Showing 31 - 40 of 44
Money changers feeling the pinch
Business, Somruedi Banchongduang, Published on 16/06/2021
» Fifty-seven money changers closed their operations over the past year, while the volume of money exchanged plunged by over 600%, mainly due to the country's suspension of cross-border travel amid the Covid-19 pandemic.
Central bank poised to launch Retail CBDC
Business, Somruedi Banchongduang, Published on 03/04/2021
» The Bank of Thailand is scheduled to launch the Retail Central Bank Digital Currency (CBDC) by the second quarter next year, allowing Thais to access more convenient and secure financial services.
BoT paves path for legal stablecoin
Business, Somruedi Banchongduang, Published on 20/03/2021
» The Bank of Thailand is open to legal digital currencies and plans to issue a consultation paper on stablecoins within the first half of this year.
BoT warns against any use of THT stablecoin
Business, Somruedi Banchongduang, Published on 18/03/2021
» The Bank of Thailand is warning people to refrain from participating in any activities involving Thai Baht Digital (THT), as there are no legal assurances or protection with it and users could be at risk of cybertheft or money laundering.
Money changers explore related services
Business, Somruedi Banchongduang, Published on 19/01/2021
» Money changer companies are exploring new foreign exchange-related businesses to seek new income sources after their businesses have been drastically affected by the pandemic.
BoT taking CBDC to retailers
Business, Somruedi Banchongduang, Published on 16/07/2020
» The Bank of Thailand plans to explore expanding the central bank digital currency (CBDC) to retailers in the next phase of development after testing the CBDC for corporate transactions.
KBank uses digital for Asean retail
Business, Somruedi Banchongduang, Published on 03/02/2020
» Kasikornbank (KBank) looks set to use digital banking to make inroads into the regional retail market, tapping higher-yield business.
BoT prepares to restrain baht
Business, Somruedi Banchongduang, Published on 11/10/2019
» The Bank of Thailand is set to step up efforts to rein in the baht in the next few months by easing capital flow regulations, managing gold trading flows and lowering the current account surplus, says its chief.
BoT more amenable but still leery of Libra landing
Business, Somruedi Banchongduang, Published on 19/07/2019
» Bank of Thailand governor Veerathai Santiprabhob has toned down his hostility towards Facebook's digital currency plan, but he said prudent study of both the benefits and risks of the virtual coin is still needed.
Project Inthanon heads to Phase III
Somruedi Banchongduang, Published on 18/07/2019
» The Bank of Thailand's Project Inthanon Phase III, which involves interoperability among ledgers for cross-border funds transfer, is expected to start next month and conclude during the fourth quarter of this year.