Thailand Business News
Business

Indonesia Launches First Government-Supported Cryptocurrency Exchange Platform

Indonesia has launched the world’s first state-backed cryptocurrency exchange, supervised by the Commodities Futures Trading Supervisory Agency. The bourse will list licensed crypto companies and aims to strengthen the regulatory environment for the country’s booming cryptocurrency sector. While the use of cryptocurrencies as a payment medium is currently prohibited, investments in cryptocurrency are allowed. Indonesia […]

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China’s youth face dismal job prospects
Business

Job Prospects for China’s Youth are Dismal

Xu Ke, 21, comes from a long line of university lecturers. Yet his peers and people a few years older than him are all struggling with a major crisis in their lives: growing competition for a dwindling number of jobs as youth unemployment tops 20%, driven by a huge downturn in manufacturing and foreign investment.  […]

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Thailand Business News
Business Economics Tourism

Thai Finance Ministry Revises 2023 Growth Forecast to 3.5%

The Thai Finance Ministry has revised its economic growth outlook for 2023 to 3.5% from 3.6% due to weaker global demand for exports. The ministry also predicts a 0.8% contraction in exports this year. However, the economy has been supported by increased domestic consumption and a recovery in the tourism sector. The ministry maintains a […]

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Thailand Business News
Business Economics

Strategizing Thailand’s Free Trade Agreements to Expand Trade Opportunities

Thailand is pursuing an ambitious free trade agreement (FTA) strategy to expand its trade and investment opportunities with various partners around the world. The country has already signed 13 FTAs with 18 economies, including China, Japan, India, Australia, and the European Free Trade Association (EFTA). Thailand is currently negotiating several more FTAs with potential partners […]

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China’s ambiguous mediation role in Ukraine
Business

China’s Uncertain Mediation Position in Ukraine

Author: Alexander Korolev, UNSW After a year of diplomatic inactivity towards the war in Ukraine, the Chinese government has made demonstrable attempts to look like a peacemaker. But while these moves indicate a change in its behaviour, there is little reason to anticipate that China’s efforts will end the war. China’s 12-point ‘peace plan’ and […]

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Thailand Business News
Business

Chinese Electric Vehicle Companies Invest Heavily in Thailand

Chinese EV manufacturers have shown interest in investing over $1.44 billion in the production of electric vehicles (EVs) in Thailand. This comes as Thailand aims to have EVs make up 30% of all vehicles produced in the country by 2030. Chinese companies, GSC Aion New Energy Automobile and Svolt Energy Technology, have already committed large […]

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China is blocking Tibetan monks and writers from spreading religious content online
Business

Tiananmen Mothers Urge China’s Xi Jinping to Acknowledge 1989 Massacre

Tiananmen Mothers, a group representing victims of the June 4 massacre that ended weeks of pro-democracy protests in 1989 has called on Chinese leader Xi Jinping to take responsibility for the actions of the government ahead of this year’s 34th anniversary. “They may believe that they had nothing to do with the order to open […]

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