Articles for tag: Cryptocurrency, digital economy, economic growth, Gulf Energy, Phuket, technology investment, Thailand

Market News

Trump’s Pro-Fossil Fuel Policies: A Path to Lower Electricity Prices and Economic Growth

Sarath highlights the importance of technology in shaping Thailand’s future, mentioning Gulf’s investments in telecommunications, cryptocurrency, AI, and robotics. He believes that more data-driven businesses will emerge, as digital currency is vital for staying competitive in the global Market. Sarath sees Phuket as a potential hub for digital and cryptocurrency transactions, driven by its high ...

Market News

Thailand Embraces Cryptocurrency to Stimulate Economic Growth and Enhance Financial Innovation

Thai Prime Minister Paetongtarn Shinawatra has announced a new initiative allowing the use of digital assets for payments in Phuket, one of Thailand’s most popular tourist destinations. This decision aims to make it easier for foreign visitors to adapt to local services. Finance Minister Chunhavajira revealed that the program will launch later this year, emphasizing ...

Market News

Thailand Pilots Digital Currencies as Electronic Cash in Phuket: A New Era for Cashless Transactions in Tourism

Thailand is launching a pilot program in Phuket that allows foreign tourists to use digital currencies, including Bitcoin, for everyday purchases and major transactions like buying houses. Announced by Prime Minister Pichai Chunhavajira, the initiative aims to simplify payments for large purchases, particularly for individuals who have relocated due to the Russia-Ukraine conflict. Tourists can ...

Market News

Thailand Pilots Digital Currencies as Electronic Cash in Phuket: A New Era for Cashless Transactions in Tourism

In January, Thailand’s Prime Minister announced a pilot program allowing foreign tourists in Phuket to use digital currencies, like Bitcoin, for payments. This initiative aims to simplify large purchases, such as homes, and support the local economy. Tourists, including those from Ukraine, can register with approved exchanges to buy properties using digital currency. The program ...

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