Thai banks face systemic risks amid uneven recovery (S&P)

The long period of low activity, especially in the tourism sector, has hurt businesses and reduced household incomes in Thailand

Moody’s affirms Thailand’s Baa1 rating and keeps outlook stable

The affirmation of the Baa1 ratings reflects Moody’s expectations that Thailand will continue to display economic resiliency to future shocks, underpinned by its large and diverse economy and strong macroeconomic policy effectiveness.

How are emerging markets combatting cryptocurrency-related crime?

A record $14bn in digital currencies were transferred to illegal addresses last year, according to blockchain data platform Chainalysis, up 79% on the $7.8bn recorded in 2020.

How fintechs are revolutionising remittances in emerging markets

Remittance flows tend to be more stable than broader capital flows. They also tend to be countercyclical, increasing during downturns or catastrophes, when other capital flows generally dwindle.

ASEAN banks face challenges to decarbonize finance

Across the ASEAN region, 15%-30% of banking system loans are to carbon-intensive industries that have high carbon-transition risks such as coal-fired power generation; coal mining; oil and gas

Thai Cabinet Approves Crypto-Friendly Tax Rules

The new rules will offer traders several benefits, including exemption from value-added taxes, settlement of losses and higher crypto trading activity in Thailand.

Singapore Signs Digital Trade Deal With the UK

Singapore and the UK will promote and facilitate rules that develop a safe and secure e-payment system. This includes encouraging businesses to use Application Programming Interfaces (APIs) and adopting internationally accepted standards.

SEC tightens regulations on digital assets to enhance investor protection

In case of a withdrawal or transfer of fiat money at an amount from 2 million baht to not exceeding 50 million baht, digital asset business operators shall seek approval from two authorized persons.