The Bank of Thailand and Thailand are developing plans for a stablecoin backed by the baht, alongside exploring diplomatic and trade partnerships with Europe.

The entities involved

• Bank of Thailand →

  central bank

  • The local Thai market relies on exports and tourism, while high interest rates restrict market growth.Fri 00:41
• Thailand →

  country in Southeast Asia

  • Heavy rains caused flooding in Bangkok, while a weather system affected both Thailand and Myanmar, with local volunteers involved.Mon 12:43
  • Phuket is identified as a key market for luxury development.Mon 10:53
• Europe →

  terrestrial continent located in north-western Eurasia

  • The European Commission aims to strengthen homegrown AI capabilities while global advanced models face usage restrictions.Mon 17:49
  • The European Central Bank is forced to raise interest rates due to energy price shocks from the Iran war and an influx of Chinese exports.Mon 17:49

Related events

• Thailand is currently negotiating reciprocal trade pact terms as part of ongoing international trade talks.Sep 6
• Thai official Sihasak Phuangketkeow met with the Indian Ambassador to discuss deepening strategic partnership and trade.Jun 30
• The Bank of Thailand manages monetary policy for Thailand, noting that geopolitical risks are affecting currency stability.Sep 9
• Lagos State Government and Thailand are deepening economic ties through investment and trade.Aug 28
• Thailand and Malaysia strengthened cooperation in trade and investment during bilateral talks.Sep 6