Showing 1 - 10 of 12
Ban on transactions from mule accounts imminent
Business, Somruedi Banchongduang, Published on 06/02/2025
» The banking industry is set to implement a ban on financial transactions involving mule accounts in March, in compliance with the Bank of Thailand's (BoT) directive.
BoT clamps down on mule accounts
Business, Somruedi Banchongduang, Published on 31/01/2025
» The Bank of Thailand is tightening rules for financial transactions to control mule accounts and plans to extend stricter measures to include digital assets and e-wallets in the next phase.
BoT eyes higher bank capital reserves
Business, Somruedi Banchongduang, Published on 25/03/2022
» The business groups of commercial banks planning to invest in digital asset businesses will have to keep sufficient capital reserves to handle possible risk, according to the central bank.
BoT mulls stablecoins to pay for goods, services
Business, Somruedi Banchongduang, Published on 25/01/2022
» The Bank of Thailand (BoT) is considering promoting the use of stablecoins to pay for goods and services, specifically in some use cases, which will be useful for financial innovation.
BoT says lockdown could take big bite out of GDP
Business, Somruedi Banchongduang, Published on 23/07/2021
» The Bank of Thailand predicts the government's tougher measures to contain new infections will lessen economic activity by a range of 0.8 to 2 percentage points.
BoT vows study of consumption habits
Business, Somruedi Banchongduang, Published on 10/04/2021
» The Bank of Thailand pledges to keep a close watch on the fresh wave of Covid-19 infections and, in particular, the government's measures in containing the infections as well as people's consumption behaviour.
Asset management funds for hotels floated
Business, Somruedi Banchongduang, Published on 09/11/2020
» Regulatory bodies and the private sector are studying viable options, such as asset management funds, to help hotels overcome the pandemic and retain employment.
BoT sees slower recovery in 2021
Business, Somruedi Banchongduang, Published on 24/09/2020
» Thailand's economic recovery is expected to take longer than previously anticipated, mainly due to the drastic decline in foreign tourist numbers, says the Bank of Thailand.
Quarterly figures hit record trough
Business, Somruedi Banchongduang, Published on 30/05/2020
» The economy got off to a grim start this quarter, with several economic indicators posting the worst levels on record for an April, says a central bank senior official.
Digital banking surges in sea change
Business, Somruedi Banchongduang, Published on 14/04/2020
» The pandemic has ravaged businesses and forced social distancing, spiking demand for remote and digital services as well as online banking.