Showing 1 - 8 of 8
Virtual banks to shake up Thai finance next year
Business, Somruedi Banchongduang, Published on 24/12/2025
» By mid-2026, Thais are expected to be able to access virtual banks, offering expanded options for people underserved by formal financial services.
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.
Private sector upbeat on sentiment
Business, Somruedi Banchongduang, Published on 05/09/2024
» A leading business group is optimistic the new government will improve public sentiment thanks to its unity and stability.
BoT concern over use of digital assets to make payments
Business, Somruedi Banchongduang, Published on 08/12/2021
» The Bank of Thailand is concerned about the use of digital assets to pay for goods and services because of their price volatility.
PEA adopts e-LG to cut expenses
Business, Somruedi Banchongduang, Published on 04/11/2020
» The Provincial Electricity Authority (PEA), a state power distribution arm, has adopted an electronic letter of guarantee (e-LG) integrated with blockchain technology to reduce operation costs and enhance business efficiency.
SCB adds $50m to DV subsidiary
Business, Somruedi Banchongduang, Published on 16/05/2018
» Siam Commercial Bank (SCB) has injected an additional US$50 million (1.6 billion baht) in its fintech investment arm, Digital Ventures Co Ltd (DV), making it the country's largest corporate venture capital firm.
BoT tells off banks over baht speculation
Business, Somruedi Banchongduang, Published on 31/01/2018
» The Bank of Thailand has reprimanded some financial institutions with operations in Thailand for their behaviour in the light of speculative activity with the baht, say senior officials at the central bank.
BoT sounds alarm on baht speculation
Business, Somruedi Banchongduang, Published on 18/01/2018
» In a rare move, the Bank of Thailand has threatened to investigate some financial institutions with operations in Thailand for possible involvement in baht speculation.