Showing 1 - 10 of 142
Bank of Thailand sticks to 3 virtual bank licences
Business, Published on 21/09/2024
» The Bank of Thailand is maintaining its policy of initially granting only three virtual bank licences, despite receiving a large number of applications from interested operators.
Lighthub-WeLab consortium among virtual bank applicants
Nuntawun Polkuamdee, Published on 20/09/2024
» A consortium of Lighthub Asset, a Thai fintech powerhouse, and WeLab, a leading pan-Asian fintech platform, has applied for the Bank of Thailand's (BoT) virtual bank licence, with results expected in the first half of 2025.
Big names chase virtual bank licences
Published on 19/09/2024
» Competition for new virtual bank licences has intensified, with five major business groups confirming their intentions prior to the deadline for submissions on Thursday.
Malaysia, Cambodia launch cross-border QR payments
Published on 19/09/2024
» KUALA LUMPUR - The central banks of Malaysia and Cambodia on Thursday launched a cross-border quick response (QR) payment linkage between the two countries, allowing consumers and merchants to make and receive instant retail payments through mobile applications.
Asian markets cheer big US rate cut
Published on 19/09/2024
» Asian stocks surged on Thursday after the Federal Reserve made its first interest rate cut in four years a big one, creating what analysts say should be a path to a soft landing for the US economy.
The effort to clamp down on scams
Business, Somruedi Banchongduang, Published on 19/09/2024
» Wiroj Lakkhanaadisorn, a People's Party list MP, recently slammed the Bank of Thailand governor for his slow action in tackling rampant call centre scams.
Consumer spending to finally recover this year
Business, Nareerat Wiriyapong, Published on 19/09/2024
» The Bank of Thailand's expected interest rate cuts, prompted by the strong baht, and growth in the tourism sector will both increase the country's consumer spending, which is expected to exceed the 2019 level for the first time this year, say analysts.
Zombie banking deepens economic woes
News, Chartchai Parasuk, Published on 19/09/2024
» This is the second of three articles, following the earlier article "Problems with Dr Thaksin's Visions". The series will end with an article titled "Call for a paradigm shift".
European cities brace for peak flooding
Published on 18/09/2024
» European cities from Budapest to Wroclaw in Poland are racing to build up their defences as floodwaters peak over the coming days.
Whoscall unveils Scam Alert feature
Business, Komsan Tortermvasana, Published on 18/09/2024
» Gogolook, owner of the Whoscall application, in collaboration with the National Broadcasting and Telecommunications Commission (NBTC), has launched the Scam Alert feature on the app.