After months of market volatility and sliding prices, the digital asset landscape in Thailand is poised for intense competition, with new players lining up to enter the sector amid a tightening regulatory environment. The global cryptocurrency market is expected to remain stagnant for the next 6-12 months as US interest rate policy and cuts to balance […]
Read MoreWhat are good investments in a period of high inflation? Inflation is a concern for many investors, with the continuing Russia-Ukraine war spiking energy prices considerably this year, driving global inflation to skyrocket. The Commerce Ministry revised Thailand’s 2022 headline inflation forecast to 5.5-6.5%. In June, inflation rose to nearly a 14-year high of 7.66%, driven […]
Read MoreThe baht opened at 36.72 to the US dollar on Monday, strengthening from Friday’s close of 36.74. The Thai currency will likely move between 36.65 and 36.85 against the greenback during the day and between 36.35 and 36.95 during the week, Krungthai market strategist Poon Panichpibool predicted. He added that the baht might fluctuate and […]
Read MoreThailand is one of the most exciting and fastest-growing retail markets in Southeast Asia, having been an early adopter of new trends driven by digital-first consumers, which has contributed to rapid growth of e-commerce in recent years. The mobile commerce market, led by mobile applications, is expected to grow at a compound annual growth rate of […]
Read MoreThai food exports are projected to grow by 10% this year, the highest level in a decade, after robust growth of 30% in the first half of this year. The gains are driven by the economic recovery and the resumption of business activities after the easing of Covid-19 restrictions, as well as mounting concerns over food […]
Read MoreState enterprise Thailand Post has joined hands with food delivery platform Robinhood, utilising postal workers to assist the Thailand-based app in delivering food from eateries in Bangkok’s inner-city areas during rush hours. The Thailand Post workers are expected to support Robinhood in the delivery of food items from eateries located in the Bang Rak, Yannawa and […]
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