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Thailand: BoT readies digital currency payment system

The Bank of Thailand has announced a project to develop a prototype payment system for businesses using the Central Bank Digital Currency (CBDC), which will build upon knowledge from Project Inthanon. The project’s scope will include conducting a feasibility study and developing a process to integrate CBDC with companies’ payment platforms, the central bank said […]

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Thailand: Lazada predicts 35% rise in 2020 market

Thailand’s e-commerce market is expected to surge 35% to 220 billion baht in value this year thanks to the online shopping trend, accelerated by months of lockdown, says e-commerce platform Lazada. Lazada Thailand said during the lockdown from March to May, the number of new sellers joining its platform grew more than 75% and millions […]

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