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GENERAL

Real-time payment risks grow

Business, Published on 12/06/2024

» The growing adoption of new, convenient and fast payment channels has come with growing apprehension about real-time payment scams, according to a global consumer fraud research study by Fico, the US-based data analytics and credit scoring company.

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GENERAL

Government seeks tighter grip on central bank after clash

Bloomberg News, Published on 05/06/2024

» Prime Minister Srettha Thavisin's administration is discussing ways to exert more control over the Bank of Thailand (BoT) after repeatedly clashing with the monetary authority on economic policy, according to people familiar with the matter.

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GENERAL

Khon Kaen expects boost from longer-stay visas

News, Chakkrapan Natanri, Published on 04/06/2024

» The private sector in the northeastern province of Khon Kaen is confident that the visa extension measure of 60 days, effective this month, will help spur tourism and the economy.

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GENERAL

Ministry prioritises upgrade of tourism

Business, Molpasorn Shoowong, Published on 31/05/2024

» Thailand still has weaknesses in infrastructure and services, as destinations have not developed to keep pace with demand, though the government has pledged to improve the nation's ranking in the tourism development index during its four-year term.

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Pattaya promises to clean up its reputation for sex tourism

Business, Molpasorn Shoowong, Published on 30/05/2024

» Pattaya tourism operators have vowed to promote family tourism, local food and Thai martial arts to eliminate its long-standing image as a hub of sex tourism, while urging authorities to cater to rising tourist numbers following state efforts to allow travellers from more countries to stay in the kingdom for up to 60 days.

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GENERAL

Debt Clinic sees surge in applicants in Q1

Somruedi Banchongduang, Published on 13/05/2024

» The number of retail borrowers seeking assistance via the central bank’s Debt Clinic programme surged by 43% in the first quarter, indicating a growing resolve among financially vulnerable individuals to address non-performing loans (NPLs).

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GENERAL

CKPower reports a dip in Q1 revenue from seasonal factors

Published on 10/05/2024

» CK Power Plc, one of the region’s largest electricity producers from hydro power, reported a total revenue of 2.49 billion baht, a 195 million baht or 7.3% decrease compared to the same period last year, primarily due to the lower revenue from electricity and steam sales from Bangpa-in Cogeneration Limited (BIC) as a result of lower average natural gas prices and lower retail Ft compared to the same period of the previous year.

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GENERAL

Digital wallet eligibility terms tweaked

Wichit Chantanusornsiri, Published on 08/05/2024

» The government has added a new condition for its digital wallet handout, saying recipients must not have more than 500,000 baht in their deposit accounts as of March 31.

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GENERAL

Visa waiver extended for Indians, Taiwanese

Bloomberg News, Published on 07/05/2024

» The cabinet has approved a plan to extend visa exemptions for tourists from India and Taiwan for six more months, as the country seeks to boost the number of foreign arrivals to shore up the sluggish economy.

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GENERAL

Govt confirms B400 minimum wage by October

Published on 02/05/2024

» The government plans to increase the daily minimum wage to 400 baht nationwide from October but some affected businesses might get help, spokesman Chai Wacharonke said on Thursday.