Phuket Considered for Cryptocurrency Sandbox
In a welcomed move for cryptocurrency advocates, former Prime Minister Thaksin Shinawatra recently proposed utilizing Phuket province as a Bitcoin sandbox aimed at boosting tourism by encouraging digital currency spending…
Bank of Thailand Cracks Down on Mule Accounts
The Bank of Thailand is tightening regulations on financial transactions to combat mule accounts and plans to implement stricter measures for digital assets and e-wallets in the upcoming phase. Roong…
Pichai Endorses Decree for Rapid SEC Penalties
Finance Minister Pichai Chunhavajira has pledged to advocate for an emergency decree that would enhance the Securities and Exchange Commission’s (SEC) authority to penalize offenders swiftly. During his keynote address…
Thai Data Protection Agency Identifies 11 Apps as Suspicious
The Personal Data Protection Committee (PDPC) has sent a list of 11 suspicious mobile applications found on the Google Play Store to the Bank of Thailand for investigation into their…
TikTok Plans to Invest $3.8 Billion in Data Center in Thailand
TikTok plans to invest 127 billion baht ($3.8 billion) in Thailand to establish a data hosting service, as announced by the Board of Investment (BoI) on Wednesday. The new data…
Gold Prices May Reach New High Soon
Gold prices are likely to hit a new record high soon, driven by a weakening US dollar and increased gold purchases by China for its reserves, according to Bualuang Securities…
IMPORTANT: Warnings Issued About 22 Fraudulent Websites
Thai cyber police have issued a warning to the public about 22 hazardous websites, cautioning that clicking on them could lead to personal information theft. Scammers frequently develop counterfeit websites…
PTT Report Predicts Decline in Oil Prices
The global energy market is anticipated to experience a decline in prices following newly inaugurated US President Donald Trump’s plans to boost domestic oil and gas production, as indicated in…
Fed and BoT Anticipated to Keep Interest Rates Steady
Economists predict that both the US Federal Reserve (Fed) and the Bank of Thailand (BoT) will keep interest rates steady during their first meetings of 2025, despite recent calls from…
Business registrations expected to increase by as much as 4%
The Department of Business Development (DBD) projects an increase in new registered businesses by 2-4%, reaching between 90,000 and 95,000 this year, with lifestyle, innovation, and business management identified as…