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Search Result for “phuket expat”

Showing 1 - 10 of 23

BUSINESS

Call to let foreigners buy more insurance

Business, Nareerat Wiriyapong, Published on 12/02/2026

» Allowing foreigners to buy insurance policies in Thailand with foreign currencies, particularly yuan, would lift the domestic insurance industry, which is pressured by low interest rates and a sluggish economy, says the Thai unit of French insurer AXA.

BUSINESS

Airports of Thailand shares continue to fall

Nareerat Wiriyapong, Published on 16/06/2025

» Shares in Airports of Thailand (AOT) continued to plunge on Monday as the company said it would negotiate with King Power Duty Free (KPD) within 45 days after the latter requested a possible termination of a duty-free concession contract at five airports.

BUSINESS

Binance trumpets baht-backed stablecoins

Business, Nareerat Wiriyapong, Published on 07/02/2025

» The government should consider issuing stablecoins backed by the baht for use within the country, including the proposed Phuket crypto sandbox, as fiat-backed stablecoins are less volatile than other digital assets, notably Bitcoin, says the Thai unit of Binance.

BUSINESS

Phuket eyed for crypto sandbox

Business, Nareerat Wiriyapong, Published on 01/02/2025

» In a move cheered by cryptocurrency enthusiasts, last month former prime minister Thaksin Shinawatra proposed using Phuket province as a Bitcoin sandbox for tourism, aiming to encourage digital currency holders to spend in Thailand.

BUSINESS

Binance unit bullish on Bitcoin prospects

Business, Nareerat Wiriyapong, Published on 21/01/2025

» The price of Bitcoin will be on an upward trend during at least the first three months of Donald Trump's presidency, while the proposed Phuket crypto sandbox will potentially cause Thailand's rate of digital adoption to double from 12% at present, according to the Thai unit of Binance -- the world's leading cryptocurrency exchange.

BUSINESS

Binance backs Thaksin's Bitcoin proposal

Business, Nareerat Wiriyapong, Published on 24/12/2024

» Former premier Thaksin Shinawatra's proposal for a pilot Bitcoin payment project is a positive step to boost Thailand's competitiveness and attractiveness to tech-savvy visitors, but it first needs the Bank of Thailand to thoroughly study the risks of such a move, says the Thai unit of Binance -- the world's leading cryptocurrency platform.

PROPERTY

RML adds flagship One City Center property to REIT

Nareerat Wiriyapong, Published on 23/12/2024

» Raimon Land Plc (RML) plans to include its flagship One City Centre (OCC) property in central Bangkok, valued at 14.8 billion baht, in a real estate investment trust (REIT) as part of its strategy to enhance long-term financial stability.

PROPERTY

Hylife Group aims to go public by 2030

Business, Nareerat Wiriyapong, Published on 18/09/2024

» Hylife Group, a Chiang Mai-based Indian-owned conglomerate, plans to float shares on either the Thai bourse or another Asian stock market by 2030 as it aggressively expands in Thailand, says chief executive Shubhodeep Das.

PROPERTY

Narongdej family fully backs Raimon Land's capital increase

Business, Nareerat Wiriyapong, Published on 04/09/2024

» The Narongdej family is fully committed to Raimon Land's (RML) ongoing capital increase, says the company's chairman, noting that the completed and ongoing projects of the listed luxury property developer would generate more than 30 billion baht in revenue over the next 1-3 years.

BUSINESS

Maguro poised for aggressive expansion

Business, Nareerat Wiriyapong, Published on 03/08/2024

» Amid the growing popularity of Japanese food in Thailand, the MAGURO restaurant brand has managed to place itself in the minds of Thai diners, with aggressive expansion on the cards this year and next.