Showing 1 - 10 of 19
E.SUN unveils local office
Business, Somruedi Banchongduang, Published on 26/08/2022
» Taiwan's E.SUN Bank opened its first representative office in Bangkok on Tuesday, aiming to provide financial services for Taiwanese corporations.
The power of joining forces
Business, Somruedi Banchongduang, Published on 13/08/2022
» A joint venture asset management company (JV AMC) business model is the country's innovative solution for handling non-performing loans (NPLs) in the banking sector, said Suthirak Traichira-Aporn, chief executive of JK Asset Management (JK AMC), in an exclusive interview with the Bangkok Post.
Central bank mulls joint sandbox for NDID
Business, Somruedi Banchongduang, Published on 24/05/2022
» The Bank of Thailand plans to collaborate with other regulatory agencies on setting up a co-regulatory sandbox to test digital identity verification through the National Digital ID (NDID) platform in the second half as part of efforts to further drive the digital economy.
BoT focusing on digital innovation
Business, Somruedi Banchongduang, Published on 19/10/2021
» The Bank of Thailand (BoT) is developing the country's financial ecosystem by balancing financial stability and technology development to transform the financial sector into the digital era.
BoT details blueprint for digital currency
Business, Somruedi Banchongduang, Published on 20/08/2021
» The Bank of Thailand plans to test its Retail Central Bank Digital Currency (Retail CBDC) in next year's second quarter, allowing all related parties to participate in the testing process.
Central bank poised to launch Retail CBDC
Business, Somruedi Banchongduang, Published on 03/04/2021
» The Bank of Thailand is scheduled to launch the Retail Central Bank Digital Currency (CBDC) by the second quarter next year, allowing Thais to access more convenient and secure financial services.
Tax restructure projected for 2021
Business, Somruedi Banchongduang, Published on 13/11/2020
» The Finance Ministry plans to implement tax restructuring next year in an effort to offset lower tax income and shift the economic structure because of the effect of the pandemic crisis.
KTB looks to SMEs for growth
Business, Somruedi Banchongduang, Published on 23/01/2020
» Krungthai Bank (KTB) aims for 3-5% lending growth this year, focusing on small and medium-sized enterprises (SMEs), but slowing retail loan growth.
Inflation target narrows
Business, Somruedi Banchongduang, Published on 25/12/2019
» The cabinet has approved the central bank's narrowed headline inflation target for next year to a range of 1-3% from this year's 1-4%, but this does not signal a change in monetary policy, says a senior official at the Bank of Thailand.
Jailbroken phones slapped with ban
Business, Somruedi Banchongduang, Published on 21/12/2019
» Around 10,000 mobile phones that have been jailbroken or have outdated operating systems will be banned from making mobile banking transactions, starting from May 1, 2020, as part of the central bank's efforts to upgrade security for mobile banking.