Thailand is expected to become Asean’s low-carbon leader, driven by a digitalisation journey through the support of the country’s innovation infrastructure, according to global tech giant Huawei Technologies. To drive the so-called low-carbon digital Thailand approach, Huawei indicated that the country requires enrichment of 5G adoption for ubiquitous connectivity, building cloud-based digital platforms, accelerating a […]
Read MoreThe Securities and Exchange Commission (SEC) has warned investors against investing in Somdejcoin (SDC), a decentralised finance token, saying the investment data regarding the coin is still unclear in many respects. The SEC issued a statement on Wednesday raising suspicions about SDC, a coin named after a monk who is revered by many Buddhists. The coin […]
Read MoreThe baht opened at 32.63 to the US dollar on Thursday, strengthening from Wednesday’s closing of 32.73. The Thai currency is likely to move between 32.55 and 32.70 to the greenback during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht might strengthen by a weakening dollar and gold sell-offs […]
Read MoreThailands herd immunity can be reached with 100 million vaccines administered by the end of 2021 and forecasts economic recovery with 1.1 million more international tourists in Q1/2022, according to the Thammasat University Research and Consultancy Institute (TU-RAC)s research. Asst Prof Suthikorn Kingkaew, a research project manager at Thammasat University Research and Consultancy Institute (TU-RAC), […]
Read MoreThailand’s digital content industry is expected to reach 49.6 billion baht in market value this year, up 26% year-on-year, buoyed crucially by strong growth in the gaming segment, according to the Digital Economy Promotion Agency (Depa). The figure is projected to surge to 72.7 billion baht in 2023. The forecast was revealed at Depa’s news […]
Read MoreOverall consumer spending during Loy Krathong is likely to remain sluggish this year because people remain concerned about the reoccurrence of Covid-19 outbreaks and relatively poor economic conditions. The latest survey by the University of the Thai Chamber of Commerce (UTCC) revealed that spending during the annual full-moon celebration, which this year falls on Friday, […]
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