Friday, March 1, 2024

Business

SEC ask for revocation of Zipmex digital asset business license

The Securities and Exchange Commission (SEC) has requested the revocation of Zipmex's digital asset business license, citing potential violations of regulations. This means that Zipmex may face business suspension...

NESDC projects 2.7% growth rate for year 2024

The National Economic and Social Development Council (NESDC) predicts a growth rate of 2.7% for the year 2024, excluding the potential impact of the...

Vietnam among top countries for wealth growth in the next decade

Vietnam's strategic location, coupled with its low labor costs and export-supporting infrastructure, is attracting multinational technology, automotive, electronics, and textile companies to set up...

Shifting Supply Chains from China to Southeast Asia

Many multinational companies have started moving parts of their supply chain out of China due to cost reasons. The ongoing US-China trade war has...

Stock Exchange of Thailand steps up supervision of listed companies

The Stock Exchange of Thailand (SET) has increased its supervision of registered companies, focusing on aspects such as company registration and ongoing oversight. This...

Thailand’s 2023 GDP Disappoints: 1.9% Growth Falls Short of Expectations

The Bank of Thailand may consider an interest rate cut at the next policy review in April due to lower-than-expected 1.9% GDP growth in...

Thai Police Shut Down Major Torrent Illegal Website

The largest torrent tracker site in Thailand, Siambit.me, had an average of 5.5 million monthly visits and offered a wide range of Hollywood, international,...

SET to Improve short selling and program trading Supervision

The Stock Exchange of Thailand (SET) has announced its plans to improve oversight of short selling and program trading in order to minimize their...

Nasdaq Expands Risk Platform into Thailand

Nasdaq's Risk Platform has achieved a major milestone by securing its first client in Asia, Kiatnakin Phatra Securities, which is a significant step in...

Thai Exports slightly contracted in 2023 but poised for recovery in 2024

Despite potential risks from global supply chain disruptions, SCB EIC anticipates that Thai exports should continue to improve in 2024. This is good news...

Thai inflation hits 35 months low in Jan. 2024

Headline inflation in Thailand has decreased for the past four months, hitting its lowest point in 35 months. It is anticipated that this trend...