Showing 1 - 10 of 815
Thai regulator probes crypto cyber-attack claims
Published on 09/09/2025
» The Securities and Exchange Commission (SEC) has ordered all Thai digital asset exchanges to publicly clarify reports of cyber-attacks amid viral social media claims, warning investors to rely exclusively on official information channels.
TrueMoney Unveils THBT, Baht-Pegged Digital Data Unit
Published on 22/08/2025
» Bangkok, August 22, 2025 – TrueMoney, a leading financial technology provider in Southeast Asia, has launched Thai Baht TrueMoney (THBT), an electronic data unit pegged 1:1 to the Thai Baht on a public blockchain. A limited pilot programme is now available under the Programmable Payment initiative in the Enhanced Regulatory Sandbox.
Crypto sandbox targets tourists
Business, Published on 22/08/2025
» The TouristDigiPay sandbox, an 18-month initiative that allows foreign tourists to convert digital assets into baht for domestic spending, is strengthening Thailand's digital economy and positioning the country as a regional leader, according to cryptocurrency exchange operators.
EGCO profit jumps 88% on strong performance
Published on 15/08/2025
» Bangkok, August 15, 2025 - Electricity Generating Public Company Limited (EGCO Group) has announced strong first-half 2025 results, posting a net profit of 5,734 million baht—an increase of 2,679 million baht or 88% year-on-year. The solid performance was largely driven by the company’s “Triple P” strategy, which emphasises strategic asset recycling.
High hopes for Thailand's new crypto sandbox
Business, Nareerat Wiriyapong, Published on 28/07/2025
» In the increasingly competitive tourism landscape amid a global economic slowdown, pundits believe recently endorsed crypto-friendly measures will lift Thailand's attractiveness in the eyes of tech-savvy, high-spending tourists.
Panel, agencies seek biometric guidelines
Business, Suchit Leesa-nguansuk, Published on 24/07/2025
» The Personal Data Protection Committee (PDPC) convened with related public and private agencies to seek ways to establish clearer guidelines to regulate the collection and use of biometric data, particularly iris scans, over concerns pertaining to the use of personal data.
National crypto sandbox for tourists in the offing
Business, Published on 17/07/2025
» Digital asset exchange operators have welcomed a joint effort between the Securities and Exchange Commission (SEC) and the Bank of Thailand to launch a crypto sandbox to allow foreign tourists to use digital assets in Thailand, saying the new initiative would drive crypto adoption across Thailand.
Hong Kong aims to increase flights to Asean, Middle East under belt and road plan
Published on 14/07/2025
» Hong Kong is striving to enhance its connectivity with countries under the Belt and Road Initiative by increasing flight frequencies to strategic destinations such as Xinjiang, Riyadh and Dallas, as well as launching new direct routes to second-tier Asean and Middle Eastern locations, the city's chief for the national plan has said.
Crypto seen benefiting from tax exemption
Business, Nuntawun Polkuamdee, Published on 14/07/2025
» Thailand's recent move to exempt capital gains tax on cryptocurrency for a five-year period could draw a massive pool of Thai capital estimated at more than US$60 billion currently held offshore back to the country, says Merkle Capital.
Bank of Thailand vows to step in if baht moves are unhinged
Published on 27/06/2025
» Thailand’s central bank is ready to tackle excessive baht volatility by managing any moves “unhinged” from its fundamentals, a deputy governor said, amid calls from local businesses to temper the currency’s rally to help exports and tourism.