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GENERAL

Luxury goods firms fight fakes with blockchain

Published on 30/08/2023

» LONDON: For almost a decade, I’ve been listening to digital prophets predict a future where banks save billions of dollars, customers can trace their mangoes back to the organic farm where they were grown, and financial intermediaries are a thing of the past, all thanks to the blockchain. I’ve been waiting for that future to arrive, but I’ve never come across it in my daily life.

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Economist airs unease over B10,000 digital handout

Business, Nuntawun Polkuamdee, Published on 30/08/2023

» Economists have voiced concern over the Pheu Thai Party's planned 10,000-baht digital handout policy, predicting it could affect the value of the baht and deteriorate monetary and fiscal discipline.

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OIC, industry promote digital approach

Business, Nuntawun Polkuamdee, Published on 17/08/2023

» The insurance and assurance industry, in collaboration with the Office of the Insurance Commission (OIC), is promoting digital technology to reduce business risk and improve sustainability.

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Russia tests digital ruble in bid to bypass sanctions

AFP, Published on 16/08/2023

» MOSCOW: Russia began testing its new digital ruble with consumers on Tuesday, in the hope blockchain technology will help it evade sanctions and tighten control over its citizens.

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Banking on the mainland

Business, Post Reporters, Published on 07/08/2023

» When China announced the country's surprise reopening in January, every business sector in Thailand responded enthusiastically to the news, particularly the tourism industry, which earned more than 530 billion baht from Chinese visitors in 2019.

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Kuma preps factory to support growth

Business, Pitsinee Jitpleecheep, Published on 02/08/2023

» Kuma (Thailand) Co, the marketer and manufacturer of Kuma tissue paper, is conducting a feasibility study to set up its own factory over the next five years to support future expansion.

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Betagro puts focus on premium products

Business, Phusadee Arunmas, Published on 26/07/2023

» Betagro Group, one of Thailand's biggest agro-industrial and food companies, vows to continue its focus on super-premium food products in a bid to capitalise on the rapidly expanding trend within this segment.

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What carbon tariffs mean for Thailand

Business, Published on 26/07/2023

» In about two months, exporters will see the enforcement of the European Union's (EU) Carbon Border Adjustment Mechanism (CBAM) during a transitional period. Perceived by entrepreneurs as a new non-tariff barrier, the CBAM is aimed at combatting global warming. A similar tool to help reduce carbon dioxide emissions is also planned by the US.

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Crisis influencing key decisions

Business, Published on 25/07/2023

» New global research commissioned by HP reveals how climate change is affecting families, with parents taking serious actions, from everyday decisions to long-term family planning.

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BoT calls for stable policies

Business, Somruedi Banchongduang, Published on 20/07/2023

» Public confidence is more important than the new face of the upcoming coalition government and the new prime minister, while policy normalisation and the stability of fiscal and monetary policies are still required from the new government rather than economic stimulus, according to the governor of the Bank of Thailand.