The number of cryptocurrency trading accounts grew 27.6% month-on-month, vastly outpacing a 2.9% monthly increase in new stock trading accounts, as investors seek assets with higher returns to offset low deposit account interest rates, Kasikorn Research Center said. There are currently a total of 1,379,373 cryptocurrency trading accounts in the Thai market, less than half […]
Read MoreThe baht opened at 32.74 to the US dollar on Thursday, strengthening from Tuesday’s closing rate of 32.78. The Thai currency is likely to move between 32.65 and 32.80 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said investors were awaiting results of a key European Central Bank meeting today as the […]
Read MoreIndustries sentiment declined for a fifth straight month in August to 16-month low, hurt by tougher restrictions to contain the country’s biggest coronavirus outbreak and infections at factories, the Federation of Thai Industries (FTI) said on Wednesday. The measures were imposed in July in 13 provinces including Bangkok before being extended into August and expanded […]
Read MoreAmid tepid tourist demand, 52% of hotel operators are considering closing temporarily, while 9% want to shut down permanently if the Covid-19 pandemic lasts longer than expected. A joint survey by the Bank of Thailand and Thai Hotels Association (THA) found that 62% of hotel operators planned to reduce labour costs in order to deal with […]
Read MoreOrganisations need to bolster their online defences as rising numbers of cyberattacks against the public and private sectors indicate that data leaks and digital threats will become ever more commonplace in the years to come, according to cybersecurity authorities. At least 200 pieces of critical information infrastructure in seven sectors urgently need to adopt measures […]
Read MoreFive business trends are having an impact on global manufacturing in 2021, driving disruption and also widening opportunities for manufacturers, according to the research firm Gartner Inc. “The first response to the global pandemic for many manufacturers was to go digital in their operations as fast as possible,” said Michelle Duerst, research vice-president at Gartner. […]
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