The Bank of Thailand (BoT) is considering promoting the use of stablecoins to pay for goods and services, specifically in some use cases, which will be useful for financial innovation. The central bank has been drafting rules governing the use of digital assets and the regulations are expected to be implemented in the near future. […]
Read MoreThe bilateral trade between Cambodia and Thailand was valued at $7.97 billion last year, a 10.26 percent increase compared to a year before. Figures from Thailand’s Commerce Ministry showed that Cambodia exported $894 million worth of goods to Thailand, a year-on-year decrease of 22.10 percent. The Kingdom imported over $7 billion worth of goods from […]
Read MoreCar exports are expected to increase to 1 million units for the first time in two years as the Federation of Thai Industries (FTI) pins its hopes on the limited impact of Covid-19 and the global semiconductor shortage on the automotive industry. In 2020, when Thailand was first hit by Covid-19, car production for export […]
Read MoreRecovery of the exhibitions industry faces a delay as international Mice (meetings, incentives, conventions and exhibitions) events have been postponed until the second half of this year. Even though the country’s reopening via Test & Go will resume in February, international exhibitions will not see a quick turnaround as organisers need at least six months […]
Read MoreThe cabinet on Monday greenlighted a proposal to include chickens and chicken meat on the state price control list and tougher measures for chicken raisers, slaughterhouses and feed meal factories. Deputy government spokeswoman Rachada Dhnadirek said the inclusion of chickens and chicken meat, which are considered significant protein for the overall consumers, on the state […]
Read MoreThe business sector has hailed the government’s fresh spending stimulus measures but says the cash handout under the fourth phase of the “Khon La Khrueng” co-payment subsidy scheme sounds lower than expected. The private sector is also asking for additional stimulus packages to boost consumers’ spending power. FEWER THAN EXPECTED Sanan Angubolkul, chairman of the […]
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Thailand
