Phillip Securities Thailand has allowed Thai investors to speculate on bitcoin via an international global derivatives trading service, while Thailand’s market regulators are in consensus that the move is legitimate. Such service offers bitcoin futures trading on the Chicago Board Options Exchange (CBOE) and the Chicago Mercantile Exchange (CME). Bitcoin futures kicked off in two […]
Read MoreWhen lead characters in a Chinese kung fu movie drink wine from the same cup, they are considered sworn brothers. They will fight and die together. Will all six riparian countries of the Lancang, or Mekong (Lan-Mei), share the same spirit of camaraderie as they all live on this magnificent river? There may be ominous […]
Read MoreThe research houses of two Thai banks have painted an upbeat picture for the country’s economic growth in 2018, forecasting its pace will be at least 4%, underpinned by exports, domestic investment and tourism. But they expect private consumption to remain a drag on economic growth this year. Economic Intelligence Center (EIC), a research unit […]
Read MoreThe Bank of Thailand on Friday issued a verbal intervention, saying it is ready to rein in the baht if the currency strengthens so rapidly that the private sector is damaged. The central bank is monitoring the foreign currency market and will act to stem the baht’s rise if the currency gains so quickly that […]
Read MoreIntense competition from global commerce players has forced local e-marketplace operators to adapt for survival. Two local e-marketplaces that have been operating for over a decade are shifting their strategies. Weloveshopping.com is moving its focus from online to offline, and synchronising online channels with True Corporation, while Tarad.com is in discussions with a new strategic […]
Read MoreLeaders of the Lancang-Mekong Cooperation (LMC) countries will hold talks this week in Cambodia aiming to enhance cooperation among the six nations. Prime Minister Thongloun Sisoulith will lead a Lao delegation to the 2nd LMC Leaders’ Meeting in Phnom Penh, the Foreign Ministry said in a press release. The two-day visit to Cambodia from January […]
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