Showing 1 - 10 of 32
Russian central bank holds off rate hike
AFP, Published on 20/12/2024
» MOSCOW - Russia's central bank kept interest rates at 21% on Friday despite surging inflation, a surprise decision that follows criticism from the country's political and business elite over the effects of higher borrowing costs on the economy.
Tourism to gain from central bank cut
Business, Molpasorn Shoowong, Published on 17/10/2024
» Thailand's policy rate cut is expected to benefit the tourism industry, letting business operators invest and upgrade their services to improve competitiveness, while tourist spending could increase.
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.
Russian arrivals start to decline in June
Business, Narumon Kasemsuk, Published on 28/06/2023
» The flow of Russian tourists started to slow before the mutiny in Moscow last weekend, but more long-stay travellers might flock to Thailand if the political tension escalates, according to the Association of Thai Travel Agents (Atta).
Pattaya gets set for Chinese
Business, Molpasorn Shoowong, Published on 03/03/2023
» Pattaya has shrugged off concerns over Chinese businesses, including those using Thai nominees, partly because the tourism market from the mainland is slowly reviving.
Tourism banking on Russia
Business, Molpasorn Shoowong and Narumon Kasemsuk, Published on 06/12/2022
» Before Covid-19, Russian tourists were among the top source markets for the local tourism industry.
Arkhom urges overhaul of crypto laws
Business, Wichit Chantanusorn and Nuntawan Polkuamdee, Published on 08/10/2022
» The law governing investments in digital assets should be reviewed to address grey areas, says Finance Minister Arkhom Termpittayapaisith.
Little impact from weak forex on inbound tourism
Business, Molpasorn Shoowong, Published on 29/09/2022
» The global decline in currencies has not had a significant impact on Thailand's inbound market as the rates were comparable with a weakened baht, while those ready to travel are mostly high-income earners.
Russia fails to pay debt but denies default
AFP, Published on 27/06/2022
» MOSCOW: Russia said Monday that two of its debt payments were blocked from reaching creditors, pushing the country closer to its first foreign default in a century due to sanctions over the Ukraine offensive.
Russia defaults on foreign debt for first time since 1918
Giulia Morpurgo and Libby Cherry of Bloomberg News, Published on 27/06/2022
» NEW YORK: Russia defaulted on its foreign-currency sovereign debt for the first time in a century, the culmination of ever-tougher Western sanctions that shut down payment routes to overseas creditors.