China massive first-mover advantage in Central Bank Digital Currencies (CBDCs)

Central Bank Digital Currencies (CBDCs) have the potential to disrupt dollar dominance and transform the mechanics of the global financial system by providing faster and cheaper ways to settle international trade and financial transactions

Krungthai Bank to Partner with AIS on Virtual Bank Investment

Currently, financial institutions are waiting for the Bank of Thailand to issue virtual bank regulations, which are likely to be announced soon

High level of household debt could disrupt economic recovery

Thailand’s household debt to gross domestic product ratio dropped to 86.8% in the third quarter from 88.1% in the previous quarter, as the economy continued to recover.

Bond Yields Rise in Emerging East Asia Amid Monetary Tightening

Global inflation, slower growth in the People’s Republic of China (PRC), and economic fallout from the Russian invasion of Ukraine continued to threaten the region’s short-term prospects.

Thailand raises interest rate for the third time in a row to 1.25%

For the third time in a row this year, the Bank of Thailand increased its benchmark interest rate by a quarter point to 1.25% on Wednesday, making it the highest level since February 2020 and helping to control inflation.