A new tourism ecosystem targeting global cryptocurrency holders could provide a huge boost to national GDP if the Tourism Authority of Thailand (TAT) shifted away from traditional marketing to attract new nano entrepreneurs. Bitkub founder and chief executive Jirayut Srupsrisopa said that while Thailand’s GDP was around US$500 billion, the cryptocurrency market is worth over […]
Read MoreThe baht opened at 33.14 to the US dollar on Wednesday, weakening from Tuesday’s closing rate of 33.11. The Thai currency is likely to move between 33.00 and 33.20 to the greenback during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht might fluctuate as foreign investors decreased their possession […]
Read MoreMANILA, Philippines — The country’s hog inventory remained on a downward trend at the start of October as production further declined in the third quarter, data from the Philippine Statistics Authority (PSA) showed. The PSA reported that the country’s swine inventory stood at 9.87 million heads as of Oct. 1, down by 12.4 percent from […]
Read MoreThailand’s labour market has been severely affected by the strict measures to control the spread of Covid-19, with the unemployment rate jumping to 2.25% in the third quarter from 1.89% in the previous three months, while household debt continued to grow. The government’s planning unit, the National Economic and Social Development Council (NESDC), reported yesterday […]
Read MoreCambodia’s economy will recover from last year’s 3.1 percent contraction, according to the ASEAN+3 Macroeconomic Research Office (AMRO), after a successful vaccination campaign allowed factories to reopen and easing supply-chain bottlenecks helped increase exports. “Recovery from the pandemic is expected to gradually gain momentum in 2021, notwithstanding a recent spike in global infections,” AMRO said. […]
Read MoreThe increase in price of fuels and input materials of many products has occurred in 2021. Notably, the price fever of many commodities has not shown any signs of “cooling down”. The shocking price increase in a short time has pushed up production costs. Meanwhile, goods consumption also faces many difficulties due to the Covid-19 […]
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