Tag: thailand

Following the final outcome, political stability could boost sectors such as healthcare, tourism, consumer finance, and industrial estates, with net inflows of foreign investment set to boost The Stock Exchange of Thailand, according to analysts.

The initial phase, which allows PromptPay QR code payments to be used by foreign tourists, will be live in a few weeks. Krungthai Bank will act as the settlement bank.

The bank is expecting the economy to slow in the second half of the year as the impact of US tariffs kick in; SMEs and housing loans are of particular concern.

Thai Union's CFO Ludovic Garnier told CT the deal is an investment in its 2030 sustainability goals and the "future of the Thai blue economy", in part through training and investment in smallholder farmers; the ocean economy is worth 30% of Thailand's GDP.

Exports grew 15% in Q1, however there is expected to be a slowdown moving forward as tariffs bite, the baht remains strong and tourism faces headwinds.

Most major sectors in Thailand have said their normal operations were undisrupted by the earthquake in Myanmar; SET trading resumes after temporary closure on Friday afternoon.

As Hong Kong looks to integrate more with Asean's economies, Thailand joins Indonesia and Singapore as a Recognised Stock Exchange in the Special Administrative Region.

The plan is to create carbon credit trading on a "transparent" platform, and should help with nationally determined contributions.

FDI from Singapore, Hong Kong and mainland China, led the way in the likes of cloud services, data centres, semiconductors and electronics, with investment set to increase this year.

Precious Shipping Public Company is looking to substantially reduce emissions in a first for the Asean shipping sector, with the help of an arm of the Asian Development Bank.

The first case of a new more deadly and transmissible strain of the Mpox virus, formerly known as Monkeypox, has reached Thailand.

The move from the government includes around $275 for each citizen above the age of 16 through a digital wallet.