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Thailand’s current regulatory stance on crypto payments
Thailand’s current regulatory stance on crypto payments
Thailand's regulatory authorities, the Bank of Thailand (BoT) and the Securities and Exchange Commission (SEC), have taken a cautious yet open-minded approach towards the use of cryptocurrencies as a means of payment. Their primary concerns ‒ rooted in the volatility of digital assets, the risks of cybercrime and potential money laundering ‒ have led to a regulatory framework that discourages general usage while allowing for controlled experimentation through sandbox environments.
Phuket showcases ahead of sustainable tourism event
Phuket showcases ahead of sustainable tourism event
PHUKET: In preparation for hosting an upcoming major sustainable tourism initiative, Phuket officials were busy showcasing the province’s merit and capabilities at a recent event in Singapore.
Regulator prepares for nuclear energy
Regulator prepares for nuclear energy
BANGKOK: The Energy Regulatory Commission (ERC) will start looking into the legal aspects of a small modular reactor project this month to prepare Thailand for using nuclear energy.
Sharks circle as Lobsters flounder
Sharks circle as Lobsters flounder
FOOTBALL: A sense of disarray hung in the air at the Surakul Stadium yesterday (Nov 16) as Phuket Andaman FC (PAFC) fell to a 2-1 loss to bottom of the league Ranong United.
China tests building moon base with lunar soil bricks
China tests building moon base with lunar soil bricks
BEIJING: China is seeking to push forward in its quest to build the first lunar base, launching an in-space experiment to test whether the base’s bricks could be made from the moon’s own soil.
Man drowns trying to collect coins after Loy Krathong festival
Man drowns trying to collect coins after Loy Krathong festival
PHUKET: A Burmese man attempting to retrieve coins from floats in a Thalang reservoir as part of the Loy Krathong festivities tragically drowned in the early hours of yesterday (Nov 15), police have confirmed.
PM signals tech commitment
PM signals tech commitment
BANGKOK: Prime Minister Paetongtarn Shinawatra has assured global tech giants that the Thai government is committed to promoting digital skills and infrastructure and collaborating with them in these areas.
Memorial Pairs tournament debuts at Kamala Bowls Club
Memorial Pairs tournament debuts at Kamala Bowls Club
BOWLS: A new major tournament known as “The Memorial Pairs” honouring past members who have sadly passed away took place recently at Kamala Lawn Bowls Club.
Tyson beaten by Youtuber Paul in heavyweight return
Tyson beaten by Youtuber Paul in heavyweight return
BOXING: Mike Tyson’s controversial return to boxing ended in a one-sided defeat yesterday (Nov 15), with Youtuber-turned-prizefighter Jake Paul cruising to victory by unanimous decision against the heavyweight icon in Texas.
Phuket celebrates Loy Krathong in style
Phuket celebrates Loy Krathong in style
PHUKET: Thailand’s national Minister of Industry joined the colourful Loy Krathong festivities at Phuket Rajabhat University (PRU) yesterday evening (Nov 15) as similar celebrations took place across the island.
‘Gladiator II’ could have made history
‘Gladiator II’ could have made history
There is no doubt that Ridley Scott’s 2000 film ‘Gladiator’ is a cinematic masterpiece. If winning five Oscars and having countless actors and filmmakers admit over the years that it is their favourite film is not enough to prove that, then the fact that it still has the power to mesmerize and wow audiences some 24 years later certainly is.
PLTO confirms Maxim legal in Phuket
PLTO confirms Maxim legal in Phuket
PHUKET: The Phuket Land Transport Office (PLTO) has confirmed that the popular ride-hailing app Maxim is legal to use in Phuket.
Zelensky says Ukraine war will end ‘sooner’ with Trump in office
Zelensky says Ukraine war will end ‘sooner’ with Trump in office
KYIV: Ukrainian President Volodymyr Zelensky said yesterday (Nov 15) that Russia’s war against his country will “end sooner” than it otherwise would have done once Donald Trump becomes US president next year.
Central Retail reports B2.13bn profit, B63.1bn revenue in Q3
Central Retail reports B2.13bn profit, B63.1bn revenue in Q3
BANGKOK: Central Retail Corporation reported a net profit of B2.13 billion on total revenue of B63.1bn in the third quarter of 2024.
Four Phuket officials receive Order of the White Elephant
Four Phuket officials receive Order of the White Elephant
PHUKET:  Phuket Governor Sophon Suwannarat  has presented four Phuket officials with the Royal Decorations of the Order of the White Elephant, First Class.
Drug bust nets 2,000 meth pills
Drug bust nets 2,000 meth pills
PHUKET: Phuket Provincial Police have arrested a man from Srisoonthorn found with more than 2,000 methamphetamine pills (ya bah) and nearly 200 grammes of crystal meth (ya ice).
Phuket Andaman FC confident ahead of Ranong clash
Phuket Andaman FC confident ahead of Ranong clash
FOOTBALL: Last weekend Phuket Andaman FC (PAFC) played Krabi FC, who were bottom of the league at the time, confident of a win. After coming away with a 2-0 loss, expectations going into today’s (Nov 16) game against now-bottom Ranong United at Surakul Stadium are high.
Grass Fed: Rawai experiment yields food for dugongs
Grass Fed: Rawai experiment yields food for dugongs
PHUKET: An experiment in Rawai to grow marine plants as a substitute for seagrass for dugongs for feed on is showing positive results, reports the Department of Marine and Coastal Resources (DMCR).
New-look War Elephants settle for draw
New-look War Elephants settle for draw
FOOTBALL: A national squad featuring the new generation of War Elephants suffered a goalless home draw with Lebanon in a FIFA Day friendly on Thursday night (Nov 14) at Thammasat Stadium.
Thai soldiers ‘tortured and killed Myanmar migrant’, rights group says
Thai soldiers ‘tortured and killed Myanmar migrant’, rights group says
BANGKOK: A human rights group has called on Thai authorities to fully investigate three soldiers for the “horrific” death of a Myanmar migrant on the border in Tak province earlier this year, saying they had tortured and beaten the man.