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

The Dawn of Autonomous AI: Transforming Technology and Society’s Future in the Bangkok Post

Leading companies in Thailand are starting to adopt agentic artificial intelligence (AI) to enhance their operations. Agentic AI refers to autonomous systems that can make decisions and take actions to achieve specific goals, offering the potential to improve efficiency across various sectors. According to Gartner, this technology will be crucial in 2025, with predictions that ...

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 ...

Market News

Japan’s Bitcoin Adoption Lags as Thailand Leads the Way in Cryptocurrency Integration and Innovation

Japan and Thailand are taking different approaches to Bitcoin. Japan is cautious, with Prime Minister Shigeru Ishiba stating that cryptocurrencies like Bitcoin do not fit the country’s strategy for financial reserves due to their volatility. Lawmakers are urging exploration of Bitcoin, but the government remains committed to traditional methods. In contrast, Thailand is embracing innovation. ...

Market News

Japan’s Bitcoin Adoption Lags as Thailand Leads the Way in Cryptocurrency Integration and Innovation

Japan and Thailand are taking different paths in their approach to Bitcoin. Japan is being cautious, with Prime Minister Shigeru Ishiba expressing concerns about the high volatility of cryptocurrencies and their place outside legal foreign exchange reserves. This conservative strategy contrasts with the views of some lawmakers who advocate for Bitcoin integration into national reserves. ...

Market News

ACET Founder Acme Proposes Bitcoin Integration to Revolutionize Thailand’s Economy and Boost Financial Growth

Acme Worawat, the founder of ACET digital currency, is proposing to make Thailand a leader in blockchain technology by integrating Bitcoin into the country’s economy. His plan includes using Bitcoin as part of Thailand’s reserve fund and calls for updates to existing digital asset laws to support this initiative. Worawat aims to attract significant foreign ...

Market News

ACET Founder Acme Proposes Bitcoin Integration to Revolutionize Thailand’s Economy and Enhance Financial Innovation

Acme Worawat, the founder of ACET digital currency, has launched a groundbreaking initiative aimed at positioning Thailand as a leader in blockchain technology. His proposal includes integrating Bitcoin into the country’s economic framework, using it as part of Thailand’s reserve fund. As the digital economy expands, Worawat calls for updates to existing regulations to foster ...

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