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Search Result for “Krungthai Bank”

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THAILAND

Domestic co-payment incentive comes under scrutiny

News, Post Reporters, Published on 18/07/2025

» The government's domestic tourism stimulus campaign has come under heavy criticism in parliament, with the opposition blasting the scheme as ineffective due to frequent technical failures, low public engagement and high potential for fraud.

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THAILAND

Ex-monk caught up in sex scandal says he left temple nearly ‘empty-handed’

Published on 12/07/2025

» A former abbot implicated in the “Sika Golf” sex scandal has handed over key financial documents to the acting abbot of his former temple in Saraburi, saying he left the monastery with “almost nothing” to dispel suspicions that he might have fled with temple funds.

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OPINION

Travel scheme farce

Oped, Editorial, Published on 07/07/2025

» The rollout of the "Tiew Thai Khon La Krung" campaign, or Thailand Travel Co-pay scheme, last week has proved to be unmitigated disaster, with no resolution in sight. This embarrassing episode reflects not only gross incompetence, but entrenched political pettiness among policy-makers.

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GENERAL

Thailand Post offers virtual service

Business, Komsan Tortermvasana, Published on 05/07/2025

» The Digital Economy and Society (DES) Ministry plans to support state-run logistics provider Thailand Post as it offers a neutral banking agent service to prospective virtual bank operators.

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GENERAL

Hotels pull out of tourism subsidy scheme

Published on 04/07/2025

» A number of Thai hotels, including large groups such as Dusit, have decided to temporarily pause sales linked to the government’s domestic tourism subsidy scheme because of back-end malfunctions in the system.

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GENERAL

Specialists urge revamp of state procurement process

Business, Suchit Leesa-nguansuk, Published on 04/07/2025

» Technical experts have urged an overhaul of the bidder qualification criteria for government auctions to prevent registration system collapses for state projects with a massive amount of registrants.

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GENERAL

Bugs being fixed in travel subsidy sign-up system

Published on 02/07/2025

» Lessons learned from previous travel subsidy schemes that cost the government 2.3 billion baht due to fraud have the Tourism Authority of Thailand (TAT) defending the complicated registration process for the latest programme.

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GENERAL

High hopes for virtual banks

Business, Somruedi Banchongduang, Published on 30/06/2025

» Financial literacy is crucial in enhancing consumer understanding ahead of the arrival of virtual banks, which aim to improve financial accessibility for underserved groups.

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INVESTMENT

Thai banks tipped for strong growth

Business, Nuntawun Polkuamdee, Published on 27/06/2025

» Analysts are maintaining an overweight stance on Thailand's banking sector, citing attractive valuations and high dividend yields following the Bank of Thailand's decision to keep its policy rate unchanged at 1.75% this week.

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GENERAL

Thailand’s first three virtual banks approved

Wichit Chantanusornsiri, Published on 19/06/2025

» The Ministry of Finance has approved three successful applicants to establish the first virtual banks in the country, the Bank of Thailand announced on Thursday.