Showing 1 - 10 of 20
Government and banks to discuss screening Myanmar deals
Published on 18/07/2024
» The government plans talks with Thai commercial banks about improved screening of transactions allegedly used for weapons purchases by the Myanmar junta, Foreign Minister Maris Sangiampongsa said on Thursday.
Thai banks ‘lack capacity’ to screen Myanmar deals
Published on 11/07/2024
» Major Thai banks defended themselves on Thursday against criticism that they facilitated weapons purchases by the Myanmar junta, saying they lacked the capacity to investigate all transactions that might be used for such purchases.
Banks deny they helped Myanmar junta buy weapons
Post Reporters, Published on 28/06/2024
» The Thai Bankers’ Association (TBA) said on Friday that it stood firmly against facilitating transactions for the procurement of weapons for Myanmar’s military junta.
SCB clarifies Myanmar-related transactions
Published on 27/06/2024
» Siam Commercial Bank (SCB) says it has found no irregularities in transactions with Myanmar, and disputes some statements made in a United Nations report about the bank’s role in military procurement financing.
Economy in need of revival
Business, Published on 03/06/2024
» Following a disappointing GDP expansion reading of only 1.5% in the first quarter, trailing other economies in the region, the Thai government plans to pick up the pace to stimulate economic growth.
The thorny issue of digital wallet funding
Business, Wichit Chantanusornsiri, Published on 25/04/2024
» The coalition government led by Prime Minister Srettha Thavisin made a significant pivot on its flagship scheme, which aims to hands out 10,000 baht each to 50 million Thais via a digital wallet, shifting from government borrowing, which drew sharp criticism and raised concerns about potential violations of financial and fiscal discipline regulations.
FTI wary of conflict's impact on border trade
Business, Lamonphet Apisitniran, Published on 11/04/2024
» Recent armed conflict in Myanmar is causing concern over a possible further decline in border trade near Tak's Mae Sot district and a spike in illegal workers from Myanmar in Thailand, says the Federation of Thai Industries (FTI).
PTTEP stake in Myanmar gas field rises after Chevron exit
Published on 09/04/2024
» WASHINGTON - The US energy company Chevron has quit the Yadana natural gas field in Myanmar, a spokesperson said, more than two years after it condemned violence and human rights abuses in the military-run country and announced it would leave.
Thailand to finalise EU free trade talks in 2025
Published on 12/03/2024
» Thailand expects to complete negotiations over a free trade agreement (FTA) with the European Union (EU) in 2025, Prime Minister Srettha Thavisin said on Tuesday, as the government seeks to draw trade and investment to boost the economy.
STA banking on 'traceable rubber'
Business, Lamonphet Apisitniran, Published on 08/03/2024
» Rubber manufacturer Sri Trang Agro-Industry (STA) has launched "traceable rubber" to support its exports to the European Union (EU) which demands products that meet environmental and human rights standards.