finance

  • FinanceHow TrustFinance is leading financial transparency in 2025

    How TrustFinance is leading financial transparency in 2025

    The world of digital finance is full of malicious people who seek to use the anonymity and obscure nature of the internet to scam and take advantage of other people’s money. Almost everyone has lost their money or at least had a friend or family member scammed by what they thought was a trusted person telling them to trade, invest,…

  • Thailand NewsTrueMoney denies pre-installing app on mobile devices

    TrueMoney denies pre-installing app on mobile devices

    TrueMoney recently addressed concerns following reports implicating the company in the pre-installation of its financial application on mobile phones. Ascend Money, which operates TrueMoney, clarified that the app is legally compliant and operates with the necessary business licences. TrueMoney holds an electronic payment service licence from the Bank of Thailand (BoT), while Ascend Nano is licenced for digital lending. The…

  • FinanceStay competitive in 2025 with Forex CRM provider Techysquad

    Stay competitive in 2025 with Forex CRM provider Techysquad

    Techysquad IT Infrastructure Co LLC is a Forex CRM provider that offers tools and services to help streamline interactions with active and potential clients, optimise conversions, boost trading activity, and increase customer lifetime value. Beat the competition in 2025 with Techysquad’s Forex CRM Techysquad offers brokers a powerful and comprehensive CRM solution that focuses on efficiency and scalability while providing…

  • FinanceEC Markets takes centre stage as elite sponsor of iFX EXPO Dubai 2025

    EC Markets takes centre stage as elite sponsor of iFX EXPO Dubai 2025

    EC Markets, a global leader in CFD trading, is proud to announce its role as an elite sponsor of the iFX EXPO Dubai 2025, the foremost gathering for the trading and fintech community. Scheduled to take place from January 14 to 16, the event promises to be a hub of innovation, collaboration, and dialogue, drawing professionals from across the globe.…

  • Bangkok NewsGood fortune: PM Paetongtarn’s assets exceed 13 billion baht

    Good fortune: PM Paetongtarn’s assets exceed 13 billion baht

    The National Anti-Corruption Commission (NACC) has disclosed a detailed account of the assets and liabilities of Thailand’s Prime Minister Paetongtarn Shinawatra, marking her ascension into office. The report reveals that the 38 year old PM holds assets worth over 13 billion baht, alongside liabilities amounting to more than 4 billion baht. The asset declaration includes a wide array of personal…

  • FinanceTechysquad’s award-winning Forex CRM Solutions

    Techysquad’s award-winning Forex CRM Solutions

    Driven by greater competition and increased regulatory scrutiny, the dynamic financial landscape is expected to continue its evolution in 2025. Amid the ever-increasing demand for personalised services, forex brokers must adapt to stay ahead of the curve. At the heart of this is a growing need for tailored customer relationship management (CRM) solutions, particularly those that cater to the specific…

  • FinanceX Open Hub closes 2024 with broader liquidity pool, looks forward to 2025

    X Open Hub closes 2024 with broader liquidity pool, looks forward to 2025

    Warsaw-listed multi-asset liquidity provider X Open Hub ends 2024 on a high note. Revealing an expanded liquidity offering, the company currently boasts a multi-asset pool spanning more than 5,000 OTC instruments. With a comprehensive multi-asset bundle of Forex, indices, commodities, shares, ETFs, and cryptocurrencies under its derivatives liquidity umbrella, X Open Hub seeks to meet the demands of an increasing…

  • FinanceAfter a successful ICP Hacker House, the Internet Computer is back!

    After a successful ICP Hacker House, the Internet Computer is back!

    The Global ICP Town Hall is set to close out 2024 with an extraordinary finale in Thailand at 7pm on December 20. This highly anticipated third and final episode, themed as a festive X-mas edition, will bring together innovators, thought leaders, and tech enthusiasts from around the globe for an evening of knowledge sharing and collaboration. Hosted on X Space,…

  • GuidesBehind the curtain: exclusive insights with TradingPRO’s visionary CEO

    Behind the curtain: exclusive insights with TradingPRO’s visionary CEO

    Since its establishment in 2017, TradingPRO has emerged as a leading international brokerage, earning multiple prestigious industry awards for its comprehensive product range and exceptional account features. With a strong emphasis on building lasting client relationships, the company continues to maintain the highest levels of trust and transparency for both its traders and partners, providing a host of resources to…

  • GuidesFBS wins two prestigious accolades at the Finance Magnates Awards 2024

    FBS wins two prestigious accolades at the Finance Magnates Awards 2024

    FBS, a leading global broker, has received two distinguished industry titles at the Finance Magnates Awards 2024, a renowned global event recognising excellence across the financial sector. FBS was named Most Trusted Broker – Asia and Broker of the Year – LATAM, two honours that highlight FBS’s continuing dedication to delivering a secure, accessible, and seamless experience. What Sets FBS…

  • Thai LifeHow much do you need to live comfortably in Thailand?

