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Crypto platform CEO says clearer tax policy could help incentivise investment in Thailand (video)

20 Sept 01:36 Key points summarised by AI

Nirun Fuwattananukul, CEO of Gulf Binance, plans to dominate the Thai crypto market within two years, banking on a partnership with a major telecom operator to drive adoption.
He suggests the Thai government could attract more investment by offering special incentives for blockchain and incorporating cryptocurrency education into school curricula.

Today 14:58 Key points summarised by AI

Thailand's government will launch the "Chainat-Pasak-Gulf" water diversion canal project in fiscal year 2027, a seven-year mega-infrastructure initiative.
This permanent structural solution aims to mitigate recurrent central plains flooding by diverting water from the Chao Phraya River directly into the Gulf of Thailand, significantly reducing flow to major cities like Ayutthaya and Bangkok.
Prime Minister Anutin Charnvirakul justifies the long-term investment as a means to reduce future damages and fiscal burdens, contrasting it with the 40-50 billion baht spent annually on short-term flood relief.
Concurrently, the Prime Minister instructed officials to expand drainage capacity into the Tha Chin River and swiftly remove water hyacinths to improve immediate flood management.