Showing 1 - 10 of 57
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.
Escaping the debt cycle
Business, Somruedi Banchongduang, Published on 15/07/2024
» A 25-year-old woman's struggles with debt of 307,000 baht went viral on social media recently when she asked for advice on how to manage what she owed. She earns 22,000 baht per month, with 6,000 baht going towards rent and 3,000 baht monthly for motorcycle loan payments.
Central bank chief prepares for meeting with Srettha
Business, Somruedi Banchongduang, Published on 30/09/2023
» The Bank of Thailand governor is ready to meet the prime minister following the central bank's policy rate hike and its decision to cut the GDP forecast for 2023.
BoT increases policy rate to 2.50%
Business, Somruedi Banchongduang, Published on 28/09/2023
» The Bank of Thailand's Monetary Policy Committee (MPC) voted unanimously yesterday to raise the policy rate by a quarter percentage point from 2.25% to 2.50%, effective immediately, the highest level since October 2013.
Economist backs consumption stimulus measures
Business, Somruedi Banchongduang, Published on 21/09/2023
» The government's policy of stimulating private consumption is reasonable to sustain Thailand's economic growth amid global uncertainties, says an economist with Standard Chartered Bank (Thai).
Improving the auto loan sector's standards
Business, Somruedi Banchongduang, Published on 26/08/2023
» While car repossessions are expected to increase this year, the situation is not as alarming as appears in the media, according to an industry executive.
Banks strike back at cybercriminals
Business, Somruedi Banchongduang, Published on 08/02/2023
» The local banking industry is developing the technological infrastructure to prevent cybercrime in the hard-hit financial sector, according to an adviser to a key anti-fraud body.
KBank aims to augment digital loans
Business, Somruedi Banchongduang, Published on 07/02/2023
» Kasikornbank (KBank) plans to expand its digital lending this year with stronger control of loan quality, while also growing its mobile banking user numbers.
Krungsri aims to grow regional base
Business, Somruedi Banchongduang, Published on 03/02/2023
» Bank of Ayudhya (Krungsri) continues to expand its financial business in Asean and targets its regional customer base exceeding 500,000 this year.
Parties invited to debate challenges
Business, Somruedi Banchongduang, Published on 02/02/2023
» The Federation of Thai Industries (FTI) plans to invite political party leaders to debate Thailand's economic challenges and their solutions as the country gears up for a new general election.