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BUSINESS

Bank of Thailand expected to avoid manipulation charge

Business, Somruedi Banchongduang, Published on 06/02/2026

» Thailand has a low likelihood of being designated a currency manipulator, as foreign exchange intervention in the baht remains well below the US threshold, according to Kasikorn Research Center (K-Research).

BUSINESS

New SCB chief likely to move over from card division

Business, Somruedi Banchongduang, Published on 13/01/2026

» SCB X Group, a financial technology conglomerate and holding company of Siam Commercial Bank (SCB), looks set to appoint the head of Card X as SCB's next top executive as the group prepares for broad management changes.

BUSINESS

How to protect your finances and fight fraud

Business, Somruedi Banchongduang, Published on 15/12/2025

» If you are an avid online shopper who regularly joins flash sales and loves snapping up discounted items, you need to be extra careful before making any transfers. Even if you made it through the 12.12 sales smoothly, it is important to stay alert during the upcoming 1.1 promotions and beyond. Fraudsters posing as online merchants remain widespread.

BUSINESS

YouTrip targets 10% growth a year

Business, Somruedi Banchongduang, Published on 04/12/2025

» YouTrip, Asia-Pacific's leading multi-currency travel card, expects to maintain annual growth of 10% over the next three years and is preparing to list on a US stock exchange during that period.

THAILAND

BoT to begin reporting forex interventions next year

News, Somruedi Banchongduang, Published on 01/11/2025

» The Bank of Thailand (BoT) will begin publicly reporting details of its foreign exchange intervention activities and international reserves next year, following a joint statement with the US Department of the Treasury aimed at enhancing transparency and policy coordination.

BUSINESS

Asset management firms to absorb bigger slice of NPLs

Business, Somruedi Banchongduang, Published on 29/10/2025

» The Bank of Thailand expects asset management companies (AMCs) to absorb 20% of non-performing loans (NPLs) to help improve bad debt management in the banking industry.

BUSINESS

Virtual banks to be announced in June

Business, Somruedi Banchongduang, Published on 18/04/2025

» The Finance Ministry is scheduled to announce the list of approved virtual banks by June 19, with the Bank of Thailand confirming it will grant three banking licences in the initial stage.

BUSINESS

Small firms get B60bn funding for sustainability

Business, Somruedi Banchongduang, Published on 27/03/2025

» Banks have provided financing worth up to 60 billion baht to small and medium-sized enterprises (SMEs) to support their transition to sustainability, according to the Bank of Thailand.

THAILAND

Govt mulls buying underperforming NPLs

News, Somruedi Banchongduang, Published on 24/03/2025

» The government has announced plans to purchase non-performing loans (NPLs) with outstanding balances below 100,000 baht to alleviate financial burdens on small-scale debtors.

BUSINESS

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.