Showing 1 - 10 of 136
Where to look as rates dip
Business, Nuntawun Polkuamdee, Published on 23/09/2024
» After the Federal Reserve cut US interest rates for the first time in four years last week with more trims planned, positive sentiment pulsed for various assets.
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.
Harsher consequences for tolerating scams
Business, Suchit Leesa-nguansuk, Published on 20/09/2024
» The Digital Economy and Society (DES) Ministry is planning to amend regulations in order to enforce liability for banks and telecom operators if they are found to be negligent in tackling online scams, says DES permanent secretary Wisit Wisitsora-At.
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.
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.
PM says handout will give ‘jolt’ to economy
Published on 17/09/2024
» The launch of a 145-billion-baht handout programme to needy people next week is certain to give a “jolt” to the economy, Prime Minister Paetongtarn Shinawatra said on Tuesday, as her government promised more stimulus measures ahead.
Digital Economy and Society Ministry to retain key policies
Business, Komsan Tortermvasana, Published on 17/09/2024
» The Digital Economy and Society (DES) Ministry has vowed to continue its eight core policies with a focus on curbing online fraud and creating a sustainable digital economy.
Banks share data with Bank of Thailand to combat fraudulent mule accounts
Somruedi Banchongduang, Published on 02/09/2024
» The banking industry has introduced data-sharing through a new Central Fraud Register (CFR) system to intensify efforts to crack down on so-called mule accounts.
Krungsri Consumer predicts uptick in credit card loans
Business, Somruedi Banchongduang, Published on 30/08/2024
» Krungsri Consumer, the unsecured loan unit of Bank of Ayudhya (Krungsri), anticipates a rise in credit card loans during the second half of this year, despite a sluggish economy and an increase in the minimum payment requirement for credit cards.
Thai economy 'nearly in crisis'
Reuters, Published on 21/08/2024
» Thailand's economy is nearly in crisis due to declining exports and uncompetitive manufacturing, caretaker Finance Minister Pichai Chunhavajira said on Wednesday.