Thailand ranked second for Chinese travellers making payments through the Alipay platform during their holidays overseas, the e-wallet company of Ant Financial Service Group has reported. Alipay, an affiliate of Alibaba, revealed Hong Kong, Thailand and South Korea were the top three markets for overseas transactions in July and August. The other markets in the top […]
Read MoreRising food and energy costs boosted inflation to 1.6% in August, the highest in almost four years, adding to the case for the Bank of Thailand to deliver its first rate hike since 2011. The policy rate of 1.5% is now below inflation, making the economy only the second one in Southeast Asia, alongside the […]
Read MoreInflation rose by 1.62 per cent in August compared with the same month last year and 1.46 per cent over July, the Commerce Ministry reported on Monday. It was at its highest level in 14 months. The ministry attributed the latest rise to increases in the prices of fresh food products of 0.31 per cent […]
Read MoreDHL eCommerce, an online logistics solution provider, is continuing its local investment in human resource, services and network in a push to be the company of choice among customers, said Kiattichai Pitpreecha, managing director of DHL eCommerce/Southeast Asia. A division of Deutsche Post DHL Group (DPDHL Group), DHL eCommerce focuses on providing e-commerce logistics solutions. […]
Read MoreTHE DIGITAL Economy and Society ministry (DE ministry) will submit four draft digital laws for Cabinet’s approval this month as a first step towards an official government announcement in the second half of next year. The government will also set up two new agencies in support of a digital society. Moreover, the Electronic Transactions Development […]
Read MoreTHE MONEY laundering watchdog is considering creating its own digital wallet to tackle cybercrime related to cryptocurrencies, an Anti-Money Laundering Office (AMLO) official said at a Bangkok seminar last week. “We have discussed launching our own ‘AMLO Wallet’ to hold or confiscate digital currency from illegal sources,” Witthaya Neetitham, secretary of AMLO, at a seminar […]
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