Showing 1 - 10 of 11
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.
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.
Bangkok Airways rolls out first airport REIT
Business, Janine Phakdeetham, Published on 20/07/2022
» Bangkok Airways has announced the launch of Thailand's first airport real estate investment trust (BAREIT), which it is promoting with an estimated 8.46% first-year yield.
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.
Why the Oil Fuel Fund is overburdened
Business, Janine Phakdeetham, Published on 29/06/2022
» The Energy Ministry an-nounced that the mounting debt of the state Oil Fuel Fund exceeded 100 billion baht as of yesterday. While a recent nudge from Kla Party leader Korn Chatikavanij, a former finance minister, shed more light on pressing issues surrounding energy and resulting in the government requesting cooperation from oil refineries to channel their profits into the fund, no subsidies for the prices of fuel requested from six Thai refiners have been finalised yet.
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.
Economic outlook turns dour as committee meets
Business, Janine Phakdeetham, Published on 30/03/2022
» All eyes are on the Bank of Thailand as rising inflation, spiking energy prices, a weakened baht and the impact of the war in Ukraine could all combine to influence a revision of key economic figures, especially GDP growth and interest rates, at the central bank's rate-setting committee meeting on Wednesday.
How will the war in Ukraine affect Thailand?
Business, Janine Phakdeetham, Published on 02/03/2022
» Russia's invasion of Ukraine on Feb 24 marks a major conflict that sent shockwaves through global stock and commodities markets. The action could affect tourism around the world, including in Thailand, which is still struggling to recover economically from the pandemic stress.
World Bank urges 'deep digitalisation'
News, Janine Phakdeetham, Published on 16/12/2021
» Deep digitalisation and transformation are the keys to speeding up Thailand's recovery from the pandemic, says the World Bank.