    How much do you need to live comfortably in Thailand?

    Hosting 28.15 million tourists in 2024, Thailand is built to attract international attention. But with so many types of people in this city, do you ever wonder about how much they have to spend to live here? In this article, we will provide some insights into the cost of living in Thailand and, most importantly, how much you need to…

  • Technology NewsTrade anytime, anywhere with the MC Markets mobile app

    Trade anytime, anywhere with the MC Markets mobile app

    MC Markets, a leader in CFD trading operating a one-stop trading platform, aims to provide traders with a simple and efficient way to access the financial markets, wherever they are in the world. This vision is reflected in its comprehensive offering. With a powerful trading environment built around the industry’s popular MetaTrader 5 platform and a user-friendly mobile trading app,…

  • Thai LifeThe income of the top 1% in Thailand

    The income of the top 1% in Thailand

    While many Westerners associate Asian wealth primarily with countries like Singapore and Japan, Thailand has its own population of Hi-So “ultra-wealthy individuals”. The country’s wealth distribution reveals that while not considered a rich nation overall, Thailand has a notable number of individuals in the top 1% income bracket. Reaching the top 1% of income in European countries typically requires a…

  • Business NewsPotential Trump return haunts global finance leaders at IMF meeting

    Potential Trump return haunts global finance leaders at IMF meeting

    Amidst the typical chatter of low growth, high debt, and conflicts flaring up, the real buzz at the annual IMF and World Bank meetings was the possible political comeback of Donald Trump. This was the hot topic for finance leaders in Washington last week, overshadowing the usual suspects on the agenda. According to some sources, Trump’s alleged leap in the polls…

  • EventsThe UF Awards APAC 2024 voting round starts now

    The UF Awards APAC 2024 voting round starts now

    The gloves are off! With a tidal wave of nominations flooding in for the illustrious Brokers (B2C) and Fintechs (B2B) categories at the UF Awards APAC 2024, it’s time for the public to have their say. The voting round is officially open! This is the moment the entire industry has been waiting for—a chance to vote for your favourite brokerage…

  • Business NewsEnergy Ministry’s new bill targets stable oil and LPG prices

    Energy Ministry’s new bill targets stable oil and LPG prices

    The Energy Ministry’s new bill aiming to control domestic oil and cooking gas prices requires a public hearing to assess its impact on oil traders and government revenue, according to an energy expert. Currently under review by the Council of State, the bill proposes the establishment of a new commission, akin to the Energy Regulatory Commission, to regulate retail prices…

  • Business NewsThai consumers highlight concerns over real-time payment scams

    Thai consumers highlight concerns over real-time payment scams

    The rise in the use of new, convenient, and fast payment channels has been matched by growing concerns about real-time payment scams, as revealed by a global consumer fraud research study conducted by Fico, the US-based data analytics and credit scoring company. The study reveals that Thai consumers are particularly worried about the risk of being deceived into sending money…

  • Business NewsBaht hits two-week high but faces long-term depreciation risks

    Baht hits two-week high but faces long-term depreciation risks

    The Thai baht surged to a two-week high yesterday, surpassing 36.5 to the dollar, marking a strong short-term gain. However, Kiatnakin Phatra Financial Group (KKP) has issued a cautionary note about the potential depreciation of the currency, attributing it to persistent structural issues in Thailand’s economy. Yesterday, the baht led gains among Asian currencies, appreciating by 0.3% to its highest…

  • Thailand NewsEthereum ETFs approved, crypto prices to surge this year

    Ethereum ETFs approved, crypto prices to surge this year

    Cryptocurrencies are having a golden year, with the US Securities and Exchange Commission (SEC) recently approving eight funds set to launch spot Ethereum exchange-traded funds (ETFs). Analysts predict the bull run will persist into the second half of the year, driven by strong interest from institutional investors. The SEC’s approval on May 23 for rule changes allowing ETFs to buy…

  • Thailand NewsThai banks urged to ‘transact green’ by BoT to aid local businesses

    Thai banks urged to ‘transact green’ by BoT to aid local businesses

    The Bank of Thailand (BoT) urges large commercial banks in Thailand to provide transition finance to aid local businesses in shifting from carbon-intensive operations to more sustainable practices. During the seminar EARTH JUMP 2024: The Edge of Action organised by Kasikornbank, Ronadol Numnonda, deputy governor of the central bank, revealed that last year, large local banks reported a total of…

