Showing 1 - 10 of 80
Bank of Thailand takes closer look at large cash transactions
Business, Somruedi Banchongduang, Published on 12/02/2026
» The Bank of Thailand is tightening oversight of cash transactions by introducing stricter due diligence requirements and clearer verification of the purpose of fund usage, in an effort to curb suspicious transactions.
Industry leaders fear political vacuum amid slowdown
Business, Somruedi Banchongduang, Published on 04/09/2025
» The private sector is concerned a political deadlock could exacerbate Thailand's economic slowdown over the next six months.
Economists tout quantitative easing for Thai monetary policy
Business, Somruedi Banchongduang, Published on 22/08/2025
» Economists have proposed the Bank of Thailand explore the feasibility of adopting quantitative easing (QE) to support monetary policy should conventional interest rate cuts have a minimal effect.
SCB X plans to harness AI for virtual bank
Business, Somruedi Banchongduang, Published on 29/07/2025
» SCB X, the technology conglomerate and holding company of Siam Commercial Bank (SCB), is set to launch its virtual bank under the "AI Native Bank" concept.
Two giants, one vision: SCB WEALTH and BlackRock forge global investment power for Thai investors
Business, Somruedi Banchongduang, Published on 13/05/2025
» SCB WEALTH, a key business unit of SCB, is dedicated to enhancing the wealth of Thai investors and expanding opportunities for global investments. SCB launched partnership with BlackRock who is the world’s largest asset management company. By partnering with BlackRock, a company that shares the same business philosophy, both organizations emphasize the customer-centric approach, focusing on developing investment products that truly meet clients’ needs. SCB WEALTH views wealth management as a long-term investment, ensuring a strong financial future under the concept of “Your Success. Our Success.”
KTB looks to state sector for loan gains
Business, Somruedi Banchongduang, Published on 25/01/2025
» Krungthai Bank (KTB) is targeting moderate loan growth this year, supported by the government sector and increased public investment.
Debt relief scheme seen as too small to impact bank ratings
Business, Somruedi Banchongduang, Published on 24/12/2024
» The government's latest debt relief scheme is unlikely to affect the credit rating of Thailand's banking industry in 2025 due to the modest scope of the measures, according to Fitch Ratings Thailand.
Virtual bank competition heats up
Business, Somruedi Banchongduang, Published on 18/09/2024
» Competition for the new virtual bank licences has intensified, with five business groups expressing interest in applying.
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.
Five groups seek to establish virtual banks
Business, Somruedi Banchongduang, Published on 21/08/2024
» Five business groups are expected to apply for the Bank of Thailand's virtual bank licences, including both Thai and regional operators.