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Search Result for “Phuket sandbox”

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THAILAND

NHSO to Study Adding Advanced Therapies to UCS

Published on 13/05/2025

» The Minister of Public Health and Chairman of the National Health Security Office (NHSO) Board, Mr Somsak Thepsuthin, has assigned the NHSO to study the potential inclusion of Advanced Therapy Medical Products (ATMPs) under Thailand’s Universal Health Coverage Scheme (UCS), commonly known as the “Gold Card” or “30-Baht Scheme.”

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GENERAL

Call for new instant VAT refund scheme

Business, Kuakul Mornkum, Published on 22/04/2025

» The Thai Retailers Association (TRA) wants the government to introduce an instant VAT refund scheme for tourists and set up a free-trade-zone sandbox in tourist destinations such as Phuket, with the aim of positioning Thailand as an Asean shopping hub.

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THAILAND

Bitcoin Marathon & Festival 2025 Gets Official Green Light 

Published on 02/04/2025

» Chiang Mai, Thailand – The highly anticipated Bitcoin Half Marathon & Bitcoin Thailand Festival 2025 has been officially approved by Chiang Mai’s Provincial Administrative Organisation (PAO), which is responsible for local governance, marking a significant milestone for Thailand’s Bitcoin and running communities. Set to take place on November 1-2, 2025, the event will be held in collaboration with PAO Park and Jog and Joy Thailand, one of the country’s most experienced race organisers with over 30 years of expertise and 870 successful events. 

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GENERAL

Doubts persist over financial hub bid

Post Reporters, Published on 24/03/2025

» The cabinet approved the Financial Hub bill on Feb 4, marking a significant step in Thailand’s bid to become a regional player in finance.

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THAILAND

Super AI Engineer Season 5: Build Thailand's AI workforce

Published on 05/03/2025

» As artificial intelligence (AI) technology plays an increasingly crucial role in today’s world, AI knowledge and skills have become essential. The development of AI talent is therefore a crucial factor in adapting to changes in the labor market and industry shifts, driving economic growth, and enhancing Thailand’s competitiveness on a global stage. 

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GENERAL

Binance trumpets baht-backed stablecoins

Business, Nareerat Wiriyapong, Published on 07/02/2025

» The government should consider issuing stablecoins backed by the baht for use within the country, including the proposed Phuket crypto sandbox, as fiat-backed stablecoins are less volatile than other digital assets, notably Bitcoin, says the Thai unit of Binance.

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GENERAL

Laguna Phuket: Where Phuket's Elite Call Home

Published on 07/02/2025

» As demand for luxury homes remains incredibly buoyant in Phuket, largely due to a continued influx of international buyers, a record number of new developments have entered the market in 2024 - with many more to come.  According to real estate experts like CBRE Thailand, the value of real estate sales in Phuket reached a new record last year - and there is a new project launched almost every two weeks. 

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INVESTMENT

Phuket eyed for crypto sandbox

Business, Nareerat Wiriyapong, Published on 01/02/2025

» In a move cheered by cryptocurrency enthusiasts, last month former prime minister Thaksin Shinawatra proposed using Phuket province as a Bitcoin sandbox for tourism, aiming to encourage digital currency holders to spend in Thailand.

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GENERAL

Weak consumption holding back Thai economy: central bank

Published on 30/01/2025

» BANGKOK - Thailand’s economic growth may falter this year, following a weaker-than-expected fourth quarter when consumption cratered despite a government cash handout aimed up firing up sluggish growth, according to Bank of Thailand governor Sethaput Suthiwartnarueput.

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INVESTMENT

Binance unit bullish on Bitcoin prospects

Business, Nareerat Wiriyapong, Published on 21/01/2025

» The price of Bitcoin will be on an upward trend during at least the first three months of Donald Trump's presidency, while the proposed Phuket crypto sandbox will potentially cause Thailand's rate of digital adoption to double from 12% at present, according to the Thai unit of Binance -- the world's leading cryptocurrency exchange.