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Thailand mulls Covid-19 vaccine passports to boost tourism sector
BANGKOK, March 6 (Xinhua): Thailand is considering Covid-19 vaccine passports and quarantine exemption amid efforts to boost the ailing tourism sector as inoculation rolled out worldwide.
The future of money is digital, but is it bitcoin?
THE idea that much of today’s cash use will shift to digital tokens is neither faddish nor outlandish, as long as you don’t start equating the future of money with bitcoin.
Thailand eyes US$1bil from notes tied to Libor successor
BANGKOK, Feb 27 (Bloomberg): Thailand’s central bank plans to auction its first floating-rate notes linked to a local benchmark to replace Libor, as the move away from the scandal-tainted benchmark gathers pace globally.
Thailand's exports dip 0.3 percent in January; speed limit will be raised to 120kph in April
BANGKOK, Feb 27 (Xinhua): The value of Thailand's merchandise exports fell 0.3 percent year on year in January, data from the central bank showed.
Asia digital currency gets China assistance
BEIJING (China Daily/ANN): China has joined a multilateral central bank digital currency project in Asia for real-time cross-border transactions like cross-border fund transfers, international trade settlements and capital market transactions, amid renewed global efforts to promote the use of digitalised legal tenders.
Asian digital currency gets PBoC support
BEIJING: China has joined a multilateral central bank digital currency project in Asia for real-time cross-border transactions like cross-border fund transfers, international trade settlements and capital market transactions, amid renewed global efforts to promote the use of digitalised legal tenders.
Thai economic outlook highly uncertain, fiscal policy should stay
BANGKOK: Thailand’s economic outlook remained highly uncertain with large downside risks, so limited monetary policy room should be preserved to be used at the most effective time, minutes from the central bank’s last policy meeting showed.
Thai economy signals recovery on stimulus, local demand
Thailand’s economy continued to climb back from the pandemic blow in the final quarter of 2020, supported by government stimulus and local demand, though full-year performance was the worst since the Asian financial crisis more than two decades ago.
Bank Negara likely to cut OPR by 25bps at March meeting
KUALA LUMPUR: Bank Islam Malaysia Bhd expects Bank Negara Malaysia (BNM) to cut its overnight policy rate (OPR) by 25 basis points (bps) at the upcoming Monetary Policy Meeting scheduled for March 4.
Thailand open to more stimulus If GDP growth misses target
BANGKOK, Feb 6 (Bloomberg): Thailand’s government is ready to take more fiscal steps if economic growth falls below its base-case forecast, driven by the latest Covid-19 outbreak or delays in vaccinating the public, a senior Finance Ministry official said.