Showing 1 - 10 of 80
OAG pushes for end of scandal-hit temple
Gary Boyle, Published on 30/11/2018
» The Office of the Attorney-General (OAG) has suggested a court petition to order the dissolution of Wat Phra Dhammakaya, linked to the Khun Yay Maha Ratana Upasika Chandra Khonnokyoong Foundation, after it was accused of involvement in the Klongchan Credit Union Cooperative (KCUC) embezzlement scandal, according to a public prosecutor.
Fintech startups: Bringing convenience to banking
Jon Fernquest, Published on 10/04/2017
» Fintech promises to make banking easy & fun, Bangkok Bank is searching for small tech companies to lead the charge.
Nanofinance to fight loan sharks
Jon Fernquest, Published on 13/10/2016
» Pursuing the 'nanofinance' idea of small loans to poor people to fight loan sharks, Bank of Ayudhya launches new loan business.
Will PromptPay revolutionise payments & money transfers?
Jon Fernquest, Published on 13/07/2016
» Almost 10 million signed up for new govt system to make transfers & payments by mobile phone but malware, viruses, privacy & trust issues remain.
Negligence suspected in SCB gas leak, arrest warrants issued (Updated)
Terry Fredrickson, Published on 15/03/2016
» Police have cited negligence as one possible cause of a deadly accident at the head office of Siam Commercial Bank in the capital on Sunday night. Meanwhile, two arrest warrants have been approved
Bank employee held for ATM theft
Jon Fernquest, Published on 09/02/2016
» Four-year 40 million baht crime spree by bank employee using fake ATM cards & motorcycle helmet to withdraw cash, especially targeting foreigners.
Thai banks face biggest default since 1997 crisis
Jon Fernquest, Published on 28/09/2015
» Sahaviriya Steel's UK steel business has failed with defaults on 50 billion baht of loans from Thai banks, biggest default for Thai banks since 1997 Asian crisis.
Bankers get 18 years in prison, no Thaksin ruling until return to Thailand
Jon Fernquest, Published on 27/08/2015
» Former chairman & president of state-owned Krung Thai bank & 18 others get lengthy prison sentences & 10 billion baht fine, for corrupt loan practices. Ruling on Thaksin waiting for his return.
What's new in business news: August 14, 2015
Jon Fernquest, Published on 14/08/2015
» Eviction by 130 hired thugs in downtown Bangkok in 2003 has judgement delayed, ready-to-eat food prices skyrocket & 1997 crisis debt to be cleared in 15 years, not 24.
Greek crisis: Banks closed as exit from eurozone looms
Jon Fernquest, Published on 29/06/2015
» Over the weekend, Greeks waited in long lines to withdraw their money from ATMs after European central bank decided not to continue emergency funding. Big payment to IMF due on Tuesday.