The Finance Ministry has authorised operating licences for four digital asset businesses and denied licences for two businesses seeking to become authorised exchanges. The three businesses approved as authorised digital asset exchanges are Bitcoin Co (bx.in.th), Bitkub Online Co Ltd (bitkub.com) and Satang Corporation Co Ltd (satang.pro), while Coins TH Co Ltd (coins.co.th) has been approved […]
Read MoreMANILA, Philippines — Money supply growth slightly accelerated in November 2018, driven by the growing demand for credit, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. Preliminary data from the BSP showed that domestic liquidity, also known as M3, grew by 8.4 percent to P11.25 trillion in November 2018 from the P10.38 trillion recorded in […]
Read MoreThe government is in talks with private companies that have expressed interest in constructing solar panels for houses and other buildings, as the government does not allocate funds for such projects. The cost to install a solar panel is estimated at Rp 27 million (US$1907) per unit for one that produces between 1.6 and 1.7 kilowatt (kW) […]
Read MoreVenture capital and private equity investment in Southeast Asia have soared to record levels as scores of new investors pour into the region. In 2017, the number of recorded venture capital deals rose to 524, four times the level of 2012, and private equity deal value rose 75% to UScopy5 billion. Technology companies attracted the bulk […]
Read MoreDiscouraged by the drop in exports in both October and November, an exporter group acknowledged Tuesday that the country’s overall exports in 2018 were unlikely to achieve 8% growth as earlier forecast. Ghanyapad Tantipipatpong, chairwoman of the Thai National Shippers’ Council (TNSC), said shipments were likely to end the year at 7-7.3% growth in 2018. She forecast […]
Read MoreThe government has allowed the Thai-Chinese high-speed railway planned from Bangkok to Nong Khai to secure funding from overseas financial institutions, instead of from only domestic ones as earlier stipulated. Nathporn Chatusripitak, an adviser to the Prime Minister’s Office Minister, said the cabinet yesterday approved a proposal from the Finance Ministry to allow the ministry to borrow […]
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Thailand
