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Search Result for “blockchain”

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GENERAL

Trio of consortiums tipped as 'favourites' in hunt for licences

Business, Nuntawun Polkuamdee, Published on 24/09/2024

» The KTB-GULF-ADVANC-OR, SEA-BBL-VGI-Thailand Post and SCB-WeBank-KakaoBank consortiums are the applicants most likely to win one of the Bank of Thailand's virtual bank (VB) licences given their strengths in terms of capital, technology and a large customer base, says Yuanta Securities.

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GENERAL

Lighthub-WeLab consortium among virtual bank applicants

Nuntawun Polkuamdee, Published on 20/09/2024

» A consortium of Lighthub Asset, a Thai fintech powerhouse, and WeLab, a leading pan-Asian fintech platform, has applied for the Bank of Thailand's (BoT) virtual bank licence, with results expected in the first half of 2025.

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GENERAL

Planting seeds of sustainability: Grab's carbon offset journey

Business, Suchit Leesa-nguansuk, Published on 20/09/2024

» As the spectre of global boiling looms large, innovative partnerships offer a beacon of hope. Grab, a leading superapp in Southeast Asia, and EcoMatcher, a technology-driven tree-planting platform, have forged an alliance in an effort to combat climate change.  

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GENERAL

PM says handout will give ‘jolt’ to economy

Published on 17/09/2024

» The launch of a 145-billion-baht handout programme to needy people next week is certain to give a “jolt” to the economy, Prime Minister Paetongtarn Shinawatra said on Tuesday, as her government promised more stimulus measures ahead.

GENERAL

Depa plan focuses on enhancing digital workforce

Business, Komsan Tortermvasana, Published on 04/09/2024

» The Digital Economy Promotion Agency (Depa) has unveiled its 2025 operational plan to promote the concept of "Perform Better, Think Faster, and Live Better" to enhance the quality of life of Thai people via digital technology.

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INVESTMENT

Bitcoin flirts with $65,000 on Powell pivot, streak of ETF flows

Published on 26/08/2024

» Bitcoin touched $65,000 for the first time in about three weeks, aided by reviving demand for dedicated US exchange-traded funds amid signs that the Federal Reserve is set to loosen monetary policy.

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WORLD

Universities in China change course to meet government's need for hi-tech workforce

Published on 23/08/2024

» HONG KONG: More than a dozen Chinese universities are overhauling their engineering and technology majors in favour of hi-tech areas such as AI and big data to answer a government call for more talent.

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GENERAL

Pact offers firms e-sports prospects overseas

Business, Suchit Leesa-nguansuk, Published on 21/08/2024

» Thailand's technology and financial technology businesses are seeking business opportunities in Saudi Arabia to capitalise on Saudi Vision 2030 and the world's first edition of the Olympic Esports Games scheduled to be held in Saudi Arabia next year.

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INVESTMENT

Crypto here to stay

Nuntawun Polkuamdee, Published on 19/08/2024

» Amid a global economic slowdown and geopolitical risks, cryptocurrencies are making a comeback, ranking among the world's top-performing assets in the first seven months of 2024 along with Nvidia, one of the "Magnificent 7" tech stocks on the US stock exchange.

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THAILAND

Thai Police Partner with AMLBot to Combat Crypto Scams

Published on 13/08/2024

» Pig butchering scams related to cryptocurrency, a form of investment fraud, have become increasingly prevalent in Southeast Asia, particularly in the areas surrounding Thailand, Cambodia, and Laos. These scams often involve cybercriminals posing as legitimate investment advisors to swindle victims out of their savings.