Showing 1 - 10 of 17
Bank of Thailand sticks to 3 virtual bank licences
Business, Published on 21/09/2024
» The Bank of Thailand is maintaining its policy of initially granting only three virtual bank licences, despite receiving a large number of applications from interested operators.
Small firms feel the pinch amid an array of challenges
Business, Wichit Chantanusornsiri, Published on 31/08/2024
» Thai small and medium-sized enterprises (SMEs) remain trapped in a cycle of rising costs, declining revenues and weakening consumer purchasing power.
Balance needed for supervision of AV market
Business, Komsan Tortermvasana, Published on 26/08/2024
» Creating a balanced regulatory scheme to supervise the Thai audio-visual (AV) market is the proper way to govern streaming platforms, including small geo-satellite broadcast and digital terrestrial TV (DTT) systems in this era of digital evolution, according to a study.
Hong Kong issues generative AI guidelines to banks to avoid bias against consumers
Published on 20/08/2024
» HONG KONG: Hong Kong's de facto central bank is urging financial institutions in the city to follow a new set of guidelines when using generative artificial intelligence (GenAI) in consumer-facing applications, as adoption grows in the banking sector.
Tour firms face fee hike amid fraud fear
Business, Molpasorn Shoowong, Published on 11/07/2024
» After Thai travellers were left stranded by outbound tour operators despite choosing licensed companies selling premium packages, the Tourism and Sports Ministry plans to seek consumer protection solutions.
Trade group cools jets on aviation hub
Business, Molpasorn Shoowong, Published on 10/06/2024
» DUBAI: The International Air Transport Association (IATA) says Thailand may be constrained in its pursuit of becoming the region's leading aviation hub by 2030 because of global supply chain disruptions, adding that Thailand needs to remove unnecessary regulations and move towards digitalisation for aviation efficiency.
Push to promote SME, community products abroad
Business, Phusadee Arunmas, Published on 30/05/2024
» Commerce Minister Phumtham Wechayachai provided a policy briefing this week for overseas commercial counsellors to work with provincial commerce officers to promote Thai SMEs' (small and medium-sized enterprises) products and soft power -- including the food and content industries -- amid geopolitical tensions and changing consumer behaviour.
Thai official helps steer Asean in negotiations with China
Business, Phusadee Arunmas, Published on 06/05/2024
» The Department of Trade Negotiations (DTN) participated in the recent Asean-China Free Trade Area (ACFTA) 3.0 Upgrade Negotiations, aiming to enhance Asean-China trade and investment relations, as well as ensure the free flow of goods and services.
The shape of finance to come
Business, Published on 18/03/2024
» Virtual banks are on the horizon after the Royal Gazette published on March 4 the criteria for companies applying for a licence.
Use cases studied for open data
Business, Somruedi Banchongduang, Published on 01/03/2024
» The Bank of Thailand expects initial use cases under its open banking policy to be implemented next year, aiming to provide consumers with better access to financial services.