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Search Result for “currency”

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WORLD

Iran detains 18 crew members of foreign tanker seized in Gulf of Oman

Reuters, Published on 13/12/2025

» TEHRAN — Iranian authorities detained 18 crew members of a foreign tanker seized in the Gulf of Oman on Friday that they said was carrying 6 million litres of smuggled fuel, Iranian media reported on Saturday, citing the Hormozgan province judiciary.

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OPINION

Is a return to gold standard possible?

Oped, Chartchai Parasuk, Published on 11/12/2025

» We are now in the middle of the holiday season. Therefore, I will refrain from writing about heavy and depressing issues like the Thai economy and the outlook for 2026 and beyond. In this moment of joy, I will write about the possibility of returning to the gold standard, which some supporters say can be seen in central banks aggressively buying gold bullion to replace the dubious US dollar. The last article of the year will be about the Sovereign Wealth Fund (SWF).

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LEARNING

QR stickers guided drug buyers through a 'treasure hunt'

Published on 10/12/2025

» Two Russian men have been arrested for allegedly selling drugs using QR code stickers posted throughout Bangkok that used AI technology to make the process a “treasure hunting game”.

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THAILAND

Lamppost QR stickers guided drug buyers through a 'treasure chase'

Wassayos Ngamkham, Published on 10/12/2025

» Two Russian men have been arrested for allegedly selling drugs using  QR code stickers posted throughout Bangkok that used AI technology to make the process a ‘treasure chasing game".

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BUSINESS

World Bank sees Myanmar’s economy shrinking on conflict, quake

Published on 09/12/2025

» Myanmar’s economy will contract this year amid civil war and ongoing drag from a March earthquake, according to the World Bank, which sees growth also constrained by weak domestic demand, labour shortages and frequent power outages.

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THAILAND

Uganda Opens Gateway for Thai Investment into Africa 

Published on 08/12/2025

» To introduce Uganda as a promising new investment destination in Africa for Thai investors, the Uganda High Commission in Kuala Lumpur, accredited to the Kingdom of Thailand, hosted “The Pearl of Africa – Uganda Business Forum & Expo 2025 – Thailand Chapter” on 26 November 2025. 

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BUSINESS

Dumping cash for cards

Business, Nuntawun Polkuamdee, Published on 08/12/2025

» International travel has been transformed more in the past decade than in the previous 50 years. Flights are booked instantly, hotels auto-recommend themselves, and in many major cities, cash has vanished almost entirely.

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BUSINESS

Bank of Thailand aims to halt rapid baht uptick

Business, Nareerat Wiriyapong, Published on 05/12/2025

» The Bank of Thailand’s proposed tax reforms, tightening of gold oversight, and an anticipated interest rate cut could ease upward pressure on the baht, which has appreciated nearly 7% year-to-date to trade at stronger than 32 baht to the US dollar, according to pundits.

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BUSINESS

Gold traders must report daily trades

Business, Somruedi Banchongduang, Published on 05/12/2025

» The Bank of Thailand is requiring gold traders to report daily transactions across both physical and digital channels.

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BUSINESS

Supply concerns push Thai rice prices to 4-month peak

Reuters, Published on 04/12/2025

» Thailand's rice prices climbed to a multi-month high this week on supply concerns over flooding in the south, while both Indian and Vietnamese rates slipped to near one-month lows.