Thais are poised to buy more gold for a fifth straight year, as a rally in the local currency makes the bullion cheaper, complicating efforts by the central bank to curb the precious metal’s influence ...
Shedding its long-standing price sensitivity to the price of gold, Thailand is currently a gold buyer driving the price up, just like China. Present changes in the global gold market, in which pricing ...
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Thailand tightens gold and crypto rules to crack down on grey money
Thailand’s government has ordered a major tightening of regulations surrounding gold trading and crypto as a way to curb “grey money” and illegal financial flows. Over the weekend, Prime Minister ...
BANGKOK: Thailand’s gold trade is pushing back against central bank plans for a tax aimed at curbing a currency rally, warning the measure would hammer businesses and undermine the Southeast Asian ...
Tether Gold has arrived in Thailand with a listing on Maxbit, an exchange backed by PTG Energy, a major Thai energy conglomerate. Tether, issuer of the world’s largest stablecoin, USDt, is rolling out ...
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