Siam Commercial Bank (now named SCB X), Thailand’s oldest commercial bank, created a flutter in the markets in November last year when it announced a multibillion deal to buy a majority stake in Bitkub Online Co, Thailand’s largest digital asset exchan…
Read MoreOn August 27th, the value of the Myanmar Kyat (MMK) to the US Dollar (USD) hit a record low at 3,400 MMK/US$1. Similarly, the price of the Baht strengthened against the MMK to a never before seen rate of 100 MMK/?1.The price of gold bullion has also sp…
Read MoreOver the next four months, electricity in Thailand will soar from 4 baht per unit to a record high of 4.72 baht. Authorities blame the hike on rising global fuel prices, but critics argue that the government has a duty to cap utility bills, especially …
Read MoreBANGKOK, Thailand’s unemployment rate dropped to 1.37 percent in the second quarter of 2022, from 1.53 percent in the previous quarter, official data showed yesterday.The rate was the lowest since the COVID-19 pandemic started, fuelled by the continuin…
Read MoreDirector-General of the Department of Internal Trade, Wattanasak Sur-iam, says that Thai President Foods (Mama), Thai Preserved Food (Wai Wai) and Wan Thai Foods Industry (Yum Yum) are allowed to increase their instant noodle pricesby 1 Baht, increasin…
Read MoreMyanmar trade unions and civil society organizations face existential threat following military takeoverTargeted persecution severely limits ability to operate; more flexible and responsive support from international community needed to avoid collapse …
Read Morenion Minister of Ports, Shipping and Waterways, Sarbananda Sonowal on Saturday visited Shahid Beheshti terminal at Chabahar port in Iran to review the progress in the development of the port, Trend reports citing Zee5.In an effort to invigorate the pot…
Read MoreBEIJING, A Shanghai court on Friday sentenced Chinese-Canadian billionaire Xiao Jianhua, not seen in public since 2017, to 13 years in jail and fined his Tomorrow Holdings conglomerate 55.03 billion yuan ($8.1 billion), a record in China.Xiao and Tomor…
Read MoreBAKU, Azerbaijan, Russia is negotiating with Azerbaijan on the use of its MIR payment system, Russian Deputy Foreign Minister Alexander Pankin told reporters, Trend reports via the Russian media.”Russia is negotiating the use of its MIR payment card wi…
Read MoreThe country’s oil meal exports increased 19 per cent to 2,27,247 tonnes in July this year due to rise in shipments of rapeseed meals, according to Solvent Extractors’ Association (SEA) of India. Oil meal exports during July 2021 stood at 1,91,663 tonne…
Read More