Showing 81 - 90 of 162
Cashless movement picks up steam
Somruedi Banchongduang, Published on 01/08/2019
» Online payments are growing exponentially as banks and tech firms enter the segment
Economy poised to grow at slower clip than BoT's forecast
Business, Somruedi Banchongduang, Published on 01/08/2019
» The economy is likely to expand at a slower pace than the Bank of Thailand's 3.3% forecast for the year because of subdued exports and domestic consumption, adding to signs of a further projection rollback.
Cashless movement picks up steam
Business, Somruedi Banchongduang, Published on 01/08/2019
» While cash remains king in Thailand, dominating 90% of the country's total payment value, exponential growth in online payments after banks waived digital transaction fees and a consumer shift towards digital platforms suggest the notion of a cash-free society is gathering steam.
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.
BoT keeps options open
Business, Somruedi Banchongduang, Published on 18/07/2019
» The Bank of Thailand says the impact of a policy rate cut to tame offshore fund inflows would be limited and it stands ready to enact additional measures if recent moves fail to contain the baht.
Somkid: BoT taming baht independently
Business, Somruedi Banchongduang, Published on 11/07/2019
» The government has given the Bank of Thailand a free hand in dealing with the baht's rapid gain, says Deputy Prime Minister Somkid Jatusripitak.
Facebook approaches BoT on Libra
Business, Somruedi Banchongduang, Published on 06/07/2019
» The Bank of Thailand will schedule a meeting with Facebook to discuss the social media giant's much-touted Libra cryptocurrency.
BoT cuts July bonds by B60bn
Business, Somruedi Banchongduang, Published on 02/07/2019
» The Bank of Thailand is tapering 60 billion baht out of its July issuance of three-, six- and 12-month bonds, in a move likely aimed at curbing hot money and the baht's rapid gain.
Measures to curb hot money ahead
Business, Somruedi Banchongduang, Published on 27/06/2019
» The Bank of Thailand is set to implement measures to curb hot-money inflows after the baht recently rallied to a more than six-year high.
E-KYC opens new chapter in banking
Business, Somruedi Banchongduang, Published on 17/06/2019
» Mobile banking usage has soared for every age group after digital transaction fees were scrapped a few years ago, but digital authentication, also known as electronic know-your-customer (e-KYC), is expected to open a new chapter in the online banking boom.