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BUSINESS

Monetary Policy Committee policy rate likely to remain unchanged

Business, Somruedi Banchongduang, Published on 25/02/2026

» The Bank of Thailand's Monetary Policy Committee (MPC) is expected to keep the policy rate unchanged at Wednesday's meeting, supported by stronger economic growth than forecast and an improving political outlook.

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

Foreign currency deposit accounts skyrocket

Business, Somruedi Banchongduang, Published on 20/06/2025

» Foreign currency deposit (FCD) accounts have grown rapidly, driven primarily by individuals, especially younger depositors seeking higher returns.

BUSINESS

Foreign tourist arrivals gain in April from previous month

Business, Somruedi Banchongduang, Published on 31/05/2025

» Foreign tourist arrivals improved in April, supported by European and Middle Eastern travellers, contributing to higher tourism income, says a Bank of Thailand executive.

BUSINESS

SCB X in search of higher profits via wealthier customers

Business, Somruedi Banchongduang, Published on 14/04/2025

» SCB X, the financial technology conglomerate and holding company of Siam Commercial Bank (SCB), is entering its third year of operations in 2025.

BUSINESS

Illegal mobile loan apps found

Business, Somruedi Banchongduang, Published on 05/02/2025

» The Bank of Thailand has identified 10 mobile applications illegally offering personal loans and is working to have them removed from the App Store and Google Play Store.

BUSINESS

Abacus keen on regional growth

Business, Somruedi Banchongduang, Published on 10/01/2025

» Abacus Digital, a fintech firm under SCB X, is exploring regional business expansion and preparing for a listing on the local stock exchange as part of its next growth phase.

BUSINESS

1% credit card fee remains on hold

Business, Somruedi Banchongduang, Published on 04/05/2024

» The Bank of Thailand is continuing to freeze the attempt to charge an additional 1% fee to local credit cardholders, prompting card issuers to explore alternative solutions.

BUSINESS

Agency records 0.5% year-on-year drop in deposits last year

Business, Somruedi Banchongduang, Published on 27/02/2024

» The value of deposits under the supervision of the Deposit Protection Agency (DPA) in 2023 fell by 0.5% year-on-year, the first decline in a decade, attributed to the top and the bottom-tier deposit segments, said DPA president Songpol Chevapanyaroj.

BUSINESS

Dip in deposits for 2023

Somruedi Banchongduang, Published on 26/02/2024

» The value of deposits under the supervision of the Deposit Protection Agency (DPA) in 2023 fell by 0.5% year-on-year, the first decline in a decade, attributed to the top and the bottom-tier deposit segments, said DPA president Songpol Chevapanyaroj.