Showing 21 - 30 of 45
BoT looks for cash deposit solutions
Business, Somruedi Banchongduang, Published on 28/10/2022
» The Bank of Thailand intends to find solutions to make cash deposit machines (CDMs) more convenient, following new regulations from the Anti-Money Laundering Office (Amlo) on their use.
Analysts sound alarm on baht depreciation
Business, Somruedi Banchongduang, Published on 22/06/2022
» Economists are warning the baht will weaken further throughout this month because of higher volatility in money and capital markets worldwide after the US Federal Reserve's hawkish benchmark interest rate hike.
BoT continues to ease forex regulations
Business, Somruedi Banchongduang, Published on 13/05/2022
» The Bank of Thailand (BoT) is persevering in its commitment to relax foreign exchange regulations as part of its development of a new foreign exchange ecosystem to stabilise the exchange rate in the longer term.
BoT eyes higher bank capital reserves
Business, Somruedi Banchongduang, Published on 25/03/2022
» The business groups of commercial banks planning to invest in digital asset businesses will have to keep sufficient capital reserves to handle possible risk, according to the central bank.
Krungsri prepares for pilot of retail CBDC
Business, Somruedi Banchongduang, Published on 11/02/2022
» Bank of Ayudhya, under the marketing name Krungsri, has been preparing to pilot the use of the retail central bank digital currency (CBDC) for the payment of goods and services this year, in line with the Bank of Thailand's strategy.
Central bank to issue 20-baht polymer banknotes in March
Business, Somruedi Banchongduang, Published on 21/01/2022
» The Bank of Thailand plans to start issuing 20-baht polymer banknotes on March 24.
CBDC trial pushed to late next year
Business, Somruedi Banchongduang, Published on 25/12/2021
» The Bank of Thailand has postponed the testing of its retail Central Bank Digital Currency (CBDC) until late 2022 as it awaits the readiness of related stakeholders to participate in the trial.
KTB group eyes 3.8% growth
Business, Somruedi Banchongduang, Published on 17/12/2021
» Krungthai Compass, a research house under Krungthai Bank (KTB), predicts the Thai economy will start to recover next year with a growth rate of 3.8%, rising from a forecast of 1% this year.
Krungsri Consumer open to future cryptocurrency use
Business, Somruedi Banchongduang, Published on 13/11/2021
» Krungsri Consumer, the unsecured loan unit of Bank of Ayudhya (BAY), under the marketing brand of Krungsri, is open to the future use of cryptocurrencies and other forms of digital currencies via credit card spending, in line with the digital age.
BoT details blueprint for digital currency
Business, Somruedi Banchongduang, Published on 20/08/2021
» The Bank of Thailand plans to test its Retail Central Bank Digital Currency (Retail CBDC) in next year's second quarter, allowing all related parties to participate in the testing process.