Showing 41 - 50 of 4,219
Trump tariffs on Thailand return to original rate; SET Index nosedives
Online Reporters, Published on 04/04/2025
» The US administration has readjusted tariff rates on Thailand back to the original figure, as fears of a trade war caused Thai shares to decline on Friday.
Baht expected to skim 34.50 per dollar
Business, Somruedi Banchongduang, Published on 04/04/2025
» The baht is expected to test a low of around 34.50 per US dollar over the next month amid heightened uncertainty following the US announcement of reciprocal tariffs of 37% on Thai imports.
Analysts estimate widespread tariff damage
Business, Nareerat Wiriyapong, Published on 04/04/2025
» Stock market analysts anticipate the US reciprocal tariff, which was higher than market estimates, could reduce Thai GDP by up to 1.2 percentage points, though a severe impact may prompt the Bank of Thailand cut interest rates to revitalise the economy.
Crypto Tap-to-Pay Revolutionises Travel in 2025
Published on 02/04/2025
» Travel has always been exciting, but managing money while exploring different countries used to be a major headache. Converting BTC to USD before trips and then USD back to local currencies was once complicated and time-consuming.
Cabinet approves electricity rate cut
Published on 01/04/2025
» The cabinet on Tuesday approved a proposed reduction in the price of electricity from 4.15 baht per kilowatt hour to 3.99 baht for the billing period May 1 to Aug 31.
More than 50 Thai ESG X funds planned for May unveiling
Nuntawun Polkuamdee, Published on 31/03/2025
» The Association of Investment Management Companies (AIMC) announced the establishment of more than 50 Thai ESG Extra (ESG X) funds from over 20 member companies on May 2, with expectations for new liquidity of more than 20 billion baht flowing to the Thai stock market.
Regional shares sink as trade war worries mount
Business, Published on 29/03/2025
» RECAP: Asian stocks slid yesterday with heavy selling in South Korea and Japan, while safe-haven gold traded at a record high as the latest tariff salvo from US President Donald Trump stoked investor worries of an all-out trade war.
Traders upgrade 2025 gold price forecast
Business, Nareerat Wiriyapong, Published on 28/03/2025
» The Gold Traders Association (GTA) has upgraded its international gold price forecast for 2025 to US$3,400 an ounce from $3,200, adding the domestic price could top 50,000 baht per baht-weight in the second quarter.
Digital Payments in Phuket: Transforming USD to BTC Transactions for Tourists
Published on 24/03/2025
» Tourists visit Phuket because of its stunning beaches, famous nightlife, and active tourism sector. Cryptocurrency adoption continues to rise in Thailand through digital payment adoption, which focuses heavily on the Phuket region. Bitcoin transactions without borders will shift how visitors transact with local vendors, leading to a better decentralised financial environment.
China says it’s prepared for greater shocks as US tariffs loom
Published on 23/03/2025
» Chinese Premier Li Qiang said the country is prepared for “shocks that exceed expectations” as the world braces for US President Donald Trump to announce more tariffs on its trading partners next month.