Bank of Thailand to expand authority over online gold trading
Thailand will expand the authority of its central bank in order to better supervise online gold trading, Bank of Thailand (BoT) Governor Vitai Ratanakorn said on Friday.
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US announces aid to bolster Thailand, Cambodia truce
The US will provide a total of US$45 million in assistance, including to help support people displaced by the recent fighting, says the top US State Department official for East Asia.
Egat to backstop clean power supply
The Electricity Generating Authority of Thailand (Egat) is expected to regain a key role as the largest power supplier, surpassing private companies as it supports the country’s transition to clean energy.
Constituency seats ‘a must’: Abhisit
Democrat Party leader and prime ministerial candidate Abhisit Vejjajiva has underscored the decisive importance of winning constituency seats, warning that party-list votes alone are insufficient to shape the country’s political future or form a government.
Strategy aims to woo B2.5tn in semiconductor investment
Thailand has unveiled a national strategy to increase semiconductor investment to 2.5 trillion baht by 2050, aiming to develop more than 230,000 skilled workers and establish a fully integrated semiconductor system.
Lukewarm response to allowing brewers’ IPOs
Analysts were lukewarm on the Stock Exchange of Thailand’s (SET) plan to open the door to alcoholic beverage listings, arguing the Thai market has limited growth to attract large-scale brewers.
Japan protests China gas drilling in East China Sea
Japan and China agreed in June 2008 to cooperate over oil and gas resources in the East China Sea, but negotiations came to a halt two years later due to rising tensions between the two countries.
DSI raids locations tied to iris scanning and crypto
Officials from the Department of Special Investigation (DSI) on Thursday raided five locations in Bangkok linked to an iris-scanning cryptocurrency initiative suspected of illegally harvesting personal data from 1.2 million Thai citizens.
Pre-dawn fire at Phuket’s Chalong Bay pier destroys 22 speedboats, tour operators left scrambling
No injuries were reported and the cause of the explosion and fire is under investigation.
Virologist warns mutating influenza is spreading
Well-known virologist Yong Poovorawan has warned that a mutating influenza strain A H3N2 is spreading in Thailand. It is more resistant to vaccines but does not increase in severity.