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Search Result for “baht currency”

Showing 1 - 10 of 17

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OPINION

Be careful, Prawit

News, Editorial, Published on 17/10/2022

» Deputy Prime Minister Gen Prawit Wongsuwon is expected to be among the prime ministerial candidates nominated by the ruling Palang Pracharath Party (PPRP) in next year's general election, expected in May.

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OPINION

Crypto scam alarms ring

Oped, Editorial, Published on 15/09/2022

» The widespread impact of cryptocurrency investment scams that have hit the headlines in recent weeks highlights the need for improved financial literacy among investors, especially the young, as well as tougher regulations to prevent these financial crimes.

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OPINION

Crypto gets shot in arm

News, Editorial, Published on 08/11/2021

» The future outlook for cryptocurrencies in Thailand is promising after SCBx Group acquired 51% of Thailand's leading digital asset exchange, Bitkub Online Co, with a huge investment value of 17.85 billion baht.

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OPINION

Bitcoin craze needs order

News, Editorial, Published on 15/02/2021

» Bitcoin mania, which has driven its price to a record high above 1.4 million baht, has sent signals to authorities as to whether they are ready to handle the rise of digital currency transactions.

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OPINION

Smarter trade deals needed

News, Editorial, Published on 09/11/2020

» Many Thais rejoiced after Joe Biden won the US presidential election over the weekend. But certain concerns remain as the US changes its leader; in particular, challenges currently facing Thailand's international trade.

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OPINION

Antitrust laws need a rethink

News, Editorial, Published on 04/08/2020

» Big Tech roared back into the headlines last week after US President Donald Trump declared that Washington would ban the Chinese video-sharing platform TikTok. The sudden announcement came just days after the US House Judiciary subcommittee grilled four tech chiefs -- Google's Sundar Pichai, Amazon's Jeff Bezos, Apple Inc's Tim Cook, and Facebook's Mark Zuckerberg -- in a marathon five-and-a-half-hour antitrust hearing. The US-based firms, worth nearly US$5 trillion (156 trillion baht), stand accused of stifling competition and establishing "monopolistic" dominance.

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OPINION

Tough BoT job for Sethaput

Oped, Editorial, Published on 31/07/2020

» With his extensive experience in economic affairs, Sethaput Suthiwart-Narueput's appointment as governor of the Bank of Thailand (BoT) -- where he will be tasked with the demanding job of dealing with a flagging economy that has yet to recover from the Covid-19 crisis -- seems a suitable choice by the government.

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OPINION

Bring the baht down to earth

News, Editorial, Published on 06/01/2020

» A day before the end of last year, the baht touched a fresh six-year high as it fell below the 30-mark to 29.9 to the US dollar. A strong local currency has sparked concerns that it may create pressure on the economy.

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OPINION

Is Thailand a manipulator?

News, Editorial, Published on 22/10/2018

» The Thai economy dodged a bullet last week, and not many people noticed. Newspaper headlines, when they appeared at all, noted the US government opted not to label China as a currency manipulator. The attention to China is understandable, given the existing and escalating "trade war" instigated by President Donald Trump. But most accounts of the biannual report of the US Treasury Department failed to note that the top target as a currency manipulator wasn't China, but Thailand.

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OPINION

Bank on right track with transparency

News, Editorial, Published on 15/07/2018

» It is not often to see the Bank of Thailand (BoT) announce its intervention in the Thai currency even though such practice is a normal duty of a central bank.