Showing 1 - 10 of 19
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.
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.
BoT preps phase 2 of drive for sustainability
Business, Somruedi Banchongduang, Published on 31/12/2024
» The Bank of Thailand is implementing phase 2 of its Thailand Taxonomy to standardise the transition of banks and local businesses towards sustainability.
Rate cuts to take priority next year
Business, Somruedi Banchongduang, Published on 18/12/2024
» Monetary policy should take a central role in driving economic growth next year, while fiscal policy diminishes as a tool to address the fiscal deficit, says Supavud Saichuea, chairman of the National Economic and Social Development Council.
World Bank urges govt to invest in infrastructure, green economy
Somruedi Banchongduang, Published on 04/07/2024
» The World Bank has advised the Thai government to boost investment in reviving ageing infrastructure and strengthening the green economy, to help drive the country's economic potential beyond 2.7% growth in the medium term.
Virtual bank applications to open in March
Business, Somruedi Banchongduang, Published on 01/03/2024
» The Bank of Thailand is scheduled to open the application period for virtual banking licences this month, attracting several business operators.
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.
SCB X says virtual bank will meet BoT's requirements
Business, Somruedi Banchongduang, Published on 08/07/2023
» SCB X, the financial technology conglomerate and holding company of Siam Commercial Bank (SCB), believes its planned virtual bank will comply with the central bank's requirements amid competition for the new banking licence.
Economists anticipate 0.25% hike
Business, Somruedi Banchongduang, Published on 08/05/2023
» Local economists are predicting the Bank of Thailand will increase its policy rate to a terminal level of 2% this month after estimating the Fed's funds rate has already peaked.
Scan set to safeguard mobile banking
Business, Somruedi Banchongduang, Published on 17/02/2023
» Mobile banking users may need to complete a biometric scan when adjusting the limit for monetary transfers to strengthen security for mobile transactions.