerned about the baht?
Business, Janine Phakdeetham, Published on 11/05/2022
» Thailand started off this week with the baht weakening to a five-year low of 34.62 against the greenback. While in line with other Asean currencies that have softened against the US dollar, the performance is worth monitoring because it serves as an indicator in the country's recovery.
Economic outlook turns dour as committee meets
Business, Janine Phakdeetham, Published on 30/03/2022
» All eyes are on the Bank of Thailand as rising inflation, spiking energy prices, a weakened baht and the impact of the war in Ukraine could all combine to influence a revision of key economic figures, especially GDP growth and interest rates, at the central bank's rate-setting committee meeting on Wednesday.