Thailand is a popular destination for tourists, expats, and digital nomads. However, it is also a hotspot for online scams that target foreigners and locals alike. The current financial landscape is becoming increasingly perilous, with fraudulent individuals luring unsuspecting victims into various investment schemes – especially the trading of digital currencies through applications or websites […]
Hydropower-reliant Yunnan province cannot generate as much electricity amid low water inflows, and months of diminished rainfall threaten to have a broader impact on other regions. Source link Read the rest of China’s economic recovery faces challenging summer as hydropo… on Thailand China Business News
TikTok’s “shoppertainment” trend, where content and commerce converge on the platform, is expected to be worth $1 trillion in the Asia-Pacific region by 2025. TikTok, the popular short-video app, has been growing rapidly in the Asia-Pacific region, especially in markets like India, Indonesia, and Japan. According to a recent report by App Annie, TikTok was […]
Household debt in Thailand has reached 16 trillion baht in the first quarter of this year, accounting for 90.6% of the country’s GDP. This increase is due to both higher levels of debt and a redefinition of national household debt, which now includes student loans, agricultural cooperative loans, housing loans, and microfinance. The rise in household debt is primarily due to real estate purchases and personal loans. Rising interest […]
A critical part of China’s Belt and Road Initiative (BRI), the China-Europe Railway Express has expanded by more than 20 percent a year in recent years.However, over the past year, the railway’s growth has slowed dramatically. Its business has declined with most European countries—with the exception of Russia, which now dominates Europe’s trade with China.After […]
Forbes has released its 20th annual ranking of the world’s top-performing conglomerates for the year 2023. JP Morgan secured the first position for the first time since 2011, followed by Saudi Aramco and three Chinese state-owned banks led by ICBC. The ranking encompasses companies from 58 countries, with the US having the highest representation of […]
The recent US–Philippines Balikatan military exercise was a response to China’s increased aggression in the South China Sea. China had been targeting both Filipino military personnel and small-scale fisherfolk in the Philippines’ exclusive economic zone. China’s provocations had become indiscriminate and bolder, making it difficult to ignore the situation. The 38th Balikatan exercise in April […]
According to the latest issue of the Asian Development Bank’s Asia Bond Monitor, bond yields in emerging East Asia declined from March to May due to easing inflationary pressure in the region and slower monetary tightening in the US. Financial conditions in the region remained stable despite uncertainty over the US Federal Reserve’s monetary stance […]
