Showing 1 - 7 of 7
Crypto glitches prompt industry rethink
Business, Janine Phakdeetham, Published on 31/08/2022
» With the recent news of the SCB X-Bitkub deal falling apart and the Zipmex incident, investors in Thailand's digital currency market are facing a negative outlook. The Bangkok Post provides a recap of these events and gathers the views of investment analysts on the lessons learned and where things are heading going forward.
Parsing the minimum wage hike debate
Business, Janine Phakdeetham, Published on 24/08/2022
» As Thai workers feel the pinch of soaring living expenses, the government has announced plans to raise the daily minimum wage by October to help alleviate the burden. However, some analysts argue the key to raising the quality of the Thai workforce lies in productivity.
Explainer: The lowdown on the Zipmex situation
Business, Janine Phakdeetham, Published on 27/07/2022
» Analysts have commented on the implications on investor confidence and markets following Thailand's major digital asset exchange platform Zipmex's announcement of a memorandum of understanding (MoU) with interested parties.
Explainer: Exploring the land scheme for foreigners
Business, Janine Phakdeetham, Published on 20/07/2022
» The government's latest bid to attract affluent foreigners involves offering the ability to purchase land for residential use in the country. While this proposal is intended to reinvigorate the economy, many analysts are urging caution.
Baht in spotlight after hitting 7-year low
Business, Janine Phakdeetham, Published on 13/07/2022
» The currency of Southeast Asia's second-largest economy hit a seven-year low of 36.35 baht against the greenback last week. Nonetheless, analysts feel upbeat about the baht's future in the second half of this year.
Explainer: What does Chadchart Sittipunt want?
Business, Janine Phakdeetham, Published on 25/05/2022
» Following the first election in nine years, Bangkok welcomes 56-year-old Chadchart Sittipunt as its newest governor with a record-breaking landslide victory of 1.4 million votes.
Explainer: Should we be concerned about the baht?
Business, Janine Phakdeetham, Published on 11/05/2022
» Thailand started off this week with the baht weakening to a five-year low of 34.62 against the greenback. While in line with other Asean currencies that have softened against the US dollar, the performance is worth monitoring because it serves as an indicator in the country's recovery.