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Tag: Thailand

Posted on November 3, 2023

Thai stocks spike after Fed maintains rates again

The Stock Exchange of Thailand (SET) index rebounded strongly on Thursday … but commented that recent increases in bond yields have led to higher US financial stress. The statement suggested that …
Posted on November 3, 2023

Thai deposits fall for first time in a decade

Depositors at member financial institutions under the deposit protection law … He said the interest rate gap between the US (more than 5%) and Thailand (2%) has led some depositors to withdraw their …
Posted on November 3, 2023

Thai deposits fall for first time in a decade

Depositors at member financial institutions under the deposit protection law … He said the interest rate gap between the US (more than 5%) and Thailand (2%) has led some depositors to withdraw their …
Posted on November 3, 2023

Thai workers face dilemma: Stay and endure war, or flee but lose vital wages

Thai laborers left Israel after 23 were kidnapped to Gaza, 32 killed in October 7 massacre; others stay to keep earning salary 8 times higher than in Thailand …
Posted on November 2, 2023

Toyota to test new electric pickup as it looks to fend off BYD’s surge in Thailand

As Chinese automakers like BYD steal Toyota’s limelight in Thailand, the automaker is planning a counter-offensive. Toyota is set to test a new electric pickup to fend off the incoming competition. Toyota unveiled its first electric pickup, the HiLux BEV …
Posted on November 2, 2023

Thai workers caught up in Hamas attack faced with the dilemma of whether to flee or stay in Israel

But the salary he makes — more than eight times what he’d earn in Thailand — and knowing he can send the bulk of it home to support his wife and four children and pay off loans he took to finance the …
Posted on November 2, 2023

Funding Societies raises over THB 250 Million from Norfund, bringing financial inclusion for SMEs in Thailand and ASEAN

Funding Societies | Modalku, the largest unified SME (small and medium enterprises) digital finance platform in Southeast Asia, today announced that it has raised over THB 250 Million (US$7.5 million) …
Posted on November 2, 2023

Thai workers caught up in Hamas attack faced with the dilemma of whether to flee or stay in Israel

But the salary he makes — more than eight times what he’d earn in Thailand — and knowing he can send the bulk of it home to support his wife and four children and pay off loans he took to finance the …
Posted on November 2, 2023

Learning from Japan: The Thai-Angolan Economic Prospect

Recent economic advancements between Japan and Thailand suggest a burgeoning era of strengthened economic ties and mutual cooperation. While these moves are commendable, for Thailand, there’s an …
Posted on November 2, 2023

Hong Kong and Thailand to allow cross-border use of FPS and PromptPay digital payment systems from December

Digital payment systems developed by Hong Kong and Thailand will be ready for use in the two jurisdictions from early next month, eliminating the hassle for travellers wanting to exchange currencies.

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