Showing 1 - 10 of 611
Cutting Asia's reliance on dollars
Oped, Published on 02/10/2025
» The US dollar remains the world's leading reserve currency, but recent developments -- particularly President Donald Trump's unilateral economic diplomacy, including weaponisation of the dollar -- have fuelled doubts about whether it will maintain that status. While some of America's geopolitical rivals may hope to displace the dollar, the real challenge facing Asian economies is to manage the vulnerabilities created by their heavy dependence on it.
TouristDigiPay digital asset scheme kicks off
Business, Nuntawun Polkuamdee, Published on 27/09/2025
» TouristDigiPay, a regulatory sandbox programme that allows foreign tourists to convert digital assets into baht to spend in Thailand, launched on Thursday with registration opening for digital asset and e-money operators, says the Securities and Exchange Commission (SEC).
Innocent victims of the mule crackdown
Business, Somruedi Banchongduang, Published on 22/09/2025
» In recent days, public complaints have surged over the suspension of money transfers and payments via digital platforms, largely linked to authorities' crackdown on mule accounts.
10 members of Thai ID fraud gang, including 6 govt officials, arrested
Published on 12/09/2025
» Ten people, including six government officials, involved in allegedly forging Thai ID cards for stateless people and foreign nationals have been arrested separately in Bangkok and three other provinces.
SuperRich 1965 marks 60 years with e-Wallet
Published on 09/09/2025
» SuperRich 1965 (Orange), Thailand’s No.1 foreign currency exchange, is celebrating its 60th anniversary under the theme “60 Years of Trust, Moving Forward Together.” The company has introduced its new mascot, “Nong Super,” as a travel partner that reflects a modern image and connects with new-generation travellers. SuperRich is also driving digital transformation by integrating services across both branch and online platforms, with plans to launch an e-Wallet to serve international tourists. The company is targeting 20% growth and aims to surpass THB 100 billion in currency exchange volume by 2027.
Reform lending laws
Oped, Postbag, Published on 03/09/2025
» Re: "Buy now, bankrupt later", (Business, Sept 1). Little is ever said about the so-called many (often SET-listed) prolific finance companies here, which charge very high interest rates, levy late fees very quickly, and impose other strict rules that are often, may we say, not very consumer-finance friendly.
Buy now, bankrupt later
Business, Post Reporters, Published on 01/09/2025
» Buy now, pay later (BNPL) services have swiftly risen in popularity in Thailand, riding the wave of e-commerce expansion and the appeal of flexible payment options that let consumers purchase now and settle later in instalments.
How tourist spending is going digital
Business, Published on 30/08/2025
» Starting in the fourth quarter this year, foreign investors arriving in Thailand can convert digital assets such as cryptocurrencies into baht to cover their travel expenses and spending in the country.
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.
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.