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Search Result for “asset purchases”

Showing 1 - 10 of 995

GENERAL

Asia tunes out US shutdown drama

Business, Published on 04/10/2025

» RECAP: Most emerging Asian markets recorded gains as investors shrugged off US government shutdown worries, with risk appetite rising because of local factors, and optimism about another US interest rate cut.

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THAILAND

CEA Announces Creative Excellence Awards 2025

Published on 29/09/2025

» Bangkok, September 29, 2025 — Now in its third year, the Creative Excellence Awards spotlight individuals, organisations, and communities that harness creativity to generate new value and opportunity for Thailand’s economy and society. Organised by the Creative Economy Agency (Public Organization), or CEA, the 2025 awards recognise 15 winners across three main categories: Creative City Awards, Creative Business Awards, and Creative Social Impact Awards. These accolades reflect the belief that creativity is a key engine for elevating Thailand’s potential on the global stage. The awards ceremony took place on Wednesday, 24 September 2025, at EMSKYE, 14th floor, EM Tower, EMSphere.

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GENERAL

Hope for more rate cuts buoy Asian shares

Business, Published on 20/09/2025

» RECAP: Asian shares were headed for weekly gains on Friday on hopes of further interest rate cuts around the world, though the Nikkei retreated from record highs after the Bank of Japan said it would start to offload some of its massive equity fund holdings.

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GENERAL

Cambodia gold imports raise eyebrows

Published on 12/09/2025

» Thailand's gold exports to Cambodia are being monitored as the figures rose substantially in recent years and 2025, though the Gold Traders Association (GTA) maintains Cambodia is not a major export market.

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GENERAL

Thais among top 10 global gold buyers

Nuntawun Polkuamdee, Published on 10/09/2025

» Thailand has emerged as one of the world’s top 10 gold buyers, with demand jumping 21% year-on-year to 20.7 tonnes in the first half of 2025, supported by expected US interest rate cuts, safe-haven demand and a global de-dollarisation trend, says YLG Bullion International.

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GENERAL

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.

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GENERAL

Traders on sidelines awaiting Fed signals

Business, Published on 23/08/2025

» RECAP: Asian equities traded in a narrow range ahead on Friday as investors awaited a key speech from US Federal Reserve chairman Jerome Powell that could shed light on the direction of monetary policy. Many traders are scaling back bets on an imminent US interest-rate cut.

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THAILAND

TrueMoney Unveils THBT, Baht-Pegged Digital Data Unit 

Published on 22/08/2025

» Bangkok, August 22, 2025 – TrueMoney, a leading financial technology provider in Southeast Asia, has launched Thai Baht TrueMoney (THBT), an electronic data unit pegged 1:1 to the Thai Baht on a public blockchain. A limited pilot programme is now available under the Programmable Payment initiative in the Enhanced Regulatory Sandbox. 

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GENERAL

Bitcoin to baht: digital assets sandbox in offing for foreign tourists

Wichit Chantanusornsiri, Published on 18/08/2025

» The government’s latest initiative allowing foreign tourists to convert digital assets into baht for spending during their time in the country is expected to boost foreign tourist spending by an additional 10%, says Finance Minister Pichai Chunhavajira.

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OPINION

Dollar at risk of being left behind

News, Published on 04/08/2025

» Europe and Asia could leverage US President Donald Trump's "America First" strategy for their own benefit, eventually spurring the development of regional tripolar FX blocs that could erode the dominance of the US dollar and reshape global markets.