  • Business NewsFinance ministry secures deals for 250 billion baht investments

    Finance ministry secures deals for 250 billion baht investments

    Following the passing of the fiscal 2024 Budget Expenditure Act, the Finance Ministry has confirmed that new financial agreements for investment projects totalling 250 billion baht have been finalised. Deputy Finance Minister Krisada Chinavicharana revealed that during the delay in the act’s signing, governmental bodies with pending investment projects initiated their procurement processes. These processes included creating terms of reference…

  • Business NewsPichai Chunhavajira announced as new Thai Finance Minister

    Pichai Chunhavajira announced as new Thai Finance Minister

    The former Stock Exchange of Thailand (SET) chairman has been appointed as the new finance minister, a move that has garnered a positive reception from stock market analysts. They believe Pichai Chunhavajira will play an active role in managing the capital market and advancing economic stimulus, now that the 2024 fiscal budget is prepared for allocation. Expressing his view on…

  • Thailand NewsFintech friends: Thai-Australian pact seals future prosperity

    Fintech friends: Thai-Australian pact seals future prosperity

    A landmark Memorandum of Understanding (MoU) has been inked between the Thai Fintech Association and FinTech Australia, setting the stage for increased collaboration in the burgeoning financial technology sector. The agreement was signed this week, reflecting both nations’ commitment to enhancing their fintech industries. The Deputy Chair of FinTech Australia, Brian Collins, acknowledged the vast potential for growth in Thailand…

  • Thailand NewsWoman climbs signal pole in desperation over money woes

    Woman climbs signal pole in desperation over money woes

    Tension gripped Bo Win Subdistrict, East Pattaya on Monday when a distressed woman scaled a telephone signal pole in a bid for attention. The woman’s 56 year old husband Prasit (last name withheld) identified her as 58 year old Piew. He disclosed that the incident unfolded after he returned from work in the evening when a dispute arose over financial…

  • Business NewsPDMO to sell 100 billion baht savings bonds for budget deficit funding

    PDMO to sell 100 billion baht savings bonds for budget deficit funding

    The Public Debt Management Office (PDMO) announced plans to sell 100 billion baht (US$2.78 billion) worth of savings bonds within the fiscal year to finance the budget deficit. The initial issue, valued at 40 billion baht (US$1.1 billion), will be offered next month, according to the director-general of the PDMO, Patchara Anuntasilpa. The first tranche of savings bonds for the…

  • Press RoomDeeMoney’s ‘PIN TO SUCCESS’: a roadmap to greater success

    DeeMoney’s ‘PIN TO SUCCESS’: a roadmap to greater success

    “To operate a successful business, you need to have the right products and services and know how to apply innovations to better serve the market and heighten your success. More importantly, be flexible and always ready to adjust your plans in line with your goals.” – Aswin Phlaphongphanich, CEO and Co-Founder, DeeMoney. DeeMoney is a leading Thai fintech company specialising…

  • Thailand NewsHuge deficit in 2025 fiscal year

    Huge deficit in 2025 fiscal year

    The government has laid bare its plans for the 2025 fiscal year, unveiling a colossal budget deficit of 713 billion baht. This unprecedented move comes hand in hand with a staggering increase in spending, soaring to 3.6 trillion baht, leaving citizens and experts alike scratching their heads. The ambitious forecast also includes a predicted gross domestic product (GDP) growth of…

  • Thailand NewsThai finance company’s handwritten debt recovery note sparks online debate

    Thai finance company’s handwritten debt recovery note sparks online debate

    A finance company‘s unconventional method of debt recovery has sparked an online debate. A handwritten demand letter for a car instalment of 27,850 baht was left in a woman’s mailbox, causing her to question the legality and normalcy of this approach. The woman took to the consumer group on Facebook, sharing her experience and seeking clarification. She expressed her bewilderment…

  • Business NewsThailand economy: Fiscal position to suffer due to government policies like digital wallet scheme

    Thailand economy: Fiscal position to suffer due to government policies like digital wallet scheme

    Thailand’s fiscal position is predicted to face a downturn in the medium term, according to analysts, as the government advances populist policies such as the digital wallet scheme. BMI, a division of Fitch Solutions, forecasts that the nation’s budget deficit will escalate from 2.9% in the current fiscal year to 3.6% in the following fiscal year. This is due to…

  • Thailand NewsJSCCIB for water: Thai committee floats idea to dip into digital wallet funds for H2O solutions

    JSCCIB for water: Thai committee floats idea to dip into digital wallet funds for H2O solutions

    The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) proposed that the Thai government allocate a portion of its 560 billion baht digital wallet scheme budget towards supporting water management plans. The committee argues that Thailand needs immediate and long-term solutions to deal with flooding and drought, which is forecasted to affect the agricultural sector due to El Niño-induced…