Showing 1 - 10 of 21
New Bank of Thailand chief pledges more help for household debtors
Somruedi Banchongduang, Published on 10/10/2025
» The new governor of the Bank of Thailand has vowed to focus more on targeted measures alongside monetary policy to deliver tangible results and provide meaningful support to the public.
Funding a sustainable revolution
Business, Somruedi Banchongduang, Published on 09/06/2025
» Thailand is transitioning to a sustainable economy, marked in part by the implementation of Thailand Taxonomy Phase 2 on May 27, 2025, which focuses on a sustainable finance framework.
Bid to halt financial fraud intensifies
Business, Somruedi Banchongduang, Published on 15/03/2025
» Regulatory authorities are taking proactive measures to block mule accounts associated with legal entities, with the number of blocked accounts expected to rise by more than 1,000 in the near future.
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.
The effort to clamp down on scams
Business, Somruedi Banchongduang, Published on 19/09/2024
» Wiroj Lakkhanaadisorn, a People's Party list MP, recently slammed the Bank of Thailand governor for his slow action in tackling rampant call centre scams.
Bank of Thailand chief says local focus key to growth
Business, Somruedi Banchongduang, Published on 14/09/2024
» Domestic resilience and the strength of the local economy will be key to sustaining Thailand's economic growth in the long term, especially amid a slowdown in foreign direct investment (FDI), according to the Bank of Thailand chief.
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.
How interest rates affect household debt
Business, Somruedi Banchongduang, Published on 09/11/2023
» Elevated interest rates became the topic of public discussion recently after a homebuyer posted her home instalment payment of 10,900 baht on social media, of which the principal accounted for only five baht, while interest expense was 10,894.5 baht.
UOB chief champions rise of sustainable financing
Somruedi Banchongduang, Published on 24/05/2023
» United Overseas Bank (UOB) has developed green frameworks to provide companies with simplified access to green and sustainable financing so that they can build resilient businesses, said Tan Choon Hin, president and CEO of UOB Thailand.