50:50 campaign reaches 100 billion baht transaction milestone

50:50 campaign reaches 100 billion baht transaction milestone

50:50 campaign reaches 100 billion baht transaction milestone BANGKOK (NNT) – The total value of transactions in the government’s 50:50 co-pay campaign has reached 100 million baht. Campaign participants now have until 31 March to use up all their remaining allowance. The Ministry of Finance revealed the government’s 50:50 co-pay campaign for general purchases has…

World Bank supports continued government economic stimulus

World Bank supports continued government economic stimulus

World Bank supports continued government economic stimulus BANGKOK (NNT) – The World Bank has encouraged the Thai government to continue its economic stimulus measures with a focus on businesses directly impacted by the COVID-19 pandemic such as those in the tourism sector. Senior country economist of the World Bank for Thailand Kiatipong Ariyapruchya has noted…

Chatuchak Market to open weekdays

Chatuchak Market to open weekdays BANGKOK (NNT) – Vendors at Chatuchak Weekend Market in Bangkok will be allowed to sell there on weekdays as well, as part of City Hall’s latest measure to help vendors affected by economic fallout caused by the pandemic. The Bangkok Metropolitan Administration’s (BMA) market office has given a green light…

Commart projecting brisk business

Commart projecting brisk business New computer technology and flourishing demand for devices to support online work and study amid a supply shortage are expected to drive sales at the IT fair Commart throughout this coming weekend, according to IT vendors. “We believe consumer sentiment has returned following the vaccine rollout, coupled with the government’s financial…

Thailand set to be 'key logistics hub'

Thailand set to be ‘key logistics hub’

Thailand set to be ‘key logistics hub’ Thailand has the potential to become a key logistics hub in the Greater Mekong Subregion (GMS) through its Eastern Economic Corridor (EEC), a forum was told. “When we work together to fulfill the potential of the EEC, Thailand and the GMS can become a powerhouse across the world,”…

Ministry sets up panel devoted to BCG economy

Ministry sets up panel devoted to BCG economy

Ministry sets up panel devoted to BCG economy The Industry Ministry has set up a new committee on bio-, circular and green (BCG) economy to step up efforts at putting Thailand on a path toward economic sustainability. The establishment came after the government declared the BCG economic model as a national agenda, hoping it will…

Thailand records higher exports of US$20.22 bln in February

Thailand records higher exports of US$20.22 bln in February BANGKOK, March 25 — Thailand’s international trade has improved in line with the gradual recovery of the global economy, with its export value rising month-on-month to above US$20 billion (AS$1=RM4.12) in February. However, year-on-year (y-o-y), exports fell 2.59 per cent to US$20.22 billion (US$1=RM4.14), the Ministry of Commerce said. …

Thai central bank revises down 2021 growth to 3.0%

Thai central bank revises down 2021 growth to 3.0% Bank maintains policy rate but provides new $11 billion aid to business Bangkok — The Bank of Thailand revised down its 2021 growth forecast, as the resurgence of COVID-19 in Southeast Asia’s second largest economy over the last few months had led to the closure of…

Are emerging markets missing out on DeFi due to gas fees?

Are emerging markets missing out on DeFi due to gas fees? Developed economies dominate the traffic rankings for the top DeFi protocols by TVL, with the U.S. and U.K. topping the charts. Despite grand visions of enabling farmers in Vietnam access to the world of global finance via Decentralized Finance, emerging markets could represent as…