Economy and commerce

The Libra project has shaken the global financial scene since Facebook, with a group of founding members, announced the proposed cryptocurrency last month. The plan to launch a new currency next year is ambitious and controversial, as Libra is scrutinized by central banks around the ...

The Bank of Thailand’s moves to counter hot-money inflows that have pushed the baht to a six-year high and the central bank’s vow to impose more measures if such speculative flows linger rattled the local currency and the stock market on Friday. Observers note that ...

 In a joint statement, three leading business associations slashed their 2019 economic growth and export forecasts for Thailand as the Thai Baht continues it strength.The Federation of Thai Industries, the Thai Bankers’ Association and the Board of Trade of Thailand slashed their growth estimate to ...

Financial technology is the key enabler for the next era of banking and financial services in Thailand, a seminar heard on Monday.Fintech would enable the 40 per cent of unbanked or underserved Thais to get access to formal financial and banking services, according to panellists ...

The Department of Foreign Trade (DFT), Ministry of Commerce, is organizing a Thai-Myanmar Border Trade Fair in Tak.Keep reading ...

Exporters are estimated to lose as much as 500 billion baht worth of income from the strong baht this year, with small-scale entrepreneurs hit the hardest.According to Visit Limlurcha, vice-chairman of the Thai National Shippers’ Council, exporters have lost about 200 billion baht worth of ...

The new government will be asked to extend the Board of Investment’s promotional investment packages for the flagship Eastern Economic Corridor (EEC) scheme for another year.Kanit Sangsubhan, secretary-general of the EEC Office, said the office will submit a proposal to extend the privilege packages, which ...

Trying to find a few good numbers amid the bad we thought we’d look forward three years to some of the world’s major currencies and their projected performance against the Thai Baht. Of course, these are just predictions, according to longforecast.comKeep reading ...

Capital market regulators and the Investment Analysts Association (IAA) are working together to produce securities research to enhance investment information, aiming to cover about 100 fundamental securities for small and mid-sized listed companies within three years.Keep reading ...

The Bank of Thailand (BOT) is expected to maintain its policy interest rate at 1.75 per cent until at least the end of 2019, according to TMB Analytics.The next meeting of the country’s Monetary Policy Committee will be on June 26, 2019.  Many central banks ...