Seamless QR Payment Experience for Travelers between China and Thailand
Credit: Stock Photo Chinese tourists visiting Thailand can now enjoy easier, seamless payments through expanded QR code interoperability, enabled by cross-border cooperation between UnionPay and Thai payment networks. Powered by…
BoT Plans to Mitigate Baht Pressure
The Bank of Thailand has suggested that the Finance Ministry raise the cap on foreign income repatriation to help ease pressure on the baht. Amid increased fluctuations in the baht-USD…
Trends in Private Credit: Growth or Decline in Thailand
Photo Credit: 123RF Private credit has grown into a $2.3 trillion global industry, filling financing gaps left by stricter bank lending post-2008 and during COVID-19. It involves lending by investment…
Thai Bond Demand Declines Due to Concerns Over Downgrade Risks
Thailand’s auction of 30-year bonds on Wednesday experienced the weakest demand in at least six years amid concerns over a potential sovereign rating downgrade and uncertainty about future interest rate…
Binance Division Predicts Bitcoin Could Reach $120,000
Photo Credit: Binance TH Binance’s Thai unit predicts Bitcoin could reach $120,000 by the first quarter of 2026, supported by ongoing regulatory improvements, increased acceptance from institutional and mainstream investors,…
VAT Increase Alone Will Not Reduce the Budget Deficit
This article does not criticize Finance Minister Ekniti Nitithanprapas’s Medium-Term Fiscal Framework (MTFF) for FY2026-FY2030 but highlights Thailand’s fragile fiscal position, which requires multiple revenue measures. Although the MTFF includes…
The Edge: AI and Security Transforming the $132B CDN Industry
The global Content Delivery Network (CDN) market is experiencing rapid growth, projected to soar from $25.56 billion in 2024 to $132.32 billion by 2032 at a 23.3% CAGR. This transformation…
Mule Bank Account Crackdown Initiated
Photo Credit: Bangkok Post The Department of Business Development (DBD) has introduced five new measures aimed at cracking down on the use of nominee accounts in mule operations. Poonpong Naiyanapakorn,…
Uncertainty Over Interest Rates Hits Asian Markets
Asian shares fell on Friday amid uncertainty over US interest rates, with investors selling risk assets despite Nvidia’s strong earnings. The Thai stock market declined 2.14% to its lowest since…
Bank of Thailand Governor Calls for a Weaker Baht
Bank of Thailand Governor Vitai Ratanakorn stated on Saturday that a weaker baht would be advantageous for the country’s economy and indicated that there is potential to lower interest rates…