Tag: Finance
Bitcoin Price Hits Record $80,000 Amid Optimism Over Trump
Bitcoin reached a new milestone by nearing $80,000 for the first time, driven by President-elect Donald Trump's positive attitude towards digital assets and the potential for a Congress with pro-crypto legislators. The cryptocurrency surged...
Changi Airport Fee Hike to Fund Upgrades and Improvements
Changi Airport in Singapore has announced plans to increase fees for passengers and airlines in order to fund a $2.3 billion upgrade of its terminals. The fee hike, which will be implemented gradually between...
Cracking Down on Mule Accounts: How Agencies are Fighting Financial Fraud
The Department of Business Development (DBD) at the Ministry of Commerce has joined forces with the police Central Investigation Bureau (CIB) to combat the rise of corporate mule accounts and nominee operations. This collaboration...
Proposed Interest Suspension for Designated Debtors: A Detailed Analysis
Banks in Thailand have agreed to suspend interest payments on mortgages, auto loans, and small business loans for selected borrowers in order to ease their debt burden during the economic recovery. This initiative is...
Investment commitment by Lighthub and WeLab: A Strategic Partnership
Lighthub Asset and WeLab have come together to form a consortium committed to investing $500 million over five years to secure a virtual banking license from the Bank of Thailand. The consortium believes it...