Vietnam has launched a project to repair and expand roads connecting its central region to the neighboring countries of Laos, Cambodia, and Thailand. Viet Nam News reports that the project is expected to cost USD 76 million and it will upgrade roads in the central province of Quảng Nam and the Central Highlands of Vietnam that connect […]
Read MoreThe baht on Monday surged against a significant fall in the US dollar mainly due to the sudden collapse of Silicon Valley Bank (SVB) and the market’s expectation that the US Federal Reserve (Fed) would slow down its policy rate hikes. On Monday, the baht opened at 34.65 per dollar, after closing at 35.02 last week. […]
Read MoreThe Finance Ministry is closely monitoring the collapse of Silicon Valley Bank (SVB) to see if it has any impact on Thailand, says Finance Minister Arkhom Termpittayapaisith. He added that he was also waiting for information from the Bank of Thailand on the matter. Due to concern that the collapse could spread contagion worldwide, Mr […]
Read MoreThe collapse of Silvergate Bank and Silicon Valley Bank in the United States is unlikely to have any impact on Thailand because Thai banks do not invest in them, according to a government spokeswoman. Traisuree Taisaranakul, deputy government spokeswoman, said on Monday that the collapse of the two banks in the US last week caused fluctuations worldwide […]
Read MoreIn an uncertain world, people become anxious or worried for various reasons, including emerging diseases and epidemics, high living costs, war and job instability. Adjusting personal behaviour or business strategy seems an inadequate response for some people, leading to superstition playing a prominent role in the lives of Thai Buddhists. In the wake of the […]
Read MoreState-owned and commercial banks have agreed to comply with the Bank of Thailand’s new cybersecurity measures by the June deadline. Commercial bank members of the Thai Bankers’ Association (TBA) have been upgrading their digital technology to handle cyber-risks. The association has committed to compliance with the new measures, TBA chairman Payong Srivanich said at a media […]
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