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Search Result for “go digital”

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OPINION

Digital wallet should be implemented

Oped, Thitinan Pongsudhirak, Published on 16/02/2024

» The big debate in Thailand's current economic policy planning is whether the economy is facing a crisis or not. The government of Prime Minister Srettha Thavisin, who doubles as finance minister, has contended that there is an economic crisis in dire need of both monetary policy loosening and fiscal stimulus, particularly the 500-billion-baht digital wallet scheme. The Bank of Thailand, supported by a clique of economists apparently critical of the government's "populist" policy measures, asserts otherwise that an economic recovery is in progress without the need to lower the benchmark repurchase rate.

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TECH

The future of AI is LAM

Life, James Hein, Published on 14/02/2024

» After my earlier article, I realised I was somewhat scant on what a Large Action Model (LAM), also called Large Agentic Models, are. As already mentioned, these have derived from the Large Language Models (LLM), or what people now refer generically as AI, discussed before.

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THAILAND

Cabinet approves B560bn in new borrowing

Published on 13/02/2024

» The cabinet on Tuesday approved an additional 560 billion baht in new borrowing for the 2024 fiscal year, on top of 194 billion baht previously approved.

OPINION

Give up already, Srettha

Published on 11/02/2024

» Re: "PT rebuffs wallet warning," (BP, Feb 9), "NACC says policy, other risks abound," (BP, Feb 8), & "Soft or hard landing for Thai economy?", (Opinion, Feb 8).

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THAILAND

Pheu Thai rebuffs wallet warning

News, Published on 09/02/2024

» The ruling Pheu Thai Party (PT) has brushed aside a warning issued by the National Anti-Corruption Commission (NACC) against the government's 10,000-baht digital wallet handout scheme.

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OPINION

Thailand digital wallet dilemma

Oped, Editorial, Published on 09/02/2024

» A warning from the National Anti-Corruption Commission (NACC) on the pitfalls of the 10,000-baht digital wallet scheme is not music to the ears of the Srettha government.

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OPINION

Soft or hard landing for Thai economy?

News, Chartchai Parasuk, Published on 08/02/2024

» Personally, I am sure the Thai economy will crash this year. I can even estimate the time when the crash will start. It is likely to be the month of May as several big economic bombs will explode that month. Confirmation of this belief came in December 2023's economic data. The most disturbing part is industry's capacity utilisation rate of 56.2% (seasonally adjusted), which is the second lowest in the world. The world's lowest is Nigeria!

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THAILAND

PM piles pressure on BoT

News, Phusadee Arunmas, Published on 07/02/2024

» The Bank of Thailand's (BoT) monetary policy committee (MPC) has come under pressure today following Prime Minister Srettha Thavisin's public call for a 25 basis point rate cut.

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GENERAL

Panel called on to cut policy rate

Business, Wichit Chantanusornsiri, Published on 06/02/2024

» The Finance Ministry is urging the Bank of Thailand's Monetary Policy Committee (MPC) to consider cutting its policy rate to ease the burden on the public, says Deputy Finance Minister Julapun Amornvivat.